Development Ground on University
For Sale
$675,000
4224 E University Ave, Des Moines, IA 50317
Multifamily development ground zoned N3A, up to 17 units/acre.
Property Size2,000 SF
Price / SF$337.50
Days on Market274
Property Features for 4224 E University Ave
General Information
Standard status
Active
Size
2,000 SF
Class
A
Property subtype
Land
Building Details
Building Size
2,000 SF
Year Built
1965
Listing Agency:
NAI Iowa Realty Commercial - Des Moines
(515) 975-9600
Listed By:
Matt T. Connolly · License #B56244000
(515) 975-9600
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 15
Last Checked: Aug 22 at 5:13AM
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 NAI Iowa Realty Commercial - Des Moines
Investment Insights
Based on property information with market context.
This property features multifamily development ground zoned N3A, which allows for up to 17 units per acre, according to the city. Currently, a single-family residence with a tenant occupies the property. The site is located on the Far East Side of Des Moines on University Ave, with access through Mahaska Ave. Two adjacent parcels are also available for sale.
Key Highlights
- Development ground opportunity.
- Zoned N3A for multifamily development, allowing up to 17 units per acre.
- Located on University Ave in Des Moines.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 50317, IA
37,221
Population
15,193
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
87%
High-School Grad
22.1 sq mi
ZIP Area
1,684
Density / Sq Mi
$61,569
Median Household Income
$36,641
Median Earnings
$1,079
Median Rent
$165,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Multifamily development ground zoned N3A, up to 17 units/acre.
Where is this residential land & home lot located?
The property is located at 4224 E University Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Development ground opportunity.; Zoned N3A for multifamily development, allowing up to 17 units per acre.; Located on University Ave in Des Moines.
