$475,000

686 19th Street is a well-located six-unit multifamily property in Des Moines’ historic Sherman Hill neighborhood, one of the city’s most desirable and character-rich areas. The property combines historic charm, neighborhood stability, and close proximity to downtown, making it attractive to both residents and investors. Sherman Hill is known for its tree-lined streets, classic architecture, and quiet residential feel, while offering easy access to downtown amenities. Residents enjoy walkable access to Smokey Row Coffee Company and Gateway Market, along with nearby dining, nightlife, and major employment centers. The six-unit layout offers manageable scale and consistent rental demand, supported by limited multifamily supply and strong neighborhood appeal. The location promotes long-term occupancy, stable cash flow, and tenant retention. 686 19th Street presents a solid opportunity to acquire a multifamily asset in a walkable, supply-constrained neighborhood with proven investment fundamentals.