About This Home

This 0-bedroom, 0-bathroom commercial at 4880 Ingersoll Avenue in Des Moines, IA is listed for $1,650,000. Built in 2024, on a 0.06 acres lot.

Key Features

  • Built in 2024
  • 0.06 acre lot

Property Details

2024

Amenities

A/C
Listing Description

INVESTMENT OPPORTUNITY! New Price just made to 1.65! Look at that number twice, because this includes 4 already built executive level townhomes (1672 sq ft each) and 8 additional building slabs. The current occupied rowhomes in the Woods @ Waterbury neighborhood have sold from $660K- $402K.

Getting 4 completed properties AND a building site for 8 more in a location like this is amazing. Options for the adjacent lot: build the 8 townhomes, or make it 4 ranch-patio properties ... or even 2 stand-alone garden homes. Take development of this space in a totally different direction, perhaps the available lot is turned into a greenspace park or pool with clubhouse.

In this scenario the four completed homes front door would open directly to the park. At this price its possible to truly develop the community into whatever you want! Beyond premiere location in the heart of WATERBURY, just a few blocks from The Des Moines Art Center & rose garden. Tax abatement.

Monthly Cost Estimate

$8,825/mo

20% down · 6.5% · 30 years

Principal$1,193
Interest$7,150
Insurance$481

Estimates only. Actual payments may vary.

Location

4880 Ingersoll Avenue

Des Moines, IA 50312

Property Details

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4880 Ingersoll Avenue is listed at $1,650,000. The estimated monthly payment is $8,824 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024, 0.06 acre lot.

This property is listed by Darla Willett-Rohrssen.

DW

Darla Willett-Rohrssen

Agent at Iowa Realty Co., Inc.

Listed by Iowa Realty Co., Inc. · Broker phone: (800) 724-2297 · View on Broker Site · Broker website

MLS# 743013· Source: Des Moines Area Association of REALTORS®, Inc.· 138 days on PropertySimple

Copyright © 2026 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.

4880 Ingersoll Avenue, Des Moines, IA 50312

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