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Financial
Distress signals
Property profile

3616 University Ave Des Moines, IA 50311

OFF-MARKET
Apartment buildings
Property ID
US25-0435351
16,900 SF 0.41 ac lot Built 1922
Last sale Sep 2012 · $375,500
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$18k
Tax billed · 2020
Assessed value · 2023$825k
Assessed land$56k
Assessed improvement$769k
Effective rate2.24%

Value estimate

· Oct 2026
$1.35M
$1.21M – $1.48M

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.5
HVAC Service12.8
Building Supply11.7

Location

3616 University Ave Des Moines, IA 50311-3647
County assessor Recorded deeds · 1 transfer 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
2600 Kingman, Des Moines, IA 50311-4161 $1,133,000 May 2024 22,828 SF
1000 24th, Des Moines, IA 50311-4336 $975,000 May 2022 11,687 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
3201 Frst, Des Moines, IA 50311-2849 $7,075,000 May 2019 19,340 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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