This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Des Moines, IA or Iowa

Elsie Mason Manor

430 Grand Avenue, Des Moines, IA 50309


150 Units | Multifamily

  • Print

Multifamily Property - Off Market

No. Units:
Building Size:
131,000 SF
Property Type:
Property Sub-type:
Government Subsidized
Property Use Type:
Cap Rate:
Listing ID
Last Updated
over 1 year ago


This 16-story 131,000 SF square foot apartment building was constructed in 1981 and includes air rights above church-owned property housing 150 unit HUD Project that serves restricted income and disabled residents.

Note: Buyer Brokers must be paid by Buyer

Located at 413 5th Avenue, Des Moines, this building is situated in the heart of Iowa' s largest City and Des Moines' Central Business District. Zoning for the subject property is C-3, Central Business Commercial District. This CBD is a major employment district for the CBSA, Core Base Statistical Area which includes the following counties: Polk, Dallas, Warren, Guthrie and Madison. Population for the CBSA is estimated to be over 550,000.

Map of 430 Grand Avenue, Des Moines, IA 50309 (Polk County)

Research for 430 Grand Avenue, Des Moines, IA 50309 (Polk County)

  • Demographics – Population, income & other demographics near 430 Grand Avenue
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building