822 18th Street Pending Save Request In-Person Tour Request Virtual Tour
Des Moines,IA 50314
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $110
MLS Listing ID 715081
Style Two Story,Victorian
Bedrooms 4
Full Baths 3
Year Built 1878
Annual Tax Amount $5,628
Lot Size 7,405 Sqft
Property Sub-Type Residential
Property Description
Unique Opportunity to own this Victorian Style 3-Plex in the Historic Sherman Hill neighborhood of Des Moines! It features a Huge 1536 Square Foot 2-bedroom, 1 bath Unit spanning the entire upstairs. On the main level are two 1-bedroom, 1 bath units. This may be the perfect fit for someone looking to owner occupy the upstairs unit and rent out the 2 lower units to cover their mortgage payment! It also has great potential for the units to be Mid-term or Short-term rentals for an Investor that wants to add this to their portfolio and optimize the cash-flow. This building comes with 1-detached garage, plenty of off-street parking in the alley behind the building, and a brick courtyard. All units have separate gas, water, electrical meters, and separate HVAC. A new Roof was installed in 2021 and there are updated Furnaces for each unit. The Building has an Active Rental Certificate good through July 2026. Don't miss this Rare Opportunity. Come and See Today!
Location
State IA
County Polk
Area Downtown
Zoning R-HD
Interior
Heating Forced Air,Gas,Natural Gas
Cooling Central Air,See Remarks
Flooring Hardwood
Exterior
Parking Features Detached,Garage,One Car Garage
Garage Spaces 1.0
Garage Description 1.0
Roof Type Asphalt,Shingle
Building
Lot Description Rectangular Lot
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
Monthly Total Fees $469
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional