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    Des Moines, IA Multifamily Properties for Sale

    33 results
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    Des Moines Duplex Investment Opportunity
    $260,000
    936 SF

    Des Moines Duplex Investment Opportunity

    2800 54Th St, Des Moines, IA 50310

    Well-maintained duplex with strong rental history in Des Moines.

    • Strong rental history with reliable long‑term tenants ensures steady income.
    • Each unit features 2 bedrooms and 1.5 bathrooms.
    • Shared 2‑car detached garage provides convenient parking.
    • Well‑maintained duplex suitable for both seasoned investors and first‑time home buyers.
    • Functional kitchens and generous living spaces in both units.
    Updated: Dec 3, 2025
    View details
    Beaverdale Duplex with Updated Roof
    $289,900
    884 SF

    Beaverdale Duplex with Updated Roof

    3831 40Th St, Des Moines, IA 50310

    Des Moines duplex in Beaverdale neighborhood, tenant-paid utilities.

    • High rental income: $2,200 total per month.
    • Tenant paid utilities (electric and gas).
    • Desirable Beaverdale neighborhood location.
    • Updated roof.
    • Each unit has 2 bedrooms and 1 bathroom.
    Updated: Dec 29, 2025
    View details
    Revitalization Opportunity Near Drake University
    Pending
    $250,000
    3,067 SF

    Revitalization Opportunity Near Drake University

    Seven-unit building suitable for conversion or multifamily use.

    3101 Cottage Grove Ave, Des Moines, IA 50311
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    Updated Multi-Family Near Downtown
    $225,000
    1,752 SF

    Updated Multi-Family Near Downtown

    Updated multi-family property near downtown with contract terms available.

    1427 7Th St, Des Moines, IA 50314
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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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    Profitable Triplex in Des Moines
    Pending
    $127,000
    1,949 SF

    Profitable Triplex in Des Moines

    Three-unit property generating $1,875 monthly with potential for increased income.

    1420 10Th St, Des Moines, IA 50314
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    Versatile Multi-Family Investment Opportunity
    $299,000
    1,513 SF

    Versatile Multi-Family Investment Opportunity

    Multi-family residence with income potential, featuring two distinct units.

    1242 Mckinley Ave, Des Moines, IA 50315
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    Well-Maintained Three-Plex in Des Moines
    $220,000
    2,328 SF

    Well-Maintained Three-Plex in Des Moines

    Updated three-plex with strong rental potential, ideal for investors.

    1349 E 12Th St, Des Moines, IA 50316
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    Remodeled Duplex with Tenant Potential
    $260,000
    2,550 SF

    Remodeled Duplex with Tenant Potential

    Des Moines duplex featuring remodeled units and additional parking.

    1418 8Th St, Des Moines, IA 50314
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    Sherman Hill Remodeled Multi-Unit Property
    $2,150,000
    12,392 SF

    Sherman Hill Remodeled Multi-Unit Property

    Remodeled 17-unit property in historic Sherman Hill neighborhood.

    702 20Th St, Des Moines, IA 50314
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    Des Moines Fourplex Near Drake
    $339,900
    2,492 SF

    Des Moines Fourplex Near Drake

    Fourplex near Drake University with updated units.

    1240 32Nd St, Des Moines, IA 50311
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    Ranch-Style Duplex Investment Opportunity
    $229,990
    1,776 SF

    Ranch-Style Duplex Investment Opportunity

    Turnkey duplex with separate meters and fenced yard.

    3616-3618 SE 11Th St, Des Moines, IA 50315
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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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    Des Moines Duplex with Garage
    Pending
    $260,000
    918 SF

    Des Moines Duplex with Garage

    Well-kept duplex with solid rental history and fenced backyard.

    2623 63Rd St, Des Moines, IA 50322
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    Des Moines Fourplex Investment Opportunity
    Pending
    $300,000
    3,710 SF

    Des Moines Fourplex Investment Opportunity

    Well-managed fourplex in Des Moines with cash flow potential.

    1418 E 9Th St, Des Moines, IA 50316
    View details
    Renovated Fourplex Investment Opportunity
    $209,900
    2,122 SF

    Renovated Fourplex Investment Opportunity

    Updated fourplex with new roof and systems, great investment property.

    1318 23Rd St, Des Moines, IA 50311
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    Income Property Near Drake University
    $210,000
    1,568 SF

    Income Property Near Drake University

    Spacious duplex near Drake University with strong rental potential.

    1175 21St St, 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
    View details
    Des Moines Brick Duplex
    $233,000

    Des Moines Brick Duplex

    Well-maintained duplex in Des Moines with strong rental history.

    1613 Des Moines St, Des Moines, IA 50316
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    Luxury Villas Near Costa Rica Beach
    $799,000
    2,691 SF

    Luxury Villas Near Costa Rica Beach

    Boutique villas, walk to beach, income potential.

    Villas Cabuya, Des Moines, IA 50308
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    Des Moines Fourplex Investment Opportunity
    Pending
    $300,000
    3,710 SF

    Des Moines Fourplex Investment Opportunity

    Spacious fourplex near downtown Des Moines with strong cash flow.

    1418 E 9Th St, Des Moines, IA 50316
    View details
    Des Moines Multifamily Property
    $330,000
    1,768 SF

    Des Moines Multifamily Property

    Multifamily property in Des Moines, Iowa, totaling 1,768 square feet.

    1008 Kingman Dr, Des Moines, IA 50311
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    Des Moines Triplex Investment Opportunity
    $210,000
    1,964 SF

    Des Moines Triplex Investment Opportunity

    Prime rental property near Drake University with renewed rental license.

    1206 39Th St, Des Moines, IA 50311
    View details
    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
    View details

    Des Moines, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 287 multifamily properties for sale in Des Moines, IA, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 16,506,010 square feet of properties for sale, with an estimated market value of $308,954,190.

    Prices for multifamily properties in Des Moines, IA start at $65,000, averaging $1,806,749, and reaching up to $26,330,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Multifamily properties for Sale Near Des Moines, IA

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    Most Searched ZIP Codes in Des Moines, IA

    • 50314
    • 50311
    • 50310
    • 50315
    • 50316
    • 50312
    • 50317
    • 50320
    • 50324
    • 50308
    • 50309
    • 50313

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