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Four-Unit Apartment Building
For Sale
$155,000

1325 6th Ave, Des Moines, IA 50314

Updated electrical service gives each apartment independent thermostat control within a certified rental property.

Property Size2,167 SF
Price / SF$71.53
Days on Market139

Property Features for 1325 6th Ave

General Information

Standard status Active
Size 2,167 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $2,670

Building Details

Tenancy Multi
Listing Agency: Fathom Realty
Listed By: Lisa Char
Source: Exprealty
Added: Mar 26 Changed: Aug 3 Last Checked: Aug 10 at 8:34AM

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 Fathom Realty

Investment Insights

Based on property information with market context.

This four-unit apartment property contains 2,167 SF with a consistent layout of one bedroom and one bathroom per unit. Electrical improvements provide separate thermostat control for each apartment. The property is being sold in its present condition, and a current rental certificate is in place.

All four apartments are occupied under month-to-month arrangements without written leases currently in place. Unit 1 is vacant and available for viewing, while access to occupied units requires at least 24 hours’ notice. Located at 1325 6th Ave in Des Moines, Iowa, the property offers an established residential income configuration with individual unit utility control.

Key Highlights

  • Four individual apartments, each with 1 bedroom and 1 bathroom
  • 2,167 SF multifamily property
  • Updated electric service with a separate thermostat for every unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Nail Salon Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,801
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Updated electrical service gives each apartment independent thermostat control within a certified rental property.
Where is this quadplex located?
The property is located at 1325 6th Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Four individual apartments, each with 1 bedroom and 1 bathroom; 2,167 SF multifamily property; Updated electric service with a separate thermostat for every unit
More about this property
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