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1137 26th Street Des Moines, IA $ 750,000
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1137 26th Street
$ 750,000
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1137 26th Street

Des Moines, IA, 50311
$ 750,000
Bedrooms12 Baths12.0 Sq 5,932

Monthly Estimate*

$ 5,180

1137 26th Street, Des Moines, IA 50311 - Image 1
1137 26th Street, Des Moines, IA 50311 - Image 2
1137 26th Street, Des Moines, IA 50311 - Image 3

Multi-Family Home for sale in Des Moines, IA

for $750,000 with 12 bedrooms and 12 full baths. This 5,932 square foot home was built in 1895 on a lot size of 0.282.

The KataLYST Team by KW Commercial is pleased to market exclusively for sale 1137 26th Street, Des Moines, Iowa — a 12-unit multifamily asset positioned at the intersection of stable income, institutional demand, and compelling long-term upside in one of Des Moines' most actively reinvested urban neighborhoods. On an after-tax basis, the investment delivers an IRR of 11% and a modified IRR of 10.61% at a 5-year exit, with projected net resale proceeds of $337,269 on an initial equity investment of $225,000.

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Multi-Family Active

Price

$ 750,000

Bedrooms

12

Full Bath

12

Property Type

Multi-Family

Taxes

$ 14,984

Style

Lot Size

0.282

Year Built

1895

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

752379
Features
General
Utilities Water Available
County Polk
Property Type Multi Family
Home Owner Assoc false
Status Active
Directions Take University Ave. to 26th St. and turn South on 26th St.
City Des Moines
High School District Des Moines Independent
Zoning Description R-3
Lot Size Units Acres
Lot Size Square Feet 12288
Tax Annual Amount 14984
Lease Considered Y/N false
Standard Status Active
Middle/Junior School District Des Moines Independent
Elementary School District Des Moines Independent
Architectural Style
Year Built 1895
Full Baths 12
Occupancy Type Tenant
MLS Area Des Moines West
NumberOfUnitsTotal 12
Legal Description LOTS 35 & 36 DRAKE UNIVERSITY 2ND ADD
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Interior
Half Baths 0
Total Bedrooms 12
Total Baths 12
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Exterior
Lot Size Area 0.282
Lot Size Acres 0.282
Building Area Total 5932
Lot Dimensions 96X128
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Internal Only
Street Number 1 1137
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* Excluded Features
List By
Jared Husmann

Listing Agent

Keller Williams Realty Gdm

Broker

jhusmann@katalystteam.com

Email

Affordability Calculator

$6,429
Per Month
81%
19%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
$1,249
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2026$750,000 Listed Price

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1137 26th Street, Des Moines, IA, 50311 is a Multi-Family Home for sale at $750,000 with 5,932 sqft and a lot size of 0.282. 1137 26th Street has 12 bedrooms, 12.0 baths, and was built in 1895. The property's zip code is 50311 which is in Des Moines, IA

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