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Financial
Distress signals
Property profile

1082 21st St Des Moines, IA 50311

OFF-MARKET
Other apartment buildings
Property ID
US25-0175305
9,450 SF 0.24 ac lot Built 1880
Last sale Oct 2021 · $280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

The property is a ten-unit apartment building consisting of two efficiency units and eight one-bedroom units. Each efficiency unit includes one bathroom, and each one-bedroom unit includes one bathroom. The building features a mix of compact and traditional apartment layouts. Major exterior improvements were completed within roughly the last two years, including a roof replacement and replacement of windows and siding. The property has an arrangement in which tenants are responsible for their own electric service, while other utilities are covered by the landlord.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$6k
Tax billed · 2020
Assessed value · 2023$287k
Assessed land$18k
Assessed improvement$269k
Effective rate2.23%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$305k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$147/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$77 – $252

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-3
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.7
Wholesale Shop11.9
Building Supply11.1

Location

1082 21st St Des Moines, IA 50311-4446
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2901 Cottage Grv, Des Moines, IA 50311-3962 $206,500 Jan 2024 9,488 SF
1000 24th, Des Moines, IA 50311-4336 $975,000 May 2022 11,687 SF
2820 Kingman, Des Moines, IA 50311-4032 $580,000 Nov 2021 8,686 SF
3438 University, Des Moines, IA 50311-2342 $810,000 Oct 2021 12,080 SF
2201 Frst, Des Moines, IA 50311-3127 $1,955,000 Oct 2021 12,256 SF
2225 University, Des Moines, IA 50311-4352 $1,998,000 Dec 2018 14,168 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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