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9-Unit Apartment Community
For Sale
$1,500,000
Pending

5901-5911 Townsend Ave, Urbandale, IA 50322

Two-story residences offer attached garages, eat-in kitchens, patios, and access to greenspace.

Property SizeContact for details
Days on Market18

Property Features for 5901-5911 Townsend Ave

General Information

Standard status Pending
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 9 x 2BR/2BA
Multifamily Units 9

Amenities

attached garages
patio doors
greenspace
eat-in kitchen

Building Details

Stories 2
Listing Agency: RE/MAX Concepts
Listed By: Jenny Farrell (515) 779-7500
Source: Centraliowahomesearch
Added: Sep 5 Changed: Sep 21 Last Checked: Sep 22 at 5:25PM

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 RE/MAX Concepts

Investment Insights

Based on property information with market context.

This 9-unit apartment community in Urbandale includes two-story residences with 2 bedrooms and 2 bathrooms each. Every unit has a 2-car attached garage, an eat-in kitchen, and patio doors opening toward greenspace. The property is fully rented and has current rental certificates.

Located at 5901-5911 Townsend Ave in Urbandale, Iowa, the community combines multi-unit housing with features typically associated with individual residences. The attached garages, private outdoor access, and two-bedroom layouts provide a consistent configuration across the property.

Key Highlights

  • 9‑unit apartment community with all units rented
  • Two‑story units with 2 bedrooms and 2 bathrooms
  • 2‑car attached garage for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Skin Care Clinic Nail Salon Electrical Service

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

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

Demographics for 50322, IA

31,652
Population
13,293
Households
2.4
Avg Household Size
40
Median Age
42%
College-Educated
93%
High-School Grad
10.8 sq mi
ZIP Area
2,931
Density / Sq Mi
$89,323
Median Household Income
$48,016
Median Earnings
$1,151
Median Rent
$263,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story residences offer attached garages, eat-in kitchens, patios, and access to greenspace.
Where is this apartment building located?
The property is located at 5901-5911 Townsend Ave Urbandale, IA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9‑unit apartment community with all units rented; Two‑story units with 2 bedrooms and 2 bathrooms; 2‑car attached garage for each unit
More about this property
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