Property Description

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.

Features
Parking:
Detached Garage, Outside
Sewer:
City Sewer/Connected
Utilities:
Electric Separate, Heating Separate, Hot Water Separate
Address Map
Country:
US
State:
IA
County:
Polk
City:
Des Moines
Zipcode:
50313
Street:
First
Street Number:
3419
Street Suffix:
Street
Directions:
Euclid to 1st St, South to home.
Zoning:
Residential-Multi-Family
MLS Addon
Agent First Name:
Amber Lesnick
Office Name:
Zealty Home Advisors
List Office MLSID:
SE22570
Association Fee:
$0
Sold Price:
$0
Original List Price:
$0
Prior List Price:
$0
List Price Low:
$0
List Price High:
$0
Insurance Fee:
$0
Percent Price Difference:
$0
Search Price:
$0
Gross Income:
$0
NetIncome:
$0
Expense Insurance:
$0
Gross Taxes:
$0
Tax With Assessments:
$0
Net Taxes:
$0
Additional Information
Garage:
2
Lot Size Dimensions:
75x131
Number Of Units Total:
7
Possible Use:
Other
Previous Price:
279900
Water Source:
Public
Accessibility Features:
None
Construction Materials:
Vinyl Siding
Current Use:
Residential
Financial
Tax Annual Amount:
5579
Listing Information
List Agent Mls Id:
SE082837164
List Office Mls Id:
SE22570
Mls Status:
Active
Modification Timestamp:
2026-05-27T01:01:42Z
Originating System Name:
NoCoast

Commercial Sale

3419 First Street, Des Moines, Iowa 50313

$279,900
Listing ID #6338712
Basic Details
Listing Status :
Active
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
6338712
Price :
$279,900
Year Built :
1890
Property Sub Type :
Apartment
Agent info
Paula Mc Claflin
Paula Mc Claflin
  • Female
  • ,082813557,219138,
Stoney Oak Properties, L.L.C.
Stoney Oak Properties, L.L.C.
Address: 201 South Main St Osceola, IA 50213
I really like to help people find their dream homes, but even more, I like to buy and remodel homes! I find comfort and fun in purchasing a house and restoring it back to its former glory. The same holds true for buildings — I purchased the old Hart’s Bridal shop in the late fall of 2013 and basically gutted it and started over. I knew I wanted a firm where anyone that walked through my door would feel welcomed and my agents would love a great place to work! That dream has become a reality with four new agents and a finished building for our office to call home.
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