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Investment Highlights

  • Up to 17 Units Per Acre.

Executive Summary

Multifamily development ground zoned N3A on which the City will embrace up to 17 units per acre. There is currently a single family residence with tenant on the property. Two
adjacent parcels are also for sale at 4150 E. University.

Property Facts

Price $675,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 8.92 AC
Zoning N3A - Multifamily development

1 Lot Available

Lot 1

Price $675,000
Price Per AC $75,706.59
Lot Size 8.92 AC

Development ground with access to sit from Mahaska Ave.

Description

Multifamily development ground zoned N3A on which the City will embrace up to 17 units per acre located in Des Moines IA.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
060-09495002000
Land Assessment
$86,700
Improvements Assessment
$226,200
Total Assessment
$312,900
  • Listing ID: 37242979

  • Date on Market: 8/12/2025

  • Last Updated:

  • Address: 4224 E University Ave, Des Moines, IA 50317

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