4224 E University Ave

4224 E University Ave Des Moines, IA 50317

4224 E University Ave, Des Moines, IA, 50317
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FOR SALE
Property Type:
Single Tenant Office
Amount:
$675,000
Last Verified:
Nov 04, 2025

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Highlights

  • Development Ground
  • Access To Site Through Mahaska Ave
  • Up to 17 Units Per Acre

Description

Multifamily development ground zoned N3A on which the City will embrace up to 17 units per acre. There is currently a single family residence with tenant on the property. Two adjacent parcels are also for sale at 4150 E. University.

Far East Side of Des Moines on University Ave


Year Built: 1965
Building Size: 2000sq ft
Building Class: A
Lot Size: 8.92 acres


Documents

• NAI - Brochure (P)
4224 e university utility and flood map snip.png
4224 E University Ave - Elevation Map.png

Map of 4224 E University Ave, Des Moines, IA, 50317

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.