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Sold for $472,000
  • $472,000

    543 53rd St, Des Moines, IA 50312

    6beds
    4,025sqft
    Multi Family
    Built in 1916
    -- sqft lot
    $472,300 Zestimate®
    $117/sqft
    $1,549 Estimated rent

    Home value

    $472,300

    $449,000 - $496,000

    $1,549/mo

    Zestimate® history
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    What's special

    Bedroom with walk-in closetBeautiful bathroomGorgeous hardwood floorsDesigner light fixturesQuartz countersGorgeous backsplashNewer windows
    Calling all investors! This turnkey multifamily is ready to pass to new owners after 20 years. The over 4,000 finished sqft offers 5 units: four 1 bedroom & one 2 bedroom with total rent roll potential for all 5 units near $6,000. Owner's apartment is stunning and completely remodeled with gorgeous hardwood floors, quartz counters paired with gorgeous backsplash & new cabinets & sink. Hall leads past a beautiful bathroom to the bedroom with walk-in closet. You will love the custom clothing unit/shelving. Newer windows, designer light fixtures, top of the line stainless appliances are just a few of the perks of the owner's unit. Storage is available in the 2+car attached garage and lower level. Coin laundry serves the tenants well. Parking is provided by on-street & off street. This location is amazing in the heart of the Waterbury neighborhood with-in walking distance to public transportation and minutes to the "Avenues" of Ingersol and Grand for shopping and restaurant experiences. This is an easy commute to downtown and I-235 to the suburbs. Add this gem to your investment portfolio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Pennie Carroll (515)490-8025,

    Pennie Carroll & Associates

    Bought with:

    Austin Gochneaur

    RE/MAX Real Estate Center

    Source: DMMLS,MLS#: 739522MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 3
    • 3/4 bathrooms: 2
    Heating
    • Electric, Forced Air, Gas, Heat Pump, Natural Gas, See Remarks
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
    Features
    • Cable TV, Window Treatments
    • Flooring: Hardwood, Tile
    • Basement: Unfinished,Walk-Out Access
    Interior area
    • Total structure area: 4,025
    • Total interior livable area: 4,025 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Two Car Garage
    • Attached garage spaces: 2
    Lot
    • Size: 6,751 Square Feet
    • Dimensions: 75 x 90
    • Features: Rectangular Lot
    Details
    • Parcel number: 09002462000000
    • Zoning: R1-80

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Stucco
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: No
    • Services included: Maintenance Grounds, Maintenance Structure, Snow Removal, Taxes, Trash
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $117/sqft
    • Tax assessed value: $404,000
    • Annual tax amount: $7,357
    • Date on market: 4/29/2026
    • Cumulative days on market: 47 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Tenant pays: Electricity
    • Electric utility on property: Yes
    • Road surface type: Concrete

    Price history

    DateEventPrice
    8/14/2026Sold$472,000-5.5%$117/sqft
    Source: DMMLS #739522 Report a problem
    6/22/2026Pending sale$499,500$124/sqft
    Source: DMMLS #739522 Report a problem
    6/2/2026Price change$499,500-9%$124/sqft
    Source: DMMLS #739522 Report a problem
    5/26/2026Price change$549,000-7.9%$136/sqft
    Source: DMMLS #739522 Report a problem
    4/29/2026Listed for sale$596,000-6.3%$148/sqft
    Source: DMMLS #739522 Report a problem
    5/24/2025Listing removed$636,000$158/sqft
    Source: DMMLS #713013 Report a problem
    4/25/2025Price change$636,000-1.9%$158/sqft
    Source: DMMLS #713013 Report a problem
    3/7/2025Listed for sale$648,000$161/sqft
    Source: DMMLS #713013 Report a problem
    12/16/2024Listing removed$648,000$161/sqft
    Source: DMMLS #707486 Report a problem
    12/9/2024Price change$648,000-0.2%$161/sqft
    Source: DMMLS #707486 Report a problem
    11/8/2024Listed for sale$649,000+248%$161/sqft
    Source: DMMLS #707486 Report a problem
    12/26/2006Sold$186,500+27.7%$46/sqft
    Source: Public Record Report a problem
    7/11/2001Sold$146,000$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,508 +2%$404,000 +8%
    2024$7,358 +2.7%$374,000
    2023$7,164 -14.4%$374,000 +23%
    2022$8,374 +12.6%$304,000
    2021$7,436 -11%$304,000 +22.1%
    2020$8,352 +13.9%$249,000
    2019$7,330 -6%$249,000 +20.3%
    2018$7,796 $207,000
    2017$7,796 +2%$207,000 +10.7%
    2016$7,640 $187,000
    2015$7,640 +2.9%$187,000 +12.7%
    2014$7,422 $166,000
    2013-- $166,000
    2012-- $166,000
    2011-- $166,000 -11.2%
    2010-- $187,000
    2009-- $187,000
    2008-- $187,000
    2007-- $187,000
    2006-- $187,000
    2005-- $187,000
    2003-- $187,000 +39.9%
    2002-- $133,630
    2001-- $133,630
    Find assessor info on the county website

    Neighborhood: Waterbury

    Nearby schools

    GreatSchools rating
    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.

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    $472,300
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    $481,746