Six-Unit Apartment
For Sale
$269,000
717 Franklin Avenue, Des Moines, IA 50314
MultiFamily, Des Moines, IA
Property Size4,233 SF
Lot Size0.30 Acres
Price / SF$63.55
Days on Market327
Property Features for 717 Franklin Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1-60
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 1, Bathroom 5, Bedroom 9, Bathroom 2, Bedroom 10, Basement, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 6, Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 11, Bathroom 1, Bedroom 3, Bedroom 8
Interior features
WindowTreatments
Appliances
Refrigerator, Stove
Elementary school district
Des Moines Independent
Middle school district
Des Moines Independent
High school district
Des Moines Independent
Directions
University to 6th Ave, North on 6th Ave to Franklin Ave, West on Franklin to property
Subdivision
Des Moines N.West
Standard status
Active
APN
08007891001000
Size
4,233 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Description
LOTS 20 & 21 OP GOV LOT 2 SEC 34-79-24
Tax Annual Amount
3077
Legal Description
LOTS 20 & 21 OP GOV LOT 2 SEC 34-79-24
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1901
Floors in Building
2
Number of units
6
Flooring type
Hardwood, Tile, Carpet
Building materials
Stucco
Roof type
Asphalt, Shingle
Architectural style
Other
Listing Agency:
Keller Williams Ankeny Metro · Keller Williams Realty
(515) 965-9100
Listed By:
Abby Hausmann-Virgil
(515) 965-9100
Added: Oct 10, 2025
Changed: Aug 19
Last Checked: Sep 1 at 5:06AM
MLS# 727975
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 six-unit apartment property contains 4,233 square feet on a 0.303-acre lot and was built in 1901. All units are currently rented. The building includes a basement designated for landlord storage, along with refrigerators and stoves. Interior finishes include hardwood, tile, and carpet flooring, while heating is provided by natural gas forced air. Stucco construction is paired with an asphalt shingle roof.
The property is located at 717 Franklin Avenue in Des Moines, Iowa, with public water and public sewer service. R1-60 zoning applies to the site. A large on-site parking lot serves the building, providing a practical amenity for the six-unit configuration.
The property is located at 717 Franklin Avenue in Des Moines, Iowa, with public water and public sewer service. R1-60 zoning applies to the site. A large on-site parking lot serves the building, providing a practical amenity for the six-unit configuration.
Key Highlights
- Six apartment units, all currently rented
- 4,233 square feet on a 0.303‑acre lot
- R1‑60 zoning
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
Explore this area
Business Placement
Demographics for 50314, IA
11,764
Population
4,780
Households
2.5
Avg Household Size
31
Median Age
15%
College-Educated
72%
High-School Grad
2.5 sq mi
ZIP Area
4,706
Density / Sq Mi
$38,511
Median Household Income
$30,314
Median Earnings
$977
Median Rent
$146,700
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 - Fully leased multifamily property with basement storage and a substantial on-site parking area.
Where is this apartment building located?
The property is located at 717 Franklin Avenue Des Moines, IA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Six apartment units, all currently rented; 4,233 square feet on a 0.303‑acre lot; R1‑60 zoning
