3419 First Street
Des Moines, IA 50313

$279,900

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...read more 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 youre a seasoned investor or just getting started, this property offers stability, great location, and future upside.

Property Highlights

  • Heating

    Hot Water

  • Taxes

    $5,579 Taxes

  • Water

    Public

  • Year Built

    Built in 1890

VIEW ALL FEATURES
Contact the Listing Agent