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Six-Unit Apartment Building
For Sale
$129,000

1430 8th Street, Des Moines, IA 50314

MULTI_FAMILY - Other - Des Moines, IA

Property Size2,430 SF
Lot Size0.17 Acres
Price / SF$53.09
Days on Market102

Property Features for 1430 8th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1-60
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 5, Bedroom 4, Bathroom 6, Bathroom 3, Basement, Bathroom 4
Elementary school district Des Moines Independent
Middle school district Des Moines Independent
High school district Des Moines Independent
Directions Head North on MLK Jr. Pkwy: Continue northbound on MLK Jr. Pkwy for approximately 1 mile. Turn Right onto Clark Street: After about a mile, turn right onto Clark Street. Turn Left onto 8th Street: Proceed west on Clark Street for a short distance, then turn left onto 8th Street. Arrive at 1430 8th Street: Continue south on 8th Street; 1430 will be on your right.
Subdivision Des Moines N.West
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
Legal Description LOT 8 BUTTS SUB DIV

Utilities

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

Building Details

Year built 1893
Floors in Building 2
Flooring type Tile
Building materials WoodSiding
Architectural style Other
Listing Agency: Realty ONE Group Impact
Listed By: Crystal Arguello · License #S653305000
Added: May 1 Changed: Aug 3 Last Checked: Aug 10 at 5:06PM
MLS# 739740

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.

Investment Insights

Based on property information with market context.

Apartment buildings investment opportunity featuring a 6-unit configuration. The property is fully vacant and has been cleared, and it was previously configured as six 1-bedroom units, ready for updates and lease-up.

Site details include a 0.167-acre lot. Separate utilities are already in place. The building features wood siding, tile flooring, forced-air heating with natural gas, and window unit cooling.

Core services are provided through public water and public sewer. Built in 1893, this property is positioned for an owner to complete renovations and reintroduce units to the rental market.

Key Highlights

  • Fully vacant and cleared 6‑unit apartment building
  • Previously configured as six 1‑bedroom units
  • 0.167‑acre lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Accounting Firm Kitchen & Bath Showroom Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,176
Businesses Nearby

Demographics for 50314, IA

11,764
Population
4,780
Households
2.5
Avg Household Size
31
Median Age
15%
College-Educated
72%
High-School Grad
2.5 sq mi
ZIP Area
4,706
Density / Sq Mi
$38,511
Median Household Income
$30,314
Median Earnings
$977
Median Rent
$146,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Vacant six-unit apartment building on a cleared 0.167-acre site, previously set up as six one-bedroom units.
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 $129,000.
What are key features of this property?
This property features: Fully vacant and cleared 6‑unit apartment building; Previously configured as six 1‑bedroom units; 0.167‑acre lot
More about this property
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