3516 SW 9th Street Des Moines, IA $ 225,000
3516 SW 9th Street
$ 225,000
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3516 SW 9th Street

Des Moines, IA, 50315
$ 225,000
Bedrooms4 Baths1.0 Sq 3,550

Monthly Estimate*

$ 1,385

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Multi-Family Home for sale in Des Moines, IA

for $225,000 with 4 bedrooms and 1 full bath. This 3,550 square foot home was built in 1910 on a lot size of 0.149.

Now is your opportunity to own a truly unique historic property with strong cash flow potential. Once serving as a fire station and believed to have housed the Southside Library, this mixed-use building offers both character and income—ideal for an owner-occupant or investor. The ground-level commercial space features excellent storefront visibility along a high-traffic corridor with over 17,000 vehicles per day. The layout allows for one larger business or two separate commercial spaces. Current tenants include a thrift shop and a bail bondsman. Upstairs, you’ll find two spacious 2-bedroom, 1-bath apartments, each offering large living rooms and open kitchens. Stove and refrigerator are included in both units. Recent updates provide peace of mind, including a new roof (2019) and three new furnaces and three new central air units installed in 2025 by Dorian Heating & Cooling. The property features separate gas and electric meters, private tenant parking, a current rental certificate, and is fully leased. Additional upside may be available through future improvement grants from Friends of SW 9th or NFC. Call today to schedule your private showing.

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Multi-Family Active

Price

$ 225,000

Bedrooms

4

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,186

Style

Lot Size

0.149

Year Built

1910

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

732544

List By
Ryan Rivera

Listing Agent

Zealty Home Advisors

Broker

Ryan@ZealtyNow.com

Email

Affordability Calculator

$1,651
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$266
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4324878 Elementary School
4324877 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$225,000 Listed Price

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3516 SW 9th Street, Des Moines, IA, 50315 is a Multi-Family Home for sale at $225,000 with 3,550 sqft and a lot size of 0.149. 3516 SW 9th Street has 4 bedrooms, 1.0 baths, and was built in 1910. The property's zip code is 50315 which is in Des Moines, IA