$200,000

1604 16th St Des Moines, IA 50314

Mondamin Presidential Neighborhood

Estimated payment $1,224/month

Total Views 3,030
-- Bed
4 Baths
3,264 Sq Ft
$61 Price per Sq Ft

Highlights

  • 4 Kitchens
  • Forced Air Heating System
  • Carpet
  • No HOA

About This Home

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!

Listing Agent

Angela Ousley

Zealty Home Advisors Listed on: 08/26/2025

Co-Listing Agent

Ryan Rivera

Zealty Home Advisors

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1914

Lot Details

  • 5,350 Sq Ft Lot
  • Lot Dimensions are 50x107

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 3,264 Sq Ft Home
  • Walk-Out Basement
  • Fire and Smoke Detector
  • 4 Kitchens

Flooring

  • Carpet
  • Vinyl

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 08004979000000

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,965

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Apartment Style
  • Lp Amt Sq Ft: 61.27
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Interior Amenities: Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Second Floor Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Basement Description: Walkout
  • Sq Ft Bsmt: 1632
  • Sq Ft Fin Bsmt: 400
  • Kitchens: 4
  • Laundry: No
  • Storage: No
  • Living Area Sq Ft: 3264
  • Total Sq Ft: 3264

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Paved: No
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air
  • Separate Meters: Y
  • Services: Exterior Maint./Bldg., Lawn Care

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1230
  • Lot S F: 5350
  • Lot Size: 50X107
  • Assessor Parcel Number: 08004979000000
  • Zoning: N5

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant

Tax Info

  • Gross Taxes: 1964.53
  • Net Taxes: 1964.53
  • Tax Year: 2025

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $1,796 $98,600 $6,500 $92,100
2024 $1,796 $91,300 $5,700 $85,600
2023 $1,748 $91,300 $5,700 $85,600
2022 $2,044 $74,200 $4,700 $69,500
2021 $1,816 $74,200 $4,700 $69,500
2020 $2,040 $60,800 $4,300 $56,500
2019 $1,788 $60,800 $4,300 $56,500
2018 $1,902 $50,500 $4,300 $46,200
2017 $2,784 $50,500 $4,300 $46,200
2016 $1,860 $45,500 $3,600 $41,900
2015 $1,860 $45,500 $3,600 $41,900
2014 $1,738 $40,500 $3,600 $36,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2025 09/17/25 For Rent $850 0.0% --
08/26/2025 08/26/25 For Sale $200,000 -- $61 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $15,000 None Available
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 724949

Des Moines Area Association of REALTORS®

APN: 080-04979000000

Iowa Polk County Des Moines 50314 Mondamin Presidential

1604 16th St, Des Moines, IA

This home is located at 1604 16th St, Des Moines, IA 50314 and is currently priced at $200,000, approximately $61 per square foot. This property was built in 1914. 1604 16th St is a home located in Polk County with nearby schools including King Elementary School, Meredith Middle School, and Hoover High School.

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.

Des Moines Area Association of REALTORS® 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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Angela Ousley
Listing Agent
Angela Ousley
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Zealty Home Advisors
(515) 500-2335