IA > Des Moines
Des Moines, IA 50311,3101 Cottage Grove Avenue
Des Moines, IA 50311,3101 Cottage Grove Avenue
Des Moines, IA 50311,3101 Cottage Grove Avenue
Des Moines, IA 50311,3101 Cottage Grove Avenue
Des Moines, IA 50311,3101 Cottage Grove Avenue
Des Moines, IA 50311,3101 Cottage Grove Avenue
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Jim Hibbs

Jim Hibbs

+1(515) 218-5757
$ 275,000
Est. payment | /mo

4 Beds

7 Baths

3,067 SqFt

Save
$ 275,000
Est. payment | /mo
Save

4 Beds

7 Baths

3,067 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,067 sqft

Price per Sqft $89

MLS Listing ID 725841

Style Three Story

Bedrooms 4

Full Baths 7

HOA Y/N No

Year Built 1910

Annual Tax Amount $4,812

Lot Size 9,801 Sqft

Acres 0.225

Property Description

Steps from Drake University and surrounded by ongoing neighborhood revitalization, 3101 Cottage Grove is primed for transformation. Currently a 7 unit building, it shines brightest as a candidate for conversion back to a stately single family home. The property sits within an InvestDSM program area making it eligible for grants, reimbursements, and low interest rehab loans plus NFC Advantage Lending benefits that can offset renovation costs. Historic homes nearby have already seen significant value growth, fueled by preservation efforts and new local businesses. City code upgrades for electrical and HVAC are required for continued multifamily use, but those same improvements can anchor a top tier single family redesign. Bring your vision and capture this rare location plus funding opportunity. Property sold as is; buyer to verify all incentives and requirements.

Location

State IA

County Polk

Area Des Moines West

Zoning Z

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas, Natural Gas

Cooling None

Furnishings Unfurnished

Fireplace No

Exterior

Roof Type Asphalt,Shingle

Private Pool No

Building

Entry Level Three Or More

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Des Moines Independent

Others

Tax ID 09004636020000

Monthly Total Fees $401

Acceptable Financing Cash, Conventional, Contract

Listing Terms Cash, Conventional, Contract

©2025 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by LPT Realty, LLC
Jim Hibbs
Jim Hibbs

Broker | License ID: B64604000

+1(515) 218-5757 | jimhibbs99@gmail.com

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3101 Cottage Grove Avenue