Two-Story Quadplex with Private
For Sale
$230,000
2915 Cottage Grove Avenue Des, Des Moines, IA 50311
Four separately metered apartments offer a varied unit mix with updated kitchens and hardwood flooring.
Property SizeContact for details
Days on Market122
Property Features for 2915 Cottage Grove Avenue Des
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$35,700
Amenities
private deck
Forced Air
Gas
Electricity Available, Natural Gas Available, Water Available
Building Details
Year Built
1888
Stories
2
Listing Agency:
Greater Des Moines
Listed By:
Darson Grantham · License #S68402000
(515) 612-6013
Source:
Kw
Added: May 29
Changed: Sep 27
Last Checked: Sep 26 at 2:05PM
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 Greater Des Moines
Investment Insights
Based on property information with market context.
Built in 1888, this two-story quadplex contains four independent apartments with separate electric meters. The unit mix includes two one-bedroom, one-bath residences and two two-bedroom, one-bath residences, each with a den that can serve as home office space. Updated kitchens and hardwood floors add practical appeal, while forced-air and gas systems support the interiors. Upper-level residents have access to a private deck, and natural light is present throughout the units. The roof and gutters have been replaced in recent years.
The property is near Drake University, medical centers, schools, shopping, dining, and metro commuter routes. It is also within the InvestDSM revitalization zone. Separate utility metering provides distinct electric service for each apartment.
The property is near Drake University, medical centers, schools, shopping, dining, and metro commuter routes. It is also within the InvestDSM revitalization zone. Separate utility metering provides distinct electric service for each apartment.
Key Highlights
- Four independent units with two 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath apartments
- Separate electric meters for each unit
- Two‑story building constructed in 1888
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
593
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
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separately metered apartments offer a varied unit mix with updated kitchens and hardwood flooring.
Where is this quadplex located?
The property is located at 2915 Cottage Grove Avenue Des Des Moines, IA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Four independent units with two 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath apartments; Separate electric meters for each unit; Two‑story building constructed in 1888
