8-Unit Apartment Building Near
For Sale
Contact for pricing
1196 9th Street, Des Moines, IA 50314
Eight one-bedroom residences with tenant-paid electric and landlord-provided remaining utilities.
Property SizeContact for details
Days on Market145
Property Features for 1196 9th Street
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
8 x 1BR/1BA
Multifamily Units
8
Listing Agency:
MMGREAIA LLC
(515) 224-4900
Listed By:
Shana Patrick · License #F6639000
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 4:49AM
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.
University Court Apartments is an eight-unit multifamily property at the corner of University Avenue and 9th Street in Des Moines. The building contains eight one-bedroom, one-bathroom apartments. Residents pay their own electric service, while the landlord covers all other utilities.
The property sits north of downtown and is adjacent to the River Bend and Cheatom Park neighborhoods. Mercy Hospital and Des Moines Area Community College campuses are located to the east, while Interstate-235 and the downtown central business district are two blocks south. DART provides two bus stops within one block, and Interstate 35 is minutes away.
The property sits north of downtown and is adjacent to the River Bend and Cheatom Park neighborhoods. Mercy Hospital and Des Moines Area Community College campuses are located to the east, while Interstate-235 and the downtown central business district are two blocks south. DART provides two bus stops within one block, and Interstate 35 is minutes away.
Key Highlights
- Eight‑unit multifamily property with all one‑bedroom/one‑bathroom apartments
- Corner location at University Avenue and 9th Street
- Tenant‑paid electric; landlord pays all other utilities
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,775
Businesses Nearby
Explore this area
Business Placement
Demographics for 50314, IA
11,764
Population
4,780
Households
2.5
Avg Household Size
31
Median Age
15%
College-Educated
72%
High-School Grad
2.5 sq mi
ZIP Area
4,706
Density / Sq Mi
$38,511
Median Household Income
$30,314
Median Earnings
$977
Median Rent
$146,700
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 - Eight one-bedroom residences with tenant-paid electric and landlord-provided remaining utilities.
Where is this apartment building located?
The property is located at 1196 9th Street Des Moines, IA.
What are key features of this property?
This property features: Eight‑unit multifamily property with all one‑bedroom/one‑bathroom apartments; Corner location at University Avenue and 9th Street; Tenant‑paid electric; landlord pays all other utilities
