Mixed-Use Property With Two
New
For Sale
$200,000
2312 Forest Avenue, Des Moines, IA 50311
MultiFamily, Des Moines, IA
Property Size7,238 SF
Lot Size0.26 Acres
Price / SF$27.63
Days on Market2
Property Features for 2312 Forest Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
NPC
Rooms
Basement
Lot features
Corner Lot
Elementary school district
Des Moines Independent
Middle school district
Des Moines Independent
High school district
Des Moines Independent
Directions
Forest ave east b/t MLK & 30th st. South side of the road.
Subdivision
Des Moines N.West
Standard status
Active
APN
08001563000000
Size
7,238 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 1 DRAKE UNIVERSITY OP
Tax Annual Amount
3336
Legal Description
LOT 1 DRAKE UNIVERSITY OP
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Flooring type
Tile
Building materials
Frame
Architectural style
Other
Listing Agency:
EXIT Realty & Associates
(515) 253-3948
Listed By:
Timothy Schutte
(515) 991-4204
Added: Sep 18
Last Checked: Sep 19 at 2:06PM
MLS# 749583
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.
This mixed-use parcel includes two separate buildings with distinct redevelopment components. The commercial building at 2312 Forest Avenue contains approximately 1,144 square feet of finished space, with a block-style layout suited to retail, office, or other commercial use. Its upper floor contains two two-bedroom apartments that have been taken down to the studs and require complete interior renovation.
The second structure, at 1370 23rd Street, is a historic Victorian home measuring approximately 4,124 square feet. It has been fully gutted and was previously arranged as seven apartments. Both buildings are positioned for renovation, with public water and public sewer serving the property. The parcel is zoned NPC, includes a basement, and dates to 1900.
The second structure, at 1370 23rd Street, is a historic Victorian home measuring approximately 4,124 square feet. It has been fully gutted and was previously arranged as seven apartments. Both buildings are positioned for renovation, with public water and public sewer serving the property. The parcel is zoned NPC, includes a basement, and dates to 1900.
Key Highlights
- Two buildings located on one parcel
- 1,144 square feet of finished commercial space at 2312 Forest Avenue
- Upper level contains two 2‑bedroom apartments taken down to the studs
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
Explore this area
Business Placement
Demographics for 50311, IA
14,782
Population
7,180
Households
2.1
Avg Household Size
30
Median Age
41%
College-Educated
94%
High-School Grad
2.6 sq mi
ZIP Area
5,685
Density / Sq Mi
$63,233
Median Household Income
$35,086
Median Earnings
$1,019
Median Rent
$228,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two structures combine commercial space with apartments and a former seven-unit residential configuration.
Where is this mixed-use property located?
The property is located at 2312 Forest Avenue Des Moines, IA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two buildings located on one parcel; 1,144 square feet of finished commercial space at 2312 Forest Avenue; Upper level contains two 2‑bedroom apartments taken down to the studs
