Investor Special, Value-Add Opportunity Near Downtown Des Moines!
1430 8th St is a 6-unit multifamily property now fully vacant and cleared, offering a rare opportunity for investors to renovate and reposition for maximum returns. Previously configured as six 1-bedroom units, this property is ready for updates and lease-up. Located just minutes from downtown with convenient access to shopping, dining, and major employers, this area supports strong rental demand. Separate utilities already in place add to the investment appeal. Ideal for fix-and-hold for portfolio expansion. Opportunities like this fully vacant and ready for improvements are hard to find. Contact for details and potential rental projections.
For sale
Price cut: $15K (5/14)
$154,000
1430 8th St, Des Moines, IA 50314
6beds
2,430sqft
Multi Family
Built in 1893
-- sqft lot
$-- Zestimate®
$63/sqft
$-- HOA
What's special
- 62 days |
- 292 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Crystal Arguello (515)494-9388,
Realty ONE Group Impact
Source: DMMLS,MLS#: 739740
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air, Gas
Cooling
- Window Unit(s)
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,430
- Total interior livable area: 2,430 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,274 Square Feet
- Dimensions: 52 x 140
Details
- Parcel number: 08000543000000
- Zoning: R1-60
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Year built: 1893
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $63/sqft
- Tax assessed value: $161,000
- Annual tax amount: $3,035
- Date on market: 5/1/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Price change | $154,000-8.9%$63/sqft |
Source:  DMMLS #739740 Report a problem | ||
| 5/1/2026 | Listed for sale | $169,000+35.2%$70/sqft |
Source: DMMLS #739740 Report a problem | ||
| 3/13/2025 | Sold | $125,000$51/sqft |
Source: DMMLS #711519 Report a problem | ||
| 2/26/2025 | Pending sale | $125,000$51/sqft |
Source: DMMLS #711519 Report a problem | ||
| 2/13/2025 | Listed for sale | $125,000+51.5%$51/sqft |
Source: DMMLS #711519 Report a problem | ||
| 11/3/2020 | Sold | $82,500-2.9%$34/sqft |
Source: DMMLS #609628 Report a problem | ||
| 9/23/2020 | Pending sale | $85,000$35/sqft |
Source: Twenty/20 Real Estate #609628 Report a problem | ||
| 9/14/2020 | Listed for sale | $85,000$35/sqft |
Source: Twenty/20 Real Estate #609628 Report a problem | ||
| 7/14/2020 | Pending sale | $85,000$35/sqft |
Source: Twenty/20 Real Estate #609628 Report a problem | ||
| 7/11/2020 | Listed for sale | $85,000+165.6%$35/sqft |
Source: Twenty/20 Real Estate #609628 Report a problem | ||
| 5/6/2015 | Sold | $32,000-28.9%$13/sqft |
Source: Public Record Report a problem | ||
| 8/10/1998 | Sold | $45,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,547 +21% | $161,000 +8.1% |
| 2024 | $2,932 -7.2% | $149,000 |
| 2023 | $3,158 -14.5% | $149,000 +11.2% |
| 2022 | $3,692 +12.4% | $134,000 |
| 2021 | $3,284 -11% | $134,000 +21.8% |
| 2020 | $3,690 +14.5% | $110,000 |
| 2019 | $3,222 -6% | $110,000 +20.9% |
| 2018 | $3,428 | $91,000 |
| 2017 | $3,428 +2.3% | $91,000 +11% |
| 2016 | $3,350 | $82,000 |
| 2015 | $3,350 +2.6% | $82,000 +12.3% |
| 2014 | $3,264 | $73,000 |
| 2013 | -- | $73,000 |
| 2012 | -- | $73,000 |
| 2011 | -- | $73,000 -10.8% |
| 2010 | -- | $81,800 |
| 2009 | -- | $81,800 |
| 2008 | -- | $81,800 |
| 2007 | -- | $81,800 |
| 2006 | -- | $81,800 +25.1% |
| 2005 | -- | $65,400 +17% |
| 2003 | -- | $55,900 +40% |
| 2002 | -- | $39,940 |
| 2001 | -- | $39,940 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: River Bend
Nearby schools
GreatSchools rating
- 5/10Moulton Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 1/10Harding Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10North High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Des Moines Independent
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Polk County
- Des Moines
- 50314
- River Bend
- 1430 8th St
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Nearby neighborhoods
Nearby zip codes
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