$499,500

543 53rd Street, Des Moines, IA 50312

  • 6 beds |
  • 5 baths |
  • 4,025 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon6,752sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $124/sqft
  • Property List Date Icon Listed 2 months ago

Property 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!

Listing Status:
Pending
Date Added:
April 29, 2026
Data Last Updated:
July 26, 2026 at 7:19AM
Listing Office:
Pennie Carroll & Associates : (515) 490-8025
Listing Agent:
Pennie Carroll : (515) 490-8025
MLS ID:
739522
  • General: Cable TVWindow Treatments
  • Appliances: CooktopDryerDishwasherMicrowaveRefrigeratorStoveWasher
  • Basement: UnfinishedWalk-Out Access
  • Flooring: HardwoodTile
  • A/C: Window Unit(s)
  • Heating: ElectricForced AirGasHeat PumpNatural GasSee Remarks
  • Parking: AttachedGarageTwo Car Garage
  • Roofing: AsphaltShingle
  • General: BrickStucco
  • Road/Access: Concrete
  • HOA Amenities: Maintenance GroundsMaintenance StructureSnow RemovalTaxesTrash
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: R1-80N 75F W 90F LOT 10 ORP LOTS 19 THRU 2437 THRU 4042 & 43 GRAND AVE HEIGHTS09002462000000
  • Utilities: Electricity AvailableNatural Gas AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Pennie Carroll , Pennie Carroll & Associates

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location