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Polk County, IA Apartment Buildings for Sale

30 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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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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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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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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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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Mixed-Use Development For Sale
Contact for pricing
12,486 SF

Mixed-Use Development For Sale

20,400 SF mixed-use property with retail, office, and apartments.

7040 NE 14Th St, Ankeny, IA 50023
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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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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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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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Silver Oaks Condo with Balcony
Contact for pricing
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 in West Des Moines
Contact for pricing

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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Updated Condo in West Des Moines
Contact for pricing

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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West Des Moines Condo with Balcony
Contact for pricing
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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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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New Ankeny Townhome Under Construction
Contact for pricing

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
Contact for pricing

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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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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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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1033-1035 67 St
$650,000
2,846 SF

1033-1035 67 St

Multifamily properties • 2,846 SF

1033-1035 67 St, Windsor Heights, IA 50324
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Polk County, IA Apartment Buildings Investment Opportunities Market Analysis

Explore 716 apartment buildings for sale in Polk County, IA, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 23,369,132 square feet of properties for sale, with an estimated market value of $568,570,000.

Sale prices for two-family homes in Polk County, IA start at $125,000, averaging $1,981,080, and reaching up to $27,445,000 — 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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