3419 1st Street, Des Moines, IA 50313

Des Moines
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
3419 1st Street,Des Moines, IA 50313
$300,000
  • 5 Beds
  • 7 Baths
  • 3,306 sq. ft.
  • Multi-family
  • Active
Listed by: ryan rivera, angela ousley
Office: zealty home advisors
MLS#:735080
Source:IA_DMAAR

Price summary

  • Price:$300,000
  • Price per sq. ft.:$90.74

About this home

Investor’s dream in the heart of Highland Park! This 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. Several units have been refreshed within the last few months. Added bonus of New Roof, New Sewer Line and Backflow system in 2025. 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 #:735080
  • Added:1 day(s) ago
  • Updated:February 25, 2026 at 10:55 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:7
  • Full bathrooms:7
  • Kitchen Description:Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Unfinished
  • 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
  • Lot Features:Rectangular Lot
  • Architectural Style:Two Story
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$90.74
  • Tax amount:$5,579 (2026)

Features and amenities

  • Appliances:Refrigerator, Stove

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