Apartment Building with 1-Bed
For Sale
Contact for pricing
253 Franklin Ave, Des Moines, IA 50314
For sale: apartment building offering 24 one-bedroom units in Des Moines’ Riverbend neighborhood.
Property SizeContact for details
Days on Market119
Property Features for 253 Franklin Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
24
Listing Agency:
KW Commercial Greater Des Moines
(515) 639-0145
Listed By:
Jared Husmann · License #B63372000
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 1:00PM
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 Greater Des Moines
Investment Insights
Based on property information with market context.
This apartment building for sale includes 24 one-bedroom units. The offering is marketed exclusively by The Katalyst Team as part of KW Commercial.
Located at 253 Franklin Ave in Des Moines, Iowa, the property is positioned in the historical Riverbend neighborhood.
If you’re evaluating residential income opportunities, this asset’s defined unit mix of 1-bedroom apartments provides a straightforward foundation for underwriting and operations.
Located at 253 Franklin Ave in Des Moines, Iowa, the property is positioned in the historical Riverbend neighborhood.
If you’re evaluating residential income opportunities, this asset’s defined unit mix of 1-bedroom apartments provides a straightforward foundation for underwriting and operations.
Key Highlights
- Apartment building for sale with 24 one‑bedroom units
- Located in Des Moines, IA, in the Riverbend neighborhood
- 24 total 1BD units listed in the capital city of Des Moines, IA
Property Analytics
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - For sale: apartment building offering 24 one-bedroom units in Des Moines’ Riverbend neighborhood.
Where is this apartment building located?
The property is located at 253 Franklin Ave Des Moines, IA.
What are key features of this property?
This property features: Apartment building for sale with 24 one‑bedroom units; Located in Des Moines, IA, in the Riverbend neighborhood; 24 total 1BD units listed in the capital city of Des Moines, IA
