31
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$450,000
Est. payment /mo
5 Beds
6 Baths
2,988 SqFt
Active
658 18th Street Des Moines, IA 50314
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,988 sqft
Price per Sqft $150
MLS Listing ID 737568
Style Two Story
Bedrooms 5
Full Baths 6
HOA Y/N No
Year Built 1880
Annual Tax Amount $3,961
Lot Size 7,492 Sqft
Acres 0.172
Property Description
Gross rent $4,935 - Fully occupied 6-plex in the heart of Sherman Hill with separate gas and electric meters for each unit. Property features a mix of unit layouts, multiple kitchens and baths, and a shared basement with on-site laundry.
Classic structure with solid bones offering opportunity for future improvements over time. Well-located in one of Des Moines' most established neighborhoods with close proximity to downtown, Ingersoll, and major employers, supporting consistent rental demand.
Financials available upon request
Classic structure with solid bones offering opportunity for future improvements over time. Well-located in one of Des Moines' most established neighborhoods with close proximity to downtown, Ingersoll, and major employers, supporting consistent rental demand.
Financials available upon request
Location
State IA
County Polk
Area Downtown
Zoning R-HD
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Window Unit(s)
Fireplace No
Exterior
Roof Type Asphalt,Shingle
Private Pool No
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Des Moines Independent
Others
Tax ID 03004205000000
Monthly Total Fees $330
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Keller Williams Realty GDM
NEARBY SCHOOL & BUSINESS
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