Pending

$1,100,000

704 12th St, West Des Moines, IA 50265

25beds

6,640sqft

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Multi Family

Built in 1965

-- sqft lot

$468,600 Zestimate^®

$166/sqft

$-- HOA

What's special

Large one bedroomNew hardwood floorsWhite kitchenGranite color counter topsLarge wide hallways

The KataLYST Team as part of KW Commercial is pleased to bring to market this 11-plex located in Valley Junction, West Des Moines, IA. This property was recently purchased as part of a larger portfolio and prior to the sale had only one owner over the last 30+ years who took immaculate care of the property and truly showed pride of ownership! With great unit mixes and low rents that are estimated to be 30%+ below market, this property offers significant value-add through repositioning!

637 days

17

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 25
Bathrooms: 2
Full bathrooms: 2

Cooling

Window Unit(s)

Features

Basement: Partially Finished

Interior area

Total structure area: 6,640
Total interior livable area: 6,640 sqft
Finished area below ground: 1,939

Property

Lot

Size: 0.38 Acres
Dimensions: 120 x 137.5

Details

Parcel number: 32003891000000
Zoning: RH

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Block
Roof: Asphalt,Shingle

Condition

Year built: 1965

Utilities & green energy

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

Community & HOA

HOA

Has HOA: No

Location

Region: West Des Moines

Financial & listing details

Price per square foot: $166/sqft
Annual tax amount: $14,899
Date on market: 10/2/2024
Cumulative days on market: 289 days
Listing terms: Cash,Conventional
Tenant pays: Electricity
Electric utility on property: Yes
Road surface type: Concrete

Estimated market value

$468,600

$389,000 - $567,000

$1,212/mo

Price history

Date	Event	Price
10/19/2024	Pending sale	$1,100,000$166/sqft
Source: DMMLS #705115 Report a problem
10/2/2024	Listed for sale	$1,100,000$166/sqft
Source: DMMLS #705115 Report a problem
6/26/2024	Listing removed	--
Source: Zillow Rentals Report a problem
6/24/2024	Listed for rent	$795+6.7%
Source: Zillow Rentals Report a problem
9/22/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
9/15/2022	Listed for rent	$745+15.5%
Source: Zillow Rental Manager Report a problem
1/4/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
12/14/2020	Listed for rent	$645-7.2%
Source: Owner Report a problem
3/5/2020	Listing removed	$695
Source: Owner Report a problem
2/19/2020	Listed for rent	$695+7.8%
Source: Owner Report a problem
7/13/2018	Listing removed	$645
Source: Owner Report a problem
7/4/2018	Price change	$645-7.2%
Source: Owner Report a problem
6/15/2018	Price change	$695+3%
Source: Owner Report a problem
5/22/2018	Listed for rent	$675
Source: Owner Report a problem
3/4/2017	Listing removed	$675
Source: Owner Report a problem
2/25/2017	Price change	$675+4.7%
Source: Owner Report a problem
2/16/2017	Listed for rent	$645
Source: Owner Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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