4004 University Avenue
- Near Drake U, Roosevelt High School
- Walkable Grocery & Restaurants
- Nearby Public Transportation
- Higher Rent Potential
- NX2 Neighborhood Mix District
Property Description
Located along vibrant University Avenue, this 8‑unit apartment building delivers dependable income in one of Des Moines’ most sought‑after rental pockets. Just minutes from Drake University, Roosevelt High School, and the nearby Hy‑Vee grocery, the property attracts long‑term tenants seeking convenience and walkability. The building includes 7 two‑bedroom units at $950/month and 1 one-bedroom at $850/month. With strong neighborhood demand and proximity to education, shopping, and transit, this asset is positioned for solid performance.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $630,000 |
| No. of Units: | 8 |
| Year Built: | 1979 |
| Lot Size: | 0.49 Acres |
| Opportunity Zone: | No |
| Price per unit: | $78,750 |
| Property Website | Click Here |
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