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4150 E. University Ave
Des Moines, IA 50317
Land For Sale
·
1.48 AC


Investment Highlights
- Located near growing residential and multifamily developments supporting demand.
- Positioned along a well-connected Des Moines corridor near Hwy 5 and I-35/80.
- Two-parcel site offering flexible single-family or potential multifamily concepts.
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 1.48 AC |
| Zoning | N3A | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.48 AC |
| Zoning | N3A |
1 Lot Available
Lot
| Price | $278,054 CAD | Lot Size | 1.48 AC |
| Price Per AC | $187,874.32 CAD |
| Price | $278,054 CAD |
| Price Per AC | $187,874.32 CAD |
| Lot Size | 1.48 AC |
4150 University Ave and 1207 Williams total 1..482 acres. Currently zoned N3A allowing for minimum 6000 sqft single family lots. Nearby with NX1 zoning, and with a multifamily proposal, relevant zoning changes would be considered by the city.
Description
Situated along Des Moines’ evolving University Avenue corridor, this 1.482-acre land offering presents a compelling opportunity for residential or redevelopment-focused investors seeking a strategically located site with strong long-term potential. The property consists of two contiguous parcels measuring 0.844 acres and 0.638 acres, together creating a flexible development footprint enhanced by an existing 843-square-foot structure suitable for interim use or staging. Currently zoned N3A, the site supports single-family development with minimum six-thousand-square-foot lots, aligning well with surrounding residential patterns. Additionally, the presence of nearby multifamily communities with NX1 zoning demonstrates a favorable precedent for higher-density housing, and the City of Des Moines has indicated openness to considering zoning modifications when supported by a thoughtful multifamily proposal.
