409 E  9th St, Malvern, IA 51551
FOR SALE
1.71 ACRES

409 E 9th St
Malvern, IA 51551

  • 41 Beds
  • 24 Baths
  • 17 sqft (on 1.71 acres)

$3,000,000

Est. Mortgage $15,283/mo*

$3,000,000

Est. Mortgage $15,283/mo*
41 Beds
24 Baths
17 sqft
(on 1.71 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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 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. (2) 4/2 bed/bath; (7) 3/2 bed/bath and (6) 2/1 bed/bath

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$176,471
Listed
180+ days ago

Home Details for 409 E 9th St

Interior Features

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

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Frontage
Not on Waterfront
Finished Area
Finished Area (above surface): 17400 Square Feet

Days on Market

Days on Market: 180+

Property Information

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

Price & Status

Price
List Price: $3,000,000Price Per Sqft: $176,471

Active Status

MLS Status: Active

Location

Direction & Address
City: Malvern
School Information
Elementary School District: MalvernJr High / Middle School District: MalvernHigh School District: Malvern

Agent Information

Listing Agent
Listing ID: 11592465

Building

Building Area
Building Area: 17400 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.71 acres

Offer

Listing Agreement Type: Exclusive

Rental Terms, Policies & Fees

Miscellaneous

BasementMls Number: 11592465Above Grade Unfinished Area: 17400
Last check for updates: about 18 hours ago
Listing courtesy of Julie O'hara, (712) 215-1506
Jim Hughes Real Estate
Source: My State MLS, MLS#11592465

Price History for 409 E 9th St

DatePriceEventSource
10/18/2025$3,000,000Listed For SaleMy State MLS #11592465
03/01/2019$20,000Sold
SWIAR #18-2095
02/04/2019$10,000PendingToActiveAgent Provided
02/04/2019$10,000PendingAgent Provided
12/13/2018$10,000ListingRemovedAgent Provided
11/13/2018$10,000PendingAgent Provided
10/10/2018$10,000Listed For SaleAgent Provided

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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

Learn more about our methodology.

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 Oct 18, 2025. The MLS # for this home is MLS# 11592465.