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Sold for $575,000 on 10/05/23
  • $575,000

    526 48th St, Des Moines, IA 50312

    11beds
    4,654sqft
    Multi Family, Apartment
    Built in 1927
    -- sqft lot
    $711,800 Zestimate®
    $124/sqft
    $1,354 Estimated rent

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    $1,354/mo

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    $3,202/mo

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    $3,202/mo

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    What's special

    Here is an excellent investment opportunity in Des Moines' historic Waterbury Neighborhood with two offerings of apartment buildings located in the heart of the Ingersoll Corridor. 536 48th St hosts 7-units including 5-two bedroom, 1-one-bedroom and 1-studio apartment. The units include hardwood floors and beautiful period woodwork. This property presents buyer prospects with plenty of upside with continued renovation and increased monthly rents. Properties to be sold together – see listing of 4810 Ingersoll. The buildings share ample off-street parking. Proximity to Ingersoll, downtown and all that Des Moines has to offer make this prime potential for investment.

    Zillow last checked: 8 hours ago

    Listing updated: October 18, 2023 at 12:29pm

    Listed by:

    James Hibbs (515)270-5252,

    Coldwell Banker Mid-America

    Bought with:

    Kathryn Driscoll

    Iowa Realty Beaverdale

    Source: DMMLS,MLS#: 679670MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • See Remarks
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Refrigerator, Stove
    Features
    • Flooring: Carpet, Hardwood, Laminate, Vinyl
    • Basement: Daylight,Finished
    Interior area
    • Total structure area: 4,654
    • Total interior livable area: 4,654 sqft
    • Finished area below ground: 1,800

    Property

    Lot
    • Size: 9,975 sqft
    • Dimensions: 56 x 178
    Details
    • Parcel number: 09005605000000
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    • Foundation: See Remarks
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Laundry Facilities, Storage Facilities
    Location
    • Region: Des Moines

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $711,800
    2% more+$14,236
    With Zillow Showcase(estimated)$726,036