1137 26th Street Des Moines, IA 50311

1137 26th Street, Des Moines, IA, 50311

$637,480

For Sale

$637,480

Renovated 12-unit multifamily property near Drake University and Downtown.

Days on Market115

Property Features for 1137 26th Street

General Information

Standard status: Active
Property subtype: Multifamily

Listing Agency

Listed by Clark Matthews

Source Cbre

Added: Mar 25 Checked: Jul 17 at 5:30 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Clark Matthews

Investment Insights

Based on property information with market context.

This multifamily property, originally built in 1895 and renovated in 2015, features 12 units consisting of 6 studios and 6 one-bedroom, one-bathroom apartments. The property is located across the street from Drake University and neighbors a newly constructed mixed-use development and hotel. Situated less than 5 minutes from Downtown Des Moines, the location provides walkable access to various dining and entertainment options. A new roof is planned for installation in 2025.

Key Highlights

Completely renovated in 2015
New roof in 2025
Across the street from Drake University

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Similar For Sale Nearby

$590,000

3,499 SF

Side-by-Side Duplex Portfolio

Two side-by-side duplexes offer four 3-bedroom units with finished basements and tenant-paid utilities.

707 & 715 E Mckinley Avenue, Des Moines, IA 50315

View Details
$2,150,000

10,500 SF

Heavy Industrial Warehouse with Office

Warehouse with heavy industrial zoning, finished office space, and multiple loading doors for practical industrial operations.

4485 Northeast 22nd Street, Des Moines, IA 50313

View Details
$469,900

4,135 SF

Duplex with Separate Driveways

Duplex on a nearly half-acre lot with separate driveways, updated interiors, and a detached two-car garage.

2525 51st Street, Des Moines, IA 50310

View Details
$385,000

3,367 SF

Des Moines Multifamily Investment Opportunity

Five-unit property in Kingman neighborhood with off-street parking.

2931 Kingman Boulevard, Des Moines, IA 50311

View Details
$595,000

3,967 SF

Grand Avenue Multifamily Investment

Multi-family property with strong income potential in desirable Grand Avenue.

3103 Grand Avenue, Des Moines, IA 50312

View Details
$550,000

3,499 SF

Duplex Portfolio with Four Units

Two side-by-side duplexes offer four 3-bedroom units with finished basement space and tenant-paid utilities.

801 & 807 E Mckinley Avenue, Des Moines, IA 50315

View Details
$590,000

One-Story Standalone Office Building

Standalone one-story office building with nine private offices, reception, conference room, and parking for up to 31 vehicles.

2721 SW 30th Street, Des Moines, IA 50321

View Details
$280,000

1,404 SF

All-Brick Duplex with Detached Garage

Well-maintained duplex with detached 2-car garage and updated roof and central air systems.

1000 Hoffman Avenue, Des Moines, IA 50316

View Details
$290,000

1,856 SF

Walkout Duplex with Rental Certificate

Two rented units in a walkout duplex with multiple recent mechanical updates and a valid rental certificate.

815 E Mckinley Avenue, Des Moines, IA 50315

View Details
$195,000

1,586 SF

Duplex with Two Income Units

Two separate residential units with included appliances, detached two-car garage access, and recent exterior and HVAC updates.

1019/1021 Kirkwood Avenue, Des Moines, IA 50315

View Details
$119,000

2,842 SF

Central Duplex Income Property

Duplex with a 3-bedroom and a 2-bedroom unit, each offering in-unit laundry and one bathroom.

1448 8th Street, Des Moines, IA 50314

View Details
$310,000

2,509 SF

Des Moines Fourplex Investment Opportunity

Fourplex near Drake College, ideal for investors or owner-occupants.

1148 36th Street, Des Moines, IA 50311

View Details