NOT LISTED FOR SALE

6920 SW 9th St Des Moines, IA 50315

Watrous South Neighborhood
-- Bed
12 Baths
8,064 Sq Ft
0.55 Acres

Last Sold July 21, 2017

Last sale price $402,500 $50 Per Sq Ft

32 Days on Market

Highlights

  • 12 Kitchens
  • No HOA
  • Storage
  • 0.55 Acre Lot
  • Laundry Room
  • Hot Water Heating System

About This Home

As of July 2017

This is a fantastic opportunity to own a 12-plex w several long-term tenants at a great price. The building is 100% occupied w gross monthly rent of $6600. This building offers 12 two-bedroom, 1 bath units w additional storage, and coin operated laundry is available on-site on the 2nd/3rd floors. The units have some opportunity for renovations as they turn, which could help maximize rents over time.

Last Agent to Sell the Property

Eric Quiner

Realty ONE Group Impact Listed on: 06/05/2017

Realty ONE Group Impact

Co-Listed By

Joel Conner

Realty ONE Group Impact

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 136x175

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 12 Full Bathrooms
  • 8,064 Sq Ft Home
  • 3-Story Property
  • Storage
  • Laundry Room
  • Unfinished Basement
  • Walk-Out Basement
  • 12 Kitchens

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 12004310002000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $4,000
  • Gross Income $6,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Three Story
  • Lp Amt Sq Ft: 48.36
  • Sp Amt Sq Ft: 49.91
  • Termite: Call Listing Agent
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Refrigerators: 12
  • Stoves Total: 12
  • Total Bathrooms: 12.00
  • Full Bathrooms: 12
  • Second Floor Full Bathrooms: 12
  • Basement Description: Unfinished, Walkout
  • Kitchens: 12
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 8064
  • Total Sq Ft: 8064

Exterior Features

  • Exterior: Brick, See Remarks
  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: Y

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Air Conditioner: Window Unit
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Fee Information

  • Total Expense: 4000

Lot Info

  • Acres: 0.5460
  • Lot S F: 23800
  • Lot Shape: Regular
  • Lot Size: 136X175
  • Assessor Parcel Number: 12004310002000
  • Zoning: R-3

Rental Info

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

Tax Info

  • Gross Taxes: 16228.00
  • Net Taxes: 16228.00

MLS Schools

  • School District: Des Moines Independent

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Off Market $750 -- --
11/10/2024 11/10/24 For Rent $750 0.0% --
07/21/2017 07/21/17 Sold $402,500 +3.2% $50 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $390,000 -- $48 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Quiner

    Seller's Agent in 2017

    Eric Quiner

    Realty ONE Group Impact

    (515) 710-5468

    223 Total Sales

    Eric Quiner
    Section Image
  • Joel Conner

    Seller Co-Listing Agent in 2017

    Joel Conner

    Realty ONE Group Impact

    (515) 205-6388

    1 in this area

    51 Total Sales

    Joel Conner
    Section Image

  • O

    Buyer's Agent in 2017

    OUTSIDE AGENT

    OTHER

    25 in this area

    5,678 Total Sales

    OUTSIDE AGENT
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 541137

Des Moines Area Association of REALTORS®
Iowa Polk County Des Moines 50315 Watrous South

6920 SW 9th St, Des Moines, IA

Not Listed for Sale

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