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Off market
  • $968,700

    702 20th St, Des Moines, IA 50314

    21beds
    12,392sqft
    Other
    Built in 1989
    8,015 Square Feet Lot
    $968,700 Zestimate®
    $78/sqft
    $1,341 Estimated rent

    Home value

    $968,700

    $804,000 - $1.16M

    $1,341/mo

    Zestimate® history
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    Rent Zestimate®

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    $5,314/mo

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    What's special

    Convenient on-site coin-operated laundryAll interior finishedIn-unit washer and dryer

    Investment Opportunity in Historic Sherman Hill offering total of 17 units. Rare chance to own a fully remodeled multi-unit property in one of the city’s most desirable neighborhoods. The three-story apartment building was historically remodeled in 2022 w new framing, plumbing, electric, and all interior finished. This building offers 15 units: 9 one-bedroom, 3 two-bedroom, and 3 studio apartmentsâ€â€each with a full bathroom and modern kitchen equipped with stove, refrigerator, microwave, and dishwasher. Residents also enjoy convenient on-site coin-operated laundry. The duplex was fully remodeled in 2019 and has 2 - 3 bedrooms, 2 bathrooms, and an in-unit washer and dryer. Located in the heart of Sherman Hill, this property is close to shops, restaurants, and provides quick access to the interstate. A turnkey investment with strong rental potential in a prime location!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: EXIT Realty broker feed,MLS#: 727368

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 17
    • Full bathrooms: 17
    Heating
    • Baseboard, Heat Pump, Electric
    Cooling
    • Geothermal
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 12,392
    • Total interior livable area: 12,392 sqft

    Property

    Lot
    • Size: 8,015 Square Feet
    Details
    • Parcel number: 03000494000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Condition
    • Year built: 1989

    Community & HOA

    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $78/sqft
    • Tax assessed value: $1,080,000
    • Annual tax amount: $4,988
    • Date on market: 10/2/2025
    • Lease term: Contact For Details
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/8/2026Listing removed$2,150,000$173/sqft
    Source: EXIT Realty broker feed #727368 Report a problem
    10/1/2025Listed for sale$2,150,000+377.8%$173/sqft
    Source: DMMLS #727368 Report a problem
    8/7/2020Sold$450,000+66.7%$36/sqft
    Source: DMMLS #611858 Report a problem
    7/3/2014Sold$270,000-6.6%$22/sqft
    Source: Public Record Report a problem
    3/30/2007Sold$289,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,988 +2%$1,080,000 +8%
    2024$4,888 -16.5%$1,000,000
    2023$5,854 -14.4%$1,000,000 +316.7%
    2022$6,840 +12.5%$240,000
    2021$6,082 -10.8%$240,000 +21.8%
    2020$6,818 +13.8%$197,000
    2019$5,992 -5.9%$197,000 +20.1%
    2018$6,370 $164,000
    2017$6,370 +2.1%$164,000 +10.8%
    2016$6,238 $148,000
    2015$6,238 +2.4%$148,000 +12.1%
    2014$6,090 $132,000
    2013-- $132,000 -31.3%
    2012-- $192,000
    2011-- $192,000 -34.2%
    2010-- $292,000
    2009-- $292,000
    2008-- $292,000 +4.3%
    2007-- $280,000 -11.9%
    2006-- $318,000 +38%
    2003-- $230,500 +25.1%
    2002-- $184,200
    2001-- $184,200
    Find assessor info on the county website

    Neighborhood: Sherman Hill

    Nearby schools

    GreatSchools rating
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    $968,700
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    +$19,374
    With Zillow Showcase(estimated)
    $988,074