15-Unit Apartment
For Sale
Contact for pricing
Pending
3432 Forest Ave, Des Moines, IA 50311
Apartment community with individually metered utilities, detached garages, and on-site coin laundry.
Property SizeContact for details
Days on Market141
Property Features for 3432 Forest Ave
General Information
Standard status
Pending
Total Parking Spaces
7
Property subtype
Multifamily
Units
Unit Mix
15 x 2BR/1.5BA
Multifamily Units
15
Additional Details
Utilities to Site
Yes
Amenities
coin operated laundry
Building Details
Construction
brick
Listing Agency:
RE/MAX Concepts
(515) 771-7788
Listed By:
Stephanie Thomas · License #LA
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 3:54AM
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 RE/MAX Concepts
Investment Insights
Based on property information with market context.
This apartment property contains 15 residences, each arranged with two bedrooms, 1.5 bathrooms, and a full kitchen. Individual water, gas, and electric metering serves every apartment, while each unit also has its own gas forced-air heating and central air conditioning. The mostly brick exterior supports a durable, lower-maintenance building profile. On-site amenities include coin-operated laundry and 7 detached garages.
The property is positioned ten minutes west of downtown Des Moines in the city’s northwest metro area. Ownership responsibilities include insurance and exterior maintenance, providing a defined operating structure for the apartment community.
The property is positioned ten minutes west of downtown Des Moines in the city’s northwest metro area. Ownership responsibilities include insurance and exterior maintenance, providing a defined operating structure for the apartment community.
Key Highlights
- 15 apartments, each with two bedrooms, 1.5 bathrooms, and a full kitchen
- 7 detached garages on the property
- Individual water, gas, and electric meters for every apartment
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Explore this area
Business Placement
Demographics for 50311, IA
14,782
Population
7,180
Households
2.1
Avg Household Size
30
Median Age
41%
College-Educated
94%
High-School Grad
2.6 sq mi
ZIP Area
5,685
Density / Sq Mi
$63,233
Median Household Income
$35,086
Median Earnings
$1,019
Median Rent
$228,000
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 - Apartment community with individually metered utilities, detached garages, and on-site coin laundry.
Where is this apartment building located?
The property is located at 3432 Forest Ave Des Moines, IA.
What are key features of this property?
This property features: 15 apartments, each with two bedrooms, 1.5 bathrooms, and a full kitchen; 7 detached garages on the property; Individual water, gas, and electric meters for every apartment
