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2305 Drake Park Ave
C- Composite 51.43
Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +15.5/30.0
  • ARV discount +15.0/15.0
  • DSCR +4.8/10.0
  • 1% rule +4.1/10.0
  • Livability +4.0/5.0
  • Schools +3.8/10.0
  • Condition / age +2.5/5.0
  • Rent growth +1.8/5.0
  • Appreciation +0.0/10.0

$150,000

2305 Drake Park Ave · Des Moines, IA 50311
3 bd · 1.5 ba · 1,356 sqft · SingleFamily public records · 192 Days on market
Built 1883 3,320 sqft lot $111/sqft · 28% below area Est $209k · 28% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

Key facts

  • Formal dining room
  • Newer roof
  • Updated flooring

Tags

UPDATED FLOORINGFORMAL DINING ROOMNEWER ROOFREPLACED CENTRAL AIR SYSTEM

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath single-family listed at $150k.

Deal economics

  • At list price, monthly cash flow is $59 ($710/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $136k (9.4% below list).
  • Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
  • Cap rate 6.8% vs local median 3.1% in Des Moines — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 81/100 on livability (#63 in IA, #1,432 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, schools D+, crime F.
  • Des Moines Independent Community School District (urban): math 43% / reading 46% proficiency, ranked #289 of 289 in IA (top 100%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents soft (-2.7%/yr); 122 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,953 units permitted in Polk County in 2024 (540 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Polk County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 192 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $35k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1883 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $132,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 192 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1883 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.91%
Cap rate
6.77%
Cash-on-cash
1.69%
DSCR
1.08
GRM
9.2

CMA / ARV

ARV (median comp)
$208,968
List price
$150,000
Delta
-28.22%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2305 Drake Park Ave 0.00mi 4/1.5 (+1) 1,356 (0%) 0mo $150,000 $111 95
1010 24th St 0.20mi 3/2.5 1,354 (-0%) 2mo $345,000 $255 85
1144 27th St 0.27mi 3/2.0 1,408 (+4%) 1mo $120,000 $85 79
2830 Rutland Ave 0.39mi 3/1.5 1,392 (+3%) 1mo $333,000 $239 77
1502 17th St 0.68mi 3/1.0 1,352 (-0%) 0mo $90,025 $67 66
1006 26th St 0.28mi 3/1.5 1,158 (-15%) 1mo $217,000 $187 62
2517 Woodland Ave 0.72mi 4/1.5 (+1) 1,361 (+0%) 1mo $250,000 $184 60
1559 23rd St 0.64mi 3/1.0 1,223 (-10%) 1mo $167,500 $137 51
683 25th St 0.63mi 3/2.0 1,507 (+11%) 2mo $315,000 $209 48
1526 Harrison Ave 0.68mi 4/2.0 (+1) 1,456 (+7%) 2mo $230,000 $158 47
1534 18th St 0.70mi 4/2.5 (+1) 1,440 (+6%) 2mo $200,000 $139 46
683 27th St 0.64mi 3/2.0 1,154 (-15%) 1mo $220,000 $191 42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-17.0%
Equity multiple
0.42×
Total profit
$-24,511
Equity at exit
$22,365
10-year hold
IRR
-15.5%
Equity multiple
0.24×
Total profit
$-31,851
Equity at exit
$12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
83 Strongly Landlord-Friendly
State Iowa
83 Strongly Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; mostly landlord-friendly statewide.

ZIP-level market 50311

Rents YoY
-2.7%
Active inventory
122
Price-to-rent
9.2×

Monthly cashflow live

Estimated rent
$1,359 high interval (Pro) →
Mortgage (P&I)
$787
Tax from tax record
$165 /mo · $1,982/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$285
Net cashflow
$59

Break-even live

Break-even rent $1,284
Max offer price $150,000
Occupancy floor 91%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$37,500
Closing costs
$4,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 37 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2530 University Ave Des Moines, IA 2.0 1.0 647 $1,750 $2.70 14d 36 0.20mi
1171 21st St Unit 1 Des Moines, IA 2.0 1.0 1028 $1,150 $1.12 43d 1 0.26mi
1171 21st St Unit 2 Des Moines, IA 4.0 1.0 1210 $1,300 $1.07 43d 1 0.26mi
2813 Cottage Grove Ave Unit 2 Des Moines, IA 3.0 1.0 900 $1,200 $1.33 43d 1 0.36mi
1717 Olive Ave Unit B6 Des Moines, IA 2.0 2.0 1092 $1,700 $1.56 43d 1 0.50mi
2940 Brattleboro Ave Unit 2 Des Moines, IA 3.0 2.0 1250 $1,300 $1.04 14d 1 0.52mi
737 28th St Des Moines, IA 3.0 2.0 1037 $1,800 $1.74 43d 1 0.53mi
2717 Meek Ave Des Moines, IA 2.0 2.0 1128 $1,550 $1.37 14d 1 0.71mi
3103 Forest Ave Des Moines, IA 1.0–2.0 1.0–1.5 900 $1,550 $1.72 14d 1 0.72mi
3005 Woodland Ave Unit 36 Des Moines, IA 2.0 1.0 1080 $1,030 $0.95 21d 1 0.74mi
1821 Woodland Ave Des Moines, IA 2.0 2.0 1200 $1,472 $1.23 43d 2 0.75mi
1637 23rd St Des Moines, IA 4.0 2.0 1743 $1,595 $0.92 43d 1 0.76mi
3201 Forest Ave Des Moines, IA 3.0 1.0–2.0 717 $1,600 $2.23 14d 16 0.76mi
641 19th St Unit WP 5 Des Moines, IA 2.0 2.0 1200 $1,395 $1.16 43d 1 0.76mi
641 19th St Unit WP 1 Des Moines, IA 2.0 2.0 1200 $1,550 $1.29 43d 1 0.76mi
1714 College Ave Des Moines, IA 3.0 1.0 1015 $1,050 $1.03 43d 1 0.78mi
2301 Ingersoll Ave Des Moines, IA 2.0 1.0–2.0 784 $1,815 $2.32 14d 14 0.81mi
1260 34th St Unit 401 Des Moines, IA 3.0 2.0 1088 $1,335 $1.23 43d 1 0.82mi
1345 Keosauqua Way Des Moines, IA 2.0 2.5 1550 $2,045 $1.32 43d 1 0.84mi
3519 University Ave Apt 103 Des Moines, IA 2.0 1.0 900 $915 $1.02 23d 1 0.84mi
1314 Harrison Ave Des Moines, IA 3.0 1.0 1150 $1,195 $1.04 23d 1 0.85mi
2714 Ingersoll Ave Des Moines, IA 1.0–2.0 1.0 750 $1,085 $1.45 43d 1 0.91mi
707 35th St Des Moines, IA 3.0 1.0 1546 $1,995 $1.29 14d 1 0.94mi
1546 33rd St Des Moines, IA 4.0 2.0 1540 $1,850 $1.20 14d 1 0.95mi
641 35th St Unit 11 Des Moines, IA 2.0 1.5 1000 $1,030 $1.03 43d 1 1.01mi
1440 Locust St Des Moines, IA 2.0 1.0 957 $1,385 $1.45 14d 1 1.16mi
544 36th St Unit 2 Des Moines, IA 2.0 1.0 1152 $1,500 $1.30 43d 1 1.20mi
2002 34th St Des Moines, IA 2.0 1.0 897 $1,350 $1.51 21d 1 1.26mi
2501 24th St Unit 121 Des Moines, IA 3.0 2.0 950 $995 $1.05 23d 1 1.27mi
2501 24th St Apt 107 Des Moines, IA 3.0 2.0 950 $1,045 $1.10 14d 1 1.27mi
2501 24th St Des Moines, IA 2.0 1.0 910 $795 $0.87 23d 1 1.27mi
2501 24th St Apt 106 Des Moines, IA 4.0 2.0 1175 $1,245 $1.06 43d 1 1.27mi
9066 Burkwood Dr West Des Moines, IA 3.0 2.5–3.5 1783 $1,960 $1.10 23d 2 1.31mi
3927 Ingersoll Ave Des Moines, IA 2.0 1.0 1050 $1,195 $1.14 43d 1 1.38mi
4000 Ingersoll Ave Des Moines, IA 3.0 1.0–2.0 1263 $5,511 $4.36 14d 1 1.43mi
405 6th Ave Des Moines, IA 2.0 1.0–2.0 737 $1,200 $1.63 14d 14 1.46mi
604 Locust St Des Moines, IA 1.0–2.0 1.0–2.0 902 $1,743 $1.93 14d 5 1.47mi

