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  • Est. $150,000

    1079 22nd St, Des Moines, IA 50311

    9beds
    0baths
    3,812sqft
    Multi Family
    Built in 1892
    -- sqft lot
    $268,400 Zestimate®
    $39/sqft
    $-- HOA

    Overview

    Online bidding starts at $150,000! This is your chance to own your investment property with full transparency in the bidding process. Cash or financing is accepted, and our unique open bidding platform allows you to see exactly what others are offering—no guesswork or blind offers. You set the value, making the process simple and fair. Bidding ends August 25, 2025. This cash-flowing 6-unit property features flexible month-to-month tenants and currently generates $4,185 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.
    22 hours
    on Zillow
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    42
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    Zillow last checked: 7 hours ago

    Listing updated: August 15, 2025 at 04:20pm

    Listed by:

    Jeff Downing (515)257-6477,

    LPT Realty, LLC,

    Randy Murphy 515-669-9332,

    LPT Realty, LLC

    Source: DMMLS,MLS#: 724441MLS LogoOriginating MLS: Des Moines Area Association of REALTORS
    Travel times

    Open houses

    • Sat, Aug 16

      9:00 AM - 10:30 PM

    • Sun, Aug 17

      3:00 PM - 4:30 PM

    • Tue, Aug 19

      11:00 AM - 12:30 PM

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 0
    Interior area
    • Total structure area: 3,812
    • Total interior livable area: 3,812 sqft

    Property

    Lot
    • Size: 9,060.48 Square Feet
    • Dimensions: 66 x 136
    Details
    • Parcel number: 03000878000000
    • Zoning: R1-60
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1892

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $39/sqft
    • Tax assessed value: $141,000
    • Annual tax amount: $2,870
    • Date on market: 8/15/2025
    • Listing terms: Cash,Conventional
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