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Sherman Hill Multifamily Investment

686 19th Street Des Moines, IA 50314

686 19th Street, Des Moines, IA, 50314
$499,900
For Sale
$499,900

Historic Des Moines multifamily property with immediate returns.

Property Size5,692 SF
Lot Size0.17 Acres
Price / SF$87.83
Days on Market333

Property Features for 686 19th Street

General Information

Standard status
Active
Size
5,692 SF
Lot size
0.17 Acres
Property subtype
MF, MF-GARD
Listing Agency KW Commercial Greater Des Moines
Listed by Mick Grossman · License #S43534000
Source Realnex
Added: Aug 19, 2025 Checked: Jul 6 at 12:16 pm

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Greater Des Moines


Investment Insights

Based on property information with market context.

Located in Des Moines’ historic Sherman Hill neighborhood, this multifamily property was built in 1913. The mid-rise building offers 5,692 square feet of living space. It features six one-bedroom units with hardwood flooring and natural light. The property is situated on a 7,462 square foot lot and is zoned NX2A. The property has a 100% occupancy rate. It is located minutes from city amenities. This property presents an opportunity to own a multifamily asset in Des Moines’ sought-after neighborhoods.

Key Highlights

  • 100% Occupancy Rate: Provides immediate rental income.
  • Prime Location: Situated in the desirable Sherman Hill neighborhood, close to city amenities.
  • Investment Opportunity: Rare chance to own a multifamily property in a sought‑after area.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store Plumbing Service (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

FAQs

What type of property is this?
Apartment building - Historic Des Moines multifamily property with immediate returns.
Where is this apartment building located?
The property is located at 686 19th Street Des Moines, IA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 100% Occupancy Rate: Provides immediate rental income.; Prime Location: Situated in the desirable Sherman Hill neighborhood, close to city amenities.; Investment Opportunity: Rare chance to own a multifamily property in a sought‑after area.
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