$399,900

226 1st Street, West Des Moines, IA 50265

  • 8 beds |
  • 4 baths |
  • 3,356 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Great investment property just blocks from the Valley Junction entertainment district. This is a purpose-built 4 plex, not a conversion. Featuring 4 two-bedroom units that all have an unfinished walk-up attic that leaves potential for more finish. There are spacious living rooms, ample kitchens, and classic features like hardwood floors and trim. Ample off-street parking behind the property for all tenants as well as a shared fenced-in yard. The roof, siding, and HVAC have been updated on all units, meaning no large expenses in the near future. Build your rental portfolio or even create some AirBnB options in this great location.

Listing Status:
Active
Date Added:
March 9, 2026
Data Last Updated:
March 12, 2026 at 7:19AM
Listing Office:
RE/MAX Concepts : (515) 279-6700
Listing Agent:
Jason Stuyvesant : (515) 778-9669
MLS ID:
735845
  • Basement: Crawl Space
  • A/C: Central Air
  • Heating: Forced AirGasNatural Gas
  • Style: One and One Half Story
  • Roofing: AsphaltShingle
  • General: Vinyl SidingOne and One HalfBlock
  • Originating MLS: DMAAR_DM
  • School District: West Des Moines
  • County: Polk
  • Zoning: VJCN 4F LOT 3 & LOTS 1 & 2 BLK 14 VALLEY JUNCTION32004446000000
  • Utilities: Electricity AvailableNatural Gas AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Jason Stuyvesant , RE/MAX Concepts

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

Schools Nearby

H

Hillside Elementary

713 8th St, West Des Moines, IA, 50265

Grades KG-6

0.70 miles away

S

Stilwell Junior High

1601 Vine St, West Des Moines, IA, 50265

Grades 7-8

1.16 miles away

W

Walnut Creek Campus

1020 8th St, West Des Moines, IA, 50265

Grades 9-12

1.11 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.