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Sold
    • $290,000

    1418 E 9th St, Des Moines, IA 50316

    --beds
    0baths
    3,710sqft
    Multi Family
    Built in 1892
    -- sqft lot
    $292,600 Zestimate®
    $78/sqft
    $1,017 Estimated rent

    Home value

    $292,600

    $278,000 - $307,000

    $1,017/mo

    Zestimate® history
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    What's special

    Recent updatesFresh paintNewer flooringNewer windows
    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.

    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#: 6333582MLS Logo

    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 & HOA

    HOA
    • Has HOA: No
    • HOA name: MIR
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $78/sqft
    • Tax assessed value: $233,000
    • Annual tax amount: $4,179
    • Date on market: 11/10/2025
    • Cumulative days on market: 17 days

    Price history

    DateEventPrice
    3/26/2026Sold$290,000-3.3%$78/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6333582 Report a problem
    12/1/2025Pending sale$300,000$81/sqft
    Source: DMMLS #730158 Report a problem
    11/10/2025Listed for sale$300,000$81/sqft
    Source: DMMLS #730158 Report a problem
    10/26/2025Listing removed$300,000$81/sqft
    Source: DMMLS #719929 Report a problem
    9/17/2025Price change$300,000-2.9%$81/sqft
    Source: DMMLS #719929 Report a problem
    7/13/2025Price change$309,000-3.1%$83/sqft
    Source: DMMLS #719929 Report a problem
    6/30/2025Price change$319,000-6.2%$86/sqft
    Source: DMMLS #719929 Report a problem
    6/20/2025Price change$340,000-2.9%$92/sqft
    Source: DMMLS #719929 Report a problem
    6/12/2025Listed for sale$350,000+59.1%$94/sqft
    Source: DMMLS #719929 Report a problem
    12/20/2021Sold$220,000$59/sqft
    Source: DMMLS #637877 Report a problem
    9/28/2021Pending sale$220,000$59/sqft
    Source: DMMLS #637877 Report a problem
    9/17/2021Listed for sale$220,000+230.8%$59/sqft
    Source: DMMLS #637877 Report a problem
    7/18/1997Sold$66,500$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

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    Nearby schools

    GreatSchools rating
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    $292,600
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    +$5,852
    With Zillow Showcase(estimated)
    $298,452
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    +$5,852
    With Zillow Showcase(estimated)
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