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3432 Forest Avenue, 
Des Moines, IA 50311

$1,000,000


30

Beds


15

Baths


14,784

Sq Ft


Multi-Family

Sold

Listed by

Stephanie Thomas

Bought with RE/MAX Concepts

RE/MAX Concepts

515-276-2872

MLS#

676312

Source:

IA DMAAR

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About This Home

3432 Forest Avenue

Forest Oaks Apartment complex! Rare apartment building investment opportunity in the Des Moines northwest metro area!  All 15 apartments feature full kitchens, two bedrooms and 1.5 bathrooms. 7 detached garages that rent at $100 each per month. All units individually metered for water, gas, and electric.  All units have their own gas forced air and central air units. Landlord pays insurance and exterior maintenance. Each unit rent between $825 and $900 per month. Mostly brick exterior for low maintenance. Coin operated laundry on site. Located just ten minutes west of downtown.

Home Facts

Multi-Family

15 Baths

30 Bedrooms

Built in 1968

Price Summary

1,400,000

$94 per Sq. Ft.

MLS #:

676312

Sold:

November 1, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

30

Bathrooms

Total Bathrooms:

15

Full Bathrooms:

15

Interior

Living Area:

14,784 Sq. Ft.


Structure

Structure

Architectural Style:

Three Story

Year Built:

1968


Lot

Lot Size (Sq. Ft):

27,704


Finances & Disclosures

Finances

Price:

$1,400,000

Price per Sq. Ft:

$94 per Sq. Ft.

Source:IA DMAAR
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