658 18th Street, Des Moines, IA 50314

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
658 18th Street,Des Moines, IA 50314
$450,000
  • 5 Beds
  • 6 Baths
  • 2,988 sq. ft.
  • Multi-family
  • Active
Listed by: darson grantham, eric fitzgerald
Office: keller williams realty gdm
MLS#:737568
Source:IA_DMAAR

Price summary

  • Price:$450,000
  • Price per sq. ft.:$150.6

About this home

Gross rent $4,935 - Fully occupied 6-plex in the heart of Sherman Hill with separate gas and electric meters for each unit. Property features a mix of unit layouts, multiple kitchens and baths, and a shared basement with on-site laundry. Classic structure with solid bones offering opportunity for future improvements over time. Well-located in one of Des Moines’ most established neighborhoods with close proximity to downtown, Ingersoll, and major employers, supporting consistent rental demand. Financials available upon request

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Home facts

  • Year built:1880
  • Listing ID #:737568
  • Added:1 day(s) ago
  • Updated:April 07, 2026 at 08:49 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:6
  • Full bathrooms:6
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,988 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Gas, Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1880
  • Building area:2,988 sq. ft.
  • Lot area:0.17 Acres
  • Architectural Style:Two Story
  • Construction Materials:Wood Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$150.6
  • Tax amount:$3,961