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About This Home

This 6-bedroom, 5-bathroom residential multi family at 543 53rd Street in Des Moines, IA is listed for $549,000 ($136 per sqft). Built in 1916, the home offers 4,025 sqft of living space on a 0.16 acres lot.

Agent Description

Calling all investors! This turnkey multifamily is ready to pass to new owners after 20 years. The over 4,000 finished sqft offers 5 units: four 1 bedroom & one 2 bedroom with total rent roll potential for all 5 units near $6,000. Owner's apartment is stunning and completely remodeled with gorgeous hardwood floors, quartz counters paired with gorgeous backsplash & new cabinets & sink.

Hall leads past a beautiful bathroom to the bedroom with walk-in closet. You will love the custom clothing unit/shelving. Newer windows, designer light fixtures, top of the line stainless appliances are just a few of the perks of the owner's unit. Storage is available in the 2+car attached garage and lower level.

Coin laundry serves the tenants well. Parking is provided by on-street & off street. This location is amazing in the heart of the Waterbury neighborhood with-in walking distance to public transportation and minutes to the "Avenues" of Ingersol and Grand for shopping and restaurant experiences. This is an easy commute to downtown and I-235 to the suburbs. Add this gem to your investment portfolio!

Key Features

  • Built in 1916
  • 0.15 acre lot

Property Details

3 full
1916

Amenities

HardwoodA/C

Monthly Cost Estimate

$2,936/mo

20% down · 6.5% · 30 years

Principal$397
Interest$2,379
Insurance$160

Estimates only. Actual payments may vary.

Location

543 53rd Street

Des Moines, IA 50312

Features & Amenities

Interior Features

CableTvWindowTreatments

Property Details

Flooring

TileHardwood

Construction

Brick Stucco

Parking

Garage

Heating

Heat Pump (Heating)Electric (Heating)Forced AirNatural Gas

Cooling

Window Unit(s)

Appliances

CooktopDryerDishwasherMicrowaveRefrigeratorStoveWasher

Questions & Answers

This 6-bedroom, 5-bathroom residential multi family at 543 53rd Street is listed at $549,000 ($136/sqft). The estimated monthly payment is $2,379 based on 20% down at 6.5% interest.

Key features include: Built in 1916, 0.15 acre lot. Interior Features: CableTv, WindowTreatments.

This property is listed by Pennie Carroll and can be reached at 5154908025 or pennie@penniecarroll.com.

PC

Pennie Carroll

Agent at Pennie Carroll & Associates

(515) 490-8025

Listed by Pennie Carroll & Associates · View on Broker Site

MLS# 739522· Source: listhub· Updated 33 days ago

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

543 53rd Street, Des Moines, IA 50312

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