Map of Property

421 College

For Sale

421 College Ave, Des Moines, IA 50314

This Des Moines property for sale is located at 421 College Ave. The current listed sale price for 421 College is $1,675,000. 421 College is situated on a lot that is 1.06 acre in size.

Contacts

Nathan Petsche

Ferguson Commercial Real Estate Services

Property Details

  • 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
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.
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Highlights

  • 100% Occupied
  • Ample on-sight parking
  • Fully renovated in 2023
  • Luxury 1 bedroom apartments

Getting around

  • 67/100

    Walk Score ®

  • 42/100

    Transit Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • QuikTrip

    0.54 miles

  • 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

  • North Visitor Parking Lot

    0.56 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

  • Holiday Inn Des Moines Downtown

    0.80 miles

  • Comfort Inn & Suites Event Center

    0.95 miles

  • Fairfield Inn & Suites Des Moines Downtown

    1.01 miles

  • Hilton Des Moines Downtown

    1.18 miles

  • AC Hotel Des Moines East Village

    1.37 miles

  • Staybridge Suites Des Moines Downtown

    1.42 miles

  • Renaissance Des Moines Savery Hotel

    1.42 miles

  • Embassy Suites by Hilton Hotel Des Moines Downtown

    1.43 miles

  • Hyatt Place Des Moines Downtown

    1.44 miles

  • Des Moines Marriott Downtown

    1.47 miles

  • Jung's Oriental Food Store

    1.04 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

Contact Listing Broker
Nathan Petsche

Ferguson Commercial Real Estate Services

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