$850,000

811 16th St Des Moines, IA 50314

Sherman Hill Neighborhood

Estimated payment $5,336/month

Total Views 173
-- Bed
9 Baths
5,689 Sq Ft
$149 Price per Sq Ft

About This Home

The KataLYST Team by KW Commercial is proud to
exclusively present 811 16th St. in Des Moines, IA;
a well-maintained, historic property in the highly
sought-after Sherman Hill neighborhood. Featuring
timeless charm with real hardwood floors, original
built-ins, and solid craftsmanship, this asset offers
both aesthetic appeal and strong fundamentals.
Currently operating at a true 5.01% cap rate, the
property presents a compelling value-add
opportunity with projected rental upside of 10.2% as
market rents continue to strengthen. Ideal for
investors looking for a stable return with long-term
growth potential.

Listing Agent

Jared Husmann

Keller Williams Realty GDM Listed on: 12/02/2025

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,540

Parking

  • Gravel Driveway

Home Design

  • 5,689 Sq Ft Home
  • Brick Foundation
  • Rubber Roof

Kitchen

  • Cooktop
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Municipal Trash

Additional Features

  • 6,409 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 030/01050-001-000

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,540

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 149.41
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 9.00
  • Full Bathrooms: 9
  • First Floor Full Bathrooms: 5
  • Second Floor Full Bathrooms: 4
  • Basement Description: Partial Finished
  • Included Items: Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Living Area Sq Ft: 5689
  • Total Sq Ft: 5689

Exterior Features

  • Foundation: Brick
  • Roof: Rubber
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Radiant
  • Services: Insurance, Lawn Care, Snow Removal, Taxes, Trash Service, Utilities

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1470
  • Lot S F: 6409
  • Assessor Parcel Number: 030/01050-001-000
  • Zoning: NX2A

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Owner, Janitor Owner, Misc Exp Landlord, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 10540.00
  • Net Taxes: 10540.00
  • Tax Year: 2024

Multi Family

  • Total Units: 9

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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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
12/02/2025 12/02/25 For Sale $850,000 -- $149 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Source: Des Moines Area Association of REALTORS®

MLS Number: 731192

Des Moines Area Association of REALTORS®
Iowa Polk County Des Moines 50314 Sherman Hill

811 16th St, Des Moines, IA

For Sale

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.

Nearby Homes
Jared Husmann
Listing Agent
Jared Husmann
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Keller Williams Realty GDM
(515) 859-8738