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    Urbandale, IA
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    Urbandale, IA Multifamily Properties for Sale

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    Clive, IA Johnston, IA Des Moines, IA Windsor Heights, IA West Des Moines, IA Pleasant Hill, IA Grimes, IA Waukee, IA
    9-Unit Apartment Community
    Updated: Sep 5
    9-Unit Apartment Community

    5901-5911 Townsend Ave, Urbandale, IA 50322

    $1,500,000
    9‑unit apartment community with all units rented
    Two‑story units with 2 bedrooms and 2 bathrooms
    2‑car attached garage for each unit
    Eat‑in kitchens with patio doors to greenspace
    Current rental certificates
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 1 Active listings in Urbandale, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Nine-Bedroom Duplex
    Updated Nine-Bedroom Duplex

    2525 51st Street, Des Moines, IA 50310

    $425,000
    4,135 sqft 0.49 AC lot

    Two residential units offer refreshed interiors, separate driveways, and access to a detached garage.

    View details
    Value-Add Multifamily Apartment Building
    Value-Add Multifamily Apartment Building

    3710 56TH ST, Des Moines, IA 50310

    Contact for pricing
    23,184 sqft

    29-unit apartment building offers studio through two-bedroom layouts, including a premium 2BR/2BA unit.

    View details
    11-Unit Apartment Building
    11-Unit Apartment Building

    4671 Northwest 50th Street, Des Moines, IA 50310

    $675,000

    Well-kept 11-unit apartment building built in 1969 and renovated in 2025 with individual heating and central A/C.

    View details
    Former Office Building with Theater
    Former Office Building with Theater

    3850 Merle Hay Rd, Des Moines, IA 50310

    Contact for pricing
    67,325 sqft

    Former office building with attached theater, suitable for redevelopment.

    View details

    Off-Market Properties in Urbandale, IA

    Consider similar Off-Market properties in Urbandale, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7631 Hickman Rd
    APARTMENT HOUSE (5+ UNITS)

    7631 Hickman Rd, Urbandale, IA 50322-4560

    Estimated value:
    $1,280,000
    14,280 sqft 1.01 AC lot
    View details
    7800 Iltis Dr
    APARTMENT HOUSE (5+ UNITS)

    7800 Iltis Dr, Urbandale, IA 50322-1620

    Estimated value:
    $10,005,000
    10,224 sqft 8.64 AC lot
    View details
    7511 Dennis Dr
    APARTMENT HOUSE (5+ UNITS)

    7511 Dennis Dr, Urbandale, IA 50322-3064

    Estimated value:
    $400,000
    5,632 sqft 0.39 AC lot
    View details
    3600 Patricia Dr
    APARTMENT HOUSE (5+ UNITS)

    3600 Patricia Dr, Urbandale, IA 50322-3933

    Estimated value:
    $9,490,000
    33,594 sqft 7.48 AC lot
    View details
    2617 Beverly Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    2617 Beverly Dr, Urbandale, IA 50322-5217

    Estimated value:
    $530,000
    4,326 sqft 0.65 AC lot
    View details
    3816 106th St
    APARTMENT HOUSE (5+ UNITS)

    3816 106th St, Urbandale, IA 50322-2047

    Estimated value:
    $5,010,000
    26,379 sqft 5.06 AC lot
    View details
    2413 Rocklyn Dr
    APARTMENT HOUSE (5+ UNITS)

    2413 Rocklyn Dr, Urbandale, IA 50322-4978

    Estimated value:
    $455,000
    7,160 sqft 0.46 AC lot
    View details
    2510 Canterbury Rd
    APARTMENT HOUSE (5+ UNITS)

    2510 Canterbury Rd, Urbandale, IA 50322-4663

    Estimated value:
    $3,075,000
    26,556 sqft 51.16 AC lot
    View details
    2617 Patricia Dr
    APARTMENT HOUSE (5+ UNITS)

    2617 Patricia Dr, Urbandale, IA 50322-5253

    Estimated value:
    $500,000
    7,120 sqft 0.45 AC lot
    View details
    4427 86th St
    APARTMENT HOUSE (5+ UNITS)

