Great cash flow opportunity in this perfectly located nice and well managed 4plex in the Heart of Des Moines, minutes to downtown. With this building being almost 4000 square feet, the units are very spacious! You have 2, 2bedroom 1 bath units. And 2, 1 bed 1 bath units. Tenants pay utilities with sperate meters. Each unit has its own separate, central air. Enjoy some recent updates fresh paint, newer flooring, and some newer windows. This property would be perfect for someone looking to house hack, buy and occupy, and only put 3% down! Or for any investor looking to add 4 units to their portfolio with room to raise rents! Call to set up a showing. All information obtained from seller and public records.
Sold
$290,000
1418 E 9th St, Des Moines, IA 50316
--beds
0baths
3,710sqft
Multi Family
Built in 1892
-- sqft lot
$289,400 Zestimate®
$78/sqft
$1,127 Estimated rent
Home value
$289,400
$275,000 - $304,000
$1,127/mo
Zestimate® history
Owner options
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$1,127/mo
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$1,127/mo
Rent Zestimate®
Refinance and save
$1,937/mo
Est. payment
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$1,937/mo
Est. payment
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List your homeWhat's special
Recent updatesFresh paintNewer flooringNewer windows
Zillow last checked:
Listing updated:
Listed by:
Gilbert Gonzales 641-691-2642,
RE/MAX Precision Marshalltown
Bought with:
Outside Agent- MIR Outside Agent- MIR, ***
Outside Office
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6333582
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 3,710 sqft
Property
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 0.32 Acres
- Dimensions: 65 x 216
Details
- Parcel number: 110/01241000000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Year built: 1892
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Des Moines
HOA & financial
HOA
- Has HOA: No
- Association name: MIR
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Sold | $290,000-3.3%$78/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6333582 Report a problem | ||
| 12/1/2025 | Pending sale | $300,000$81/sqft |
Source:  DMMLS #730158 Report a problem | ||
| 11/10/2025 | Listed for sale | $300,000$81/sqft |
Source: DMMLS #730158 Report a problem | ||
| 10/26/2025 | Listing removed | $300,000$81/sqft |
Source: DMMLS #719929 Report a problem | ||
| 9/17/2025 | Price change | $300,000-2.9%$81/sqft |
Source: DMMLS #719929 Report a problem | ||
| 7/13/2025 | Price change | $309,000-3.1%$83/sqft |
Source: DMMLS #719929 Report a problem | ||
| 6/30/2025 | Price change | $319,000-6.2%$86/sqft |
Source: DMMLS #719929 Report a problem | ||
| 6/20/2025 | Price change | $340,000-2.9%$92/sqft |
Source: DMMLS #719929 Report a problem | ||
| 6/12/2025 | Listed for sale | $350,000+59.1%$94/sqft |
Source: DMMLS #719929 Report a problem | ||
| 12/20/2021 | Sold | $220,000$59/sqft |
Source: DMMLS #637877 Report a problem | ||
| 9/28/2021 | Pending sale | $220,000$59/sqft |
Source: DMMLS #637877 Report a problem | ||
| 9/17/2021 | Listed for sale | $220,000+230.8%$59/sqft |
Source: DMMLS #637877 Report a problem | ||
| 7/18/1997 | Sold | $66,500$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,132 +2.2% | $233,000 +7.9% |
| 2024 | $4,044 +2.7% | $216,000 |
| 2023 | $3,938 -18.8% | $216,000 +22.7% |
| 2022 | $4,848 +12.7% | $176,000 |
| 2021 | $4,300 -11% | $176,000 +22.2% |
| 2020 | $4,830 -0.5% | $144,000 |
| 2019 | $4,852 -6% | $144,000 +5.1% |
| 2018 | $5,160 | $137,000 |
| 2017 | $5,160 +1.9% | $137,000 +10.5% |
| 2016 | $5,066 | $124,000 |
| 2015 | $5,066 +3% | $124,000 +12.7% |
| 2014 | $4,918 | $110,000 |
| 2013 | -- | $110,000 |
| 2012 | -- | $110,000 |
| 2011 | -- | $110,000 -11.3% |
| 2010 | -- | $124,000 |
| 2009 | -- | $124,000 |
| 2008 | -- | $124,000 |
| 2007 | -- | $124,000 |
| 2006 | -- | $124,000 +1.2% |
| 2005 | -- | $122,500 +3.8% |
| 2003 | -- | $118,000 +31.1% |
| 2002 | -- | $90,000 |
| 2001 | -- | $90,000 |
Find assessor info on the county website
Neighborhood: Capitol Park
Nearby schools
GreatSchools rating
- 6/10Carver Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 1/10Hiatt Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10East High SchoolGrades: 9-12Distance: 0.7 mi
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$289,400
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$295,188
- Iowa
- Polk County
- Des Moines
- 50316
- Capitol Park
- 1418 E 9th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Des Moines Topics
