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!
Pending
Price cut: $49.5K (6/2)
$499,500
543 53rd St, Des Moines, IA 50312
6beds
4,025sqft
Multi Family
Built in 1916
-- sqft lot
$472,300 Zestimate®
$124/sqft
$-- HOA
What's special
Bedroom with walk-in closetBeautiful bathroomGorgeous hardwood floorsDesigner light fixturesQuartz countersGorgeous backsplashNewer windows
- 13 days |
- 99 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Pennie Carroll (515)490-8025,
Pennie Carroll & Associates
Source: DMMLS,MLS#: 739522
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & 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: $124/sqft
- Tax assessed value: $404,000
- Annual tax amount: $7,357
- Date on market: 4/29/2026
- Cumulative days on market: 61 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
$472,300
$449,000 - $496,000
$1,490/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Pending sale | $499,500$124/sqft |
Source:  DMMLS #739522 Report a problem | ||
| 6/2/2026 | Price change | $499,500-9%$124/sqft |
Source: DMMLS #739522 Report a problem | ||
| 5/26/2026 | Price change | $549,000-7.9%$136/sqft |
Source: DMMLS #739522 Report a problem | ||
| 4/29/2026 | Listed for sale | $596,000-6.3%$148/sqft |
Source: DMMLS #739522 Report a problem | ||
| 5/24/2025 | Listing removed | $636,000$158/sqft |
Source: DMMLS #713013 Report a problem | ||
| 4/25/2025 | Price change | $636,000-1.9%$158/sqft |
Source: DMMLS #713013 Report a problem | ||
| 3/7/2025 | Listed for sale | $648,000$161/sqft |
Source: DMMLS #713013 Report a problem | ||
| 12/16/2024 | Listing removed | $648,000$161/sqft |
Source: DMMLS #707486 Report a problem | ||
| 12/9/2024 | Price change | $648,000-0.2%$161/sqft |
Source: DMMLS #707486 Report a problem | ||
| 11/8/2024 | Listed for sale | $649,000+248%$161/sqft |
Source: DMMLS #707486 Report a problem | ||
| 12/26/2006 | Sold | $186,500+27.7%$46/sqft |
Source: Public Record Report a problem | ||
| 7/11/2001 | Sold | $146,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $133,630 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Waterbury
Nearby schools
GreatSchools rating
- 6/10Hanawalt Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Merrill Middle SchoolGrades: 6-8Distance: 0.1 mi
- 4/10Roosevelt High SchoolGrades: 9-12Distance: 0.7 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
- 50312
- Waterbury
- 543 53rd St
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