732 19th St Des Moines, IA 50314
Sherman Hill NeighborhoodEstimated payment $2,691/month
Highlights
- 7 Kitchens
- Baseboard Heating
- Wood Siding
- No HOA
About This Home
Great investment opportunity with cash flow in the historical Sherman Hill neighborhood. Property includes six 1-bedroom units and one 2-bedroom unit, with six units currently leased. Off street & street parking available. Professionally managed.Improvements include conversion to electric heat and required egress upgrades to meet city ordinances. Current rental certificate in place. Convenient location near Downtown, I-235, public transportation, and shopping.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,673
Year Built
- Built in 1885
Lot Details
- 10,019 Sq Ft Lot
Home Design
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 3,174 Sq Ft Home
- 2-Story Property
- Partially Finished Basement
- Basement Window Egress
- 7 Kitchens
Utilities
- Window Unit Cooling System
- Baseboard Heating
Community Details
- No Home Owners Association
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 03000448000000
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,538 | $347,000 | $26,600 | $320,400 |
| 2024 | $6,538 | $321,000 | $26,600 | $294,400 |
| 2023 | $6,366 | $321,000 | $26,600 | $294,400 |
| 2022 | $7,438 | $261,000 | $26,600 | $234,400 |
| 2021 | $6,606 | $261,000 | $26,600 | $234,400 |
| 2020 | $7,406 | $214,000 | $24,100 | $189,900 |
| 2019 | $6,504 | $214,000 | $24,100 | $189,900 |
| 2018 | $6,914 | $178,000 | $24,100 | $153,900 |
| 2017 | $6,508 | $178,000 | $24,100 | $153,900 |
| 2016 | $6,786 | $161,000 | $20,100 | $140,900 |
| 2015 | $6,786 | $161,000 | $20,100 | $140,900 |
| 2014 | $6,598 | $143,000 | $20,100 | $122,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/08/2026 04/08/26 | Price Changed | $399,900 | -1.3% | $126 / Sq Ft | |
| 03/06/2026 03/06/26 | For Sale | $405,000 | 0.0% | $128 / Sq Ft | |
| 03/06/2023 03/06/23 | Sold | $405,000 | +1.3% | $128 / Sq Ft | View Prior Sale |
| 01/24/2023 01/24/23 | Pending | -- | -- | -- | |
| 01/20/2023 01/20/23 | For Sale | $399,900 | -1.3% | $126 / Sq Ft | |
| 01/14/2023 01/14/23 | Off Market | $405,000 | -- | -- | |
| 12/27/2022 12/27/22 | For Sale | $399,900 | 0.0% | $126 / Sq Ft | |
| 09/19/2022 09/19/22 | Pending | -- | -- | -- | |
| 08/18/2022 08/18/22 | For Sale | $399,900 | 0.0% | $126 / Sq Ft | |
| 08/16/2022 08/16/22 | Pending | -- | -- | -- | |
| 07/19/2022 07/19/22 | For Sale | $399,900 | +79.3% | $126 / Sq Ft | |
| 01/30/2020 01/30/20 | Sold | $223,000 | -0.9% | $70 / Sq Ft | View Prior Sale |
| 01/30/2020 01/30/20 | Pending | -- | -- | -- | |
| 11/27/2019 11/27/19 | For Sale | $225,000 | -- | $71 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $405,000 | -- | |
| Warranty Deed | $223,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $160,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,000 | New Conventional | |
| Previous Owner | $205,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $154,000 | Commercial |
Source: Des Moines Area Association of REALTORS®
MLS Number: 735670
APN: 030-00448000000
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