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Keith Soldwisch

keith@zealtynow.com +1(515) 414-0462

$ 289,900

Est. payment -/mo

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Price Dropped by $10K

3419 1st Street Des Moines, IA 50313

5 Beds

7 Baths

3,306 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,306 sqft

Price per Sqft $87

MLS Listing ID 735080

Style Two Story

Bedrooms 5

Full Baths 7

HOA Y/N No

Year Built 1890

Annual Tax Amount $5,579

Tax Year 2026

Lot Size 9,844 Sqft

Acres 0.226

Property Description

Investor's dream in the heart of Highland Park! This 7-unit multi-family property offers strong, consistent income and holds a current rental certificate, making it a perfect turnkey addition to your portfolio. Originally a single-family home, this property has been thoughtfully converted into a 7-plex with a mix of unit sizes, offering steady demand in a highly rentable location. 7 total units – fully leased with strong rental history. Current rental certificate in place – compliant and ready to go. Separately metered utilities. Prime Highland Park location – steps to public transportation, shopping, laundromat. Off-street parking and easy tenant access. Several units have been refreshed within the last few months. Added bonus of New Roof, New Sewer Line and Backflow system in 2025. Solid income-producing property, whether you're a seasoned investor or just getting started, this property offers stability, great location, and future upside.

Location

State IA

County Polk

Area Des Moines N.East

Zoning N5

Rooms

Basement Unfinished

Interior

Heating Hot Water, Natural Gas

Cooling Window Unit(s)

Furnishings Unfurnished

Fireplace No

Appliance Refrigerator, Stove

Exterior

Parking Features Detached, Garage, Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Rectangular Lot

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Des Moines Independent

Others

Tax ID 07002137000000

Monthly Total Fees $464

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Zealty Home Advisors

NEARBY SCHOOL & BUSINESS

Keith Soldwisch

Managing Broker/Owner | License ID: B59816000

+1(515) 414-0462

Keith Soldwisch

3419 1st Street Des Moines, IA 50313

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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3419 1st Street