$2,900,000
409 E 9th StreetMalvern, IA 51551
Multifamily property · MLS 11592465 · Listed 383 days ago (Oct 17, 2025)
Active: Listed and available according to the MyStateMLS feed.
About this property
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 (2024) 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.
Description provided by the listing brokerage.
Key facts
- Asking price
- $2,900,000
- Status
- For sale
- Property type
- MultifamilyFrom the MLS property class
- Land area
- 1.71 acresSource field LotSizeAcres
- Year built
- 1970
- MLS number
- 11592465
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $2,900,000
Building and site
- County
- Mills County
Listing details
Appliances
- Washer
- Range
- Refrigerator
- Dryer
- Dishwasher
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Malvern or multifamily property in Malvern.
Why this listing is on Commercial Only
- Multi-unit income property class. (PropertyTypeDetail: multi-unit)
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Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
Guides
Listing courtesy of Jim Hughes Real Estate. Listing agent: Julie O'Hara. Listings provided by MyStateMLS.
Listing last modified at the source Nov 3, 2026, 12:00 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 11:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.