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    Highland Park 7-Unit Multifamily Property Title is generated by Realmo AI

    3419 1st Street, Des Moines, IA 50313

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    Claim this Listing
    For Sale
    $289,900

    MULTI_FAMILY - Other - Des Moines, IA

    Property size:
    3,306 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $87/SF
    Added:
    Feb 25, 2026
    Days on Market:
    77
    Last Refresh:
    May 13 at 11:06 am

    Property Features for 3419 1st Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    N5
    Bedrooms
    5
    Bathrooms
    7
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 5, Bedroom 1, Bedroom 4, Bedroom 2, Basement, Bedroom 5, Bathroom 3, Bathroom 6, Bathroom 7, Bathroom 4, Bedroom 3
    Parking features
    Garage
    Appliances
    Refrigerator, Stove
    Standard status
    Active
    APN
    07002137000000
    Size
    3,306 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    LOT 15 & S 1/2 LOT 16 BLK 28 HIGHLAND PARK
    Tax Annual Amount
    5579

    Utilities

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

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    7
    Building materials
    VinylSiding
    Roof type
    Shingle, Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Ryan Rivera
    Ryan Rivera

    Listing agent Ryan Rivera

    Listing office Zealty Home Advisors 2524 Post Street, West Des Moines, IA

    Listing date Feb 25, 2026

    MLS# 735080 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

    • Strong, consistent income from 7 fully leased units with a solid rental history.
    • Current rental certificate in place, ensuring compliance and immediate operation.
    • Prime Highland Park location with easy access to public transportation, shopping, and laundromat.
    • Separately metered utilities for simplified management and tenant billing.
    • Recent upgrades including a new roof, new sewer line, and backflow system (installed in 2025).
    • Off‑street parking and easy tenant access.

    Overview

    Located in the Highland Park area, this 7-unit multifamily property presents an investment opportunity. The property, originally a single-family home, has been converted into a 7-plex featuring a mix of unit sizes. The property is fully leased with a documented rental history. Utilities are separately metered. The property includes off-street parking and tenant access. Several units have been refreshed recently. The property is located near public transportation, shopping, and a laundromat. A new roof, new sewer line, and backflow system are planned for 2025. The property has a current rental certificate. The lot size is 0.226 acres and the property size is 3306 square feet. The property is located in Des Moines, Iowa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Des Moines Plumbing Plumbing Service Life Reaction Training Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.618388
    Latitude
    41.626562

    FAQs

    What type of property is this?
    Apartment building - Turnkey investment property in Des Moines' Highland Park neighborhood.
    Where is this apartment building located?
    The property is located at 3419 1st Street Des Moines, IA.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: Strong, consistent income from 7 fully leased units with a solid rental history.; Current rental certificate in place, ensuring compliance and immediate operation.; Prime Highland Park location with easy access to public transportation, shopping, and laundromat.
    More about this property
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