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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 9 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 Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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