4880 Ingersoll Avenue

Des Moines, IA 50312

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.

Listing courtesy of Iowa Realty Mills Crossing



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Last checked: 2026-10-12 05:36 PM UTC