1418 E 9th St Des Moines, IA 50316
Capitol Park NeighborhoodEstimated payment $1,924/month
Highlights
- 4 Kitchens
- Laundry Room
- Wood Siding
- No HOA
- Forced Air Heating and Cooling System
- 3-minute walk to Union Park
About This Home
Great cash flow opportunity in this perfectly located nice and well managed 4plex in the Heart of Des Moines, minutes to downtown. With this building being almost 4000 square feet, the units are very spacious! You have 2, 2bedroom 1 bath units. And 2, 1 bed 1 bath units. Tenants pay utilities with sperate meters. Each unit has its own separate, central air. Enjoy some recent updates fresh paint, newer flooring, and some newer windows. This property would be perfect for someone looking to house hack, buy and occupy, and only put 3% down! Or for any investor looking to add 4 units to their portfolio with room to raise rents! Call to set up a showing. All information obtained from seller and public records.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,179
Year Built
- Built in 1892
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 65x216
Parking
- Gravel Driveway
Home Design
- Block Foundation
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 3,710 Sq Ft Home
- 2-Story Property
- 4 Kitchens
- Laundry Room
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 11001241000000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $3,075
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,044 | $233,000 | $35,500 | $197,500 |
| 2024 | $4,044 | $216,000 | $31,200 | $184,800 |
| 2023 | $3,938 | $216,000 | $31,200 | $184,800 |
| 2022 | $4,848 | $176,000 | $26,100 | $149,900 |
| 2021 | $4,300 | $176,000 | $26,100 | $149,900 |
| 2020 | $4,830 | $144,000 | $23,700 | $120,300 |
| 2019 | $4,852 | $144,000 | $23,700 | $120,300 |
| 2018 | $5,160 | $137,000 | $23,700 | $113,300 |
| 2017 | $4,860 | $137,000 | $23,700 | $113,300 |
| 2016 | $5,066 | $124,000 | $20,000 | $104,000 |
| 2015 | $5,066 | $124,000 | $20,000 | $104,000 |
| 2014 | $4,918 | $110,000 | $20,000 | $90,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | Pending | -- | -- | -- | |
| 11/10/2025 11/10/25 | For Sale | $300,000 | +36.4% | $81 / Sq Ft | |
| 12/20/2021 12/20/21 | Sold | $220,000 | 0.0% | $59 / Sq Ft | View Prior Sale |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- | |
| 09/17/2021 09/17/21 | For Sale | $220,000 | -- | $59 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | None Available | |
| Warranty Deed | $54,500 | -- | |
| Warranty Deed | $66,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $216,015 | FHA |
Source: Des Moines Area Association of REALTORS®
MLS Number: 730158
APN: 110-01241000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
- 819 Cleveland Ave
- 1372 E 12th St
- 1352 E 12th St
- 1349 E 12th St
- 1369 York St
- 1613 York St
- 1348 Idaho St
- 833 E University Ave
- 1411 Idaho St
- 1913 E 13th St
- 1916 York St
- 1400 Mattern Ave
- 1110 York St
- 1306 E 15th St
- 1018 E 12th St
- 1213 Fremont St
- 1120 E 6th St Unit 8
- 1526 E Jefferson Ave
- 2127 E 13th St
- 1443 Wilson Ave