Listing history 13 events

  1. 2026-05-18
    status Pending 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  2. 2026-04-30
    status Active 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  3. 2026-04-22
    status Pending 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  4. 2026-03-23
    status Active 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  5. 2026-03-06
    status Pending 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  6. 2026-03-02
    price $150,000 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  7. 2026-01-27
    price $160,000 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  8. 2025-12-30
    price $170,000 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  9. 2025-12-04
    price $175,000 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  10. 2025-11-10
    price $180,000 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  11. 2025-10-13
    listed $185,000 Active 682-char remark
    Show marketing remark (682 chars)

    Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.

  12. 2023-12-05
    soldstatus $215,000
  13. 2019-07-01
    soldstatus $77,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IA · Partial reset (capped growth)

Current annual tax
$1,982 · $165/mo
Projected year-2 tax
$2,168 · $181/mo
Expected delta
+$186/yr (+$16/mo · 9.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,306
− Mortgage interest
−$8,402
− Property taxes
−$1,982
− Insurance
−$750
− Repairs & maintenance
−$1,304
− Management
−$1,304
− Depreciation
−$4,364
Taxable loss
−$1,801
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$432
After-tax cash flow
$1,143/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Des Moines Independent Community School District
NCES district ID
1908970
Math proficiency
43% ▼ -6.00%
Reading proficiency
46% ▼ -1.00%
Median HH income
$45,905
Composite
37.83/100
National rank
#4331
State rank
#289 of 289 in IA

Livability — Des Moines

Score
81/100
State rank
#63
US rank
#1432

Category grades

Amenities B Commute A+ Cost of living A+ Crime F Employment C- Housing A+ Health & safety A+ User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Des Moines, IA
County
Polk County · 453,298 people
City population
203,612
Metro
Des Moines-West Des Moines, IA
Population (ZIP)
14,574
Household income
$61,957
Rent vs Own
51.6% rent · 48.4% own
Severe rent burden
762.0

Population outlook (Polk County) Hauer SSP2

Today (2025)
548,042 people
By 2030
588,557 · +7.4%
By 2040
670,629 · +22.4%
By 2050
752,830 · +37.4%
By 2075
955,069 · +74.3%
By 2100
1,115,436 · +103.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (69%)
Race & ethnicity
White 69% Black 14% Two or more races 9% Hispanic / Latino 8% Asian 3%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Portuguese 4% Iranian 2% Slovak 2%
Foreign-born
10% · Canada, Vietnam
Languages at home
88% English-only · Spanish 6% Vietnamese 1% Arabic 1%

Political lean MEDSL · Polk

2024 margin
D (+10.9) · D 54.8% · R 43.9% · Other 1.3%
2008→2024 swing
-3.7pp toward R · 2008: 14.6pp · 2024: 10.9pp
All cycles
2024: D+10.9 2020: D+15.2 2016: D+11.5 2012: D+14.2 2008: D+14.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -205.66%
Current HPI
261.0863
Rent YoY
▼ -2.69%
Metro
Des Moines-West Des Moines, IA
State GDP YoY
▲ 2.48%
F500 in state
4

Industry mix (Fortune 500 HQ in IA)

Industry F500 HQs Revenue

Price history

+93.5% since first listed
13 events — show timeline
  • 2026-05-18 Pending DMMLS
  • 2026-04-30 Relisted DMMLS
  • 2026-04-22 Pending DMMLS
  • 2026-03-23 Relisted DMMLS
  • 2026-03-06 Pending DMMLS
  • 2026-03-02 Price Changed $150,000 DMMLS
  • 2026-01-27 Price Changed $160,000 DMMLS
  • 2025-12-30 Price Changed $170,000 DMMLS
  • 2025-12-04 Price Changed $175,000 DMMLS
  • 2025-11-10 Price Changed $180,000 DMMLS
  • 2025-10-13 Listed $185,000 DMMLS
  • 2023-12-05 Sold (Public Records) $215,000 Public Records
  • 2019-07-01 Sold (Public Records) $77,500 Public Records

Property tax history

+5.8%/yr

Latest (2025): $1,982 · +2.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…