Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
5 Beds
6 Baths
2,988 sqft

$399,000

658 18th Street, Des Moines IA, 50314

Price per sqft$133.53
Built in1880
Property size2,988 sqft
Property typeMulti-family

Overview

Active

Listed Apr 7, 2026

Updated 13 days ago

BRAND NEW RENTAL CERTIFICATE good through 2028! Gross rent $4,935 - Fully occupied 6-plex in the heart of Sherman Hill with separate gas and electric meters for each unit. Property features a mix of unit layouts, multiple kitchens and baths, and a shared basement with on-site laundry. Classic structure with solid bones offering opportunity for future improvements over time. Well-located in one of Des Moines’ most established neighborhoods with close proximity to downtown, Ingersoll, and major employers, supporting consistent rental demand. Financials available upon request

$2,655/mo

Est. mortgage payment based on a $399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
737568

Interior Features

Bedrooms
5
Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$3,961
Tax Frequency
Annually

 

Courtesy of Keller Williams Realty GDM, Darson Grantham,
Listing Contact: (641) 745-0156 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jill Budden shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Des Moines Area Association of REALTORS. All rights reserved.

Powered by Luxury Presence