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983 26th St
Des Moines, IA 50312
983 26th St · Multifamily Property For Sale
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4 Units
Investment Highlights
- Well-maintained four-unit multifamily property in the Drake neighborhood offering immediate, stable income.
- Positioned in a growth corridor with improving surrounding infrastructure and sustained demographic stability.
- Located within the Invest DSM program area, providing upside through neighborhood reinvestment initiatives.
- Strong renter demand driven by proximity to Drake University, downtown Des Moines, major employers, and public transit.
Property Facts
| No. Units | 4 | Building Size | 3,479 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | B | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R3+ - Residential 3+ | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 3,479 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3+ - Residential 3+ |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Recycling
- Wi-Fi
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 030-04951000000 | Improvements Assessment | $199,600 |
| Land Assessment | $20,400 | Total Assessment | $220,000 |
Property Taxes
Parcel Number
030-04951000000
Land Assessment
$20,400
Improvements Assessment
$199,600
Total Assessment
$220,000
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