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0 Beds
0 Baths
7,238 sqft

$200,000

2312 Forest Avenue, Des Moines IA, 50311

Price per sqft$27.63
Built in1900
Property size7,238 sqft
Property typeMulti-family

Overview

Active

Listed Sep 18, 2026

Updated 2 weeks ago

Investors! Looking for your next project? This unique parcel features two properties with significant renovation and investment potential. 2312 Forest Ave is a block commercial building offering approximately 1,144 sq. ft. of finished space, ideal for a retail storefront, office, or other commercial use. The upper level includes two 2-bedroom apartments, both taken down to the studs and ready for a complete remodel. 1370 23rd St. is a historic Victorian home that has been fully gutted and is ready for renovation. With approximately 4,124 sq. ft., the property was previously configured as seven apartments, offering the potential for a substantial redevelopment opportunity. With both properties already opened up for renovation, this parcel presents an opportunity for investors looking to rehab, reposition, and add value. Value-Add Investment Opportunity — Two Properties on One Parcel. Permits ready to be pulled.

$1,331/mo

Est. mortgage payment based on a $200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
749583

Interior Features

Bedrooms
0
Bathrooms
0
Basement
Yes

Exterior Features

Lot Size
0.26 Acres

Other Property Details

Taxes
$3,336
Tax Frequency
Annually

 

Courtesy of EXIT Realty & Associates, Timothy Schutte,
Listing Contact: (515) 253-3948 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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