3419 1st Street, Des Moines, IA 50313

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
3419 1st Street,Des Moines, IA 50313
$249,900
  • 5 Beds
  • 7 Baths
  • 3,306 sq. ft.
  • Multi-family
  • Pending
Listed by:angela ousley
Office:zealty home advisors
MLS#:716291
Source:IA_DMAAR

Price summary

  • Price:$249,900
  • Price per sq. ft.:$75.59

About this home

Investor’s dream in the heart of Highland Park! This fully occupied 7-unit multi-family property offers strong, consistent income and holds a current rental certificate, making it a perfect turnkey addition to your portfolio. Originally a single-family home, this property has been thoughtfully converted into a 7-plex with a mix of unit sizes, offering steady demand in a highly rentable location. 7 total units – fully leased with strong rental history. Current rental certificate in place – compliant and ready to go. Separately metered utilities. Prime Highland Park location – steps to public transportation, shopping, laundromat. Off-street parking and easy tenant access. Solid income-producing property, whether you're a seasoned investor or just getting started, this property offers stability, great location, and future upside.

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Home facts

  • Year built:1890
  • Listing Id #:716291
  • Added:112 day(s) ago
  • Updated:August 06, 2025 at 07:25 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:7
  • Full bathrooms:7
  • Living area:3,306 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1890
  • Building area:3,306 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,900
  • Price per sq. ft.:$75.59
  • Tax amount:$5,586