2901 Rutland Avenue Des Moines, IA 50311

Multi-Family (2-4 Units) MLS #: 708025 Courtesy Of RE/MAX Concepts

$990,000

13 beds | 18 baths | 7,932 sq ft
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Est. Property Tax: $11,036
Estimated monthly payments: $5,247/mo.* (recalculate)

Property InformationDescription

Large and well maintained 11 plex near Drake University and downtown with a mix of 9 1 bedroom units and 2 two bedroom units. This property is on a great street and has all of the maintenance items already taken care of for its next owner. There is a new in 2011 40+ mill rubber roof with a lifetime warranty and the sloped roofs were replaced in 2015 and 2016 respectively. HVAC has all been updated to meet shared air requirements with boiler, gas forced air, and electric baseboard heat through out. Tenant owned window units in #1-#9 and newer window units owned by seller in #10-11. Various updates throughout the units from windows and flooring to updated kitchens throughout. There is also a coin operated laundry and lots of storage in the basement allowing for further income potential. Open area behind the property is as big as a city lot and was initially approved for parking lot addition. Potential grant money available for investors via InvestDSM. Check this one out today!

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Brick
  • Lot Size: 0.47 Acres

MAP & DIRECTIONS

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2901 Rutland Avenue, Des Moines, IA 50311
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School Information

2901 Rutland Avenue, Des Moines, IA 50311

Elementary School
Grades KG-5 | Public School
HUBBELL ELEMENTARY SCHOOL
Des Moines, IA 50312
800 42nd St
515.­242.8414
Distance: 1.0 mi
School Rating
D
Student:Teacher Ratio
16:1
Total Students
420
Middle School
Grades 6-8 | Public School
CALLANAN MIDDLE SCHOOL
Des Moines, IA 50312
3010 Center St
515.­242.8101
Distance: 0.5 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
600
High School
Grades 9-12 | Public School
ROOSEVELT HIGH SCHOOL
Des Moines, IA 50312
4419 Center St
515.­242.7272
Distance: 1.2 mi
School Rating
D+
Student:Teacher Ratio
30:1
Total Students
2086
Other Nearby Schools Distance Type Grades School Rating
Ruby Van Meter 0.5 mi Public KG-12
King Elementary School 0.9 mi Public KG-5 D
Edmunds Elementary School 1.0 mi Public KG-5 D-
Monroe Elementary School 1.1 mi Public KG-5 F
Greenwood Elementary School 1.2 mi Public KG-5 C
The Downtown School 1.2 mi Public KG-5 C+
Perkins Elementary School 1.2 mi Public KG-5 D+
St Augustin Catholic School 1.4 mi Private PK-8
Moulton Elementary School 1.7 mi Public EE-5 D+
Walnut Street Elementary School 1.7 mi Public EE-5 D+
Holy Trinity 1.9 mi Private PK-8
Bergman Academy 1.9 mi Private PK-8
Merrill Middle School 1.9 mi Public 6-8 C-
St Theresa Catholic School 2.2 mi Private PK-8
Windsor Elementary School 2.2 mi Public KG-5 C
Mt Olive Lutheran School 2.2 mi Private PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Des Moines, IA 50311

Median Age: 32.9
Married: 30%
Number of Households: 5,850
Households with Children: 24.5%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.