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543 53rd Street

Des Moines, IA 50312
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Bed 6

Bed

Bath 5

Bath

SqFt4,025

Sqft

Acres0.16

Acre(Lot)

Calling all investors! This turnkey multifamily is ready to pass to new owners after 20 years. The over 4,000 finished sqft offers 5 units: four 1 bedroom & one 2 bedroom with total rent roll potential for all 5 units near $6,000. Owner's apartment is stunning and completely remodeled with gorgeous hardwood floors, quartz counters paired with gorgeous backsplash & new cabinets & sink. Hall leads past a beautiful bathroom to the bedroom with walk-in closet. You will love the custom clothing unit/shelving. Newer windows, designer light fixtures, top of the line stainless appliances are just a few of the perks of the owner's unit. Storage is available in the 2+car attached garage and lower level. Coin laundry serves the tenants well. Parking is provided by on-street & off street. This locatio n is amazing in the heart of the Waterbury neighborhood with-in walking distance to public transportation and minutes to the "Avenues" of Ingersol and Grand for shopping and restaurant experiences. This is an easy commute to downtown and I-235 to the suburbs. Add this gem to your investment portfolio!

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Detail Ic Property Details

Property Type : Residential Income

Price : $499,500

AD Id : 77830188

MLS Id : 739522

Beds : 6

Lot Size : 0.16 Acre

Living Area Size : 4,025

Year Built : 1916

Garage : 2

County : Polk

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 5 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Unfinished, Walk-Out Access
  • Flooring Information

    Hardwood, Tile
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Appliances: Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Electric, Forced Air, Heat Pump, See Remarks Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1916 Building Area Total: 4025 Construction Materials: Brick, Stucco Private Pool: No

  • Lot Information

    Lot Dimensions: 75X90 Main Square Feet: 0.155 Acres Lot Size Acres: 0.155 Lot Size Square Feet: 6750 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $499500 Original Price: $596000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 09002462000000 Annual Tax: $7357 Tax Legal Desc: N 75F W 90F LOT 10 ORP LOTS 19 THRU 24, 37 THRU 40, 42 & 43 GRAND AVE HEIGHTS

  • Parking Information

    Attached, Garage

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2
    Homeowners Association Information
    Included Fees: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash Community Features: Sidewalks

  • Utility Information

    Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Location Information

    Direction: Ingersoll to 53rd St to home. WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
816 23rd Street, Des Moines, IA, 50312 $275,000 4 2 1,138 1,138 SqFt
916 24th Street, Des Moines, IA, 50312 $199,900 2 1 936 936 SqFt
2410 Terrace Road, Des Moines, IA, 50312 $575,000 3 4 2,080 2,080 SqFt
2819 Rollins Avenue, Des Moines, IA, 50312 $284,900 4 3 968 968 SqFt
829 29th Street, Des Moines, IA, 50312 $214,900 2 1 1,567 1,567 SqFt
36 30th Street, Des Moines, IA, 50312 $625,000 3 4 2,258 2,258 SqFt
714 31st Street, Des Moines, IA, 50312 $274,900 3 2 1,384 1,384 SqFt
335 31st Street, Des Moines, IA, 50312 $899,000 5 4 2,460 2,460 SqFt
3103 Grand Avenue, Des Moines, IA, 50312 $595,000 9 9 3,967 3,967 SqFt
677 33rd Street, Des Moines, IA, 50312 $200,000 2 1 1,088 1,088 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/10/2026 @ 04:12

MLS: 739522 LISTED BY: Pennie Carroll, Pennie Carroll & Associates 515-490-8025 SOURCE: Des Moines Area Association of REALTORS

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