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
Legal: N 50 F LOT 23 & S 10 F LOT 24 RICKEYS ADDITION
737568
$450,000
Sale
TwoStory
MultiFamily
658 18th Street
Des Moines
Polk
IA
50314
5
2988
6
6
2
Unfinished
2988
7500
Downtown
3961
1880
Des Moines Independent
TwoStory
ForcedAir, Gas, NaturalGas
Public
PublicSewer
WindowUnits
No
WoodSiding
Keller Williams Realty GDM, Darson Grantham (641.745.0156) & Keller Williams Realty GDM, Eric Fitzgerald (507.382.1570)