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10-Unit Apartment Building
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1082 21st St, Des Moines, IA 50311

Apartment property with recently replaced exterior components and a mix of efficiency and one-bedroom residences.

Property SizeContact for details
Days on Market142

Property Features for 1082 21st St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: MMGREAIA LLC
Listed By: Shana Patrick · License #F6639000
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MMGREAIA LLC

Investment Insights

Based on property information with market context.

This ten-unit apartment property includes two efficiency units with one bathroom each and eight one-bedroom, one-bathroom units. The unit mix provides a combination of compact and traditional apartment layouts within one building.

Major exterior work was completed within the last two years, including replacement of the roof, windows, and siding. Tenants are responsible for their own electric service, while the landlord covers all other utilities.

Key Highlights

  • Ten‑unit apartment property at 1082 21st Street in Des Moines, Iowa
  • Unit mix includes two efficiency/1BA units and eight 1BD/1BA units
  • Roof, windows, and siding replaced within the last two years

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

613
Businesses Nearby

Demographics for 50311, IA

14,782
Population
7,180
Households
2.1
Avg Household Size
30
Median Age
41%
College-Educated
94%
High-School Grad
2.6 sq mi
ZIP Area
5,685
Density / Sq Mi
$63,233
Median Household Income
$35,086
Median Earnings
$1,019
Median Rent
$228,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with recently replaced exterior components and a mix of efficiency and one-bedroom residences.
Where is this apartment building located?
The property is located at 1082 21st St Des Moines, IA.
What are key features of this property?
This property features: Ten‑unit apartment property at 1082 21st Street in Des Moines, Iowa; Unit mix includes two efficiency/1BA units and eight 1BD/1BA units; Roof, windows, and siding replaced within the last two years
(515) 224-4900 Call to check price and availability
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