3419 1st Street Des Moines, IA 50313

PRICED AT call for price

Listing Details

  • call for price
  • MLS# 735080
  • Type Multi Unit - Multiple
  • Status Active
  • 5 Bedrooms
  • 7 full Bathrooms
  • 3,306 Square Feet
  • 0.226 acres Lot Size
  • 1890 Year Built
  • Des Moines Independent Local Schools

Description

Investor opportunity! This income-producing 7-unit multifamily property offers an affordable entry point into multifamily ownership with immediate cash flow and future upside. Located in the desirable Highland Park area of Des Moines, the property features a strong rental history, current rental certificate, and separately metered utilities to help minimize owner expenses. Several units have been refreshed, and major capital improvements have already been completed, including a new roof, new sewer line, and new backflow system in 2025. Off-street parking and a detached garage provide added tenant convenience. Situated near public transportation,...read more

Features

  • Refrigerator
  • Stove
  • Window Unit(s)
  • Hot Water, Natural Gas
  • 2.0 Stories
  • $5,579 Taxes
  • Public
  • Built in 1890
View All Features

Contact the Listing Agent

Contact the Listing Agent
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 06/12/2026. The listing information on this page last changed on 06/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/12/2026 12:09:32 AM EST) or Central Iowa MLS (last updated Thu 06/11/2026 11:28:31 PM EST) or Des Moines MLS (last updated Thu 06/11/2026 11:32:44 PM EST). Real estate listings held by brokerage firms other than Hunziker & Associates, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Refrigerator, Stove
  • Basement: Unfinished
  • Basement: Yes
  • Cooling: Window Unit(s)
  • Days on Site: 106
  • Exterior: Vinyl Siding
  • Garage: 2
  • Heating: Hot Water, Natural Gas
  • Home Style: Two Story
  • Lot Description: Rectangular Lot
  • Lot Dimensions: 75X131
  • Lot Size: 0.23 Acres
  • Parcel#: 07002137000000
  • Parking: Detached, Garage, Two Car Garage
  • Parking Notes: Detached, Garage, Two Car Garage
  • Roof Type: Asphalt, Shingle
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $5,579
  • Units: 7
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water: Public
  • Year Built: 1890