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$850,000
39 Days On Site
811 16th StreetDes Moines, IA 50314
For Sale|Residential Income|Active
13
Beds
9
Total Baths
9
Full Baths
5,689
SqFt
$149
/SqFt
County:
Polk
Call Now: 515-446-7524
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515-446-7524
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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.
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Listing Snapshot
Price
$850,000
Days On Site
39 Days
Bedrooms
13
Inside Area (SqFt)
5,689 sqft
Total Baths
9
Full Baths
9
Partial Baths
N/A
Lot Size
0.147 Acres
Year Built
N/A
MLS® Number
731192
Status
Active
Property Tax
$10,540
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing first seen on site | |
| a month ago | Listing updated with changes from the MLS® |
General Features
Acres
0.147
Foundation
Brick/Mortar
SqFt Below
457
SqFt Total
5689
Utilities
Electricity AvailableNatural Gas AvailableWater Available
Water Source
Public
Zoning
NX2A
Interior Features
Appliances
CooktopDryerDishwasherRefrigeratorWasher
Basement
Partially Finished
Cooling
Window Unit(s)
Heating
Natural GasRadiant
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Exterior Features
Roof
Rubber
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 Keller Williams Realty GDM
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 2026, Des Moines Area Association of Realtors.
Last checked: 2026-01-11 05:24 PM UTC
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 2026, Des Moines Area Association of Realtors.
Last checked: 2026-01-11 05:24 PM UTC
Neighborhood & Commute
Source: Walkscore
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