Two-Story Duplex
4735 172nd Street Urbandale, IA 50323
For Sale
$304,990
Two-story duplex with four bedrooms, 2.5 baths, and an attached two-car garage.
Property Size1,767 SF
Price / SF$172.60
Days on Market1021
Property Features for 4735 172nd Street
General Information
- Standard status
- Active
- Size
- 1,767 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2023
Listing Agency:
DRH Realty of Iowa, LLC
(515) 605-7444
Listed By:
Kathryn Greer
(515) 605-7444
Source:
Xome
Added: Oct 8, 2023
Changed: Jul 21
Last Checked: Jul 24 at 5:15AM
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 DRH Realty of Iowa, LLC
Investment Insights
Based on property information with market context.
This two-story duplex features approximately 1,767 square feet of designed living space with four bedrooms and 2.5 baths. The main level offers an open-concept layout with a spacious living room, a kitchen with white cabinetry, stainless steel appliances, a walk-in pantry, and a large center island, along with a dining area. A guest bathroom and coat closet are also located on the main floor, with direct access to an attached two-car garage. Upstairs, the private primary suite is located at the rear and includes a walk-in shower, dual sinks, and a walk-in closet. Two additional bedrooms, a full bath, and a centrally positioned laundry room complete the second level.
The property is located at 4735 172nd Street in Urbandale, Iowa.
The property is located at 4735 172nd Street in Urbandale, Iowa.
Key Highlights
- 2023‑built two‑story duplex with 1,767 sq. ft., 4 bedrooms, and 2.5 baths
- Kitchen features stainless steel appliances, walk‑in pantry, and a large center island
- Primary suite includes a walk‑in shower, dual sinks, and a walk‑in closet
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.7k | $13.44 |
| − Vacancy | −$1.4k | −$0.77 |
| EGI | $22.4k | $12.67 |
| − OpEx | −$6.7k | −$3.80 |
| NOI | $15.7k | $8.87 |
1,767 SF · lease $13.44/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$223.9K
$196.0K – $261.3K
NOI $15,676 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$195.8K
$171.3K – $228.4K
NOI $13,703 @ 7.0% cap · market cap 4.49%
Theoretical Best
Flex RnD
$1.70M
$1.49M – $1.98M
NOI $119,068 @ 7.0% cap · market cap 39.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-story duplex with four bedrooms, 2.5 baths, and an attached two-car garage.
Where is this duplex located?
The property is located at 4735 172nd Street Urbandale, IA.
What is the asking price?
The asking price for this property is $304,990.
What are key features of this property?
This property features: 2023‑built two‑story duplex with 1,767 sq. ft., 4 bedrooms, and 2.5 baths; Kitchen features stainless steel appliances, walk‑in pantry, and a large center island; Primary suite includes a walk‑in shower, dual sinks, and a walk‑in closet
