702 20th Street, Des Moines, IA 50314
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
702 20th Street,Des Moines, IA 50314
$2,150,000
- 21 Beds
- 19 Baths
- 12,392 sq. ft.
- Multi-family
- Active
Listed by: timothy schutte, salkic-schutte, jasmina
Office: exit realty & associates
MLS#:727368
Source:IA_DMAAR
Price summary
- Price:$2,150,000
- Price per sq. ft.:$173.5
About this home
Investment Opportunity in Historic Sherman Hill offering total of 17 units. Rare chance to own a fully remodeled multi-unit property in one of the city’s most desirable neighborhoods. The three-story apartment building was historically remodeled in 2022 w new framing, plumbing, electric, and all interior finished. This building offers 15 units: 9 one-bedroom, 3 two-bedroom, and 3 studio apartments—each with a full bathroom and modern kitchen equipped with stove, refrigerator, microwave, and dishwasher. Residents also enjoy convenient on-site coin-operated laundry. The duplex was fully remodeled in 2019 and has 2 - 3 bedrooms, 2 bathrooms, and an in-unit washer and dryer. Located in the heart of Sherman Hill, this property is close to shops, restaurants, and provides quick access to the interstate. A turnkey investment with strong rental potential in a prime location!
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Home facts
- Year built:1989
- Listing ID #:727368
- Added:44 day(s) ago
- Updated:November 15, 2025 at 06:13 PM
Rooms and interior
- Bedrooms:21
- Total bathrooms:19
- Full bathrooms:17
- Living area:12,392 sq. ft.
Heating and cooling
- Cooling:Geothermal
- Heating:Baseboard, Electric, Heat Pump
Structure and exterior
- Roof:Rolled Hot Mop
- Year built:1989
- Building area:12,392 sq. ft.
- Lot area:0.18 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,150,000
- Price per sq. ft.:$173.5
- Tax amount:$6,234
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