409 E 9th St
Malvern, IA 51551
- 41 Beds
- 24 Baths
- 17 sqft (on 1.71 acres)
$2,900,000
Original price: $3,000,000
$2,900,000
Original price: $3,000,000
41 Beds
24 Baths
17 sqft
(on 1.71 acres)
Home Highlights
Climate Control
Heating only
Price/Sqft
$170,588
Listed
22 days ago
Local Information
-- mins to
About this House
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.
Home Details for 409 E 9th St
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Interior Details Basement: PartialNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 41Number of Bathrooms: 24Number of Bathrooms (full): 24 |
Dimensions and Layout Living Area: 17 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Dryer, Refrigerator, Oven, WasherDishwasherDryerRefrigeratorWasher |
Heating & Cooling Heating: Has Heating Unspecified TypeNo CoolingHas HeatingHeating Fuel: Has Heating Unspecified Type |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Amps(0) |
View No View |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Frontage Not on Waterfront |
Finished Area Finished Area (above surface): 17400 Square Feet |
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Days on Market: 22 |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, ApartmentStructure Type: ApartmentArchitecture: Apartment |
Building Construction Materials: FrameNot a New Construction |
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Price List Price: $2,900,000Price Per Sqft: $170,588 |
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MLS Status: Active |
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Direction & Address City: Malvern |
School Information Elementary School District: MalvernJr High / Middle School District: MalvernHigh School District: Malvern |
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Listing Agent Listing ID: 11592465 |
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Building Area Building Area: 17400 Square Feet |
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No HOA |
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Lot Area: 1.71 acres |
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Listing Agreement Type: Exclusive |
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BasementMls Number: 11592465Above Grade Unfinished Area: 17400 |
Last check for updates: about 9 hours ago
Listing courtesy of Julie O'hara, (712) 215-1506
Jim Hughes Real Estate
Source: My State MLS, MLS#11592465
Market trends in Malvern
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
10
1MoM
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 5, 2026 Source: My State MLS #11592465 | PriceChange | $2,900,000 Price decreased by 3% |
Jul 23, 2026 Source: My State MLS #11592465 | Listed For Sale | $3,000,000 |
May 18, 2026 Source: My State MLS #11592465 | ListingRemoved | $3,000,000 |
Oct 18, 2025 Source: My State MLS #11592465 | Listed For Sale | $3,000,000 |
Mar 1, 2019 Source: SWIAR #18-2095 | Sold | $20,000 |
Feb 4, 2019 Source: Agent Provided | PendingToActive | $10,000 |
Feb 4, 2019 Source: Agent Provided | Pending | $10,000 |
Dec 13, 2018 Source: Agent Provided | ListingRemoved | $10,000 |
Nov 13, 2018 Source: Agent Provided | Pending | $10,000 |
Oct 10, 2018 Source: Agent Provided | Listed For Sale | $10,000 |
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Home Value
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Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $120,000 | - | - | - | For Sale | |
0.06 | $92,100 | 2 | 1 | 728 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.07 | $190,300 | 3 | 2 | 1,794 | Off Market | |
0.09 | $220,400 | 2 | 2 | 1,048 | Off Market | |
0.08 | $249,900 | 3 | 2 | 1,056 | For Sale | |
0.09 | - | - | - | - | Off Market | |
0.11 | $416,200 | 4 | 2.5 | 5,085 | Off Market |
Around this home
What Locals Say about Malvern
At least 2 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say yards are well-kept
100 % Say it's walkable to restaurants
100 % Say parking is easy
100 % Say car is needed
83 % Say kids play outside
83 % Say it's quiet
80 % Say people would walk alone at night
75 % Say there are sidewalks
67 % Say it's walkable to grocery stores
64 % Say neighbors are friendly
50 % Say there are community events
50 % Say there's holiday spirit
50 % Say there's wildlife
33 % Say streets are well-lit
20 % Say they plan to stay for at least 5 years
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Julie O'hara, Jim Hughes Real Estate
Agent Phone: (712) 215-1506
409 E 9th St, Malvern, IA 51551 is a 41 bedroom, 24 bathroom, 17 sqft multi-family built in 1970. This property is currently available for sale and was listed by My State MLS on Jul 23, 2026. The MLS # for this home is MLS# 11592465.

