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Polk County, IA Apartment Buildings for Sale

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25 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
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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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West Des Moines 12-Plex Apartment
$1,295,000
10,143 SF

West Des Moines 12-Plex Apartment

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

800 13th Street, West Des Moines, IA 50265
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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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32-Unit Multifamily Community in Ankeny, Iowa
$2,500,000
25,600 SF

32-Unit Multifamily Community in Ankeny, Iowa

Well-maintained 32-unit apartment complex in Ankeny, Iowa.

218 Northwest State Street, Ankeny, IA 50023
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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
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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 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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Trilein Village Apartments For Sale
Contact for pricing

Trilein Village Apartments For Sale

54-unit apartment community in Ankeny, Iowa.

317 Northeast Trilein Drive, Ankeny, IA 50021
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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
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Mixed-Use Development For Sale
$3,417,227
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
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Modern Townhome Community in Iowa
Contact for pricing

Modern Townhome Community in Iowa

New 12-unit townhome community with modern amenities.

302-358 Harmony Ave, West Des Moines, IA, West Des Moines, IA 50266
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Retail, Multifamily, Office, Mixed Use
$3,417,227
6,358 SF

Retail, Multifamily, Office, Mixed Use

Mixed-use properties · 6,358 SF

7040 NE 14th St, Ankeny, IA 50023
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Polk County, IA Apartment Buildings Investment Opportunities Market Analysis

Explore 25 apartment buildings for sale in Polk County, IA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 23,383,586 square feet of properties for sale, with an estimated market value of $568,362,800.

Sale prices for two-family homes in Polk County, IA start at $125,000, averaging $1,973,481, 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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