
1908 7th St Des Moines, IA 50314
River Bend NeighborhoodEstimated payment $982/month
About This Home
Online bidding starts at $129,000! This is your chance to own your investment property with full transparency in the bidding process. Cash or financing is accepted, and our unique open bidding platform allows you to see exactly what others are offering—no guesswork or blind offers. You set the value, making the process simple and fair. Bidding ends August 25, 2025. This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $2,900 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1886
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 90x132
Home Design
- 2,914 Sq Ft Home
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 08005490001000
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 |
---|---|---|---|---|
2024 | $3,580 | $182,000 | $12,300 | $169,700 |
2023 | $3,484 | $182,000 | $12,300 | $169,700 |
2022 | $4,072 | $147,800 | $10,300 | $137,500 |
2021 | $4,002 | $163,000 | $10,300 | $152,700 |
2020 | $4,494 | $134,000 | $9,400 | $124,600 |
2019 | $3,930 | $134,000 | $9,400 | $124,600 |
2018 | $4,180 | $111,000 | $9,400 | $101,600 |
2017 | $3,918 | $111,000 | $9,400 | $101,600 |
2016 | $4,086 | $100,000 | $8,000 | $92,000 |
2015 | $4,086 | $100,000 | $8,000 | $92,000 |
2014 | $3,818 | $89,000 | $8,000 | $81,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/15/2025 08/15/25 | For Sale | $129,000 | -- | $44 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available | |
Warranty Deed | -- | None Available | |
Warranty Deed | -- | None Available | |
Contract Of Sale | $54,750 | -- | |
Warranty Deed | $44,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $33,750 | Commercial | |
Closed | $0 | Seller Take Back |
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Source: Des Moines Area Association of REALTORS®
MLS Number: 724437

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