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$ 750,000
Est. payment /mo
New
1137 26th Street Des Moines, IA 50311
12 Beds
12 Baths
5,932 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,932 sqft
Price per Sqft $126
MLS Listing ID 752379
Bedrooms 12
Full Baths 12
HOA Y/N No
Year Built 1895
Annual Tax Amount $14,984
Lot Size 0.282 Acres
Acres 0.282
Property Description
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.
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.
Location
State IA
County Polk
Area Des Moines West
Zoning R-3
Interior
Fireplace No
Exterior
Utilities Available Water Available
Private Pool No
Schools
School District Des Moines Independent
Others
Tax ID 03001439000000
Monthly Total Fees $1, 248
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Keller Williams Realty GDM