About This Home
This 41-bedroom, 24-bathroom multi-family at 409 E 9th Street in Malvern, IA is listed for $2,900,000 ($170,588 per sqft). Built in 1970, the home offers 17 sqft of living space on a 1.71 acres lot.
Key Features
- Built in 1970
- 1.71 acre lot
Property Details
Welcome to a beautifully reimagined 15-unit multifamily property designed for efficient ownership and premium tenant appeal. Every unit showcases tasteful custom trim and crown molding, contemporary kitchens and baths with glass tile backsplashes and thoughtfully chosen finishes that balance style and durability.
Each unit has its own HVAC system, breaker box and on-demand water heater. Includes new (2024) electrical, plumbing, roof and outdoor improvements/landscaping. A rare combination of aesthetic upgrades and practical, investor-friendly systems. This turn-key building checks the boxes: curb appeal, modern interiors and minimal upkeep.
Monthly Cost Estimate
$15,510/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
409 E 9th Street
Malvern, IA 51551
Questions & Answers
This 41-bedroom, 24-bathroom multi-family at 409 E 9th Street is listed at $2,900,000 ($170,588/sqft). The estimated monthly payment is $15,510 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1970, 1.71 acre lot.
This property is listed by Julie O'hara and can be reached at 712-527-3114.