16-Unit Brick Apartment
401 8th Street Southwest, Altoona, IA 50009
For Sale
Contact for pricing
The two-building property includes updated shared areas and a mix of one- and two-bedroom apartments.
Property SizeContact for details
Days on Market14
Property Features for 401 8th Street Southwest
General Information
Standard status
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Buildings
Construction
Listing Agency:
Stanbrough Realty
Listed By:
Ross Quintero · License IA S63415000
(515) 689-2612
Source:
Crexi
Added: Oct 27
Changed: Nov 8
Last Checked: Nov 8 at 4:31PM
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 Stanbrough Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 16-unit apartment property in Altoona consists of two brick buildings. The residences comprise nine one-bedroom units and seven two-bedroom units, with updated common areas and a concrete parking lot serving the property.
Altoona is approximately 15 minutes from downtown Des Moines. City destinations and retail include Prairie Meadows Casino, the Meta data center, Adventureland Park, Walmart, Menards and the Outlets of Des Moines.
Altoona is approximately 15 minutes from downtown Des Moines. City destinations and retail include Prairie Meadows Casino, the Meta data center, Adventureland Park, Walmart, Menards and the Outlets of Des Moines.
Key Highlights
- 16 apartments across two brick buildings
- Unit mix includes nine one‑bedroom and seven two‑bedroom apartments
- Updated common areas
Property Analytics
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 50009, IA
21,230
Population
8,829
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
96%
High-School Grad
27.9 sq mi
ZIP Area
761
Density / Sq Mi
$90,393
Median Household Income
$52,227
Median Earnings
$1,201
Median Rent
$261,800
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Polk County, IA
Properties on Market for Apartment buildings in Polk County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The two-building property includes updated shared areas and a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 401 8th Street Southwest Altoona, IA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 16 apartments across two brick buildings; Unit mix includes nine one‑bedroom and seven two‑bedroom apartments; Updated common areas
