This Multifamily Property is no longer advertised on LoopNet.com.

2525 51st St
Des Moines, IA 50310
Multifamily Property For Sale · 2 Units

Investment Highlights

  • Large 4 bed, 2 bath units - 2067sf each
  • Proforma Cash on Cash: 12.5%
  • 1 Mile to Merle Hay Mall
  • Proforma CapRate - 8.9%
  • 10 Minutes to Downtown

Property Facts

No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.48 AC
Building Size 2,067 SF
Average Occupancy 100%
No. Stories 2
Year Built 1950
Zoning N3B

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2 2 $1,775 2,067

Property Taxes

Property Taxes

Parcel Number
100-04026000000
Land Assessment
$65,900
Improvements Assessment
$397,300
Total Assessment
$463,200
  • Listing ID: 28508762

  • Date on Market: 5/17/2023

  • Last Updated:

  • Address: 2525 51st St, Des Moines, IA 50310

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