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    Des Moines, IA Apartment Buildings for Sale

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    Dubuque, IA Ankeny, IA Cedar Rapids, IA
    19 results
    Multifamily Property in Drake Area
    $340,000
    2,522 SF

    Multifamily Property in Drake Area

    2936 Brattleboro Avenue, Des Moines, IA 50311

    Five-unit multifamily property with income potential in Des Moines, Iowa.

    • Strong cash flow potential with current rent levels.
    • Low‑turnover asset with long‑term tenancy history.
    • Separate electric meters for each unit (tenant‑paid electric).
    • Recent conversion to electric heat.
    • Coin‑operated laundry, 2‑car garage, and extra storage provide additional income and value.
    Updated: Jan 23
    View details
    Sherman Hill Multifamily Investment Opportunity
    $399,900
    3,174 SF

    Sherman Hill Multifamily Investment Opportunity

    732 19th Street, Des Moines, IA 50314

    Multifamily property in Des Moines' historic Sherman Hill neighborhood.

    • Cash flow investment opportunity in the historical Sherman Hill neighborhood.
    • Seven total units: six 1‑bedroom and one 2‑bedroom.
    • Six units are currently leased.
    • Professionally managed.
    • Convenient location near Downtown, I‑235, public transportation, and shopping.
    Updated: Mar 6
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    Sherman Hill Multifamily Investment
    $475,000
    5,692 SF

    Sherman Hill Multifamily Investment

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

    686 19th Street, Des Moines, IA 50314
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    Highland Park 7-Unit Multifamily Property
    $289,900
    3,306 SF

    Highland Park 7-Unit Multifamily Property

    Turnkey investment property in Des Moines' Highland Park neighborhood.

    3419 1st Street, Des Moines, IA 50313
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    Des Moines Multi-Unit Investment
    $505,000
    4,140 SF

    Des Moines Multi-Unit Investment

    Turnkey multi-unit property with income potential in Des Moines.

    1314 22nd Street, Des Moines, IA 50311
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    Income-Producing Multifamily Property
    $269,000
    4,233 SF

    Income-Producing Multifamily Property

    Six-unit multifamily property with income potential in Des Moines.

    717 Franklin Avenue, Des Moines, IA 50314
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    Multifamily Property Near Drake University
    $225,000
    2,734 SF

    Multifamily Property Near Drake University

    Multifamily property near Drake University with high cap rate potential.

    2303 Carpenter Avenue, Des Moines, IA 50311
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    Income-Producing Multi-Family Property
    $269,000
    4,233 SF

    Income-Producing Multi-Family Property

    Six-unit property in Des Moines with rental income.

    717 Franklin Avenue, Des Moines, IA 50314
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    Renovated Multifamily Near Drake University
    $745,000

    Renovated Multifamily Near Drake University

    Renovated 12-unit multifamily property near Drake University and Downtown.

    1137 26th Street, Des Moines, IA 50311
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    Income-Producing Multifamily Property For Sale
    $275,000
    0.30 Acres

    Income-Producing Multifamily Property For Sale

    Six-unit multifamily property with income and parking.

    717 Franklin Avenue, Des Moines, IA 50314
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    Des Moines Multifamily Investment Opportunity
    $2,250,000
    14,336 SF

    Des Moines Multifamily Investment Opportunity

    35-unit multifamily property near Des Moines CBD.

    2127 Indianola Avenue, Des Moines, IA 50315
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    Sherman Hill Multifamily Investment
    $499,900
    5,692 SF

    Sherman Hill Multifamily Investment

    Historic Des Moines multifamily property with immediate returns.

    686 19th Street, Des Moines, IA 50314
    View details
    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 Street, Des Moines, IA 50314
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    Des Moines Multifamily Investment Opportunity
    $745,000
    8,064 SF

    Des Moines Multifamily Investment Opportunity

    Well-maintained 12-unit apartment community in Des Moines, Iowa.

    6920 SW 9th St, Des Moines, IA 50315
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    Investor-Ready Six-Unit Apartment Building
    $360,000
    3,851 SF

    Investor-Ready Six-Unit Apartment Building

    Well-maintained multifamily asset in Des Moines' desirable Drake neighborhood.

    1424 30th St, Des Moines, IA 50311
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    Luxury Mixed-Use Community in Des Moines
    Contact for pricing
    16,901 SF

    Luxury Mixed-Use Community in Des Moines

    42-unit mixed-use property with apartments, townhomes, and medical office.

    4362 Hickman Road, Des Moines, IA 50310
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    Sherman Hill Multifamily Investment Opportunity
    $475,000
    2,988 SF

    Sherman Hill Multifamily Investment Opportunity

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

    658 18th St, Des Moines, IA 50314
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    Des Moines Apartment Community
    $2,850,000
    27,360 SF

    Des Moines Apartment Community

    45-unit apartment community with renovated units in Des Moines, Iowa.

    2519 Clarkson Ave, Des Moines, IA 50310
    View details
    Former Office Building with Theater
    $1,600,000
    67,325 SF

    Former Office Building with Theater

    Former office building with attached theater, suitable for redevelopment.

    3850 Merle Hay Rd, Des Moines, IA 50310
    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Des Moines, IA, we suggest to view alternatives - similar 244 Off-Market properties to explore as potential leads.

    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.

    5500 14th St

    5500 14th St

    APARTMENT HOUSE (5+ UNITS) • 1,871 SF
    Value Estimation by Request
    5500 14th St, Des Moines, IA 50313-1643
    View details
    2600 Kingman Blvd

    2600 Kingman Blvd

    APARTMENT HOUSE (5+ UNITS) • 22,828 SF
    Value Estimation
    $1,135,000
    2600 Kingman Blvd, Des Moines, IA 50311-4161
    View details
    3330 25th St

    3330 25th St

    APARTMENT HOUSE (100+ UNITS) • 76,524 SF
    Value Estimation by Request
    3330 25th St, Des Moines, IA 50317-3600
    View details
    200 Dickman Rd

    200 Dickman Rd

    APARTMENT HOUSE (5+ UNITS) • 21,648 SF
    Value Estimation
    $24,725,000
    200 Dickman Rd, Des Moines, IA 50315-6262
    View details
    200 Dickman Rd

    200 Dickman Rd

    APARTMENT HOUSE (5+ UNITS) • 21,648 SF
    Value Estimation
    $24,725,000
    200 Dickman Rd, Des Moines, IA 50315-6262
    View details

    Des Moines, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 263 apartment buildings for sale in Des Moines, IA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 8,476,412 square feet of properties for sale, with an estimated market value of $274,837,800.

    Sale prices for two-family homes in Des Moines, IA start at $125,000, averaging $1,832,252, 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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    Most Searched ZIP Codes in Des Moines, IA

    • 50314
    • 50311
    • 50310
    • 50315
    • 50313

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