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About This Home

This 6-bedroom, 6-bathroom multi-family at 686 19th Street in Des Moines, IA is listed for $475,000 ($83 per sqft). Built in 1913, the home offers 5,692 sqft of living space on a 0.17 acres lot.

Agent Description

686 19th Street is a well-located six-unit multifamily property in Des Moines' historic Sherman Hill neighborhood, one of the city's most desirable and character-rich areas. The property combines historic charm, neighborhood stability, and close proximity to downtown, making it attractive to both residents and investors.

Sherman Hill is known for its tree-lined streets, classic architecture, and quiet residential feel, while offering easy access to downtown amenities. Residents enjoy walkable access to Smokey Row Coffee Company and Gateway Market, along with nearby dining, nightlife, and major employment centers.

The six-unit layout offers manageable scale and consistent rental demand, supported by limited multifamily supply and strong neighborhood appeal. The location promotes long-term occupancy, stable cash flow, and tenant retention. 686 19th Street presents a solid opportunity to acquire a multifamily asset in a walkable, supply-constrained neighborhood with proven investment fundamentals.

Key Features

  • Built in 1913
  • 0.17 acre lot

Property Details

6 full
1913

Amenities

A/C

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

686 19th Street

Des Moines, IA 50314

Property Details

Construction

Stucco

Heating

Radiant

Cooling

Window Unit(s)

Questions & Answers

This 6-bedroom, 6-bathroom multi-family at 686 19th Street is listed at $475,000 ($83/sqft). The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.

Key features include: Built in 1913, 0.17 acre lot.

This property is listed by Tom Butler and can be reached at 5154911561 or tom@tombutler.com.

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TB

Tom Butler

Agent at LPT Realty, LLC

(515) 491-1561

Listed by LPT Realty, LLC

MLS# 733952· Source: listhub· Updated 63 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.

686 19th Street, Des Moines, IA 50314

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