    4427 86th St, Urbandale, IA 50322-1548

    Estimated value:
    $3,830,000
    33,936 sqft 6.77 AC lot
    View details
    7600 Dennis Dr
    APARTMENT HOUSE (5+ UNITS)

    7600 Dennis Dr, Urbandale, IA 50322-3071

    Estimated value:
    $970,000
    15,312 sqft 0.96 AC lot
    View details
    2815 70th St
    APARTMENT HOUSE (5+ UNITS)

    2815 70th St, Urbandale, IA 50322-4815

    Estimated value:
    $870,000
    13,701 sqft 2.60 AC lot
    View details
    2401 Rocklyn Dr
    APARTMENT HOUSE (5+ UNITS)

    2401 Rocklyn Dr, Urbandale, IA 50322-4985

    Estimated value:
    $960,000
    15,072 sqft 0.77 AC lot
    View details
    6820 Holcomb Ave
    APARTMENT HOUSE (5+ UNITS)

    6820 Holcomb Ave, Urbandale, IA 50322-4955

    Estimated value:
    $1,440,000
    19,200 sqft 1.66 AC lot
    View details
    8410 Plum Dr
    APARTMENT HOUSE (5+ UNITS)

    8410 Plum Dr, Urbandale, IA 50322-7362

    Estimated value:
    $1,470,000
    21,324 sqft 2.17 AC lot
    View details
    3813 64th St
    APARTMENT HOUSE (5+ UNITS)

    3813 64th St, Urbandale, IA 50322-3344

    Estimated value:
    $740,000
    11,847 sqft 0.38 AC lot
    View details
    8825 Hickman Rd
    APARTMENT HOUSE (5+ UNITS)

    8825 Hickman Rd, Urbandale, IA 50322-5303

    Estimated value:
    $1,625,000
    13,846 sqft 8.03 AC lot
    View details
    8602 Carole Cir
    APARTMENT HOUSE (5+ UNITS)

    8602 Carole Cir, Urbandale, IA 50322-4351

    Estimated value:
    $2,500,000
    25,650 sqft 3.24 AC lot
    View details
    8717 Urbandale Ave
    Multifamily properties

    8717 Urbandale Ave, Urbandale, IA 50322

    Estimated value:
    No data
    2,744 sqft 0.58 AC lot
    View details
    8724 Meredith Dr
    APARTMENT HOUSE (5+ UNITS)

    8724 Meredith Dr, Urbandale, IA 50322-7272

    Estimated value:
    $2,420,000
    28,104 sqft 2.65 AC lot
    View details
    7135 Meredith Dr
    APARTMENT HOUSE (5+ UNITS)

    7135 Meredith Dr, Urbandale, IA 50322-1860

    Estimated value:
    $3,440,000
    29,788 sqft 7.48 AC lot
    View details
    6426 Madison Ave
    APARTMENT HOUSE (5+ UNITS)

    6426 Madison Ave, Urbandale, IA 50322-2757

    Estimated value:
    $240,000
    4,960 sqft 0.51 AC lot
    View details
    6414 Madison Ave
    APARTMENT HOUSE (5+ UNITS)

    6414 Madison Ave, Urbandale, IA 50322-2756

    Estimated value:
    $240,000
    4,960 sqft 0.51 AC lot
    View details

    Urbandale, IA Multifamily Properties Market Trends and Statistics

    Explore 34 multifamily properties for sale in Urbandale, IA on our real estate platform.

    Sale prices for multifamily properties in Urbandale, IA average $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2

    Demographics Overview

    Population 73K
    Population Growth (5Y) +11.8%
    Median Household Income $113,664
    College Educated 37.8%

    High-Yield Neighborhoods for Investment

    Identify Urbandale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50322 $290K
    50323 $292.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $31.97 per SF
    Tax Rate vs County Average 0.31 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Polk County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Urbandale fall within the 100,000+ square foot range.

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