Map of Property

For Sale

421 College

421 College Ave, Des Moines, IA 50314

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.

Key features

  • 100% Occupied
  • Ample on-sight parking
  • Fully renovated in 2023
  • Luxury 1 bedroom apartments
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Nathan Petsche

Ferguson Commercial Real Estate Services

Building Details

  • 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

Getting Around

  • Walk Score ®

    Somewhat Walkable (67)

  • Transit Score ®

    Some Transit (42)

  • Bike Score ®

    Bikeable (51)
Powered by Walk Score ®

Location

  • City Des Moines, IA
  • Neighborhood River Bend
  • Zip Code 50314
  • Market Des Moines

Points of Interest

Kum & Go

1.12 miles

Git N Go

1.14 miles

ChargePoint Charging Station

1.20 miles

Casey's General Store

1.58 miles

Tesla Supercharger

3.07 miles

Ashworth Plaza

8.74 miles

Lot E

0.58 miles

North Parking Ramp

0.59 miles

Lot F

0.60 miles

West Surface Lot

0.62 miles

Third Street Parking Lot

0.63 miles

Lot D

0.63 miles

West Parking Ramp

0.69 miles

Health Plaza Parking Ramp

0.71 miles

Lot A

0.77 miles

Spotfree Automatic Car Wash

1.26 miles

Spotfree Car Wash

1.29 miles

Advantage Car Wash

1.41 miles

Enterprise

1.78 miles

Mister Car Wash

2.10 miles

Power Wash

3.74 miles

A&D Kwik Kar Wash

3.89 miles

Precision Car Wash

3.91 miles

Spot Free Car Wash

4.02 miles

Le's Chinese Bar-B-Que

0.20 miles

McDonald's

0.49 miles

Captain Roy's

0.66 miles

Tacos Mariana's

0.76 miles

Subway

1.09 miles

Lina's Mexican Restaurant

1.10 miles

Buzzard Billy's

1.24 miles

Dairy Queen

1.25 miles

Thai Flavors Restaraunt

1.26 miles

Plaza Food Market

1.38 miles

New Oriental Food Store

1.39 miles

Fareway

1.48 miles

Hilal Groceries

1.50 miles

El Palmino

1.61 miles

Hy-Vee

1.62 miles

La Tapatia Grocery

1.65 miles

Cash Saver

1.77 miles

Gateway Market

1.77 miles

MercyOne House of Mercy

0.68 miles

MercyOne Des Moines Medical Center

0.70 miles

PHC University Medical Clinic

0.72 miles

Iowa Lutheran Hospital

0.84 miles

Broadlawns Medical Center

1.02 miles

Broadlawns Medical Center Pharmacy

1.09 miles

Eyerly Ball Polk County Clinic

1.23 miles

Walgreens

1.25 miles

Eyerly Ball Community Mental Health Services

1.31 miles

421 College Ave Listing Summary

  • What is the asking price at 421 College?

    421 College is currently listed for sale at Contact for pricing.

  • What is the total size of 421 College?

    421 College has a total of 10,752 square feet.

  • What is the year built for 421 College?

    The year built for 421 College is 1971.

Contact Listing Broker
Nathan Petsche

Ferguson Commercial Real Estate Services

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