811 16th Street

The KataLYST Team by KW Commercial is proud to exclusively present 811 16th St. in Des Moines, IA; a well-maintained, historic property in the highly sought-after Sherman Hill neighborhood. Featuring timeless charm with real hardwood floors, original built-ins, and solid craftsmanship, this asset offers both aesthetic appeal and strong fundamentals. Currently operating at a true 5.01% cap rate, the property presents a compelling value-add opportunity with projected rental upside of 10.2% as market rents continue to strengthen. Ideal for investors looking for a stable return with long-term growth potential.

Legal: EX S 101.6F- LTS 4 & 5 BLK 2 DAVIES 2ND ADDITION

Status: Active

Property Information

731192

$850,000

Sale

MultiFamily

811 16th Street

Des Moines

Polk

IA

50314

13

457

5689

9

9

PartiallyFinished

5689

6409

Downtown

10540

2024

Des Moines Independent

Features

Cooktop, Dryer, Dishwasher, Refrigerator, Washer

Utilities

NaturalGas, Radiant

Public

WindowUnits

No

Listed By

Keller Williams Realty GDM, Jared Husmann (515.350.4846)

Mortgage Calculator

MLS #731192
MLS #731192
MLS #731192
Scot Bergman - Associate Broker

Scot Bergman

Associate Broker

Ask About this Property #731192

MARKET WATCH

Open House(344)
New Construction(1401)
New Listing(281)
Price Adjustment(222)
Price Decreased(2109)

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Contact Me

Scot Bergman

Associate Broker

Agency Iowa

1551 SW Prairie Trail Pkwy
Ankeny, IA 50023
Licensed in Iowa. Each Office Independently Owned and Operated.

515.571.4363

scotbergmanrealestate@gmail.com

License Number: B66742000
Licensed in Iowa. Each Office Independently Owned and Operated.
Copyright © 2025 Agency Iowa. All Rights Reserved.Real Estate IDX/RETS Website by Lead City
This Multi-Family property at 811 16th Street (MLS # 731192) is located in Des Moines, IA. Listed on scotbergmanrealestate.com, this Multi-Family home is priced at $850,000. This 13 bedroom property in Des Moines at 811 16th Street offers 5689 sqft, 9 bathrooms, and was built in N/A. Whether you're looking for new listings in Des Moines or specifically on 811 16th Street, you'll find all the market statistics and community information you need here.

Information is deemed to be reliable, but is not guaranteed. © 2026 . The advertisers and publishers are not responsible or liable for misinformation, misprints, or other errors. All information provided is deemed reliable but is not guaranteed and should be independently verified. Prices subject to change without notice. Properties subject to prior sale or rental.