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    The Largest CRE Database in the US with Over 1 Million Listings

    782 NE 71St St Pleasant Hill, IA 50327

    Sponsored
    For Sale
    $437,500

    MULTI_FAMILY - Ranch - Pleasant Hill, IA

    Type:Duplex
    Property size:
    1,563 SF
    Lot size:
    0.16 Acres
    Days on Market:
    31
    Last Refresh:
    Feb 4 at 1:06 am

    Property Features for 782 NE 71St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    Res
    Rooms
    Basement, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1, Dining Room, Bedroom 4, Bathroom 2, Bedroom 2
    Bedrooms
    4
    Bathrooms
    3
    APN
    22100212150027
    Parking features
    Garage
    Patio and Porch features
    Deck
    Interior features
    DiningArea, EatInKitchen, Fireplace
    Exterior features
    Deck, SprinklerIrrigation
    Fireplace
    1
    Appliances
    Dishwasher, Microwave, Refrigerator, Stove
    Size
    1,563 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2024
    Floors in Building
    1
    Flooring type
    Carpet, Tile
    Building materials
    CementSiding, Stone
    Roof type
    Shingle, Asphalt
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Andrew DePhillips
    Andrew DePhillips

    RE/MAX Concepts (515) 276-2872

    Listing agent Andrew DePhillips (515) 276-2872

    Listing date Jan 5, 2026

    MLS# 725403 Listing URL

    Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Ranch Duplex with Pond View

    This ranch duplex, situated in a desirable Pleasant Hill location, backs onto a pond. The open floor plan combines luxury with functionality. The living area features a gas tile surround fireplace, built-ins, and oversized windows that provide abundant natural light. The kitchen is equipped with ample white cabinetry, LG stainless steel appliances including a gas range and hood vent, quartz counters, a center island, and a pantry. A spacious dining area provides access to a large covered composite Trex deck that overlooks the backyard and pond. The primary en-suite offers views, a tray ceiling, dual vanity, a walk-in tile shower, and a walk-in closet. An additional bedroom with a vaulted ceiling, a full bathroom with a tub tile surround, and a laundry area with storage cabinetry complete the main level. The lower level includes a second living space, a 3/4 bathroom, two additional bedrooms, and ample storage. The lower level is stubbed for a wet bar. The property includes an extended two-car garage and requires minimal maintenance. The deck and backyard are suited for outdoor enjoyment and hosting. The property is located near dining, shopping, and schools. The property size is 1563 square feet and the lot size is 0.161 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pleasant Hill
    County
    Polk
    State
    Iowa
    Longitude
    -93.465662
    Latitude
    41.596497

    Nearby Similar for Sale

    • $1,721,750
      68.00 Acres

      68 Acres Development Land Opportunity

      68 acres of land ideal for development near Pleasant Hill.
      5917 SE 6Th Ave, Pleasant Hill, IA 50327
      View Details
    • New
      $300,000
      0.36 Acres

      Pleasant Hill Ranch-Style Duplex

      Well-maintained duplex with 3 bedrooms, 2 baths, and finished basement.
      4510 Concord Dr, Pleasant Hill, IA 50327
      View Details

    FAQs

    What type of property is this?
    Duplex - Modern duplex in Pleasant Hill backing to a pond.
    Where is this duplex located?
    The property is located at 782 NE 71St St Pleasant Hill, IA.
    What is the asking price?
    The asking price for this property is $437,500.
    What are key features of this property?
    This property features: - Pond View: Ranch duplex backing to a pond, offering scenic views and a tranquil setting.; - Modern Open Floor Plan: Seamlessly combines luxury with functionality, featuring a gas fireplace, built-ins, and oversized windows.; - Stylish Kitchen: Ample white cabinetry, LG stainless steel appliances with gas range & hood vent, quartz counters, a center island & pantry.
    (515) 707-1026
    Request Owner's contact information
    782 NE 71St St Pleasant Hill, IA 50327
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    Pleasant Hill, IA 50327
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    782 NE 71St St Pleasant Hill, IA 50327
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    We can help!
    Listing Contact
    Andrew DePhillips
    Andrew DePhillips
    Real Estate License ID: S60864000
    (515) 707-1026
    Learn more
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