$300,000

3419 1st Street, Des Moines, IA 50313

  • 5 beds |
  • 7 baths |
  • 3,306 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon9,845sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $91/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

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.

Listing Status:
Active
Date Added:
February 25, 2026
Data Last Updated:
March 11, 2026 at 9:19PM
Listing Office:
Zealty Home Advisors : (515) 329-4667
Listing Agent:
Ryan Rivera : (515) 554-5870
MLS ID:
735080
  • Appliances: RefrigeratorStove
  • Basement: Unfinished
  • A/C: Window Unit(s)
  • Heating: Hot WaterNatural Gas
  • Style: Two Story
  • Parking: DetachedGarageTwo Car Garage
  • Roofing: AsphaltShingle
  • General: Vinyl Siding2
  • Road/Access: Concrete
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: N5LOT 15 & S 1/2 LOT 16 BLK 28 HIGHLAND PARK07002137000000
  • Utilities: Electricity AvailableNatural Gas AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Ryan Rivera , Zealty Home Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Findley Elementary School

3025 Oxford St, Des Moines, IA, 50313

Grades KG-5

0.27 miles away

H

Harding Middle School

203 E Euclid Ave, Des Moines, IA, 50313

Grades 6-8

0.15 miles away

N

North High School

501 Holcomb Ave, Des Moines, IA, 50313

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.