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Corner Residential Income Property
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3920 Grand Ave, Des Moines, IA 50312

Corner condo with private balconies, extensive shared amenities, and secure underground parking.

Property Size1,736 SF
Price / SF$316.24
Days on Market43

Property Features for 3920 Grand Ave

General Information

Standard status Active
Size 1,736 SF
Elevators Yes
Property subtype Multifamily
Zoning NX3

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Amenities

Indoor heated pool
Fully equipped exercise room
Relaxing sauna
On-site security
Reception rooms
Guest suite

Building Details

Year Built 1979
Listing Agency: Developers Realty Group
Listed By: Dorrance Brezina · License #IA B09260
Source: Crexi
Added: Jul 19 Changed: Aug 29 Last Checked: Aug 29 at 8:08PM

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 Developers Realty Group

Investment Insights

Based on property information with market context.

This fifth-floor corner condominium offers 1,736 square feet with three bedrooms, two full bathrooms, and a dedicated laundry room with a utility sink. The unit has no shared walls and includes two private balconies overlooking maintained grounds. Its open interior layout provides distinct areas for everyday living and entertaining.

Property amenities include an indoor heated pool, exercise room, sauna, reception rooms, guest suite, on-site security, two elevators, and secure underground parking. Built in 1979 and zoned NX3, the condominium is located at 3920 Grand Ave in Des Moines, Iowa.

Key Highlights

  • 1,736 SF fifth‑floor corner condominium
  • Three bedrooms and two full bathrooms
  • Two private balconies with views of maintained grounds

Property Analytics

Current Use

Barbican Owners Association Condominium Complex The Barbican Condominium Complex

Suggested Use

Top Pick HVAC Service Electrical Service Parking Lot & Garage Auto Parts Store Grocery & Convenience Store Auto Repair Shop

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

697
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Corner condo with private balconies, extensive shared amenities, and secure underground parking.
Where is this residential income property located?
The property is located at 3920 Grand Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,736 SF fifth‑floor corner condominium; Three bedrooms and two full bathrooms; Two private balconies with views of maintained grounds
(515) 778-0787 Call to check price and availability
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