- For Sale $1,675,000
- Property Type Multi-Family
- Property Size 10,752 SF
- Units 18
- Lot Size 1.06 Acre
- Property Tenancy Multi-Tenant
- Year Built 1971
- Year Renovated 2023
- Date Updated Feb 16, 2026
Description
Located in the Historic River Bend areaPositioned in the heart of Des Moines’ active commercial corridor, 421 College Ave offers a rare opportunity for investors seeking an income producing 18 unit multifamily property with excellent visibility, access, and long-term upside. The property features convenient access to major thoroughfares, and proximity to established retail, dining, and residential neighborhoods.
Highlights
- 100% Occupied
- Ample on-sight parking
- Fully renovated in 2023
- Luxury 1 bedroom apartments
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Contacts
Nathan Petsche
Ferguson Commercial Real Estate Services
Location
Located at 421 College Ave, Des Moines, IA 50314, this property is part of the River Bend neighborhood and Des Moines market.
Contact Listing Broker
Nathan Petsche
Ferguson Commercial Real Estate Services
