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$395,000
18 Beds 10 Baths 718083 MLS
New Price ~ This well-maintained multifamily property features a 4-unit and 6-unit brick apartment complex on a spacious 0.83-acre lot. The portfolio includes eight 2-bedroom units and two 1-bedroom units, offering stable income with a strong 10% cap rate. Recent upgrades include newer roofs, soffit, fascia, gutters, 31 new windows, and the removal of five trees for improved property aesthetics. Units have seen varying levels of renovation, ensuring minimal capital improvements for the new owner. On-site laundry currently offered free—convert to coin-operated or tenant-billed utilities to increase revenue. Value-add potential through rent increases and utility optimization makes this a smart buy for any investor looking to grow their portfolio in a quiet, stable market.

206 and 212 NW Walnut Street, Bridgewater

Listing courtesy of Stephen Patel with Pella Real Estate Services

$645,000
6 Beds 3 Baths 710446 MLS
Welcome to the Briar plan by Elevated Builders. Nestled in the desirable Shadow Creek neighborhood and within the top-rated Waukee School District, this stunning 6-bedroom, 3-bathroom ranch home boasts an impressive blend of comfort and sophistication. Offering 1,930 square feet on the main level and an additional 1,367 square feet of finished lower-level living space, this home is designed for modern living and effortless entertaining. Step inside and be greeted by an abundance of natural light, highlighting the beautiful designer finishes and meticulous trim work throughout. The open-concept main floor features a chef’s kitchen with a spacious island, premium Café appliances, and ample storage, making it a culinary enthusiast’s dream. The living and dining areas flow seamlessly onto a covered composite deck, perfect for enjoying your morning coffee or hosting evening gatherings. Retreat to the primary suite, complete with luxurious details and a spa-like, en suite bath, while two additional main-level bedrooms provide flexibility for family or guests. The finished basement is an entertainer’s haven, featuring a custom bar, three more generously sized bedrooms and workout area. Whether hosting game nights or unwinding after a long day, this versatile space has it all. Additional highlights include a spacious three-car garage, high-end finishes throughout, and a location that combines suburban tranquility with easy access to schools, parks, and amenities.

17621 Hammontree Drive, Clive

Listing courtesy of Matthew Schultz with LPT Realty, LLC

$1,176,000
12 Beds 4 Baths 709194 MLS
Stanbrough Realty Company is pleased to offer the opportunity to acquire Manchester Village Townhomes, a modern 12-unit townhome community located in West Des Moines, IA. Constructed in 2022-2023, Manchester Village comprises 12 spacious units, each featuring 3 bedrooms and 2.5 bathrooms. These thoughtfully designed townhomes boast open floor plans with large windows that fill the space with natural light, highlighting the sleek white cabinetry, quartz countertops, and stainless steel appliances, including a refrigerator. Durable and stylish LVP flooring spans the main level, while the upper level includes a luxurious master suite with a double-sink vanity and walk-in closet, two additional bedrooms, a full bathroom, and a laundry room equipped with a full-size washer and dryer. The finished lower level offers a versatile space, perfect for a family room or a potential fourth bedroom. The Manchester Village Townhome portfolio consists of three 4-plex buildings, offering investors the flexibility to purchase a single 4-plex or all three. Included Units: *302-326 Harmony Ave - $1,176,000 *334-358 Harmony Ave - $1,164,000 *9143-9125 Calvin Dr - $1,176,000 Total Portfolio Price: $3,480,000 For more information about this investment opportunity, please contact the listing agent.

9125-9143 Calvin Drive, West Des Moines

Listing courtesy of Andrew McCune with Stanbrough Realty Company

$1,164,000
12 Beds 4 Baths 709193 MLS
Stanbrough Realty Company is pleased to offer the opportunity to acquire Manchester Village Townhomes, a modern 12-unit townhome community located in West Des Moines, IA. Constructed in 2022-2023, Manchester Village comprises 12 spacious units, each featuring 3 bedrooms and 2.5 bathrooms. These thoughtfully designed townhomes boast open floor plans with large windows that fill the space with natural light, highlighting the sleek white cabinetry, quartz countertops, and stainless steel appliances, including a refrigerator. Durable and stylish LVP flooring spans the main level, while the upper level includes a luxurious master suite with a double-sink vanity and walk-in closet, two additional bedrooms, a full bathroom, and a laundry room equipped with a full-size washer and dryer. The finished lower level offers a versatile space, perfect for a family room or a potential fourth bedroom. The Manchester Village Townhome portfolio consists of three 4-plex buildings, offering investors the flexibility to purchase a single 4-plex or all three. Included Units: *302-326 Harmony Ave - $1,176,000 *334-358 Harmony Ave - $1,164,000 *9143-9125 Calvin Dr - $1,176,000 Total Portfolio Price: $3,480,000 For more information about this investment opportunity, please contact the listing agent.

334-358 Harmony Avenue, West Des Moines

Listing courtesy of Andrew McCune with Stanbrough Realty Company

$1,176,000
12 Beds 2 Baths 709192 MLS
Stanbrough Realty Company is pleased to offer the opportunity to acquire Manchester Village Townhomes, a modern 12-unit townhome community located in West Des Moines, IA. Constructed in 2022-2023, Manchester Village comprises 12 spacious units, each featuring 3 bedrooms and 2.5 bathrooms. These thoughtfully designed townhomes boast open floor plans with large windows that fill the space with natural light, highlighting the sleek white cabinetry, quartz countertops, and stainless steel appliances, including a refrigerator. Durable and stylish LVP flooring spans the main level, while the upper level includes a luxurious master suite with a double-sink vanity and walk-in closet, two additional bedrooms, a full bathroom, and a laundry room equipped with a full-size washer and dryer. The finished lower level offers a versatile space, perfect for a family room or a potential fourth bedroom. The Manchester Village Townhome portfolio consists of three 4-plex buildings, offering investors the flexibility to purchase a single 4-plex or all three. Included Units: *302-326 Harmony Ave - $1,176,000 *334-358 Harmony Ave - $1,164,000 *9143-9125 Calvin Dr - $1,176,000 Total Portfolio Price: $3,480,000 For more information about this investment opportunity, please contact the listing agent.

302-326 Harmony Avenue, West Des Moines

Listing courtesy of Andrew McCune with Stanbrough Realty Company