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Multifamily Investment Opportunity Near Downtown

1430 8th Street, Des Moines, IA 50314

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For Sale

$154,000

MULTI_FAMILY - Other - Des Moines, IA

Property size:

2,430 SF

Lot size:

0.17 Acres

Price / SF:

$63/SF

HighLights

6‑unit multifamily property at 1430 8th St, fully vacant and cleared
Previously configured as six 1‑bedroom units; ready for updates and lease‑up
Built in 1893 with wood siding exterior
Separate utilities already in place
Public water and public sewer
Heating: natural gas forced air; cooling: window unit(s)

We can help!

Listing Contact

Crystal Arguello

For Sale

$154,000

MULTI_FAMILY - Other - Des Moines, IA

Property size:

2,430 SF

Lot size:

0.17 Acres

Price / SF:

$63/SF

Added:: May 1, 2026
Days on Market:: 52
Last Refresh:: Jun 21 at 4:06 pm

Property Features for 1430 8th Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R1-60
Bedrooms: 6
Bathrooms: 6
Rooms: Bedroom 4, Bathroom 4, Bathroom 6, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 5, Basement, Bedroom 3, Bedroom 5, Bedroom 1
Standard status: Active
APN: 08000543000000
Size: 2,430 SF
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Description: LOT 8 BUTTS SUB DIV
Tax Annual Amount: 3035

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Forced Air
Cooling system: Window Unit(s)
Water source: Public

Building Details

Year built: 1893
Floors in Building: 2
Building materials: WoodSiding
Architectural style: Other

We can help!

Listing Contact

Crystal Arguello

Listing agent Crystal Arguello

Listing office Realty ONE Group Impact 140 S 68th St., Ste. 1105, West Des Moines, IA

Listing date May 1, 2026

MLS# 739740 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.

HighLights

6‑unit multifamily property at 1430 8th St, fully vacant and cleared
Previously configured as six 1‑bedroom units; ready for updates and lease‑up
Built in 1893 with wood siding exterior
Separate utilities already in place
Public water and public sewer
Heating: natural gas forced air; cooling: window unit(s)

Overview

Located near downtown Des Moines, 1430 8th St is a six-unit multifamily property, now fully vacant and cleared. Previously configured as six 1-bedroom units, the 2,430 square feet property presents an opportunity for investors to renovate and reposition it. The property is situated on a 0.167-acre lot. The R1-60 zoned property is located minutes from downtown with convenient access to shopping, dining, and major employers. Separate utilities are already in place. This property is ideal for fix-and-hold for portfolio expansion.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Des Moines
County: Polk
State: Iowa
Longitude: -93.628355
Latitude: 41.605146

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For sale
Apartment buildings
IA
Des Moines
50314
1430 8th Street

What type of property is this?

Apartment building - Six-unit multifamily property, fully vacant, ready for renovation and lease-up.

Where is this apartment building located?

The property is located at 1430 8th Street Des Moines, IA.

What is the asking price?

The asking price for this property is $154,000.

What are key features of this property?

This property features: 6‑unit multifamily property at 1430 8th St, fully vacant and cleared; Previously configured as six 1‑bedroom units; ready for updates and lease‑up; Built in 1893 with wood siding exterior

1430 8th Street, Des Moines, IA 50314

MULTI_FAMILY - Other - Des Moines, IA

Property Features for 1430 8th Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Grand Avenue Multifamily Investment

Duplex Portfolio with Shared Drive

Updated Duplex with Bonus Space

Des Moines Multifamily Investment Opportunity

Side-by-Side Duplex Portfolio

Turnkey Multifamily Investment

Walkout Duplex with Rental Certificate

Duplex with Two Income Units

Des Moines Fourplex Investment Opportunity

Spacious Ranch Home with Potential

Converted Victorian Five-Unit Property

Income-Producing Multifamily Property in Des Moines

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