811 16th Street, Des Moines, IA 50314
Local realty services provided by:CENTURY 21 Signature Real Estate
811 16th Street,Des Moines, IA 50314
$850,000
- 13 Beds
- 9 Baths
- 5,689 sq. ft.
- Multi-family
- Active
Listed by: jared husmann
Office: keller williams realty gdm
MLS#:731192
Source:IA_DMAAR
Price summary
- Price:$850,000
- Price per sq. ft.:$149.41
About this home
The KataLYST Team by KW Commercial is proud to
exclusively present 811 16th St. in Des Moines, IA;
a well-maintained, historic property in the highly
sought-after Sherman Hill neighborhood. Featuring
timeless charm with real hardwood floors, original
built-ins, and solid craftsmanship, this asset offers
both aesthetic appeal and strong fundamentals.
Currently operating at a true 5.01% cap rate, the
property presents a compelling value-add
opportunity with projected rental upside of 10.2% as
market rents continue to strengthen. Ideal for
investors looking for a stable return with long-term
growth potential.
Contact an agent
Home facts
- Listing ID #:731192
- Added:8 day(s) ago
- Updated:December 12, 2025 at 05:05 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:9
- Full bathrooms:9
- Living area:5,689 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Natural Gas, Radiant
Structure and exterior
- Roof:Rubber
- Building area:5,689 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public, Water Available
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$149.41
- Tax amount:$10,540 (2024)
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