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72-Unit Brick Apartment Property
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801 S R St, Indianola, IA 50125

HUD-subsidized apartment community with multiple brick buildings in Indianola.

Property SizeContact for details
Days on Market145

Property Features for 801 S R St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: KW Commercial Greater Des Moines
Listed By: Jared Husmann · License #B63372000
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 10:04PM

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 KW Commercial Greater Des Moines

Investment Insights

Based on property information with market context.

Meadow Village is an apartment property comprising 72 units across six brick buildings. The physical configuration provides a multi-building residential asset within the Indianola, Iowa, sub-market of Central Iowa.

The property is a low-income HAP project supported by HUD subsidy. It is located at 801 S R St in Indianola, providing a defined address for the apartment community and its six-building layout.

Key Highlights

  • 72‑unit apartment property
  • Six brick buildings
  • Low‑income HAP project

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Home Appliance Store HVAC Service Pet 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

1
Businesses Nearby

Demographics for 50125, IA

20,906
Population
8,039
Households
2.6
Avg Household Size
39
Median Age
34%
College-Educated
97%
High-School Grad
162.4 sq mi
ZIP Area
129
Density / Sq Mi
$86,463
Median Household Income
$42,822
Median Earnings
$975
Median Rent
$248,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - HUD-subsidized apartment community with multiple brick buildings in Indianola.
Where is this apartment building located?
The property is located at 801 S R St Indianola, IA.
What are key features of this property?
This property features: 72‑unit apartment property; Six brick buildings; Low‑income HAP project
(515) 639-0145 Call to check price and availability
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