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717 Franklin Avenue, Des Moines, IA 50314

Polk County

Key Facts

11Beds
6Baths
4,233Sq Ft
1901Year Built
0.30Lot (acres)
2Stories

Description

This 6-unit multi-family property is income-producing. All units are rented and monthly rents total $3850/mo. Room for rent increases. Large basement for landlord storage. Huge parking lot. See agent notes for link to proforma info.

Property Information

Property Type

Residential Income

Style

Two Story

Year Built

1901

Stories

2

Living Area

4,233 sq ft

Lot Size

0.30 acres

Lot Dimensions

100X132

Zoning

R1-60

Days on Market

179

MLS® Listing#

727975

Property Features

Appliances

CooktopRefrigerator

Cooling

None

Heating

Natural GasForced Air

Flooring

CarpetHardwood

Basement

Unfinished

Construction

Stucco

Roof

AsphaltShingle

Security

Smoke Detector(s)

Utilities

Electricity AvailableNatural Gas AvailableWater Available

Sewer

Public Sewer

Water Source

Public

Financial Details

HOA

None

Annual Taxes

$3,077

Parcel Number

08007891001000

Directions

University to 6th Ave, North on 6th Ave to Franklin Ave, West on Franklin to property

Affordability Calculator

$53,800

Estimated monthly payment

$1,432/mo

Principal $215,200 · Est. interest $300,223 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Des Moines, IA

$294,567
Median Listing Price
57
Median Days on Market
1,410
Median Sq Ft
$203
Median Price / Sq Ft
1,324
Active Listings
  • This home’s price is 9% below the area median.
  • Its price per sq ft is 69% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Des Moines, IA.

Location

Map showing the location of 717 Franklin Avenue, Des Moines, IA 50314

Points of Interest in Des Moines, IA

Showing the Des Moines area map.

Nearby Schools

  • Moulton Elementary School

    Elementary · 0.3 mi away

  • North High School

    Secondary · 0.5 mi away

  • Casady Alternative Center

    School · 0.5 mi away

  • Jessie Franklin Taylor

    School · 0.5 mi away

  • Martin Luther King Academy

    School · 0.9 mi away

  • King Elementary School

    Elementary · 0.9 mi away

  • Findley Elementary School

    Elementary · 1.0 mi away

  • School of Mary - Montessori

    Elementary · 1.1 mi away

  • Oak Academy

    School · 1.2 mi away

  • Carver Elementary

    Elementary · 1.2 mi away

  • Harding Middle School

    Secondary · 1.3 mi away

  • Edmunds Elementary School

    Elementary · 1.3 mi away

  • Holy Family School

    Secondary · 1.3 mi away

  • Des Moines Public Schools

    Elementary · 1.5 mi away

  • Cattell Elementary School

    Elementary · 1.5 mi away

  • Escuelas Católicas, diócesis de des Moines

    School · 1.6 mi away

  • Jewels Academy

    School · 1.6 mi away

  • Monroe Elementary School

    Elementary · 1.6 mi away

  • Hiatt Middle School

    Secondary · 1.6 mi away

  • East High School

    Secondary · 1.7 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
1439 Henderson Avenue, Des Moines, IA$339,9001053,510

Moving Cost Estimate

EXIT Agents in Des Moines

Listing Courtesy: Keller Williams Ankeny Metro - (515) 965-9100

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by DesMoinesAreaAssociationOfRealtors. MLS® Listing#727975. © 2026EXIT Realty®. All rights reserved.