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16 Indianola Road, Des Moines, IA 50315

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For Sale

$425,000

1.64 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1.6 acres
    Lot size

Explore this Property

Prime Multi-Family Development Opportunity Near Downtown Des Moines! Rare 1.64-acre lot just minutes from downtown Des Moines, offering stunning skyline views and close proximity to shops, restaurants, and entertainment venues. Zoned multi-family residential, this property is perfectly suited for a signature community that combines modern design with walkable convenience. Imagine a residential development that brings residents closer to the vibrant energy of the city while providing sweeping views of the downtown skyline. With its generous size, premier location, and unlimited potential, this site offers the chance to create a premium neighborhood in the heart of Des Moines. Large parcels with this kind of access and visibility are increasingly difficult to find, making this an exceptional opportunity for developers and investors alike. The site's location offers quick connections to major commuter routes, public transit, and key employment centers, ensuring strong demand from residents seeking modern living close to downtown. Surrounded by established neighborhoods, cultural attractions, and ongoing growth in the downtown corridor, this property is positioned to benefit from Des Moines' continued expansion and rising housing demand. Whether envisioned as luxury apartments, townhomes, or a mixed-use project, this property provides a prime opportunity for new construction in a vibrant part of the city.
MLS# 726583

Courtesy Of Realty ONE Group Impact

(515) 446-7524

Property Features

  • Lot Size
    1.64 Acres

Map and Directions

Directions to 16 Indianola Road, Des Moines, IA 50315

Home seller CENTURY 21 Signature Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Real Estate

(515) 963-1040
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Monthly Payment Breakdown

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Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.