Brooklin Griffis
RE/MAX Precision
(515) 478-8987
60 Total Sales
1 in Mondamin Presidential
$141,250 Price
1604 16th St Des Moines, IA 50314
Mondamin Presidential Neighborhood
Studio
4
Baths
3,264
Sq Ft
5,350
Sq Ft Lot
Highlights
- 4 Kitchens
- Forced Air Heating System
- Carpet
- No HOA
About This Home
As of November 2025Income-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!
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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
- Front Yard Maintenance
- 4 Units
- On-Site Maintenance
Listing and Financial Details
- Assessor Parcel Number 08004979000000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2025
Closed on
Nov 19, 2025
Sold by
Bought by
Seller's Agent
Ryan Rivera
Zealty Home Advisors
Buyer's Agent
Andrew Algreen
Keller Williams Realty GDM
List Price
$200,000
Sold Price
$250,000
Premium/Discount to List
$50,000
25%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,542
Avg. Annual Appreciation
-5.41%
Original Mortgage
$237,500
Outstanding Balance
$235,904
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$4,554
Purchase Details
Closed on
Jan 22, 2016
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mondamin Presidential, IA
-
Brooklin Griffis
-
Jolene Lindell
Jolene Lindell
Realty ONE Group Impact
(414) 626-7449
51 Total Sales
1 in Mondamin Presidential
$229,300 Price
-
Darson Grantham
Darson Grantham
Keller Williams Realty GDM
(641) 247-4098
231 Total Sales
4 in Mondamin Presidential
$90K - $190K Price Range
-
Maria Torres
Maria Torres
Responds QuicklyIowa Realty Mills Crossing
(515) 400-0263
165 Total Sales
1 in Mondamin Presidential
$165,000 Price
-
Ryan Rivera
Ryan Rivera
Responds QuicklyZealty Home Advisors
(515) 414-7551
150 Total Sales
2 in Mondamin Presidential
$45K - $250K Price Range
-
Cy Phillips
Cy Phillips
Responds QuicklySpace Simply
(515) 393-2710
482 Total Sales
1 in Mondamin Presidential
$165,000 Price
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 | $250,000 | None Listed On Document | |
| Warranty Deed | $15,000 | None Available |
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 |
|---|---|---|---|
| Open | $237,500 | New Conventional | |
| Previous Owner | $900,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | Sold | $250,000 | +25.0% | $77 / Sq Ft |
| 11/04/2025 11/04/25 | Pending | -- | -- | -- |
| 08/26/2025 08/26/25 | For Sale | $200,000 | -- | $61 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax 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.
| 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
Agents Affiliated with this Home
-
Ryan Rivera
Seller's Agent in 2025
Ryan Rivera
Zealty Home Advisors
(515) 554-5870
2 in this area
150 Total Sales
-
Angela Ousley
Seller Co-Listing Agent in 2025
Angela Ousley
Zealty Home Advisors
(515) 988-6609
2 in this area
35 Total Sales
-
Andrew Algreen
A
Buyer's Agent in 2025
Andrew Algreen
Keller Williams Realty GDM
(515) 868-3860
1 in this area
51 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 724949
APN: 080-04979000000
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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