1503 Forest Avenue Des Moines, IA 50314

Multi-Family (2-4 Units) MLS #: 713188 Courtesy Of RE/MAX Concepts

$155,000

3 beds | 2 baths | 1,676 sq ft
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Est. Property Tax: $1,725
Estimated monthly payments: $821/mo.* (recalculate)

Property InformationDescription

This duplex at 1503 Forest Ave, Des Moines offers two rental units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit; perfect for investors looking for steady rental income. It comes with a current rental certificate and has been upgraded through the City of Des Moines Weatherization Program, improving energy efficiency. Additional highlights include a brand-NEW furnaces one for each unit (2024) and a PRIME location near parks, walking distance to King Elementary School, and amenities. Don't miss out on this WELL -MAINTAINED investment property with great rental potential!
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Lot Size: 0.15 Acres
  • Roof Type: Asphalt

MAP & DIRECTIONS

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1503 Forest Avenue, Des Moines, IA 50314
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School Information

1503 Forest Avenue, Des Moines, IA 50314

Elementary School
Grades KG-5 | Public School
KING ELEMENTARY SCHOOL
Des Moines, IA 50314
1849 Forest Ave
515.­242.8417
Distance: 0.2 mi
School Rating
D
Student:Teacher Ratio
11:1
Total Students
265
Middle School
Grades 6-8 | Public School
CALLANAN MIDDLE SCHOOL
Des Moines, IA 50312
3010 Center St
515.­242.8101
Distance: 1.4 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: 2.3 mi
School Rating
D+
Student:Teacher Ratio
30:1
Total Students
2086
Other Nearby Schools Distance Type Grades School Rating
Moulton Elementary School 0.6 mi Public EE-5 D+
Edmunds Elementary School 0.7 mi Public KG-5 D-
North High School 1.2 mi Public 9-12 D
Monroe Elementary School 1.3 mi Public KG-5 F
Ruby Van Meter 1.4 mi Public KG-12
Walnut Street Elementary School 1.4 mi Public EE-5 D+
Carver Elementary School 1.4 mi Public KG-5 F
The Downtown School 1.4 mi Public KG-5 C+
Holy Family School 1.6 mi Private KG-8
Findley Elementary School 1.7 mi Public KG-5 C-
Harding Middle School 1.9 mi Public 6-8 F
East High School 2.0 mi Public 9-12 D
Hiatt Middle School 2.0 mi Public 6-8 F
Oak Park Elementary School 2.0 mi Public KG-5 D
Perkins Elementary School 2.0 mi Public KG-5 D+
Hubbell Elementary School 2.1 mi Public KG-5 D
Greenwood Elementary School 2.2 mi Public KG-5 C
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 50314

Median Age: 31.5
Married: 27%
Number of Households: 4,701
Households with Children: 34.4%
  • 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 © 2025 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.