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Small Multifamily Investment

2303 Carpenter Ave Des Moines, IA 50311

New
2303 Carpenter Ave, Des Moines, IA, 50311
$225,000
For Sale
$225,000

Five-unit multifamily property located just blocks from Drake University.

Property Size2,734 SF
Price / SF$82.30
Days on Market3

Property Features for 2303 Carpenter Ave

General Information

Standard status
Active
Size
2,734 SF
Property subtype
Multi-Family

Building Details

Year Built
1907
Listing Agency RE/MAX Concepts
Listed by Mike Reagan · License #5084
Source Kwlegacyrealty
Added: Jul 19 Updated: Jul 20 at 3:39 am Checked: Jul 20 at 3:39 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Concepts


Investment Insights

Based on property information with market context.

This for-sale multifamily property features 5 distinct units within an apartment building configuration. It is being offered as a residential income property with multiple revenue streams.

The property is located at 2303 Carpenter Ave in Des Moines, IA, just blocks from the Drake University campus.

With a total property size of 2,734 square feet, the building is positioned for investors seeking smaller-scale residential rental exposure.

Key Highlights

  • Five‑unit multifamily property
  • Located just blocks from Drake University in Des Moines
  • Year built: 1907

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Law Firm HVAC Service Spa & Massage Center Skin Care Clinic Kitchen & Bath Showroom Accounting Firm Building Supply Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five-unit multifamily property located just blocks from Drake University.
Where is this apartment building located?
The property is located at 2303 Carpenter Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Five‑unit multifamily property; Located just blocks from Drake University in Des Moines; Year built: 1907
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