As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$181,054 (+2.1%)
$292,000 + $9,158,000
$9,450,000
2024
$177,404 (−6.4%)
$292,000 + $8,458,000
$8,750,000
2023
$189,614 (−14.4%)
$292,000 + $8,458,000
$8,750,000
2022
$221,602 (+354.6%)
$171,000 + $7,639,000
$7,810,000
2021
$48,750 (−10.8%)
$171,000 + $7,639,000
$7,810,000
2020
$54,662 (−5.3%)
$171,000 + $7,639,000
$7,810,000
2019
$57,704 (−45.2%)
$156,000 + $1,430,000
$1,586,000
2018
$105,234 (+72.0%)
$156,000 + $1,430,000
$1,586,000
2017
$61,196 (−8.7%)
$155,800 + $2,564,200
$2,720,000
2016
$66,996 (−8.3%)
$90,000 + $1,430,000
$1,520,000
2013
$73,028
$90,000 + $11,110,000
$11,200,000
Tax history for 340 SW 5th St
Year
Property tax
Land + Additions
Assessment*
2025
$181,054 (+2.1%)
$292,000 + $9,158,000
$9,450,000
2024
$177,404 (−6.4%)
$292,000 + $8,458,000
$8,750,000
2023
$189,614 (−14.4%)
$292,000 + $8,458,000
$8,750,000
2022
$221,602 (+354.6%)
$171,000 + $7,639,000
$7,810,000
2021
$48,750 (−10.8%)
$171,000 + $7,639,000
$7,810,000
2020
$54,662 (−5.3%)
$171,000 + $7,639,000
$7,810,000
2019
$57,704 (−45.2%)
$156,000 + $1,430,000
$1,586,000
2018
$105,234 (+72.0%)
$156,000 + $1,430,000
$1,586,000
2017
$61,196 (−8.7%)
$155,800 + $2,564,200
$2,720,000
2016
$66,996 (−8.3%)
$90,000 + $1,430,000
$1,520,000
2013
$73,028
$90,000 + $11,110,000
$11,200,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
DX2
Downtown District
DX2 is intended for the mid-level intensity of activity in downtown, where storefronts, offices, and residences are mixed.
Permitted uses
Include but are not limited to:
Religious facility
General retail
Restaurant
Hospital / medical center
Housing-Multiple units
Housing-Senior
Hotel / motel
Office
Fire house
Police station
Sep 8, 2017 • Final
Tidemark import - bld
Remodel
Nov 30, 2015 • Final
Tidemark import - bld
Battery
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 16,093
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Construction Type: Concrete/Steel
Exterior Wall: Brick/Masonry
Roof Framing Type: Concrete
Roof Shape Type: Flat
Building Type: Apartment
Property Information
Subdivision Name: FACTORY ADD
Gross Sq. Ft: 81,191
Ground Floor Sq. Ft: 8,228
Building Sq. Ft: 90,145
# of Stories: 7
Legal Description: LOT 17 & -EX E 120F- LTS 15 & 16 REPLAT OF PART OF FACTORY ADDITION
Lot Information
# of Buildings: 2
Land Sq. Ft: 19,478
Legal Lot Number: 17
Municipality Type: DES MOINES
Acres: 0.447
Zoning Code: C-3R
County Use Description: APARTMENT WITH ELEVATOR
Utility Information
Electricity / Wiring Type: Average Wiring
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: 81,191
Stories: 7.0
Lot Size: 0.45 acres
Style: Multi-Family (5+ Unit)
Year Built: 1911
Year Renovated: —
County: Polk County
APN: 02001059001000
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Walnut Street School
Public PreK-5 • Assigned • 0.5mi
2/10
Callanan Middle School
Public 6-8 • Assigned • 2.0mi
2/10
Roosevelt High School
Public 9-12 • Assigned • 3.2mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Des Moines, IA • 50309
Average low and high temperatures (°F)
32
15
40
21
59
36
65
46
75
53
84
66
87
70
84
66
82
61
71
50
51
35
38
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 4.1 hours in December, which is comparable to the
U.S. average for solar exposure.