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3419 1st Street, Des Moines, IA 50313

$300,000

New Listing
  • MLS# 735080
  • Bedrooms 5
  • Bathrooms 7
  • Total Sq.ft 3,306
  • Property Type Multi-Family
  • Style TwoStory
  • Stories 2
  • Basement Unfinished
  • Year Built 1890

Property Description

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.

Legal: LOT 15 & S 1/2 LOT 16 BLK 28 HIGHLAND PARK
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Property Information

735080 $300,000 Sale TwoStory MultiFamily 3419 1st Street Des Moines Polk IA 50313 5 3306 7 7 2 Unfinished 3306 9825 Detached, Garage, TwoCarGar 2 Des Moines N.East 5579 2026 1890 Des Moines Independent

Features

Unfurnished RectangularLot TwoStory Refrigerator, Stove

Utilities

HotWater, NaturalGas Public PublicSewer WindowUnits No

Miscellaneous

VinylSiding

LISTED BY

Zealty Home Advisors, Ryan Rivera (515.554.5870) & Zealty Home Advisors, Angela Ousley (515.988.6609)

Property Location

Request Info For MLS #735080

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