$1,067/ mo
Doesn't include deposits and fees
1 bed1 bath909 sqft condo
4000 University Ave #7
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4000 University Ave #7
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Costs, fees, and lease terms
Lease terms
Unique Rent-To-Own Opportunity | 4000 University Ave Unit 7 Take the first step toward owning your home at 4000 University Ave, Unit 7. This lease-option arrangement gives you the benefits of working toward property ownership with flexible, custom-tailored terms. Financial & Lease Terms: Program Type: Rent-To-Own / Lease-Option/for sale Down Payment: $15,000 minimum required Monthly Rate: Tailored to your credit profile and down payment contribution Insurance Requirement: Homeowner's insurance policy required HOA Fee: $250/month (Includes water and trash removal) Estimated Utilities: Paid separately, averaging ~$100/month Key Highlights: Flexible Maintenance Plans: Routine maintenance is the tenant's responsibility, but an optional owner-managed maintenance service is available for an additional monthly fee. Furnishing Flexibility: Optional furniture packages available if you prefer a move-in-ready setup. Building Policy: non-smoking property.
Pricing comparison
$240At $1,067, this listing is priced $240 more than the current market rate for a 1 bedroom home in Drake.
Other 1 bedroom homes in the area go for
- Drake$827
- Des Moines$997
- Polk County$1,089
- 50311$854
Pets
Dogs
Number allowed2Cats
Number allowed2
The neighborhood
About the building
High-End Smart Home | Unique Rent-To-Own or conventional purchase 1BD/1BA at 4000 University Ave #7 interest starting at 3.99%
Beautiful newly… renovated 1bdrm 1bath with ample closet and stainless steel appliances.
Why rent when you can build equity?
Welcome to Unit 7 at 4000 University Ave a beautifully renovated 1-bedroom, 1-bathroom residence offering custom designer upgrades, smart technology, and flexible lease-option terms. Whether you are a Drake student or faculty member, a young couple, a single professional, or looking for an ideal second home, this property offers rare luxury in a quiet neighborhood setting.
Property Highlights & Amenities:
Exclusive Climate Control: Stands out as the only unit in the entire building equipped with central air conditioning, managed by a Nest thermostat.
Smart Technology Integration: Keyless entry via August smart locks, Nest smoke detectors, app-controlled lighting, Legrand light switches, and built-in USB outlets throughout.
Gourmet Kitchen: Features stone granite countertops, butcher block work surfaces, open shelving, stainless steel appliances, a full refrigerator, and a dishwasher.
Spa-Inspired Bath: Unwind in a luxurious jetted tub with a rain shower head and bidet-ready electrical wiring.
Premium Interior Detailing: Stunning herringbone floors, new windows, upgraded light fixtures, and elegant chandeliers.
Abundant Storage & Living Space: Includes built-in shelving, an expansive main closet, a dedicated cedar closet, and a private secondary storage room conveniently located right across the hall.
Ultimate Convenience: In-unit full-size washer and dryer, easy walk-up access with no stairs, dedicated bike storage, and ample on-site parking.
Lease-Option / Rent-To-Own Terms:
Minimum Down Payment: $15,000
Monthly Rate: Customized based on tenant credit profile and down payment contribution.
Furnishing: Optional furniture package available for a seamless move-in.
Maintenance Terms: Routine maintenance is tenant responsibility, with an optional owner-managed maintenance program available for a monthly fee.
Insurance & Policies: Homeowner's insurance policy required. Strictly a non-smoking property.
HOA & Utilities: $250/month HOA fee covers water and trash. Utilities are paid separately and average ~$100/month.
Why rent when you could rent to own?
Optional to come furnished. Great for Drake college students, young couples, singles, or as a second home.
- full w/d in-unit
- full fridge
- new windows
- jetted tub
- herringbone floors
- walk up, no stairs
- new fixtures, chandeliers
- smart home technology: lighting, August locks, nest smoke detectors
- quiet neighborhood
- ample parking
- butcher block
- bike storage
- secondary storage room across the hall
- only unit with central air/ac
- rain shower
- bidet ready electrical
- usb outlets
- Legrand light switches
- ample closet
- cedar closet
- stone granite counters
- shelves
- dishwasher
- nest thermostat
The property manager
Nearby schools
Students who live in 4000 University Ave #7 attend the following Des Moines Independent Community School District (Unified School District) public schools:
- 50.5 mi
Hubbell Elementary School
Public, Grades K - 5
- 31.7 mi
Callanan Middle School
Public, Grades 6 - 8
- 41 mi
Roosevelt High School
Public, Grades 9 - 12
GreatSchools ratings are based on test scores and additional metrics when available.
4000 University Ave #7
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Find similar homes
 This listing 4000 University Ave #7 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Studio | — | — | $995+ | $895+ | — | $990+ | — | — | — |
| 1 bed | $1,067 | $1,200+ | $1,125+ | $1,095+ | $875+ | $875+ | $998+ | $1,118+ | $1,250+ |
| 2 beds | — | $1,375 | $1,520+ | $1,295+ | $1,082+ | $935+ | $1,322+ | $1,335+ | $1,699 |
| 3 beds | — | $1,850 | — | — | $1,351+ | $1,160+ | $1,604+ | — | — |
| Total monthly price |  Total price | ||||||||
| Distance | — | 7.6 miles away | 3.4 miles away | 8.5 miles away | 7.8 miles away | 6.1 miles away | 8.3 miles away | 7.5 miles away | 2.7 miles away |
| Pets | Cats and Small Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed |
| Laundry | In Unit | In Unit | In Unit | In Unit | — | Shared | — | In Unit | In Unit |
| Security | — | — | — | — | — | — | — | — | Controlled Access |
| A/C |  | | — | | | | | | — |
| Dishwasher | | | | — | | | — | | — |
| Parking | | | — | | | | | | |
| Gym | — | | | | | | | | |
| Pool | — | — | — | — | | | | | |
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