Seller's Agent in 2026
Gilbert Gonzales
RE/MAX Precision
(641) 691-2642
3 in this area
268 Total Sales
1418 E 9th St Des Moines, IA 50316
Capitol Park Neighborhood
Studio
--
Bath
3,710
Sq Ft
0.32
Acres Lot
Highlights
- 4 Kitchens
- Laundry Room
- Wood Siding
- No HOA
- Forced Air Heating and Cooling System
- 3-minute walk to Union Park
About This Home
As of March 2026Great 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
- 14,040 Sq Ft 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2025
Closed on
Mar 26, 2026
Sold by
Ray Gibbs
Bought by
Shagbark Ridge Llc and Chidester
Seller's Agent
Gilbert Gonzales
RE/MAX Precision
Buyer's Agent
Angela Ousley
Zealty Home Advisors
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Views
257
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.01%
Purchase Details
Listed on
Sep 17, 2021
Closed on
Dec 18, 2021
Sold by
Kouri Properties Llc
Bought by
Gibbs Matthew Ray
Seller's Agent
Sue Randleman
Iowa Realty South
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$220,000
Sold Price
$220,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$216,015
Interest Rate
3.09%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 11, 1997
Sold by
Celsi Lois B and Moon Lois B
Bought by
Robinson Michael R and Robinson Debra J
Purchase Details
Closed on
Jul 8, 1997
Sold by
Robinson Michael R and Robinson Debra J
Bought by
Kouri Joseph T and Kouri Debbra S
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $290,000 | None Listed On Document | |
| Warranty Deed | $220,000 | None Available | |
| Warranty Deed | $54,500 | -- | |
| Warranty Deed | $66,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $216,015 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/26/2026 03/26/26 | Sold | $290,000 | -3.3% | $78 / Sq Ft | |
| 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 |
Source: Des Moines Area Association of REALTORS®
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 |
Source: Public Records
Agents Affiliated with this Home
-
Gilbert Gonzales
-
Angela Ousley
Buyer's Agent in 2026
Angela Ousley
Zealty Home Advisors
(515) 988-6609
1 in this area
26 Total Sales
-
Ryan Rivera
Buyer Co-Listing Agent in 2026
Ryan Rivera
Zealty Home Advisors
(515) 554-5870
1 in this area
141 Total Sales
-
S
Seller's Agent in 2021
Sue Randleman
Iowa Realty South
-
K
Seller Co-Listing Agent in 2021
Kevin Randleman
Iowa Realty South
-
OUTSIDE AGENT
O
Buyer's Agent in 2021
OUTSIDE AGENT
OTHER
9 in this area
5,650 Total Sales
Map
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.
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