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658 18th StreetDes Moines, IA 50314

Multi-Family · 5 Beds · 6 Full Baths · 2,988 Sq. ft. | 0.17 Acres
$419,000 Active

658 18th Street Overview

Time on Site:
83 days
Visits:
7

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

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658 18th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,988
  • Price/Sq.ft. $140
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Des Moines Independent

Income/Expenses

  • Gross Income: 4935.0

Building Information

  • Year Built: 1880

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: Downtown
  • Postal City: Des Moines

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 3961.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 03004205000000
  • Property Type: Multi Family
  • Zoning: R-HD

Interior

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 6
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 2988.0

General Information

  • Levels: Two
  • Living Area: 2988.0
  • Stories: 2

Exterior

Lot Information

  • Lot Size Acres: 0.172
  • Lot Size Area: 0.172
  • Lot Size Dimensions: 60X125
  • Lot Size Square Feet: 7500.0
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Two Story
  • Construction Materials: Wood Siding
  • Roof: Asphalt,Shingle

General Information

  • Number Of Units Total: 6
  • Sewer: Public Sewer

658 18th Street Neighborhood

Community

50314 (Des Moines) Demographics

30
Median Age
4,363
Population Density (per sq. mile)
25%
College Educated
$39,370
Estimated Median Income
1,512
Estimated Total Home Owners
2,390
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

658 18th Street Monthly Cost

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$ %
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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

658 18th Street Market Data

Based on the last 30 days in this zip code

$226,821
Average List Price
$149
Average Price per Square Foot
9
Properties Sold
121
Average Days on Market
47
Properties for Sale
Calculations provided by Reliance Network

658 18th Street History

Date Event Value Agent
6/24/2026Source: Des Moines Area Price Reduction
$419,000 -6.9%
4/7/2026Source: Des Moines Area Added to Database
April 07, 2026
Listing provided courtesy of Keller Williams Realty GDM- MLS# 737568MLS ProviderContact Information: (641) 745-0156