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Renovated 13-Unit Apartment Building
For Sale
Contact for pricing

1219 34th St, Des Moines, IA 50311

Fully leased property offers varied floor plans, in-unit laundry, tenant parking, and controlled access.

Property SizeContact for details
Days on Market145

Property Features for 1219 34th St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: CDM Real Estate Services
Listed By: Rob Myers · License #IA B39972
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 3:56PM

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 CDM Real Estate Services

Investment Insights

Based on property information with market context.

Completed in fall 2022, this renovated apartment property includes 13 units across two buildings. The front structure contains four units, including one two-story residence, while the rear dorm-style building includes nine units. Floor plans range from studios to three-bedroom apartments, with unit sizes spanning 346 to 1,194 square feet. Select configurations include one or two bathrooms, and each residence is equipped with a washer and dryer, stainless steel appliances, tiled showers, a 60-inch TV, and 60mb internet. Design details include exposed concrete floors, ceilings, and walls, along with modern lighting.

All 13 units are leased. Tenants have access to 19 designated parking spaces, controlled exterior and interior locks, and an exterior camera system. The property is located off University Avenue, three blocks from Drake University, in Des Moines.

Key Highlights

  • 13‑unit apartment property completed in fall 2022
  • Two‑building layout with four front‑building units and nine rear dorm‑style units
  • Unit sizes range from 346 to 1,194 square feet

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Auto Repair Shop Spa & Massage Center

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

480
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 - Fully leased property offers varied floor plans, in-unit laundry, tenant parking, and controlled access.
Where is this apartment building located?
The property is located at 1219 34th St Des Moines, IA.
What are key features of this property?
This property features: 13‑unit apartment property completed in fall 2022; Two‑building layout with four front‑building units and nine rear dorm‑style units; Unit sizes range from 346 to 1,194 square feet
(515) 901-3403 Call to check price and availability
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