7-Unit Apartment
For Sale
$279,900
Pending
3419 First Street, Des Moines, IA 50313
COMMERCIAL - Des Moines, IA
Property SizeContact for details
Days on Market97
Property Features for 3419 First Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning
Residential-Multi-Family
Parking features
Garage - Detached
Directions
Euclid to 1st St, South to home.
Standard status
Pending
APN
07002137000000
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 15 & S 1/2 LOT 16 BLK 28 HIGHLAND PARK
Tax Annual Amount
5579
Legal Description
LOT 15 & S 1/2 LOT 16 BLK 28 HIGHLAND PARK
Utilities
Heating system
Hot Water(Heating)
Water source
Public
Building Details
Year built
1890
Number of units
7
Building materials
Vinyl Siding
Listing Agency:
Zealty Home Advisors
(515) 329-4667
Listed By:
Amber Lesnick
(515) 229-3402
Added: May 26
Changed: Aug 19
Last Checked: Aug 30 at 4:06AM
MLS# 6338712
Copyright © 2026 NoCoast 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.
This 7-unit apartment property at 3419 First Street is housed in a building originally constructed as a single-family residence and later converted to multifamily use. The layout includes varied unit sizes, vinyl siding, hot water heating, public water service, and a detached garage. Several apartments were refreshed within the last few months, and the property includes off-street parking with convenient tenant access.
A current rental certificate is in place, and the units are fully leased. Utilities are separately metered. Capital improvements completed in 2025 include a new roof, new sewer line, and backflow system. The property is zoned Residential-Multi-Family and is located near public transportation, shopping, and a laundromat in Des Moines, Iowa.
A current rental certificate is in place, and the units are fully leased. Utilities are separately metered. Capital improvements completed in 2025 include a new roof, new sewer line, and backflow system. The property is zoned Residential-Multi-Family and is located near public transportation, shopping, and a laundromat in Des Moines, Iowa.
Key Highlights
- 7‑unit apartment property with a mix of unit sizes
- Fully leased with a current rental certificate in place
- Separately metered utilities and off‑street parking
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Explore this area
Business Placement
Demographics for 50313, IA
17,723
Population
7,674
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
86%
High-School Grad
18.1 sq mi
ZIP Area
979
Density / Sq Mi
$64,077
Median Household Income
$36,284
Median Earnings
$1,077
Median Rent
$161,800
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?
Apartment building - Fully leased property with separately metered utilities and a current rental certificate.
Where is this apartment building located?
The property is located at 3419 First Street Des Moines, IA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 7‑unit apartment property with a mix of unit sizes; Fully leased with a current rental certificate in place; Separately metered utilities and off‑street parking
