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For Sale
$1,650,000
Pending

4880 Ingersoll Avenue, Des Moines, IA 50312

CommercialSale, Des Moines, IA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market127

Property Features for 4880 Ingersoll Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R
Elementary school district Des Moines Independent
Middle school district Des Moines Independent
High school district Des Moines Independent
Directions From downtown: west on Ingersoll to POLK BLVD, one more block to Waterbury community neighborhood sign, neighborhood on south side of road/left. FROM I-235, south on 42nd, right/west on Ingersoll.
Subdivision Des Moines West
Standard status Pending
APN 09032501460016
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description UNIT 16 WATERBURY COMMONS
Tax Annual Amount 26150
Legal Description UNIT 16 WATERBURY COMMONS

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 2024
Listing Agency: Iowa Realty Mills Crossing
Listed By: Darla Willett-Rohrssen
Added: Jun 12 Changed: Oct 1 Last Checked: Oct 16 at 6:06AM
MLS# 743013

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Hair Salon Restaurant Pharmacy Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

251
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

Where is this multifamily property located?
The property is located at 4880 Ingersoll Avenue Des Moines, IA.
What is the asking price?
The asking price for this property is $1,650,000.
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