Multifamily Property for Sale in Des Moines, IA

  • Price: $500K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Des Moines, IA 50314
  • Size: 4,269 SF

Description

Don’t miss this rare chance to own investment property in Des Moines’ historic Sherman Hill neighborhood! Built in 1913 and full of character, this mid-rise building offers 5,692 square feet of well-maintained living space across six one-bedroom units. Tenants appreciate the classic hardwood flooring and abundant natural light. Currently, it has a 100% occupancy rate that will deliver immediate returns. 686 19th Street is zoned NX2A and situated on a 7,462 SF lot. This gem is not just a building; it’s a piece of Des Moines’ heritage, thoughtfully preserved and positioned for continued success. Located minutes from everywhere the city has to offer, this is your chance to own a prime multifamily asset in one of Des Moines’ most sought-after neighborhoods. Don’t let this opportunity pass you by! Offered at $499,900. Building SF: 4269 | Land Size: 7500.0 SF | Listing Type: FOR SALE

Market Context

This multifamily in Des Moines, IA is listed for sale at $499,900 across 4,269 SF. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Des Moines, IA — <a href="/search/sale/multifamily/iowa/des-moines">view the full market</a>.

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