3419 First Street, Des Moines, Iowa 50313

IA, Des Moines
$279,900
  • Commercial Sale Property Type
  • 1890 Year Built
  • Active Status
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.
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6338712
  • Price: $279,900
  • Year Built: 1890
  • Status: Active
  • Office Name: Zealty Home Advisors
  • Agent Name: Amber Lesnick
  • Property Sub Type: Apartment
Features
  • Heating System Hot Water
  • Parking Detached Garage,Outside
  • Sewer City Sewer/Connected
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
Address Map
  • Country US
  • State IA
  • County Polk
  • City Des Moines
  • Zipcode 50313
  • Street: First
  • Street Number: 3419
  • Street Suffix: Street
  • Longitude: W94° 22' 53.6''
  • Latitude: N41° 37' 35.7''
  • Directions: Euclid to 1st St, South to home.
  • Zoning: Residential-Multi-Family
Additional Information
  • Accessibility Features: None
  • Construction Materials: Vinyl Siding
  • Current Use: Residential
  • Garage: 2
  • Lot Size Dimensions: 75x131
  • Number Of Units Total: 7
  • Possible Use: Other
  • Previous Price: 279900
  • Water Source: Public
Financial
  • Tax Annual Amount: 5579
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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