Des Moines, IA 50311 2419 Cottage Grove Avenue
$675,000
Pending
5 more
Presented By: EXP Realty, LLC
Home Details
Introducing The Cutler Apartments, a historic gem located just blocks from Drake University, Downtown,
and Interstate 235, offering unparalleled convenience for residents.
This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy
2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space.
Great for work-from-home office.
The month-to-month tenancy allows for a seamless transition, and the current low rents present an
opportunity for increased income. The property features coin-op laundry for extra revenue and untapped
storage space that could generate additional income. Tenants pay for their electricity, while the owner
covers common areas, heat, and water. With ample parking and easy commuting, this property is an
attractive choice for tenants.
Whether it's the proximity to key locations, the spacious units, or the potential for increased income, The
Cutler presents a unique opportunity for multifamily/low-rise/garden investors seeking a blend of historical
charm and financial potential.
Presented By: EXP Realty, LLC
Interior Features for 2419 Cottage Grove Avenue
Bedrooms
Total Bedrooms14
Bathrooms
3/4 Baths0
Half Baths
Total Baths8
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area2000.0
Electric On Property Y/NYes
Fireplace Y/NNo
Furnished Y/NUnfurnished
Heating Y/NYes
General for 2419 Cottage Grove Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityDes Moines
Community FeaturesLaundryFacilities
Construction MaterialsBrick, SeeRemarks
CoolingWindowUnits
CountyPolk
Days on Market32
DirectionsCottege Grove Ave and 25th St
Elementary School DistrictDes Moines Independent
Full Baths8
Garage Y/NNo
Gross Income103100.0
HeatingElectric, HotWater, NaturalGas
High School DistrictDes Moines Independent
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionW 84.15F ON N LN LT 156 SD LTS 2 & 4 OP NW 1/4 SEC 5-78-24
Lot Size Square Feet6464.0
Lot Size UnitsAcres
MLS AreaDes Moines West
Middle/Junior School DistrictDes Moines Independent
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Operating Expense37958.0
OwnerPaysElectricity, Gas, Water
PostalCityDes Moines
Private PoolNo
Property Attached Y/NNo
Property SubTypeApartment
Property TypeMultiFamily
Rent Control Y/NNo
RoofRubber
Senior Community Y/NNo
SewerPublicSewer
Standard StatusPending
StatusPending
Structure TypeApartment, MultiFamily
Tax Annual Amount9640.0
Tenant PaysElectricity, Gas
TermsCash, Conventional, FHA
UtilitiesElectricityAvailable, NaturalGasAvailable, WaterAvailable
View Y/NNo
Waterfront Y/NNo
Year Built1910
ZoningR-3
Exterior for 2419 Cottage Grove Avenue
Building Area Total8631.0
Crops Included Y/NNo
Foundation DetailsBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.148
Lot Size Area0.148
Open Parking Y/NNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic
Additional Details
Price History
Rachel Tiskevics
Realtor®