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$2,150,000
38 Days On Site

702 20th Street
Des Moines, IA 50314

For Sale|Duplex|Active
21
Beds
19
Total Baths
17
Full Baths
2
Partial Baths
12,392
SqFt
$173
/SqFt
1989
Built
County:
Polk
Call Now: 515-446-7524
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515-446-7524
702 20th Street702 20th Street702 20th Street702 20th Street
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Investment Opportunity in Historic Sherman Hill offering total of 17 units. Rare chance to own a fully remodeled multi-unit property in one of the city’s most desirable neighborhoods. The three-story apartment building was historically remodeled in 2022 w new framing, plumbing, electric, and all interior finished. This building offers 15 units: 9 one-bedroom, 3 two-bedroom, and 3 studio apartments—each with a full bathroom and modern kitchen equipped with stove, refrigerator, microwave, and dishwasher. Residents also enjoy convenient on-site coin-operated laundry. The duplex was fully remodeled in 2019 and has 2 - 3 bedrooms, 2 bathrooms, and an in-unit washer and dryer. Located in the heart of Sherman Hill, this property is close to shops, restaurants, and provides quick access to the interstate. A turnkey investment with strong rental potential in a prime location!

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Listing Snapshot
Price 
$2,150,000
Days On Site 
38 Days
Bedrooms 
21
Inside Area (SqFt) 
12,392 sqft
Total Baths 
19
Full Baths 
17
Partial Baths 
2
Lot Size 
0.184 Acres
Year Built 
1989
MLS® Number 
727368
Status 
Active
Property Tax 
$6,234
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.184
Foundation 
Block
Property Sub Type 
Duplex
Security 
Smoke Detector(s)Fire Alarm
Sewer 
Public Sewer
SqFt Total 
12392
Style 
Duplex
Utilities 
Electricity AvailableWater Available
Water Source 
Public
Zoning 
Res
Interior Features
Appliances 
CooktopDishwasherMicrowaveRefrigerator
Basement 
Unfinished
Cooling 
Geothermal
Flooring 
HardwoodTile
Furnished 
Unfurnished
Heating 
BaseboardElectricHeat Pump
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Exterior Features
Construction Details 
BrickSee Remarks
Lot Features 
Rectangular Lot
Roof 
Rolled/Hot Mop
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Downtown
Roads 
Concrete
School District 
Des Moines Independent
Schools
School District
Des Moines Independent
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of EXIT Realty & Associates



Listing information is provided by Participants of the Des Moines Area Association of Realtors. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Des Moines Area Association of Realtors.
Last checked: 2025-11-09 01:06 PM UTC

Neighborhood & Commute
Source: Walkscore
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