Mixed-Use Property with Two
For Sale
$150,000
2312 Forest Avenue, Des Moines, IA 50311
MultiFamily, Des Moines, IA
Property Size7,238 SF
Lot Size0.26 Acres
Price / SF$20.72
Days on Market47
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
Buildings
2
Listing Agency:
EXIT Realty & Associates
(515) 253-3948
Listed By:
Timothy Schutte
(515) 991-4204
Added: Sep 18
Changed: Nov 2
Last Checked: Nov 3 at 11:06PM
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.
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Investment Insights
Based on property information with market context.
This mixed-use parcel contains two buildings with distinct commercial and residential components. At 2312 Forest Avenue, the block-style commercial building provides approximately 1,144 square feet of finished space, while the upper floor contains two two-bedroom apartments that have been opened to the studs for remodeling. The property also includes a basement, tile flooring, frame construction, and public water and sewer.
The second structure, at 1370 23rd Street, is a historic Victorian residence measuring approximately 4,124 square feet. It has been gutted for renovation and was previously arranged as seven apartments. Together, the buildings total 7,238 square feet on 0.26 acres and are located in the NPC zoning district. Both structures are situated on one parcel, with permits ready to be pulled.
The second structure, at 1370 23rd Street, is a historic Victorian residence measuring approximately 4,124 square feet. It has been gutted for renovation and was previously arranged as seven apartments. Together, the buildings total 7,238 square feet on 0.26 acres and are located in the NPC zoning district. Both structures are situated on one parcel, with permits ready to be pulled.
Key Highlights
- Two buildings on one parcel totaling 7,238 Square Feet
- 2312 Forest Avenue includes approximately 1,144 sq. ft. of finished commercial space
- Upper level includes two 2‑bedroom apartments opened to the studs
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two structures combine commercial space with residential redevelopment areas.
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 $150,000.
What are key features of this property?
This property features: Two buildings on one parcel totaling 7,238 Square Feet; 2312 Forest Avenue includes approximately 1,144 sq. ft. of finished commercial space; Upper level includes two 2‑bedroom apartments opened to the studs
