1427 5Th Ave Des Moines, IA 50314
This exceptional investment opportunity presents a 7-unit apartment building in Des Moines, Iowa, situated at 1427 5th Ave, zip code 50314. The property, a three-story building constructed in 1906 and renovated in 1980, offers 6,360 square feet of space, priced at $300,000 ($47.17/sq ft and $42,857.14/unit). The building comprises four two-bedroom, one-bathroom units
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.