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Walkable Apartment Building
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3333 Grand Ave, Des Moines, IA 50312

West-side apartments sit across from a full-service grocer and Walgreens pharmacy.

Property SizeContact for details
Days on Market141

Property Features for 3333 Grand Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Greysteel
Listed By: Zach Schneider · License #S71861000
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 5:07PM

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 Greysteel

Investment Insights

Based on property information with market context.

Windsor Terrace is an apartment building positioned just west of Downtown Des Moines in the Ingersoll/Grand Corridor. The property benefits from a walkable setting with grocery, pharmacy, retail, dining, coffee shops, nightlife, and boutique shopping nearby.

A full-service grocer and Walgreens pharmacy are directly across the street. The surrounding corridor includes more than 200 businesses and is bordered by established single-family neighborhoods, providing a mix of daily services, commercial activity, and residential context.

Key Highlights

  • Full‑service grocer and Walgreens pharmacy directly across the street
  • Located just west of Downtown Des Moines
  • Situated in the Ingersoll/Grand Corridor

Property Analytics

Current Use

Windsor Terrrace Apartments Apartment Complex Cluney Photo Photography Service Building 7E Apartment Building

Suggested Use

Top Pick HVAC Service Auto Parts Store Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,014
Businesses Nearby

Demographics for 50312, IA

15,485
Population
8,285
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
98%
High-School Grad
5.6 sq mi
ZIP Area
2,765
Density / Sq Mi
$82,720
Median Household Income
$54,862
Median Earnings
$1,057
Median Rent
$274,400
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 - West-side apartments sit across from a full-service grocer and Walgreens pharmacy.
Where is this apartment building located?
The property is located at 3333 Grand Ave Des Moines, IA.
What are key features of this property?
This property features: Full‑service grocer and Walgreens pharmacy directly across the street; Located just west of Downtown Des Moines; Situated in the Ingersoll/Grand Corridor
(913) 638-2619 Call to check price and availability
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