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983 26th St Des Moines, IA 50312

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For Sale
$260,000

Well-maintained four-unit apartment building in Des Moines' Drake neighborhood.

Type:Multifamily
Property size:
2,160 SF
Added:
Feb 3, 2026
Days on Market:
57
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 983 26th St

General Information

Standard status
Active
Size
2,160 SF
Property subtype
Multifamily

Building Details

Year Built
1900

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Listing Contact
Kaden Smith

Listing agent Kaden Smith License #S73068000

Listing office York Companies

Listing date Feb 3, 2026

Source Crexi

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 York Companies


Overview

Des Moines Four-Unit Apartment Building

The property at 983 26th Street is a well-maintained four-unit apartment building. Each unit features one bedroom and one bathroom. Located in the Drake neighborhood of Des Moines, the area benefits from consistent rental demand and strong long-term growth fundamentals. The property offers in-place cash flow with long-term tenants. The building's location within the Invest DSM area provides additional upside potential through continued neighborhood reinvestment and improvement initiatives. The Drake area is popular among renters due to its proximity to Drake University, downtown Des Moines, major employment centers, and public transit. This property is suitable for investors seeking a proven, income-producing property in a central Des Moines location. The property size is 2160 square feet.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6518618
Latitude
41.5949465

FAQs

What type of property is this?
Quadplex - Well-maintained four-unit apartment building in Des Moines' Drake neighborhood.
Where is this quadplex located?
The property is located at 983 26th St Des Moines, IA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Solid in‑place cash flow with long‑term tenants.; Located in the Drake neighborhood, an area with consistent rental demand and strong long‑term growth fundamentals.; Four‑unit building (all 1‑bed 1‑bath).
More about this property
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