Reimagined 15-Unit Multifamily
409 E 9th Street Malvern, IA 51551
For Sale
$3,000,000
MULTI_FAMILY - Malvern, IA
Property Size17 SF
Lot Size1.71 Acres
Price / SF$176,470
Days on Market286
Property Features for 409 E 9th Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
41
Bathrooms
24
Rooms
Bathroom 5, Bedroom 12, Bathroom 6, Bathroom 9, Bedroom 25, Bedroom 31, Bedroom 39, Bedroom 29, Bedroom 41, Bedroom 24, Bathroom 21, Bedroom 26, Bedroom 13, Bedroom 20, Bathroom 22, Bathroom 1, Bathroom 13, Bedroom 36, Bedroom 2, Bedroom 15, Bathroom 17, Bathroom 24, Bedroom 14, Bedroom 28, Bathroom 11, Bathroom 19, Bathroom 14, Bedroom 33, Bedroom 40, Bedroom 35, Bathroom 15, Bedroom 32, Bathroom 7, Bathroom 12, Bedroom 6, Bedroom 9, Bedroom 19, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 37, Bathroom 3, Bedroom 23, Bathroom 20, Bathroom 4, Bedroom 1, Bedroom 10, Bedroom 8, Bathroom 8, Bedroom 22, Bathroom 18, Bathroom 23, Bedroom 30, Bedroom 34, Bathroom 10, Bedroom 11, Bedroom 17, Bedroom 5, Bedroom 27, Bedroom 38, Bedroom 21, Bathroom 16, Bedroom 18, Bedroom 16, Bathroom 2
Standard status
Active
Size
17 SF
Lot size
1.71 Acres
Building Details
Year built
1970
Listing Agency:
Jim Hughes Real Estate
(712) 527-3114
Listed By:
Julie O'hara
(712) 527-3114
Added: Oct 17, 2025
Changed: Jul 29
Last Checked: Jul 29 at 4:06PM
MLS# 11592465
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.
This reimagined 15-unit multifamily building is designed for efficient ownership with upgraded, modern interiors. Units feature custom trim and crown molding, along with contemporary kitchens and baths with glass tile backsplashes. The property also includes practical in-unit systems, with each unit having its own HVAC system, breaker box, and on-demand water heater.
Recent improvements include new (2024) electrical, plumbing, roof, and outdoor improvements/landscaping, supporting a more manageable maintenance profile. The building is offered for sale in Malvern, Iowa, within Mills County.
With a complete combination of interior updates and new exterior and mechanical work, the property presents as a turn-key multifamily option for qualified investors and operators.
Recent improvements include new (2024) electrical, plumbing, roof, and outdoor improvements/landscaping, supporting a more manageable maintenance profile. The building is offered for sale in Malvern, Iowa, within Mills County.
With a complete combination of interior updates and new exterior and mechanical work, the property presents as a turn-key multifamily option for qualified investors and operators.
Key Highlights
- 15‑unit multifamily property, originally built in 1970
- Each unit has its own HVAC system, breaker box, and on‑demand water heater
- New 2024 electrical improvements
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Turn-key 15-unit multifamily property with individual HVAC, on-demand water heaters, and recent electrical, plumbing, roof, and outdoor improvements.
Where is this apartment building located?
The property is located at 409 E 9th Street Malvern, IA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 15‑unit multifamily property, originally built in 1970; Each unit has its own HVAC system, breaker box, and on‑demand water heater; New 2024 electrical improvements
