226 1st Street
West Des Moines, IA 50265
8
Bed
4
Bath
3,356Sqft
0.35Acre(Lot)
Great investment property just blocks from the Valley Junction entertainment district. This is a purpose-built 4 plex, not a conversion. Featuring 4 two-bedroom units that all have an unfinished walk-up attic that leaves potential for more finish. There are spacious living rooms, ample kitchens, and classic features like hardwood floors and trim. Ample off-street parking behind the property for all tenants as well as a shared fenced-in yard. The roof, siding, and HVAC have been updated on all units, meaning no large expenses in the near future. Build your rental portfolio or even create some AirBnB options in this great location.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Basement: Crawl Space -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1912 Building Area Total: 3356 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Lot Dimensions: 104X145 Main Square Feet: 0.346 Acres Lot Size Acres: 0.346 Lot Size Square Feet: 15080
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Listing Price Information
Listing Price: $399900 Cash, Conventional
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Tax Information
Parcel Number: 32004446000000 Annual Tax: $5222 Tax Legal Desc: N 4F LOT 3 & LOTS 1 & 2 BLK 14 VALLEY JUNCTION
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Utility Information
Electricity Available, Natural Gas Available, Water Available -
Location Information
Direction: 235 to 63rd go south to property on west side of street WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2347 SE Billings Place, West Des Moines, IA, 50265 | $419,990 | 5 | 4 | 2,053 | 2,053 SqFt |
| 2451 SE Billings Place, West Des Moines, IA, 50265 | $364,990 | 4 | 3 | 1,498 | 1,498 SqFt |
| 2437 SE Billings Place, West Des Moines, IA, 50265 | $369,990 | 4 | 4 | 1,498 | 1,498 SqFt |
| 2468 SE Billings Place, West Des Moines, IA, 50265 | $344,990 | 4 | 3 | 2,053 | 2,053 SqFt |
| 2363 SE Billings Place, West Des Moines, IA, 50265 | $351,990 | 4 | 2 | 1,606 | 1,606 SqFt |
| 2356 SE Billings Place, West Des Moines, IA, 50265 | $407,990 | 4 | 3 | 1,498 | 1,498 SqFt |
| 2400 SE Billings Place, West Des Moines, IA, 50265 | $359,990 | 4 | 3 | 1,442 | 1,442 SqFt |
| 2379 SE Fox Valley Drive, West Des Moines, IA, 50265 | $365,000 | 4 | 3 | 1,156 | 1,156 SqFt |
| 2492 SE Fox Valley Drive, West Des Moines, IA, 50265 | $344,990 | 4 | 3 | 2,053 | 2,053 SqFt |
| 2567 SE Fox Valley Drive, West Des Moines, IA, 50265 | $370,000 | 4 | 3 | 2,195 | 2,195 SqFt |
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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 06/16/2026 @ 23:33
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