Brad Cole

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3419 First StreetDes Moines, IA 50313

Commercial
$279,900 Active

3419 First Street Overview

Time on Site:
34 days
Visits:
14

Investor’s dream in the heart of Highland Park! This 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. Several units have been refreshed within the last few months. Added bonus of New Roof, New Sewer Line and Backflow system in 2025. Solid income-producing property, whether you're a seasoned investor or just getting started, this property offers stability, great location, and future upside.

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3419 First Street Facts & Features

  • Type Commercial

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1890

Business Information

  • Current Use: Residential

Location/Region

  • County Or Parish: Polk
  • Postal City: Des Moines

Tax Information

  • Tax Annual Amount: 5579
  • Tax Year: 2026

General Information

  • Parcel Number: 07002137000000
  • Possible Use: Other
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Zoning: Residential-Multi-Family

Interior

Parking Information

  • Garage Spaces: 2

General Information

  • Accessibility Features: None
  • Heating: Hot Water
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Open Parking Spaces: 7
  • Parking Features: Detached Garage,Outside

Lot Information

  • Lot Size Dimensions: 75x131
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Vinyl Siding

General Information

  • Number Of Units Total: 7
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate,Heating Separate,Hot Water Separate

3419 First Street Neighborhood

Community

50313 (DES MOINES) Demographics

37
Median Age
1,049
Population Density (per sq. mile)
25%
College Educated
$54,387
Estimated Median Income
5,103
Estimated Total Home Owners
1,797
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3419 First Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3419 First Street Market Data

Based on the last 30 days in this zip code

$209,904
Average List Price
$176
Average Price per Square Foot
31
Properties Sold
102
Average Days on Market
117
Properties for Sale
Calculations provided by Reliance Network

3419 First Street History

Date Event Value Agent
5/26/2026Source: NoCoast MLS Added to Database
May 26, 2026
Listing provided courtesy of Zealty Home AdvisorsNoCoast MLS- MLS# 6338712MLS Provider