2915 Cottage Grove AvenueDes Moines, IA 50311

Multi-Family · 6 Beds · 4 Full Baths · 2,838 Sq. ft. | 0.18 Acres
$240,000 Active

2915 Cottage Grove Avenue Overview

Time on Site:
32 days
Visits:
25

$2975/mo rent on this classic two-story 4plex multifamily. Inside, you'll find 4 fully independent units, each with its own separate electric meters turnkey rental appeal to investors or owner-occupied househacker. New gutters and roof in the last few years! Two units feature 1 bedroom and 1 bath with updated kitchens and gleaming hardwood floors that give each space a warm, inviting feel. The other two units are 2 bedrooms, a flexible den perfect for a home office, and 1 bath — offering premium rental appeal. Natural light flows through each unit beautifully, and upstairs tenants enjoy stepping out onto a private deck overlooking the neighborhood. Situated near Drake University, major medical centers, schools, shopping, dining, and convenient metro commuter routes, this property falls within the InvestDSM revitalization zone — supporting long-term, mid-term, or short-term rental strategies. Separate utility meters keep expenses clean and predictable. An income-producing property with timeless character in a high-demand Des Moines location.

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2915 Cottage Grove Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,838
  • Price/Sq.ft. $85
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Des Moines Independent

Building Information

  • Year Built: 1888

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: Des Moines West
  • Postal City: Des Moines

Rent/Lease Information

  • Lease Considered: false
  • Tenant Pays: Electricity,Gas

Tax Information

  • Tax Annual Amount: 4731.11

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 09003683000000
  • Property Type: Multi Family
  • Zoning: R1-60

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Total: 2838.0

General Information

  • Flooring: Tile
  • Levels: Two
  • Living Area: 2838.0
  • Stories: 2

Exterior

Lot Information

  • Lot Size Acres: 0.183
  • Lot Size Area: 0.183
  • Lot Size Dimensions: 60X133
  • Lot Size Square Feet: 7980.0
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Two Story

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Water Available

2915 Cottage Grove Avenue Neighborhood

Community

50311 (Des Moines) Demographics

29
Median Age
6,344
Population Density (per sq. mile)
52%
College Educated
$55,066
Estimated Median Income
3,085
Estimated Total Home Owners
2,994
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2915 Cottage Grove Avenue Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2915 Cottage Grove Avenue Market Data

Based on the last 30 days in this zip code

$264,849
Average List Price
$181
Average Price per Square Foot
27
Properties Sold
131
Average Days on Market
93
Properties for Sale
Calculations provided by Reliance Network

2915 Cottage Grove Avenue History

Date Event Value Agent
5/28/2026Source: Des Moines Area Added to Database
May 28, 2026
Listing provided courtesy of Keller Williams Realty GDM- MLS# 741730MLS ProviderContact Information: (641) 745-0156