$225,000

3516 SW 9th Street, Des Moines, IA 50315

  • 4 beds |
  • 1 bath |
  • 3,550 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon6,490sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $63/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Now is your opportunity to own a truly unique historic property with strong cash flow potential. Once serving as a fire station and believed to have housed the Southside Library, this mixed-use building offers both character and income—ideal for an owner-occupant or investor. The ground-level commercial space features excellent storefront visibility along a high-traffic corridor with over 17,000 vehicles per day. The layout allows for one larger business or two separate commercial spaces. Current tenants include a thrift shop and a bail bondsman. Upstairs, you’ll find two spacious 2-bedroom, 1-bath apartments, each offering large living rooms and open kitchens. Stove and refrigerator are included in both units. Recent updates provide peace of mind, including a new roof (2019) and three new furnaces and three new central air units installed in 2025 by Dorian Heating & Cooling. The property features separate gas and electric meters, private tenant parking, a current rental certificate, and is fully leased. Additional upside may be available through future improvement grants from Friends of SW 9th or NFC. Call today to schedule your private showing.

Listing Status:
Active
Date Added:
January 8, 2026
Data Last Updated:
March 12, 2026 at 1:19PM
Listing Office:
Zealty Home Advisors : (515) 329-4667
Listing Agent:
Ryan Rivera : (515) 554-5870
MLS ID:
732544
  • General: See Remarks
  • Appliances: RefrigeratorStove
  • Basement: Unfinished
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Forced AirGasNatural Gas
  • Style: Two Story
  • Roofing: AsphaltShingle
  • General: BrickStoneStucco2Block
  • Road/Access: Concrete
  • HOA Amenities: InsuranceMaintenance GroundsMaintenance StructureSnow RemovalTaxesTrash
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: RX1-EX W 20F- LOT 333 WATROUS PARK PLAT 201005885000000
  • 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

P

Park Avenue Elementary School

3141 SW 9th St, Des Moines, IA, 50315

Grades KG-5

0.27 miles away

O

Orchard Place School

5412 SW 9th St, Des Moines, IA, 50315

Grades KG-12

1.22 miles away

L

Lincoln High School

2600 SW 9th St, Des Moines, IA, 50315

Grades 9-12

0.66 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.