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Four-Unit Apartment Building

1325 6th Ave, Des Moines, IA 50314

For Sale
$145,000

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

Property Size2,167 SF
Price / SF$66.91
Days on Market105

Property Features for 1325 6th Ave

General Information

Standard status Active
Size 2,167 SF
Property subtype Multi-Family

Site & Location

Neighborhood River Bend

Building Details

Year Built 1886
Tenancy Multi
Listing Agency: Fathom Realty
Listed By: Lisa Char
Source: Mistysoldteamiowa
Added: Aug 2 Changed: Oct 25 Last Checked: Oct 7 at 5:21PM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

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 $145,000.
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
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