$495,000
$20K PRICE DROP

Estimated payment $3,322/month

Total Views 2,514
-- Bed
7 Baths
3,174 Sq Ft
$156 Price per Sq Ft

Highlights

  • Popular Property
  • No HOA
  • Heating Available
  • 7 Kitchens
  • Wood Siding

About This Home

Cashflow on day one! Located right off of Interstate 235, 19th Street is in a prime location for commuters and public transportation users as well! Professionally managed for the last 2 years and stabilized, this is your chance to step into a turnkey investment! All rental certificates in place are recent and all but one tenant are in long term leases. With multiple avenues to increase income still available to you, 19th Street is the perfect next or first addition to your portfolio!

Listing Agent

Grant Beck

RE/MAX Revolution Listed on: 05/27/2025

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,780

Year Built

  • Built in 1885

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125

Parking

  • Gravel Driveway

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,174 Sq Ft Home
  • 2-Story Property
  • Basement Window Egress
  • 7 Kitchens

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 03000448000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,780

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 155.95
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 7
  • Stoves Total: 7
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • First Floor Full Bathrooms: 6
  • Second Floor Full Bathrooms: 1
  • Basement Description: Egress Windows, Partial Finished
  • Sq Ft Bsmt: 1512
  • Sq Ft Fin Bsmt: 450
  • Kitchens: 7
  • Laundry: No
  • Storage: No
  • Living Area Sq Ft: 3174
  • Total Sq Ft: 3174

Exterior Features

  • Exterior: Wood
  • Foundation: Stone
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2300
  • Lot S F: 10000
  • Lot Shape: Regular
  • Lot Size: 80X125
  • Assessor Parcel Number: 03000448000000
  • Zoning: NX2A

Rental Info

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

Tax Info

  • Gross Taxes: 6780.22
  • Net Taxes: 6780.22

Multi Family

  • Total Units: 8

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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $495,000 -3.9% $156 / Sq Ft
05/27/2025 05/27/25 For Sale $515,000 0.0% $162 / Sq Ft
04/23/2025 04/23/25 For Rent $595 0.0% --
03/06/2023 03/06/23 Sold $405,000 +1.3% $128 / Sq Ft
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
01/30/2020 01/30/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $225,000 -- $71 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,147 New Conventional
Open $328,000 New Conventional
Previous Owner $205,000 Future Advance Clause Open End Mortgage
Previous Owner $142,500 Commercial
Previous Owner $600,000 New Conventional
Previous Owner $154,000 Commercial
Source: Public Records

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Source: Des Moines Area Association of REALTORS®

MLS Number: 718872

Des Moines Area Association of REALTORS®

APN: 030-00448000000