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Investment Highlights

  • 100% Occupied
  • Private rooftops with wet bars and skyline views
  • 29 Attached Two-Car Garages
  • Best-in-class rental alternative to downtown homeownership

Executive Summary

CBRE is pleased to offer for sale Seventh Street Brownstones, a 29-unit townhome community located at 325 SW 7th Street in Downtown Des Moines, Iowa. Completed in 2013, the property represents a rare opportunity to acquire a boutique portfolio of modern townhomes intentionally designed and finished to for sale standards, offering investors multiple exit strategies including selling units individually or continued operation as a stabilized rental community.
Seventh Street Brownstones features 29 three bedroom / two-and-a-half-bathroom residences averaging 1,559 square feet, each with two car attached garages and private rooftop patios, a highly differentiated amenity set that closely aligns with urban homebuyer preferences. The property’s uniform unit mix, efficient layouts, and premium finishes position it favorably for a streamlined and repeatable individual sales execution. Importantly, recent individual unit sales ranging from $300,000 to $365,900 demonstrates established buyer demand and validates the property’s embedded individual value premium.
Located in the heart of Downtown Des Moines, the property is steps from the Historic Court District, Downtown Farmer’s Market, and the metro’s primary employment and entertainment nodes, providing a true urban ownership lifestyle with limited competitive supply. With strong in place rental income, minimal near term capital requirements, and proven for sale liquidity, Seventh Street Brownstones offers investors downside protection through cash flow while preserving significant upside by selling units individually.
Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=DcZCGlC5aof1gtFvyyof-QsQzzl6jYqBD1gooVTiLeaE0NY6NWm4bH3DNYozYsYv
- 325 SW 7th St, Des Moines, IA
- 29 Townhomes
- 2013 Built
- 1,559 SF Avg. Unit Size
- $2,053 Avg. Leased Rent
- 100% Occupied
- 29 Attached To-Car Garages
- Private rooftops with wet bars and skyline views
- Owned by the original developer
- Best-in-class rental alternative to downtown homeownership
- Walkable, irreplaceable downtown location

Property Facts

Sale Type Investment
No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Building Size 45,211 SF
Average Occupancy 100%
No. Stories 2
Year Built 2014
Parking Ratio 1.08/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Views
  • Walk-In Closets
  • Carpet
  • Lawn
  • Patio
  • Wheelchair Accessible (Rooms)
  • Large Bedrooms
  • Quartz Countertops

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Walking/Biking Trails
  • Maintenance on site
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 34 - 1,559
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 020-00125035000
  • 020-00125036000
Land Assessment
$200
Improvements Assessment
$0
Total Assessment
$200
  • Listing ID: 40516020

  • Date on Market: 5/13/2026

  • Last Updated:

  • Address: 325 SW 7th St, Des Moines, IA 50309

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