Seller's Agent in 2023
Jason Stuyvesant
RE/MAX
(515) 778-9669
1 in this area
125 Total Sales
702 E 9th St Des Moines, IA 50309
East Village Neighborhood
Studio
4
Baths
3,600
Sq Ft
3,528
Sq Ft
Highlights
- 4 Kitchens
- No HOA
- 5-minute walk to Whitmer Park
About This Home
As of June 2023Great 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!
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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
| 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 | $3,934 | $216,000 | $29,700 | $186,300 |
| 2024 | $3,934 | $200,000 | $26,100 | $173,900 |
| 2023 | $3,842 | $200,000 | $26,100 | $173,900 |
| 2022 | $4,490 | $163,000 | $21,800 | $141,200 |
| 2021 | $4,002 | $163,000 | $21,800 | $141,200 |
| 2020 | $4,494 | $134,000 | $19,800 | $114,200 |
| 2019 | $3,930 | $134,000 | $19,800 | $114,200 |
| 2018 | $4,180 | $111,000 | $19,800 | $91,200 |
| 2017 | $3,918 | $111,000 | $19,800 | $91,200 |
| 2016 | $4,275 | $100,000 | $16,500 | $83,500 |
| 2015 | $4,086 | $100,000 | $16,500 | $83,500 |
| 2014 | $4,964 | $111,000 | $16,500 | $94,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Stuyvesant
-
Bethany Cochran
Buyer's Agent in 2023
Bethany Cochran
Agency Iowa
(515) 979-3750
1 in this area
330 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 651057
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