For SaleSingle Family Home

$260,000

1916 Craftsman with Original Woodwork and Hot Tub Deck

1052 36th Street, Des Moines, Iowa 50311, United States

Historic Drake charmer — fenced yard, detached 2-car garage, steps to campus

3

Beds

1.5

Baths

1,632

Sq Ft

1916

Built

0.16 acres

Lot

2-car detached

Garage

Historic 1916 Craftsman detailsTasteful modern updates throughoutTwo-level deck with hot tub nookFenced backyard ideal for families and petsDetached 2-car garage with workshopEstimated market value midpoint $260,000Strong rental demand from university proximity

About This Home

This is a Craftsman that shows the kind of careful stewardship you notice the moment you step onto the enclosed front porch. Built in 1916, 1052 36th Street preserves classic character—dark oak trim, plate rails in the dining room, an open staircase and beamed ceilings—while the owners have introduced thoughtful updates so the home lives comfortably for today. Original hardwoods run throughout the main living areas; French doors lead to a sun-filled solarium that adds flexible living space for a home office or reading nook.

The living room’s fireplace anchors convivial gatherings, and the dining room’s built-in details recall the home’s era without feeling dated. The kitchen and baths display tasteful modern updates that align with the home’s historic bones; central AC and forced-air gas heating make year-round comfort straightforward. Upstairs hosts three bedrooms and a well-placed half bath, while the unfinished basement offers utility and storage plus room for future expansion.

Outdoor living extends with a private, fenced backyard and a two-level deck that includes a tucked-in hot tub nook—an uncommon find in this neighborhood. The detached two-car garage provides secure parking and workshop space, and the level 0.16-acre lot leaves room for gardening or play. Practical systems include an asphalt shingle roof and municipal utilities; buyers should note recommended inspections for roof and HVAC condition and to verify any renovation permits.

Location is a defining feature. Set in Drake, this property sits roughly three blocks from Drake University and within easy walking distance of neighborhood amenities and green spaces. The street offers a strong blend of historic residences and ongoing community investment that supports steady appreciation. Whether you are a buyer seeking a primary residence with historic charm, a university-affiliated homeowner, or an investor looking at rental upside, this home balances period details and updated systems in one of Des Moines’ most walkable central neighborhoods.

Please confirm lot lines, permits, and any historic preservation guidelines during due diligence. Assessed value and recent comps support a market valuation in the $250,000 to $270,000 range, with a midpoint estimate of $260,000.

Property Features

Interior Features

  • Original hardwood floors
  • Dark oak woodwork and beamed ceilings
  • Open staircase and built-in plate rails
  • Fireplace in living room
  • French doors to solarium
  • 3 bedrooms, 1.5 baths
  • Central air conditioning and forced-air gas heating
  • Unfinished basement — storage and expansion potential

Exterior & Lot

  • Fenced backyard
  • Two-level deck with hot tub nook
  • Detached 2-car garage with workshop space
  • Level 0.16-acre lot (approximately 6,969 sq ft)
  • Enclosed front porch
  • Asphalt shingle roof

Location & Neighborhood

  • Drake University — 0.3 miles
  • Hubbell Elementary School — 0.6 miles
  • Callanan Middle School — 0.6 miles
  • Roosevelt High School — 0.7 miles
  • Waveland Golf Course — 1.2 miles
  • Des Moines city amenities and transit access

Walkability & Recreation

  • Walkability Rating: 65/100 — Some walkable amenities
  • Nearby parks and green spaces
  • Waveland Golf Course (1.2 miles)
  • Short walk to Drake University campus and events
  • Neighborhood streets for walking and biking
  • Community recreational opportunities near campus

Neighborhood

Drake is a walkable, campus-centered neighborhood where university energy and longstanding residential character converge. Tree-lined streets and a mix of early-20th-century homes anchor everyday life; nearby Drake University brings cultural events, athletic fixtures and steady demand for housing. Residents enjoy quick access to green space and recreational options like Waveland Golf Course, plus neighborhood shops and cafes a short walk away. The area has shown steady appreciation and attracts a blend of families, faculty, and professionals seeking central living with strong community ties.

Market Insights

Local market indicators point to a balanced-to-slight seller's market in the Drake neighborhood. Inventory sits around 2.5 months—below a typical neutral market—while average days on market run near 35 days, indicating homes priced competitively still move quickly. The neighborhood’s 1-year appreciation is modest at about 4.5%, and a five-year gain near 22% points to steady longer-term growth. Median sale price for the area is approximately $245,000, while comparable nearby craftsman sales in recent periods show a range extending up to the mid-$300,000s for larger, extensively updated homes. For single-family Craftsman homes like this one, demand is reinforced by proximity to Drake University and a mix of owner-occupiers and investor interest; rental demand for 3BR units is strong, with estimated market rent around $1,800–$2,000/mo and a modeled monthly rent near $1,900. Given low inventory and steady buyer interest, qualified sellers can expect favorable outcomes when pricing aligns with condition and upgrades; buyers should move decisively but preserve inspection contingencies to address possible aging infrastructure and permit verification.

