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About This Home

This 4-bedroom, 1-bathroom residential multi family at 3516 SW 9th Street in Des Moines, IA is listed for $225,000 ($63 per sqft). Built in 1910, the home offers 3,550 sqft of living space on a 0.15 acres lot.

Agent Description

Now is your opportunity to own a truly unique historic property with strong cash flow potential. Once serving as a fire station and believed to have housed the Southside Library, this mixed-use building offers both character and income-ideal for an owner-occupant or investor.

The ground-level commercial space features excellent storefront visibility along a high-traffic corridor with over 17,000 vehicles per day. The layout allows for one larger business or two separate commercial spaces. Current tenants include a thrift shop and a bail bondsman.

Upstairs, you'll find two spacious 2-bedroom, 1-bath apartments, each offering large living rooms and open kitchens. Stove and refrigerator are included in both units. Recent updates provide peace of mind, including a new roof (2019) and three new furnaces and three new central air units installed in 2025 by Dorian Heating & Cooling.

The property features separate gas and electric meters, private tenant parking, a current rental certificate, and is fully leased. Additional upside may be available through future improvement grants from Friends of SW 9th or NFC. Call today to schedule your private showing.

Key Features

  • Built in 1910
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
1 full
1910

Amenities

A/C

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

3516 SW 9th Street

Des Moines, IA 50315

Property Details

Flooring

Laminate

Construction

Brick Stone Stucco

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

RefrigeratorStove

Questions & Answers

This 4-bedroom, 1-bathroom residential multi family at 3516 SW 9th Street is listed at $225,000 ($63/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.15 acre lot, 2 stories.

This property is listed by Ryan Rivera and can be reached at 5155545870 or Ryan@ZealtyNow.com.

RR

Ryan Rivera

Agent at Zealty Home Advisors

(515) 554-5870

Listed by Zealty Home Advisors

MLS# 732544· Source: listhub· Updated 92 days ago

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3516 SW 9th Street, Des Moines, IA 50315

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