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
For sale
$3,000,000
409 E 9th St, Malvern, IA 51551
41beds
17,400sqft
Est.:
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
- 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
Estimated market value
$2,706,900
$2.57M - $2.84M
$929/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2025 | Listed for sale | $3,000,000+14900%$172/sqft |
Source: My State MLS #11592465 Report a problem | ||
| 3/1/2019 | Sold | $20,000+100%$1/sqft |
Source: | ||
| 2/4/2019 | Listed for sale | $10,000$1/sqft |
Source: RE/MAX REAL ESTATE GROUP #18-2095 Report a problem | ||
| 2/4/2019 | Pending sale | $10,000$1/sqft |
Source: RE/MAX REAL ESTATE GROUP #18-2095 Report a problem | ||
| 12/13/2018 | Listing 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
- 6/10Nishna Valley Elementary SchoolGrades: PK-6Distance: 6.3 mi
- 6/10East Mills High SchoolGrades: 7-12Distance: 0.5 mi
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.
- Loading
- Loading

