3507 2nd Ave., Des Moines, IA 50313

Building Details

Buildings 1 More

Listing Agency: KW Commercial Greater Des Moines

Listed By: Jared Husmann · License IA B63372000 Show Phone

Source: Crexi

Added: Oct 22 Changed: Nov 10 Last Checked: Nov 12 at 7:11AM

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Investment Insights

Based on property information with market context.

At 3507 2nd Ave. in Des Moines, this apartment property contains seven units and includes a separate lot with building potential. Water costs are paid by ownership, while residents cover heat and electricity.

Key Highlights

• Seven‑unit apartment property
• Includes an additional lot suitable for building
• Ownership pays water; residents pay heat and electricity

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

7

Residential units

Location Intelligence

Trade Area within ½ mile

489

Businesses Nearby

Explore this area Business Placement

Demographics for 50313, IA

17,723

Population

7,674

Households

2.3

Avg Household Size

37

Median Age

16%

College-Educated

86%

High-School Grad

18.1 sq mi

ZIP Area

979

Density / Sq Mi

$64,077

Median Household Income

$36,284

Median Earnings

$1,077

Median Rent

$161,800

Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Des Moines, IA

$94.57 Jul

$78.62 Aug

$70.89 Sep

$73.27 Oct

Properties on Market for Apartment buildings in Des Moines

Jul

Aug

Sep

Oct

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 - Ownership covers water; residents pay for heat and electricity.

Where is this apartment building located?

The property is located at 3507 2nd Ave. Des Moines, IA.

What is the asking price?

The asking price for this property is $455,000.

What are key features of this property?

This property features: Seven‑unit apartment property; Includes an additional lot suitable for building; Ownership pays water; residents pay heat and electricity