3419 First ST, Des Moines, IA 50313
3419 First ST, Des Moines, IA 50313
3419 First ST, Des Moines, IA 50313
3419 First ST, Des Moines, IA 50313
3419 First ST, Des Moines, IA 50313
3419 First ST, Des Moines, IA 50313
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Listed by Amber Lesnick Zealty Home Advisors
Bought with Outside Agent- MIR Outside Agent- MIR Outside Office

$260,000

$279,900

7.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

SOLD DATE : 09/02/2026

Key Details

Sold Price $260,000

Property Type Commercial

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NOC6338712

Sold Date 09/02/26

Year Built 1890

Annual Tax Amount $5,579

Tax Year 2026

Lot Dimensions 75x131

Property Sub-Type Apartment

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.

Location

State IA

County Polk

Zoning Residential-Multi-Family

Direction Euclid to 1st St, South to home.

Interior

Heating Hot Water

Exterior

Parking Features Detached Garage, Outside

Garage Spaces 2.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

View Y/N true

Accessibility None

Total Parking Spaces 7

Building

Sewer City Sewer/Connected

Water Public

Structure Type Vinyl Siding

Schools

School District 1737 - Des Moines Independent

Others

Energy Description Natural Gas

Acceptable Financing NOC6338712

Listing Terms NOC6338712

Financing Conventional

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