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Sherman Hill Multifamily Home for Sale

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    $475,000

    • Studio
    • 7 Baths
    • 3,174 Sq Ft

    732 19th St, Des Moines, IA 50314

    Cashflow on day one! Located right off of Interstate 235, 19th Street is in a prime location for commuters and public transportation users as well! Professionally managed for the last 2 years and stabilized, this is your chance to step into a turnkey investment! All rental certificates in place are recent and all but one tenant are in long term leases. With multiple avenues to increase income

    Grant Beck RE/MAX Revolution

    732 19th St, Des Moines, IA 50314

Why Live in Sherman Hill

Sherman Hill, one of Des Moines' oldest neighborhoods, is known for its historic architecture and close proximity to downtown. The area features a mix of Victorian, Queen Anne, and Second Empire homes, with some American Foursquare and Craftsman styles. While many homes have been restored, others still require renovation, with city incentives available to assist homeowners. Less than a mile north, Good Park offers basketball and tennis courts, a spray park, and winter sledding hills. Nearby Gray’s Lake Park is popular for boating and fishing. The Wallace House, a restored 1883 Italianate Victorian estate, now serves as a museum and the Wallace Center of Iowa. Dining options include Big Grove Brewery, known for its craft beers and upscale tavern cuisine, and the eclectic MLK River Park, located 2 miles southwest in downtown Des Moines, which features various restaurants and businesses. Hoyt Sherman Place, a historic 1,200-seat theatre, hosts a range of performances. The neighborhood is pedestrian-friendly with sidewalks and bike trails, and public transportation is provided by DART. Despite sharing a border with downtown, Sherman Hill retains a suburban look with brightly colored homes and alleys providing backyard storage. The open enrollment program in Iowa allows parents to choose schools outside their district, with options like Roosevelt High School, known for its fine arts program, and St. Anthony Catholic School, offering a Spanish immersion program. Interstate 235 and the Des Moines International Airport, 4 miles south, provide easy access for commuters.

Home Trends in Sherman Hill, IA

Housing Trends

Median Sale Price
$479,000
Median Single Family Sale Price
$479,000
Average Price Per Sq Ft
$137
Number of Homes for Sale
0
Last 12 months Home Sales
30
Months of Supply
0.00
Median List Price
$499,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
146%
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