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    Property profile & analytics

    677 16th St Des Moines, IA 50314-1636

    • Apartment buildings
    • 22,608 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Location Intelligence
    Property ID
    US25-0404342
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Harrington Apartments / Apartment Building
    • Donnie's / Apartment Building

    Property Details for 677 16th St

    Year built
    2007
    Construction
    FRAME
    Lot size
    0.73 lot acres
    Property size
    22,608 SF
    Zone code
    R-HD
    Property type
    Apartment buildings
    APN
    030/04681-001-000
    APU
    3004681001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $615,000

    • CAP approach

      CAP return
      Estimation
      6%
      $590,000
      6.5%
      $525,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $420,000
      Mixed-Use
      $430,000
      Hospitality
      $545,000
      Educational
      $535,000
      Residential Income
      $490,000
      Energy
      $510,000
      Income-Based Land
      $515,000
      Food Service
      $490,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6386
    Latitude
    41.5895
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $33,416
    $83,900
    $294,400
    $378,300
    -
    $83,900
    $294,400
    $378,300

    Comparable in this City

    • Value Estimation by Request
      9,660 SF

      1245 6th Ave

      APARTMENT HOUSE (5+ UNITS) • 9,660 SF
      1245 6th Ave, Des Moines, IA 50314-2718
      View Details
    • Value Estimation
      $3,615,000
      19,017 SF

      851 19th St

      APARTMENT HOUSE (5+ UNITS) • 19,017 SF
      851 19th St, Des Moines, IA 50314-1134
      View Details
    • Value Estimation
      $460,000
      56,880 SF

      979 Oakridge Dr

      APARTMENT HOUSE (5+ UNITS) • 56,880 SF
      979 Oakridge Dr, Des Moines, IA 50314-2194
      View Details
    • Value Estimation
      $240,000
      9,504 SF

      821 19th St

      APARTMENT HOUSE (5+ UNITS) • 9,504 SF
      821 19th St, Des Moines, IA 50314-1173
      View Details
    • Value Estimation by Request
      6,360 SF

      1427 5Th Ave

      Multifamily properties • 6,360 SF
      1427 5Th Ave, Des Moines, IA 50314
      View Details
    • Value Estimation by Request

      1800 9Th St

      Multifamily properties
      1800 9Th St, Des Moines, IA 50314
      View Details

    Similar Nearby for Sale

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      Fully rented multifamily property in Des Moines, Iowa.
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      Three-unit property in Des Moines, generating $2,300 monthly income.
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      Des Moines Land Opportunity

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    Similar Nearby for Lease

    • $16 SF/Yr
      3,906 SF

      Downtown Des Moines Office Space

      Office space for rent in historic Insurance Exchange Building.
      501 5Th Ave, Des Moines, IA 50314
      View Details
    • $22 SF/Yr
      2,217 SF

      Renovated Office Building in Sherman Hills

      Historically renovated office building suitable for office or medical use.
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      View Details
    • $12 SF/Yr
      3,099 SF

      Des Moines Office Space Available

      Office space available for lease in Des Moines, Iowa.
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      View Details
    • $9 SF/Yr
      7,920 SF

      Central Des Moines Retail Flex

      Versatile retail flex building in Des Moines' Central Business District.
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      View Details
    • $12 SF/Yr
      3,099 SF

      Des Moines Office Space Available

      Office space featuring private offices, conference room, and kitchenette.
      601 Forest Ave, Des Moines, IA 50314
      View Details
    • $10 SF/Yr
      4,200 SF

      Warehouse Space Available For Lease

      4,200 SF warehouse with office space and dock-high doors.
      1537 Vermont St, Des Moines, IA 50314
      View Details
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    677 16th St
    Des Moines, IA 50314-1636
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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