3101 Cottage Grove Avenue Active Save Request In-Person Tour Request Virtual Tour
Des Moines,IA 50311
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,067 sqft
Price per Sqft $81
MLS Listing ID 725841
Style Three Story
Bedrooms 4
Full Baths 7
Year Built 1910
Annual Tax Amount $4,812
Lot Size 9,801 Sqft
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
Interior
Heating Forced Air,Gas,Natural Gas
Cooling None
Exterior
Roof Type Asphalt,Shingle
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
Monthly Total Fees $401
Acceptable Financing Cash,Contract
Listing Terms Cash,Contract