NOT LISTED FOR SALE

702 E 9th St Des Moines, IA 50309

East Village Neighborhood
-- Bed
4 Baths
3,600 Sq Ft
3,520 Sq Ft Lot

Last Sold June 22, 2023

Last sale price $225,000 $62 Per Sq Ft

344 Days on Market

Highlights

  • 4 Kitchens
  • No HOA
  • 5-minute walk to Whitmer Park

About This Home

As of June 2023

Great income-producing 4 plex north of the East Village neighborhood of downtown Des Moines. Each unit features 2 bedrooms and 1 bath. Could be a great option for an owner-occupied investment. The building needs significant TLC and is priced accordingly. Unit rents of $880, $650, $600, and $475 and tenants pay utilities. Lower rents are with long-term tenants but could be higher based on market. Sold AS IS. Schedule you’re showing today!

Last Agent to Sell the Property

Jason Stuyvesant

RE/MAX Concepts Listed on: 05/02/2022

RE/MAX Concepts

Last Buyer's Agent

Bethany Cochran

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,891

Year Built

  • Built in 1889

Lot Details

  • 3,520

Parking

  • No Driveway

Home Design

  • 3,600 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Shingled Roof

Additional Features

  • 4 Kitchens
  • 4 Full Bathrooms
  • 3,520 Sq Ft Lot
  • No Cooling
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 04002990000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $2,605

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,891

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 65.28
  • Sp Amt Sq Ft: 62.50
  • Termite: Follow Showing Instructions
  • Year Built: 1889
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Second Floor Full Bathrooms: 4
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 336
  • Kitchens: 4
  • Living Area Sq Ft: 3600
  • Total Sq Ft: 3600

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: None

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.0810
  • Lot S F: 3520
  • Assessor Parcel Number: 04002990000000
  • Zoning: R-4

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Water Tenant

Tax Info

  • Gross Taxes: 4891.00
  • Net Taxes: 4891.00

Multi Family

  • Total Units: 4

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 Change Sq Ft Price
06/22/2023 06/22/23 Sold $225,000 -4.3% $63 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $235,000 -6.0% $65 / Sq Ft
01/30/2023 01/30/23 Price Changed $250,000 -9.1% $69 / Sq Ft
08/30/2022 08/30/22 Price Changed $275,000 -5.2% $76 / Sq Ft
08/08/2022 08/08/22 Price Changed $290,000 -6.5% $81 / Sq Ft
07/25/2022 07/25/22 Price Changed $310,000 -6.1% $86 / Sq Ft
06/01/2022 06/01/22 Price Changed $330,000 -5.7% $92 / Sq Ft
05/08/2022 05/08/22 Price Changed $350,000 -6.7% $97 / Sq Ft
05/02/2022 05/02/22 For Sale $375,000 -- $104 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Stuyvesant

    Seller's Agent in 2023

    Jason Stuyvesant

    RE/MAX

    (515) 778-9669

    1 in this area

    135 Total Sales

    Jason Stuyvesant
    Section Image
  • Bethany Cochran

    Buyer's Agent in 2023

    Bethany Cochran

    RE/MAX

    (515) 979-3750

    1 in this area

    347 Total Sales

    Bethany Cochran
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 651057

Des Moines Area Association of REALTORS®

Iowa Polk County Des Moines 50309 East Village

702 E 9th St, Des Moines, IA

This home is located at 702 E 9th St, Des Moines, IA 50309 since 02 May 2022. This property was built in 1889. 702 E 9th St is a home located in Polk County with nearby schools including Carver Elementary School, Hiatt Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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