Four-Unit Multifamily
For Sale
Under Contract
$99,000
1358 22nd Street, Des Moines, IA 50311
MULTI_FAMILY - Des Moines, IA
Property Size2,009 SF
Lot Size0.21 Acres
Price / SF$49.28
Days on Market174
Property Features for 1358 22nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1
Subdivision
Carpenter
High school district
Des Moines
Standard status
Active Under Contract
Size
2,009 SF
Lot size
0.21 Acres
Building Details
Year built
1897
Floors in Building
2
Listing Agency:
NEXT GENERATION REALTY, INC.
(515) 224-9900
Listed By:
Brad Kline
(515) 554-3484
Added: Mar 2
Changed: Aug 3
Last Checked: Aug 23 at 1:06PM
MLS# 11665130
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Four separate apartment units make this a quadplex-style multifamily property designed for rental use in the Des Moines area. The home contains a total of 2,009 square feet of living space across the units and is supported by a residential room mix that includes multiple bedrooms and bathrooms. Built in 1897, the property is in need of some TLC, offering room for updates and improvements.
The property is located at 1358 22nd Street in Des Moines, in Polk County. It sits on a 0.21-acre lot and is described as being just minutes from Drake University, with access to shopping, dining, and public transportation.
For buyers or investors looking for a four-unit residential income building with multiple apartment units, this layout supports either student housing, long-term rentals, or a combination of both, depending on how the units are managed.
The property is located at 1358 22nd Street in Des Moines, in Polk County. It sits on a 0.21-acre lot and is described as being just minutes from Drake University, with access to shopping, dining, and public transportation.
For buyers or investors looking for a four-unit residential income building with multiple apartment units, this layout supports either student housing, long-term rentals, or a combination of both, depending on how the units are managed.
Key Highlights
- Four separate apartment units totaling 2,009 square feet
- 0.21‑acre lot at 1358 22nd Street, Des Moines, IA 50311
- Built in 1897
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Explore this area
Business Placement
Demographics for 50311, IA
14,782
Population
7,180
Households
2.1
Avg Household Size
30
Median Age
41%
College-Educated
94%
High-School Grad
2.6 sq mi
ZIP Area
5,685
Density / Sq Mi
$63,233
Median Household Income
$35,086
Median Earnings
$1,019
Median Rent
$228,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separate apartment units in a 1897-built multifamily property needing some TLC near Drake University.
Where is this quadplex located?
The property is located at 1358 22nd Street Des Moines, IA.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Four separate apartment units totaling 2,009 square feet; 0.21‑acre lot at 1358 22nd Street, Des Moines, IA 50311; Built in 1897