Nearby Schools

Hubbell Elementary School

Elementary · 0.6 mi

5/10

Callanan Middle School

Middle · 0.6 mi

3/10

Roosevelt High School

High · 0.7 mi

4/10

Walkability & Recreation

65
Walkability
75
Recreation

Very good outdoor access with campus green spaces and nearby Waveland Golf Course (1.2 miles), neighborhood parks, and streets suited for walking and biking.

Property Overview

1052 36th Street is a 3-bedroom, 1.5-bathroom craftsman-style home built in 1916 with 1,632 SF of living space on a 0.16-acre lot in Des Moines' historic Drake neighborhood. The property features original hardwood floors, dark oak woodwork, beamed ceilings, and a spacious enclosed front porch, blending historic charm with modern updates.

The home includes a two-level deck with a hot tub nook, providing a private outdoor retreat. The detached 2-car garage offers additional workshop space, catering to various needs. The fenced backyard ensures privacy and security, making it ideal for families and pets.

From a valuation perspective, comparable sales in the Drake neighborhood suggest a current fair market value of $250,000–$270,000, with a midpoint estimate of $260,000 ($159/SF). The owners purchased in 2024 for $235,000, indicating approximately 10% appreciation over two years. The current assessed value of $234,500 appears below market, reflecting potential for further appreciation.

Drake is a vibrant neighborhood known for its proximity to Drake University, offering cultural and educational opportunities. The area has experienced steady appreciation due to ongoing community investments and its central location. The neighborhood's walkability and access to amenities make it attractive to a diverse range of buyers.

Overall, this property represents a solid investment in a historic neighborhood with a blend of original charm and modern conveniences. The proximity to Drake University and local amenities enhances its appeal. Key due diligence items include verifying the condition of the roof and HVAC systems, as well as confirming any historic preservation guidelines that may affect future modifications.

Investment Highlights

  • Original 1916 craftsman details with modern updates
  • Proximity to Drake University enhances rental potential
  • Fenced backyard with two-level deck and hot tub nook
  • Detached 2-car garage with additional workshop space
  • Steady neighborhood appreciation with ongoing investments

Key Findings

  • Assessed value $234,500 (land $59K, improvements $175.5K) — annual taxes $4,408
  • Zoned N5 — allows single-family residential and accessory dwelling units
  • 3 comparable sales within 0.5 miles in last 6 months range $245K–$275K
  • Average days on market in Drake neighborhood: 35 days
  • Proximity to Drake University (0.3 mi) offers cultural and educational opportunities

Things to Consider

  • Built in 1916 — potential for aging infrastructure requiring inspection
  • School ratings may influence family buyer interest
  • Historic features may require specialized maintenance
  • Roof and HVAC system ages unknown — recommend professional inspection

Opportunity Analysis

Well-maintained craftsman in historic Drake neighborhood with original features and modern updates. Proximity to Drake University and steady neighborhood appreciation suggest strong investment potential.

Potential Use Scenarios

  • Potential primary residence with historic appeal
  • Rental property targeting university community — estimated rent $1,800–$2,000/mo
  • Long-term investment in appreciating neighborhood

Risk Factors

  • Aging infrastructure may require maintenance
  • School ratings may deter some family buyers
  • Historic features may necessitate specialized upkeep

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$250K

Midpoint

$260K

High

$270K

$159/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $234,500 appears below market.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$245,000
Avg Days on Market35 days
Inventory2.5 months
1-Year Appreciation+4.5%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$55,000

Drake neighborhood has seen steady appreciation due to university proximity and ongoing community investments. Walkability Rating estimate: 65/100.

Nearby Points of Interest

  • Drake University (0.3 mi)
  • Hubbell Elementary School (0.6 mi)
  • Callanan Middle School (0.6 mi)
  • Roosevelt High School (0.7 mi)
  • Waveland Golf Course (1.2 mi)

Proximity to Drake University offers cultural and educational opportunities. Nearby schools and parks enhance family appeal. Waveland Golf Course provides recreational options.

School District

DistrictDes Moines Independent Community School District
ElementaryHubbell Elementary School (5/10)
MiddleCallanan Middle School (3/10)
HighRoosevelt High School (4/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1916
Constructionwood frame
Stories2
Roofasphalt shingle
Heatingforced air gas
Coolingcentral AC
Basementunfinished
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.16 acres (6,969 SF)
Topographylevel
Parkingdetached_garage
Parking Spaces2
FrontageStandard residential frontage on 36th Street

Utilities

Watermunicipal
Sewermunicipal
ElectricMidAmerican Energy
GasMidAmerican Energy

Zoning & Land Use

Zoning CodeN5
DescriptionNeighborhood District
JurisdictionCity of Des Moines

Allowed Uses

single family residentialaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$234,500
Land$59,000
Improvements$175,500
Annual Tax (2024)$4,408

Sale History

2024-01-03$235,000

$144/SF

Arm's length transaction

2012-12-21$162,000

$99/SF

Arm's length transaction

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