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Polk County, IA Apartment Buildings for Sale

28 results
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Income-Producing Multi-Family Property
$275,000
4,233 SF

Income-Producing Multi-Family Property

717 Franklin Ave, Des Moines, IA 50314

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

  • Income‑producing property with $3850/mo total rents.
  • Six rented units.
  • Room for rent increases.
  • Large parking lot.
  • Large basement for landlord storage.
Updated: Jan 7
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Revitalization Opportunity Near Drake University
Pending
$250,000
3,067 SF

Revitalization Opportunity Near Drake University

3101 Cottage Grove Ave, Des Moines, IA 50311

Seven-unit building suitable for conversion or multifamily use.

  • Prime location steps from Drake University in a revitalizing neighborhood.
  • Eligible for InvestDSM grants, reimbursements, and low‑interest rehab loans, plus NFC Advantage Lending benefits.
  • Opportunity to convert a 7‑unit building back to a stately single‑family home.
  • Significant value growth potential due to historic preservation efforts and new local businesses.
  • Ideal for a top‑tier single‑family redesign.
Updated: Nov 24, 2025
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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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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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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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New Ankeny Townhome Under Construction
$236,990

New Ankeny Townhome Under Construction

Three-bedroom, 2.5-bath townhome with a 2-car garage in Ankeny, Iowa.

1355 NE 59 Ln, Ankeny, IA 50021
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New Ankeny Townhome with Garage
$236,990

New Ankeny Townhome with Garage

Spacious 3-bedroom townhome with modern amenities and convenient location.

1367 NE 59 Ln, Ankeny, IA 50021
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Updated Condo in West Des Moines
$153,900

Updated Condo in West Des Moines

Move-in ready condo with new flooring, windows, and deck.

4549 Woodland Ave, West Des Moines, IA 50266
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Spacious Condo in West Des Moines
$146,500

Spacious Condo in West Des Moines

Two-bedroom, two-bathroom condo with courtyard view and detached garage.

4765 Woodland Ave, West Des Moines, IA 50266
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Spacious Condo with Modern Updates
$179,900
1,214 SF

Spacious Condo with Modern Updates

Updated ground floor condo with three bedrooms and detached garage.

1107 NE 5Th Ln, Ankeny, IA 50021
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Active Adult Cooperative Home
$239,900

Active Adult Cooperative Home

Spacious 2BR, 2BA cooperative home for adults 55+.

9001 Windsor Pkwy, Johnston, IA 50131
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Ankeny 55+ Community Condo
$127,500
750 SF

Ankeny 55+ Community Condo

Well-maintained 1 bed, 1 bath condo in vibrant community.

409 SE Delaware Ave, Ankeny, IA 50021
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West Des Moines Condo with Balcony
$154,900
1,152 SF

West Des Moines Condo with Balcony

Charming 2-bedroom, 2-bath condo in West Des Moines.

4809 Woodland Ave, West Des Moines, IA 50266
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Updated Condo in West Des Moines
$162,000

Updated Condo in West Des Moines

Affordable, updated condo with modern amenities in a prime location.

4609 Woodland Ave, West Des Moines, IA 50266
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New Townhome with Modern Amenities
$254,990

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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West Des Moines Loft Living
$289,900

West Des Moines Loft Living

Two-bedroom loft with modern amenities in a prime location.

640 S 50Th St, West Des Moines, IA 50265
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Silver Oaks Condo with Balcony
$168,500
1,215 SF

Silver Oaks Condo with Balcony

Move-in ready condo with new flooring, balcony, and garage.

8601 Westown Pkwy, West Des Moines, IA 50266
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Updated Condo Near Ewing Park
$163,500
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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New Townhome in Mallard Prairie
$239,990

New Townhome in Mallard Prairie

Spacious 3-bedroom townhome with modern smart home technology.

4752 171 St, Urbandale, IA 50323
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Independent Senior Living Cooperative
$129,900
1,130 SF

Independent Senior Living Cooperative

Independent senior living community unit with modern amenities and convenient location.

1370 SW Magazine Rd, Ankeny, IA 50023
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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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Windsor Heights Duplex Investment
$650,000
2,846 SF

Windsor Heights Duplex Investment

2-unit apartment building, excellent ROI.

1036 66 St, Windsor Heights, IA 50324
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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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Polk County, IA Apartment Buildings Investment Opportunities Market Analysis

Explore 713 apartment buildings for sale in Polk County, IA, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 23,351,708 square feet of properties for sale, with an estimated market value of $567,695,000.

Prices for two-family homes in Polk County, IA start at $125,000, averaging $1,991,912, and reaching up to $27,445,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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