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3103 Grand Avenue, Des Moines, IA, 50312
7-Unit Apartment Building

3103 Grand Avenue Des Moines, IA 50312

For Sale
Contact for pricing

Colonial Arms Apartments is a fully occupied 7-unit building with one-, two-, and three-bedroom units.

Lot Size0.53 Acres
Days on Market87

Property Features for 3103 Grand Avenue

General Information

Standard status
Active
Lot size
0.53 Acres
Property subtype
Multifamily

Building Details

Year Built
1913
Listing Agency: Hunziker & Associates Inc Realtors Ames
Listed By: Brian K Spraggins · License #S69347000
Source: Crexi
Added: Apr 28 Changed: Jul 21 Last Checked: Jul 23 at 9:05AM

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 Hunziker & Associates Inc Realtors Ames


Investment Insights

Based on property information with market context.

Colonial Arms Apartments is a 7-unit apartment building built in 1913. The unit mix includes five one-bedroom units, one two-bedroom unit, and one three-bedroom unit. The property is currently 100% occupied and sits on 0.533 acres.

The building is zoned NX3 and provides parking at a ratio of 2.83 spaces per 1,000 square feet.

For sale as a residential income property, it offers a straightforward, established multi-unit configuration with a consistent mix of bedroom counts.

Key Highlights

  • Fully occupied 7‑unit apartment building at 3103 Grand Ave, Des Moines, IA
  • Unit mix includes 5 one‑bedroom, 1 two‑bedroom, and 1 three‑bedroom unit
  • Built in 1913 on 0.533 acres

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Food Market Auto Parts Store Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Catering Service Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Colonial Arms Apartments is a fully occupied 7-unit building with one-, two-, and three-bedroom units.
Where is this apartment building located?
The property is located at 3103 Grand Avenue Des Moines, IA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Fully occupied 7‑unit apartment building at 3103 Grand Ave, Des Moines, IA; Unit mix includes 5 one‑bedroom, 1 two‑bedroom, and 1 three‑bedroom unit; Built in 1913 on 0.533 acres
More about this property
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