$695,000
$30K PRICE DROP

1805 W 4th St Perry, IA 50220

Estimated payment $4,502/month

Total Views 13,029
-- Bed
8 Baths
5,628 Sq Ft
$123 Price per Sq Ft

Highlights

  • 8 Kitchens
  • No HOA
  • Storage
  • 0.5 Acre Lot
  • Laundry Room
  • 1-minute walk to Perkins Park

About This Home

**Seller Financing Options Available at 5% interest rate. **

Great investment opportunity with a fantastic cap rate. Nothing left to do & well taken care of! Half acre lot with green space land to the west.All units are non smoking units, no pets allowed, and very quiet.
Vinyl siding, 6 year old roof, all vinyl windows, new gutters & guards. 6 year old mechanical with , 2 gas fueled, high efficiency gas boilers. Two laundry rooms w/ coin operated washer & dryer. Building wired for high speed internet. Interior updated from top to bottom, stainless steel appliances, soft close cabinets, granite countertops, brushed nickel hardware, fixtures & faucets, hard surface flooring throughout, bathrooms include granite countertops & tiled showers. LED lighting, each unit has bonus storage closet. Recent redone landscaping arond the building. Commute to Des Moines is about 30 minutes. High demand in Perry for rentals but low supply for buildings such as this!

All information obtained from Seller and public records.

Listing Agent

Ethan Freeman

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,569

Year Built

  • Built in 1975

Lot Details

  • 0.5 Acre Lot

Parking

  • Driveway

Home Design

  • Block Foundation
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 5,628 Sq Ft Home
  • 2-Story Property
  • Storage
  • Fire and Smoke Detector

Kitchen

  • 8 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 0209233007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,569

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 123.49
  • Termite: Call Listing Agent
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 8
  • Disposals: 8
  • Refrigerators: 8
  • Stoves Total: 8
  • Interior Amenities: 1st Flr Laundry, Carpeting, LVP, Smoke Detector
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 6
  • Basement Description: Slab
  • Kitchens: 8
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 5628
  • Total Sq Ft: 5628

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Block
  • Paved: Yes
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air
  • Separate Meters: 8

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Schools

  • School District: Perry

Lot Info

  • Acres: 0.4959
  • Lot S F: 21600
  • Lot Shape: Regular
  • Assessor Parcel Number: 0209233007
  • Zoning: M

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Janitor Owner, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 7568.58
  • Net Taxes: 7568.58

Multi Family

  • Total Units: 8

MLS Schools

  • School District: Perry

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Off Market -- -- --
09/16/2024 09/16/24 Price Changed $695,000 -4.1% $123 / Sq Ft
06/26/2024 06/26/24 For Sale $725,000 0.0% $129 / Sq Ft
06/14/2024 06/14/24 For Rent -- -- --
10/02/2020 10/02/20 Sold $600,000 -4.0% --
10/02/2020 10/02/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $625,000 +27.6% --
02/14/2019 02/14/19 Sold $490,000 -1.8% $89 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $499,000 +232.7% $90 / Sq Ft
05/22/2018 05/22/18 Sold $150,000 0.0% $53 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $150,000 -- $53 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Source: Des Moines Area Association of REALTORS®

MLS Number: 698021

Des Moines Area Association of REALTORS®