1655 Capitol Ave, Des Moines, IA, 50316

Location

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1655 Capitol Ave, Des Moines$70,000

Buyer Closing Credits

$831^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeResidential

ParkingDetached, Garage, Two Car Garage

Garage2 spaces

Year Built1903

CoolingWindow Unit(s)

BasementYes

MLS #707927

Lot Size0.28 Acres

StatusActive

About 1655 Capitol Ave

This property has incredible potential for the right buyer willing to take on a rehab project! Currently configured with 5 bedrooms, 2 baths, and 2 kitchens, it could easily be converted back into a duplex. With a spacious layout, separate entrances, and a large 2-car detached garage, it’s a versatile investment opportunity, whether for a multi-unit rental or for an owner-occupied setup with rental income from the second unit. A great chance to put your renovation skills to work and create a custom living space or income-generating property!

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1903
• Stories: 2
• Living Area: 1,978 SqFt

Listing Office:

• Office Name: Realty ONE Group Impact
• Office Phone: (515) 577-1941
• Listing Agent: Jeff Kinion

Interior Features

Interior Information:

• Appliances: Dryer, Microwave, Refrigerator, Stove, Washer
• Basement: Yes

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 5

Exterior Features

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: No
• Parking: Detached, Garage, Two Car Garage

Lot Features

Lot Information:

• Lot Size: 0.28 Acres

Utilities

Utilities Information:

• Cooling: Window Unit(s)

Other

Directions Information:

• Directions: From East Grand, go south on E 17th to Capitol ave. Home on the corner.

Price Information

Listing Price Info

Price Summary:

• List Price: $70,000
• Price Per SqFt: $35/SqFt

Tax Information:

• Annual Amount: $2,218
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Des Moines, IA.

Des Moines, IA

City

Med. Sold Price

$214.9K

Med. Price/SqFt

$190

Avg. Days On Market

32

# of Sold Homes

240

1655 Capitol Ave vs Des Moines

1 DAY ON ROCKET

-31 Days

$70,000

-$144.9K Less

$35/SqFt

-$156 Less

KEY TAKEAWAY

This property is $144.9K less than the Median Sold Price and $156/SqFt less than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: DMAAR
• MLS Number: #707927

Listing Office:

• Office Name: Realty ONE Group Impact
• Office Phone: (515) 577-1941
• Listing Agent: Jeff Kinion

The data relating to real estate for sale on this web site 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© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,218	$111,600
2020	$2,218	$97,700
2019	$1,892	$97,700
2018	$1,892	$83,200
2017	$1,780	$83,200

History based on county public records data.

Rocket Homes›Iowa›Polk County›Des Moines›50316›1655 Capitol Ave

This home is located at 1655 Capitol Ave in Des Moines, IA and zip code 50316 in the Capitol East neighborhood. This 1,978 square foot home, which was built in 1903, sits on a 0.28 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $70,000.

In October 2024 more than 39 listings in Des Moines, IA were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 139 were sold below. The number of homes for sale in Des Moines, IA increased by 6.9% between September 2024 and October 2024. Listings spent 32 days on the market in October 2024, and had a median list price of $214,985 during the same period.

From Rocket Homes Real Estate and based on county public records data.