Open House
New Listing

2023 University Avenue

Online bidding starts at $129,000! This is your chance to own your investment property with full transparency in the bidding process. Cash or financing is accepted, and our unique open bidding platform allows you to see exactly what others are offering—no guesswork or blind offers. You set the value, making the process simple and fair. Bidding ends August 25, 2025. This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $3,260 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Legal: W 120F N 95F S 128F & N 40F S 168F E 45F W 120F LTS 19 & 20 OP SEC 33-79-24

Status: Active
Open House: 16 Aug, 2025 (11:00 AM to 12:30 PM)
Open House: 17 Aug, 2025 (01:00 PM to 02:30 PM)
Open House: 19 Aug, 2025 (09:00 AM to 10:30 AM)
Open House: 20 Aug, 2025 (01:00 PM to 02:30 PM)
Open House: 23 Aug, 2025 (11:00 AM to 12:39 PM)
Open House: 24 Aug, 2025 (01:00 PM to 02:30 PM)

Property Information

724439

$129,000

Sale

MultiFamily

2023 University Avenue

Des Moines

Polk

IA

50311

8

3892

3892

13200

Des Moines N.West

5455

1905

Dike-New Hartford

Utilities

No

Listed By

LPT Realty, LLC, Jeffrey Downing (515.257.6477) & LPT Realty, LLC, Randall Murphy (515.669.9332)

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WORK WITH US HOME VALUATION
Agency Iowa - Licensed In Iowa Each Office Independently Owned And Operated.

Agency Iowa

Licensed In Iowa Each Office Independently Owned And Operated.

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