1427 7th St Des Moines, IA 50314
River Bend NeighborhoodEstimated payment $1,413/month
Highlights
- 2 Kitchens
- No HOA
- Forced Air Heating and Cooling System
About This Home
***CONTRACT TERMS AVAILABLE*** Discover the potential of this updated multi-family property, perfectly situated just a stone's throw away from downtown and within walking distance to the local elementary school. This versatile investment features a spacious 3-bedroom, 1-bathroom unit on the main level, ideal for families seeking comfort and convenience. The upper-level boasts a cozy 2-bedroom, 1-bathroom unit, perfect for rental income or extended family. Recent upgrades, including a new roof and siding (2019), a modern HVAC system and hot water heater (2025), and a new sewer line (2024), ensure peace of mind for years to come. Enjoy the benefits of living in an area with easy access to shops, dining, and recreational activities. Don’t miss this opportunity to invest in your future – whether as a primary residence or a savvy rental property. Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,732
Year Built
- Built in 1900
Parking
- Driveway
Home Design
- Brick Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2 Bathrooms
- 1,752 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Kitchen
- 2 Kitchens
- Stove
Additional Features
- 5,512 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 08003562000000
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 | $1,870 | $145,200 | $8,200 | $137,000 |
| 2024 | $1,870 | $130,600 | $7,300 | $123,300 |
| 2023 | $1,832 | $105,500 | $7,300 | $98,200 |
| 2022 | $1,818 | $77,700 | $5,600 | $72,100 |
| 2021 | $1,700 | $77,700 | $5,600 | $72,100 |
| 2020 | $1,364 | $68,100 | $4,900 | $63,200 |
| 2019 | $1,366 | $52,600 | $4,900 | $47,700 |
| 2018 | $1,352 | $50,800 | $4,700 | $46,100 |
| 2017 | $1,246 | $50,800 | $4,700 | $46,100 |
| 2016 | $1,214 | $46,100 | $4,300 | $41,800 |
| 2015 | $1,214 | $46,100 | $4,300 | $41,800 |
| 2014 | $1,166 | $43,900 | $4,200 | $39,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | Price Changed | $225,000 | -2.2% | $128 / Sq Ft | |
| 10/03/2025 10/03/25 | For Sale | $230,000 | +24.3% | $131 / Sq Ft | |
| 08/19/2022 08/19/22 | Sold | $185,000 | -5.1% | $106 / Sq Ft | View Prior Sale |
| 07/19/2022 07/19/22 | Pending | -- | -- | -- | |
| 07/07/2022 07/07/22 | For Sale | $195,000 | -- | $111 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $185,000 | None Listed On Document | |
| Deed | $7,500 | None Available | |
| Corporate Deed | -- | None Available | |
| Corporate Deed | -- | None Available | |
| Sheriffs Deed | $50,000 | None Available | |
| Legal Action Court Order | $40,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $9,250 | No Value Available | |
| Open | $181,649 | FHA | |
| Previous Owner | $68,000 | Commercial | |
| Closed | $0 | Seller Take Back |
Source: Des Moines Area Association of REALTORS®
MLS Number: 727604
APN: 080-03562000000
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