Welcome to a beautifully reimagined 15-unit multifamily property designed for efficient ownership and premium tenant appeal. Every unit showcases tasteful custom trim and crown molding, contemporary kitchens and baths with glass tile backsplashes and thoughtfully chosen finishes that balance style and durability. Each unit has its own HVAC system, breaker box and on-demand water heater. Includes new (2024) electrical, plumbing, roof and outdoor improvements/landscaping. A rare combination of aesthetic upgrades and practical, investor-friendly systems. This turn-key building checks the boxes: curb appeal, modern interiors and minimal upkeep.
For sale
Price cut: $100K (8/5)
$2,900,000
409 E 9th St, Malvern, IA 51551
41beds
17sqft
Multi Family, Apartment
Built in 1970
-- sqft lot
$-- Zestimate®
$170,588/sqft
$-- HOA
What's special
Curb appealModern interiorsContemporary kitchens and bathsGlass tile backsplashes
- 56 days
- 189
- 1
Zillow last checked:
Listing updated:
Listed by:
Julie O'hara 712-215-1506,
Jim Hughes Real Estate
Source: My State MLS,MLS#: 11592465
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 41
- Bathrooms: 24
- Full bathrooms: 24
Basement
- Area: 0
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Oven, Washer
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 17,400
- Total interior livable area: 17 sqft
- Finished area above ground: 17,400
Property
Lot
- Size: 1.71 Acres
Details
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Frame
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Electric: Amps(0)
Community & HOA
HOA
- Has HOA: No
Location
- Region: Malvern
Financial & listing details
- Price per square foot: $170,588/sqft
- Date on market: 7/23/2026
- Date available: 10/17/2025
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$1,232/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $2,900,000-3.3%$170,588/sqft |
Source: My State MLS #11592465 Report a problem | ||
| 7/23/2026 | Listed for sale | $3,000,000$176,471/sqft |
Source: My State MLS #11592465 Report a problem | ||
| 5/18/2026 | Listing removed | $3,000,000$176,471/sqft |
Source: My State MLS #11592465 Report a problem | ||
| 10/18/2025 | Listed for sale | $3,000,000+14900%$176,471/sqft |
Source: My State MLS #11592465 Report a problem | ||
| 3/1/2019 | Sold | $20,000+100%$1,176/sqft |
Source: SWIAR #18-2095 Report a problem | ||
| 2/4/2019 | Listed for sale | $10,000$588/sqft |
Source: RE/MAX REAL ESTATE GROUP #18-2095 Report a problem | ||
| 2/4/2019 | Pending sale | $10,000$588/sqft |
Source: RE/MAX REAL ESTATE GROUP #18-2095 Report a problem | ||
| 12/13/2018 | Listing removed | $10,000$588/sqft |
Source: RE/MAX REAL ESTATE GROUP #18-2095 Report a problem | ||
| 11/13/2018 | Pending sale | $10,000$588/sqft |
Source: RE/MAX REAL ESTATE GROUP #18-2095 Report a problem | ||
| 10/10/2018 | Listed for sale | $10,000$588/sqft |
Source: RE/MAX Real Estate Group-Malvern #18-2095 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
