1604 16th Street Des Moines, IA 50314

Income-Producing 4-Unit Multi-Family in Des Moines! Ideally located just minutes from downtown Des Moines and steps from public transportation, this clean, well-maintained four-plex is a turnkey investment. The building offers two two-bedroom, one-bath units and two three-bedroom, one-bath units , all with a current rental certificate—an excellent opportunity for investors or live-in owners seeking steady income. The listing also includes the corner lot at 1602 16th Street , providing valuable outdoor space and off-street parking . Recent upgrades in 2025 feature fresh exterior paint and a newly sealed roof. Additional i mprovements include replacement windows, updated decking and stairs, new gutters, and upgraded furnaces , ensuring comfort and peace of mind. With a central location close to downtown amenities, transit, and major roadways, this property combines convenience with reliability. Don't miss your chance to own a ready-made income property in the heart of Des Moines!