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Des Moines, IA Multifamily Properties for Sale

33 results
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Des Moines Duplex with Income
$275,000
2,640 SF

Des Moines Duplex with Income

3924 E 38Th St, Des Moines, IA 50317

Duplex with move-in ready unit and long-term tenants.

  • Guaranteed rental income opportunity with the ability to live in one unit and rent out the other.
  • One unit (3926) is move‑in ready with 3 bedrooms and 2 bathrooms, a vaulted great room, and a 2‑car garage.
  • Recently installed new kitchen in the move‑in ready unit (3926).
  • The other unit (3924) is currently occupied by long‑term tenants, providing immediate income.
  • Each unit has its own garage and driveway.
Updated: Jan 16
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Well-Maintained Three-Plex in Des Moines
$220,000
2,328 SF

Well-Maintained Three-Plex in Des Moines

1349 E 12Th St, Des Moines, IA 50316

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

  • New roofing, siding, and gutters installed in 2024.
  • Three‑plex with a mix of one 3‑bedroom unit and two 1‑bedroom units.
  • Ideal for owner‑occupants or investors.
  • Strong rental potential.
  • Well‑maintained property.
Updated: Jan 15
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Des Moines Duplex: Income Potential
$219,900
1,408 SF

Des Moines Duplex: Income Potential

Well-maintained duplex with updated unit and long-term tenant.

930 Emma Ave, Des Moines, IA 50315
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Beaverdale Duplex with Updated Roof
$280,000
884 SF

Beaverdale Duplex with Updated Roof

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

3831 40Th St, Des Moines, IA 50310
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Historic Mixed-Use Property For Sale
$225,000
3,550 SF

Historic Mixed-Use Property For Sale

Unique mixed-use property with commercial space and residential apartments.

3516 SW 9Th St, Des Moines, IA 50315
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Des Moines Duplex Investment Opportunity
Pending
$260,000
936 SF

Des Moines Duplex Investment Opportunity

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

2800 54Th St, Des Moines, IA 50310
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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 For Sale
$705,000
4,140 SF

Des Moines Duplex For Sale

Duplex available as package deal with adjacent property.

1314 22Nd St, Des Moines, IA 50311
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Des Moines Duplex For Sale
$705,000
1,682 SF

Des Moines Duplex For Sale

Duplex in Des Moines, Iowa, available as package deal.

1312 22Nd St, Des Moines, IA 50311
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Renovated Fourplex Investment Opportunity
Pending
$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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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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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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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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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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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
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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
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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
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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
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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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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 16,504,964 square feet of properties for sale, with an estimated market value of $308,077,290.

Prices for multifamily properties in Des Moines, IA start at $65,000, averaging $1,801,621, 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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