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Des Moines, IA Apartment Buildings for Sale

11 results
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Highland Park 7-Unit Multifamily Property
$300,000
3,306 SF

Highland Park 7-Unit Multifamily Property

3419 1St St, Des Moines, IA 50313

Turnkey investment property with strong rental history in Des Moines.

  • Strong, consistent income from a fully leased 7‑unit multi‑family property.
  • Prime Highland Park location with easy access to transportation, shopping, and amenities.
  • Current rental certificate in place, ensuring compliance and immediate operation.
  • Separately metered utilities for simplified management and tenant billing.
  • Recent upgrades including a new roof, new sewer line, and backflow system (installed in 2025).
Updated: Mar 4
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Sherman Hill Multifamily Investment
$475,000
5,692 SF

Sherman Hill Multifamily Investment

686 19Th St, Des Moines, IA 50314

Six-unit property in Des Moines' desirable Sherman Hill neighborhood.

  • Prime location in Des Moines' desirable and historic Sherman Hill neighborhood.
  • Strong rental demand due to limited multifamily supply in the area.
  • Walkable access to amenities like Smokey Row Coffee Company and Gateway Market.
  • Stable cash flow and tenant retention potential.
  • Close proximity to downtown Des Moines.
Updated: Feb 7
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Five-Unit Multifamily Property in Des Moines
$350,000
2,522 SF

Five-Unit Multifamily Property in Des Moines

Well-located 5-unit multifamily property with long-term tenants and upside.

2936 Brattleboro Ave, Des Moines, IA 50311
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Des Moines Multifamily Opportunity
$225,000
2,734 SF

Des Moines Multifamily Opportunity

Multifamily property in Des Moines, Iowa for sale.

2303 Carpenter Ave, Des Moines, IA 50311
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Des Moines Multifamily Investment Property
$180,000
2,709 SF

Des Moines Multifamily Investment Property

Fully rented multifamily property in Des Moines, Iowa.

1825 7Th St, Des Moines, IA 50314
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Income-Producing Multi-Family Property
$275,000
4,233 SF

Income-Producing Multi-Family Property

Six-unit property with rental income and potential for increases.

717 Franklin Ave, Des Moines, IA 50314
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Mixed-Use Building with Income Potential
Contact for pricing
3,000 SF

Mixed-Use Building with Income Potential

Well-maintained mixed-use building with apartments and office units.

3810 38Th St, Des Moines, IA 50310
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Updated Condo Near Ewing Park
Contact for pricing
1,106 SF

Updated Condo Near Ewing Park

Condo with new carpet, appliances included, near Ewing Park.

2200 Hart Ave, Des Moines, IA 50320
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Des Moines Plaza Office Condos
$1,352,752
22,928 SF

Des Moines Plaza Office Condos

Iconic Plaza Building, 22,928 sq ft, 3 Units

300 Walnut St, Des Moines, IA 50309
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Merle Hay Tower: Redevelopment Opportunity
$1,600,000
67,325 SF

Merle Hay Tower: Redevelopment Opportunity

Des Moines, IA: Adaptive Reuse Project

3850 Merle Hay Rd, Des Moines, IA 50310
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Windsor Terrace Apartments: Des Moines
Contact for pricing
119,039 SF

Windsor Terrace Apartments: Des Moines

136-unit apartment building, prime location

3333 Grand Ave, Des Moines, IA 50312
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Based on your search, we've compiled 259 Potential Opportunities for your consideration. Besides 11 Active listings in Des Moines, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 244 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Townhome with Modern Amenities
Contact for pricing

New Townhome with Modern Amenities

Spacious 3-bedroom townhome near Radiant Elementary and Acadia Park.

17021 Persimmon Ln, Urbandale, IA 50323
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New Townhome in Mallard Prairie
Contact for pricing

New Townhome in Mallard Prairie

Spacious 3-bedroom townhome with modern smart home technology.

4752 171 St, Urbandale, IA 50323
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West Des Moines 12-Plex Apartment
$1,350,000
10,143 SF

West Des Moines 12-Plex Apartment

Three-story, 12-unit apartment building in West Des Moines, Iowa.

800 13Th St, West Des Moines, IA 50265
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Veterans Business Park Land
Contact for pricing
116.81 Acres

Veterans Business Park Land

116 Acres, West Des Moines, IA

765 Willow Creek Dr, West Des Moines, IA 50265
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Explore Off-Market Properties in Des Moines, IA

Consider similar Off-Market properties in Des Moines, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1002 6th St

1002 6th St

APARTMENT HOUSE (5+ UNITS) • 35,931 SF
Value Estimation
$4,355,000
1002 6th St, Des Moines, IA 50316-2857
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2101 Caulder Ave

2101 Caulder Ave

APARTMENT HOUSE (5+ UNITS) • 24,102 SF
Value Estimation
$2,920,000
2101 Caulder Ave, Des Moines, IA 50320-1954
View details
6620 5th St

6620 5th St

APARTMENT HOUSE (5+ UNITS) • 5,092 SF
Value Estimation
$860,000
6620 5th St, Des Moines, IA 50315-6405
View details
1717 6th Ave

1717 6th Ave

APARTMENT HOUSE (5+ UNITS) • 34,413 SF
Value Estimation
$3,845,000
1717 6th Ave, Des Moines, IA 50314-3388
View details
Des Moines, IA 50321

Des Moines, IA 50321

APARTMENT HOUSE (5+ UNITS) • 21,240 SF
Value Estimation
$1,525,000
Des Moines, IA 50321
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2151 King Ave

2151 King Ave

APARTMENT HOUSE (5+ UNITS) • 19,200 SF
Value Estimation
$1,415,000
2151 King Ave, Des Moines, IA 50320-2902
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3407 Grand Ave

3407 Grand Ave

APARTMENT HOUSE (5+ UNITS) • 99,296 SF
Value Estimation
$6,535,000
3407 Grand Ave, Des Moines, IA 50312-4130
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2000 Virginia Ave

2000 Virginia Ave

APARTMENT HOUSE (5+ UNITS) • 19,578 SF
Value Estimation
$1,565,000
2000 Virginia Ave, Des Moines, IA 50320-1280
View details
2800 Fleur Dr

2800 Fleur Dr

APARTMENT HOUSE (5+ UNITS) • 51,306 SF
Value Estimation
$6,075,000
2800 Fleur Dr, Des Moines, IA 50321-1704
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5136 Ingersoll Ave

5136 Ingersoll Ave

Multifamily properties • 3,315 SF
Value Estimation by Request
5136 Ingersoll Ave, Des Moines, IA 50312
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3315 15th St

3315 15th St

APARTMENT HOUSE (5+ UNITS) • 5,544 SF
Value Estimation
$3,295,000
3315 15th St, Des Moines, IA 50316
View details
915 28th St

915 28th St

APARTMENT HOUSE (5+ UNITS) • 5,392 SF
Value Estimation by Request
915 28th St, Des Moines, IA 50312-4848
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2916 30th St

2916 30th St

APARTMENT HOUSE (5+ UNITS) • 25,233 SF
Value Estimation
$1,730,000
2916 30th St, Des Moines, IA 50310-5265
View details

Des Moines, IA Apartment Buildings Investment Opportunities Market Analysis

Explore 255 apartment buildings for sale in Des Moines, IA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 8,453,465 square feet of properties for sale, with an estimated market value of $273,940,000.

Sale prices for two-family homes in Des Moines, IA start at $125,000, averaging $1,850,945, and reaching up to $26,330,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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