Listing Agency: Bennett Homes Real Estate J***@remax.net Show Phone

Listed By: Joseph Bennett · License #IA S61129000

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:51AM

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Investment Insights

Based on property information with market context.

Previously operated as a group home, this multifamily property includes multiple bedrooms, with a private bathroom serving each bedroom. The existing layout also features a full kitchen and communal areas, creating a configuration that can support a range of residential concepts. The property has been identified for possible adaptation into a multifamily residence, wellness retreat, or co-living space.

Key Highlights

• Previously used as a group home
• Multiple bedrooms, each with a private bathroom
• Full kitchen included

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Skin Care Clinic Big Box & Wholesale Store Auto Repair Shop

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

102

Businesses Nearby

Explore this area Business Placement

Demographics for 50317, IA

37,221

Population

15,193

Households

2.4

Avg Household Size

38

Median Age

15%

College-Educated

87%

High-School Grad

22.1 sq mi

ZIP Area

1,684

Density / Sq Mi

$61,569

Median Household Income

$36,641

Median Earnings

$1,079

Median Rent

$165,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Former group home with multiple bedrooms, private bathrooms, communal areas, and a full kitchen.

Where is this multifamily property located?

The property is located at 1200 Williams St Des Moines, IA.

What are key features of this property?

This property features: Previously used as a group home; Multiple bedrooms, each with a private bathroom; Full kitchen included