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!
Pending
$1,100,000
704 12th St, West Des Moines, IA 50265
25beds
6,640sqft
Multi Family
Built in 1965
-- sqft lot
$528,600 Zestimate®
$166/sqft
$-- HOA
What's special
Large one bedroomNew hardwood floorsWhite kitchenGranite color counter topsLarge wide hallways
- 727 days
- 13
- 0
Zillow last checked:
Listing updated:
Listed by:
Jared Husmann 515-334-4900,
Keller Williams Realty GDM
Source: DMMLS,MLS#: 705115
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & 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: 379 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
$528,600
$439,000 - $634,000
$1,232/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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Neighborhood: 50265
Nearby schools
Schools provided by the listing agent
- District: West Des Moines
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
