Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Beds
1 Bath
1,321 sqft

$350,000

2618 E 9th Street, Des Moines IA, 50316

Price per sqft$264.95
Built in1910
Property size1,321 sqft
Property typeMulti-family

Overview

Active

Listed Oct 1, 2026

Updated 10 days ago

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.

$2,329/mo

Est. mortgage payment based on a $350,000 home price.

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

Additional information

MLS® ID
750289

Interior Features

Bedrooms
0
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$2,244
Tax Frequency
Annually

 

Courtesy of LPT Realty, LLC, Joseph Webb,
Listing Contact: (262) 391-9319 

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.

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

Powered by Luxury Presence