Investor’s dream in the heart of Highland Park! This fully occupied 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. Solid income-producing property, whether you're a seasoned investor or just getting started, this property offers stability, great location, and future upside.
Sold for $244,200 on 09/25/25
$244,200
3419 1st St, Des Moines, IA 50313
5beds
3,306sqft
Multi Family
Built in 1890
-- sqft lot
$246,800 Zestimate®
$74/sqft
$1,077 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 14, 2025 at 09:41am
Listed by:
Angela Ousley (515)988-6609,
Zealty Home Advisors,
Ryan Rivera 515-554-5870,
Zealty Home Advisors
Bought with:
Ryan Rivera
Zealty Home Advisors
Source: DMMLS,MLS#: 716291
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Hot Water, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Refrigerator, Stove
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,306
- Total interior livable area: 3,306 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,844 sqft
- Dimensions: 75 x 131
Details
- Parcel number: 07002137000000
- Zoning: N5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Shingle
Condition
- Year built: 1890
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Des Moines
HOA & financial
HOA
- Has HOA: No
- Association name: Renter's Warehouse
- Association phone: 515-528-4429
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$246,800
2% more+$4,936
With Zillow Showcase(estimated)$251,736