2618 E 9th Street
Multi-Family $ 350,000

2618 E 9th Street

Des Moines, IA 50316

  • 1 Bath
    Full Baths: 1
  • 1,321 SqFt
  • 4,094 Lot Size
  • 1910 Year Built
INVESTMENT OPPORTUNITY! Unique income-producing package featuring four addresses across two parcels, offering a mix of residential, office, and rental space. All four addresses currently have tenants in place, providing an opportunity for an investor to acquire an established multi-property rental package.

The package includes a single-family residence at 2618 E 9th St. office space at 2620 E 9th, and a two-story building addressed as 2622 E 9th and 831 Morton Ave. The two-story building features one rental unit on the main level and one rental unit on the upper level. The combination of residential, office, and multi-unit space provides a diverse mix of uses within one investment package.

All four addresses are being sold together and will not be sold individually.

Utilities: 2618 E 9th St. is tenant-paid for all utilities. At the other three properties, tenants pay their own utilities; owner pays electric and water for common areas. Buyer to verify all information, including rental terms, leases, expenses, zoning, and property details.
Listed by LPT Realty, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 321 sqft

    Price per Sqft $264

    MLS Listing ID 750289

    Style One and One Half Story

    Full Baths 1

    HOA Y/N No

    Year Built 1910

    Annual Tax Amount $2,244

    Lot Size 4,094 Sqft

    Acres 0.094

  • Location

    State IA

    County Polk

    Area Des Moines N.East

    Zoning N5

  • Building

    Lot Description Rectangular Lot

    Entry Level One and One Half

    Foundation Brick/Mortar

    Sewer Public Sewer

    Water Public

    Level or Stories One and One Half

  • Interior

    Heating Forced Air, Gas

    Cooling Central Air

    Fireplace No

  • Exterior

    Utilities Available Electricity Available, Natural Gas Available, Water Available

    Private Pool No

  • Schools

    School District Des Moines Independent

  • Others

    Tax ID 11003039000000

    Monthly Total Fees $187

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

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