$439,900

Estimated payment $2,844/month

Total Views 330
-- Bed
7 Baths
4,637 Sq Ft
$95 Price per Sq Ft

Highlights

  • 5 Kitchens
  • No HOA
  • Storage
  • Wood Flooring
  • Laundry Room
  • 4-minute walk to Chamberlain Park

About This Home

Charming 5 plex in the heart of Sherman Hill! This well kept 4,437 sqft building has five units, two (2bedroom 2 bath) units, two (1 bedroom 1 bath) units, and a unique large 1,000 sqft loft style 1 bathroom unit on the third floor. You're sure to love the charming features found in the units such as hardwood floors, arches, decorative fireplaces, large windows, and so much more! Perfect location with so many local shops, restaurants, and more within walking distance! Easy access to I-235 as well!

The building has five off street parking spaces. Heating system has recently been updated to electric heating! Tenants pay their own electric, water, natural gas, and heat bills. Owner pays water, sewer, trash, recycling, electric, natural gas, and heat for common areas. Good cash flowing building with gross rent $4,445/month. All units currently occupied. Coin operated laundry on the second floor.

Come see today!

Listing Agent

Beth Ernst

Keller Williams Realty GDM Listed on: 08/05/2025

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,217

Year Built

  • Built in 1881

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,637 Sq Ft Home
  • 3-Story Property
  • Storage
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • 5 Kitchens
  • Stove

Flooring

  • Wood
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 03000432000000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $522
  • Gross Income $4,445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,217

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Three Story, Two Story
  • Lp Amt Sq Ft: 94.87
  • Termite: Follow Showing Instructions
  • Year Built: 1881
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 5
  • Stoves Total: 5
  • Interior Amenities: Hardwood Floors, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 2
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1218
  • Kitchens: 5
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 4637
  • Total Sq Ft: 4637

Exterior Features

  • Exterior: Frame
  • Foundation: Brick, Concrete Block, Tile
  • Paved: No
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Oak, Paint, Pine

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: 5

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Electric Baseboard, See Remarks
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 522

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Size: 60X125
  • Assessor Parcel Number: 03000432000000
  • Zoning: R-HD

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Owner, Electric Tenant, Gas Owner, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 5217.03
  • Net Taxes: 5217.03

Multi Family

  • Total Units: 5

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
2024 $5,030 $247,000 $19,900 $227,100
2023 $4,902 $247,000 $19,900 $227,100
2022 $5,728 $201,000 $19,900 $181,100
2021 $5,094 $201,000 $19,900 $181,100
2020 $5,710 $165,000 $18,100 $146,900
2019 $5,006 $165,000 $18,100 $146,900
2018 $5,322 $137,000 $18,100 $118,900
2017 $5,012 $137,000 $18,100 $118,900
2016 $5,226 $124,000 $15,000 $109,000
2015 $5,226 $124,000 $15,000 $109,000
2014 $4,868 $110,000 $15,000 $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $439,900 +203.4% $95 / Sq Ft
06/19/2012 06/19/12 Sold $145,000 -3.3% $31 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $149,900 -- $32 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Corporate Deed $144,500 None Available
Warranty Deed $153,500 None Available
Quit Claim Deed -- None Available
Warranty Deed $139,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,000 New Conventional
Closed $111,388 Future Advance Clause Open End Mortgage
Previous Owner $146,400 Commercial
Source: Public Records

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Source: Des Moines Area Association of REALTORS®

MLS Number: 723603

Des Moines Area Association of REALTORS®

APN: 030-00432000000