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Renovated Duplex with Development Site

2200-2206 Indianola Ave, Des Moines, IA 50315

For Sale
Contact for pricing

An updated duplex occupies a redevelopment site with Indianola Avenue frontage and access to a high-traffic corridor.

Property SizeContact for details
Lot Size0.97 Acres
Days on Market61

Property Features for 2200-2206 Indianola Ave

General Information

Standard status Active
Lot size 0.97 Acres
Property subtype LAND

Site & Location

Neighborhood Indianola Hills
Road Access Yes

Building Details

Year Built 1910
Year Renovated 1993
Buildings 1
Listing Agency: KW Commercial
Listed By: Mick Grossman · License IA S43534000
Source: Moodyscre
Added: Sep 15 Changed: Nov 10 Last Checked: Nov 12 at 9:40AM

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 KW Commercial

Rey
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Investment Insights

Based on property information with market context.

This offering includes an up/down duplex built in 1910 and fully renovated in 1993. The residential improvement is paired with two contiguous parcels totaling 0.97 acres, or 42,200 SF, creating a combined property with both existing income-producing use and additional development land. Conceptual residential development plans have been prepared for the site.

The property is located at 2200-2206 Indianola Ave in Des Moines, with frontage along Indianola Avenue and proximity to Downtown Des Moines, Gray’s Lake, and major corridors. The site has previously drawn developer interest and is positioned within a growing corridor.

Key Highlights

  • Up/down duplex built in 1910 and fully renovated in 1993
  • Two contiguous parcels totaling 0.97 acres and 42,200 SF
  • Indianola Avenue frontage with high traffic counts

Property Analytics

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Spa & Massage Center Parking Lot & Garage Nail Salon

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby

Demographics for 50315, IA

36,693
Population
16,579
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
87%
High-School Grad
10.3 sq mi
ZIP Area
3,562
Density / Sq Mi
$62,036
Median Household Income
$41,311
Median Earnings
$977
Median Rent
$164,000
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Des Moines, IA

$149 Jul
$148 Aug
$164 Sep
$180 Oct

Properties on Market for Duplexes in Des Moines

Jul
Aug
Sep
Oct

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?
Duplex - An updated duplex occupies a redevelopment site with Indianola Avenue frontage and access to a high-traffic corridor.
Where is this duplex located?
The property is located at 2200-2206 Indianola Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Up/down duplex built in 1910 and fully renovated in 1993; Two contiguous parcels totaling 0.97 acres and 42,200 SF; Indianola Avenue frontage with high traffic counts
(515) 771-3299 · Office Call to check price and availability
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