Five-Unit Victorian Apartment
For Sale
$190,000
3400 Ravina Drive, Des Moines, IA 50313
MultiFamily, Des Moines, IA
Property Size4,067 SF
Lot Size0.37 Acres
Price / SF$46.72
Days on Market84
Property Features for 3400 Ravina Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1-60
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 2
Parking features
Garage
Elementary school district
Des Moines Independent
Middle school district
Des Moines Independent
High school district
Des Moines Independent
Directions
Euclid Ave to 11th St. South on 11th St which turns into Ravina Dr. to home.
Subdivision
Des Moines N.West
Special listing conditions
In Foreclosure
Standard status
Active
APN
07003964000000
Size
4,067 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Description
LOT 17 BLK 1 OAKLAND HEIGHTS
Tax Annual Amount
3921
Legal Description
LOT 17 BLK 1 OAKLAND HEIGHTS
Utilities
Heating system
Hot Water(Heating)
Amenities
laundry hookups
Building Details
Year built
1897
Floors in Building
3
Number of units
5
Building materials
VinylSiding
Architectural style
Other
Listing Agency:
RE/MAX Concepts · RE/MAX International
(515) 276-2872
Listed By:
Heather Wright · License #S60534000
(515) 229-2012
Added: Jun 1
Changed: Aug 19
Last Checked: Aug 23 at 12:06PM
MLS# 742038
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Converted Victorian single-family home now operating as a five-unit investment property in Des Moines’ Oak Park neighborhood. The building totals 4,067 SF on a 0.37-acre lot and was built in 1897. Original Victorian details remain throughout, including an ornate staircase, original millwork, stained glass, and a fireplace with an intact surround.
The property includes a mix of unit conditions. Two units appear to have been updated with newer kitchens and flooring, while the remaining units need substantial work, including walls, flooring, kitchens, and baths. The home is described as bank-owned and is being sold in AS IS condition.
On-site parking features two attached garage spaces and two detached spaces. Laundry hookups are on the main floor and in the basement, and there are seven utility meters. Heating is hot water. The property is in R1-60 zoning.
Cash or conventional financing may be appropriate depending on the buyer’s plan for the home’s condition.
The property includes a mix of unit conditions. Two units appear to have been updated with newer kitchens and flooring, while the remaining units need substantial work, including walls, flooring, kitchens, and baths. The home is described as bank-owned and is being sold in AS IS condition.
On-site parking features two attached garage spaces and two detached spaces. Laundry hookups are on the main floor and in the basement, and there are seven utility meters. Heating is hot water. The property is in R1-60 zoning.
Cash or conventional financing may be appropriate depending on the buyer’s plan for the home’s condition.
Key Highlights
- Five‑unit apartment building converted from a Victorian single‑family home
- 4,067 SF on a 0.37‑acre lot
- Built in 1897 with original Victorian details including ornate staircase and stained glass
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
Explore this area
Business Placement
Demographics for 50313, IA
17,723
Population
7,674
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
86%
High-School Grad
18.1 sq mi
ZIP Area
979
Density / Sq Mi
$64,077
Median Household Income
$36,284
Median Earnings
$1,077
Median Rent
$161,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit rental in R1-60 with original Victorian interior features, plus multiple attached and detached garages.
Where is this apartment building located?
The property is located at 3400 Ravina Drive Des Moines, IA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Five‑unit apartment building converted from a Victorian single‑family home; 4,067 SF on a 0.37‑acre lot; Built in 1897 with original Victorian details including ornate staircase and stained glass
