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About This Home
This 0-bedroom, 0-bathroom multi-family at 3419 First Street in Des Moines, IA is listed for $279,900. Built in 1890, on a N/A lot.
Investor's dream in the heart of Highland Park! This 7-unit multi-family property offers strong, consistent income and holds a current rental certificate, making it a perfect turnkey addition to your portfolio. Originally a single-family home, this property has been thoughtfully converted into a 7-plex with a mix of unit sizes, offering steady demand in a highly rentable location.
7 total units - fully leased with strong rental history. Current rental certificate in place - compliant and ready to go. Separately metered utilities. Prime Highland Park location - steps to public transportation, shopping, laundromat. Off-street parking and easy tenant access.
Several units have been refreshed within the last few months. Added bonus of New Roof, New Sewer Line and Backflow system in 2025. Solid income-producing property, whether you're a seasoned investor or just getting started, this property offers stability, great location, and future upside.
Key Features
- Built in 1890
Property Details
Monthly Cost Estimate
$1,497/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3419 First Street
Des Moines, IA 50313
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 3419 First Street is listed at $279,900. The estimated monthly payment is $1,213 based on 20% down at 6.5% interest.
Key features include: Built in 1890.
This property is listed by Amber Lesnick and can be reached at 5152293402 or amber@zealtynow.com.
