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Renovated 34-Unit Apartment Building
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2525 Clarkson Ave, Des Moines, IA 50310

34-unit apartment community offering studios and one- and two-bedroom units, with nearly all units recently renovated.

Property Size24,960 SF
Price / SF$80.93
Days on Market168

Property Features for 2525 Clarkson Ave

General Information

Standard status Active
Size 24,960 SF
Class B
Property subtype Multifamily
Investment Type Value Add

Additional Details

Multifamily Units 34

Building Details

Year Built 1975
Buildings 2
Stories 3
Units 34
Tenancy Multi
Listing Agency: CBRE - Des Moines
Listed By: Ray Hamilton · License #S66838000
Source: Crexi
Added: Mar 24 Changed: Sep 4 Last Checked: Sep 7 at 12:23PM

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 CBRE - Des Moines

Investment Insights

Based on property information with market context.

The Woods Apartments is a 34-unit multifamily property featuring studio, one-bedroom, and two-bedroom apartment homes. The majority of units have been recently renovated, and the property also includes recent capital improvements such as a new hot water heater in 2025, a newly paved asphalt parking lot in 2025, updated landscaping, and new retaining walls.

The property is located at the intersection of Douglas Avenue and MLK Jr Parkway in Des Moines, Iowa, with access to nearby retail, entertainment, and dining within approximately 10 minutes. It is also proximate to major employers including Bridgestone-Firestone, Drake University, Broadlawns Medical Center, and the VA Central Iowa Health Care System.

The building is offered for sale individually or as part of a portfolio together with the adjacent 45-unit “Clarkson Apartments.”

Key Highlights

  • 34‑unit apartment community in Des Moines, IA, offering studios plus 1- and 2‑bedroom units
  • Nearly all units recently renovated
  • Capital improvements include new hot water heater in 2025

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Building Supply Hair 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

34
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby

Demographics for 50310, IA

30,754
Population
14,162
Households
2.2
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,844
Density / Sq Mi
$74,473
Median Household Income
$46,091
Median Earnings
$1,043
Median Rent
$213,800
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 - 34-unit apartment community offering studios and one- and two-bedroom units, with nearly all units recently renovated.
Where is this apartment building located?
The property is located at 2525 Clarkson Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $2,020,000.
What are key features of this property?
This property features: 34‑unit apartment community in Des Moines, IA, offering studios plus 1- and 2‑bedroom units; Nearly all units recently renovated; Capital improvements include new hot water heater in 2025
More about this property
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