$264,900
$55K PRICE DROP

518 35th St Des Moines, IA 50312

North of Grand Neighborhood

Estimated payment $1,772/month

Total Views 14,685
-- Bed
4 Baths
2,463 Sq Ft
$108 Price per Sq Ft

Highlights

  • 4 Kitchens
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Shades
  • Storage

About This Home

4-Plex in PRIME location right between Grand and Ingersoll Avenues! Don't miss this opportunity! 4 Units include two 2-BRs, one 1-BR, and 1 studio. Recent cosmetic updates such as neutral paint, flooring, and some kitchen and BA updates provide a fresh look and feel to the units! Each unit features a kitchen with fridge and stove. Coin laundry on site. Parking lot behind building provides plenty of off street parking for residents. Current rental certificates good through March 2026. So close to all of The Avenues amenities, and quick access to I-235 to get anywhere else in the metro! Come see today! Seller to have new roof installed prior to closing.

Listing Agent

Beth Ernst

Keller Williams Realty GDM Listed on: 02/28/2025

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,510

Year Built

  • Built in 1909

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 50x155

Parking

  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,463 Sq Ft Home
  • 2-Story Property
  • Shades
  • Storage
  • Finished Basement

Kitchen

  • 4 Kitchens
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 09007926000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $3,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,510

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 107.55
  • Termite: Follow Showing Instructions
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Interior Amenities: Carpeting, Hardwood Floors, Laminate Floors, See Remarks, Shades/Shutters, Tile Floors
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 2
  • Partial Bath Total: 1
  • Basement Description: Finished, Unfinished
  • Kitchens: 4
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2463
  • Partial Bathrooms: 1
  • Total Sq Ft: 2463

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Tile
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Off Street Parking: 8

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Lot Info

  • Acres: 0.1890
  • Lot S F: 8250
  • Lot Size: 50X155
  • Assessor Parcel Number: 09007926000000
  • Zoning: R-4

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Owner, Electric Tenant, Gas Owner, Insurance Landlord, Misc Exp Landlord, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 4510.13
  • Net Taxes: 4510.13

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 $4,406 $242,000 $29,800 $212,200
2024 $4,406 $224,000 $26,200 $197,800
2023 $4,290 $224,000 $26,200 $197,800
2022 $5,014 $182,000 $21,900 $160,100
2021 $4,450 $182,000 $21,900 $160,100
2020 $4,998 $149,000 $19,900 $129,100
2019 $4,392 $149,000 $19,900 $129,100
2018 $4,670 $124,000 $19,900 $104,100
2017 $4,390 $124,000 $19,900 $104,100
2016 $4,576 $112,000 $16,500 $95,500
2015 $4,576 $112,000 $16,500 $95,500
2014 $4,290 $100,000 $16,500 $83,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 Price Changed $264,900 -3.6% $108 / Sq Ft
09/08/2025 09/08/25 Price Changed $274,900 -3.5% $112 / Sq Ft
08/15/2025 08/15/25 For Sale $284,900 0.0% $116 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
07/09/2025 07/09/25 Price Changed $284,900 -5.0% $116 / Sq Ft
05/09/2025 05/09/25 Price Changed $299,900 -6.3% $122 / Sq Ft
02/28/2025 02/28/25 For Sale $319,900 +23.0% $130 / Sq Ft
04/17/2020 04/17/20 Sold $260,000 -5.5% $106 / Sq Ft View Prior Sale
04/13/2020 04/13/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $275,000 -- $112 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $260,000 None Available
Warranty Deed $109,500 None Available
Warranty Deed $99,500 --
Warranty Deed $65,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 New Conventional
Previous Owner $185,000 Commercial
Previous Owner $56,200 Commercial
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 712604

Des Moines Area Association of REALTORS®

APN: 090-07926000000

Iowa Polk County Des Moines 50312 North of Grand

518 35th St, Des Moines, IA

For Sale

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Beth Ernst
Listing Agent
Beth Ernst
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Keller Williams Realty GDM
(515) 500-5722