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For sale
  • $3,000,000

    409 E 9th St, Malvern, IA 51551

    41beds
    17,400sqft
    : 
    Multi Family, Apartment
    Built in 1970
    -- sqft lot
    $2,706,900 Zestimate®
    $172/sqft
    $-- HOA

    What's special

    Curb appealModern interiorsThoughtfully chosen finishesContemporary kitchens and bathsGlass tile backsplashesBreaker boxHvac system
    Welcome to a beautifully reimagined 15-unit multifamily property designed for efficient ownership and premium tenant appeal. Every unit showcases tasteful custom trim and crown molding, contemporary kitchens and baths with glass tile backsplashes and thoughtfully chosen finishes that balance style and durability. Each unit has its own HVAC system, breaker box and on-demand water heater. Includes new electrical, plumbing, roof and outdoor improvements/landscaping. A rare combination of aesthetic upgrades and practical, investor-friendly systems. This turn-key building checks the boxes: curb appeal, modern interiors and minimal upkeep. (2) 4/2 bed/bath; (7) 3/2 bed/bath and (6) 2/1 bed/bath
    53 days
    |
    293
    |
    10
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 01, 2025 at 04:59am

    Listed by:

    Julie O'hara 712-215-1506,

    Jim Hughes Real Estate

    Source: My State MLS,MLS#: 11592465

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 41
    • Bathrooms: 24
    • Full bathrooms: 24
    Basement
    • Area: 0
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Oven, Washer
    Features
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 17,400
    • Total interior livable area: 17,400 sqft
    • Finished area above ground: 17,400

    Property

    Lot
    • Size: 1.71 Acres
    Details
    • Lease amount: $0

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Frame
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Electric: Amps(0)

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Malvern

    Financial & listing details

    • Price per square foot: $172/sqft
    • Date on market: 10/18/2025
    • Date available: 10/17/2025
    • Listing agreement: Exclusive
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $2,706,900

    $2.57M - $2.84M

    $929/mo

    Price history

    Price history
    DateEventPrice
    10/18/2025Listed for sale$3,000,000+14900%$172/sqft
    Source: My State MLS #11592465 Report a problem
    3/1/2019Sold$20,000+100%$1/sqft
    Source: GPRMLS #21818697 Report a problem
    2/4/2019Listed for sale$10,000$1/sqft
    Source: RE/MAX REAL ESTATE GROUP #18-2095 Report a problem
    2/4/2019Pending sale$10,000$1/sqft
    Source: RE/MAX REAL ESTATE GROUP #18-2095 Report a problem
    12/13/2018Listing removed$10,000$1/sqft
    Source: RE/MAX REAL ESTATE GROUP #18-2095 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $16,333/mo
    Principal & interest
    $11633
    Property taxes
    $3650
    Home insurance
    $1050

      Climate risks

      Neighborhood: 51551

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: Malvern

      Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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