12-Unit Apartment
For Sale
$672,043
1195 Northwest Aurora Avenue, Des Moines, IA 50313
Multifamily property with consistent two-bedroom, one-bath unit layouts.
Property Size15,844 SF
Price / SF$42.42
Days on Market92
Property Features for 1195 Northwest Aurora Avenue
General Information
Standard status
Active
Size
15,844 SF
Property subtype
Multifamily
Units
Unit Mix
12 x 2BR/1BA
Multifamily Units
12
Additional Details
Cap Rate
7.83%
Building Details
Year Built
1972
Listing Agency:
(515) 415-6111
Listed By:
Ray Hamilton
(515) 415-6111
Source:
Cbre
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 31 at 1:15PM
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 Ray Hamilton
Investment Insights
Based on property information with market context.
This multifamily property contains 12 apartment units, each configured with two bedrooms and one bathroom. The building was constructed in 1972 and provides 15,844 square feet of apartment space.
Located at 1195 Northwest Aurora Avenue in Des Moines, Iowa, the property offers an established apartment-building configuration with uniform unit layouts. The reported capitalization rate is 7.83%.
Located at 1195 Northwest Aurora Avenue in Des Moines, Iowa, the property offers an established apartment-building configuration with uniform unit layouts. The reported capitalization rate is 7.83%.
Key Highlights
- 12 apartment units
- All units feature a two‑bedroom, one‑bathroom layout
- 15,844 square feet of building area
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
Demographics for 50313, IA
17,723
Population
7,674
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
86%
High-School Grad
18.1 sq mi
ZIP Area
979
Density / Sq Mi
$64,077
Median Household Income
$36,284
Median Earnings
$1,077
Median Rent
$161,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with consistent two-bedroom, one-bath unit layouts.
Where is this apartment building located?
The property is located at 1195 Northwest Aurora Avenue Des Moines, IA.
What is the asking price?
The asking price for this property is $672,043.
What are key features of this property?
This property features: 12 apartment units; All units feature a two‑bedroom, one‑bathroom layout; 15,844 square feet of building area
