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    Des Moines, IA
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    Des Moines, IA Multifamily Properties for Sale

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    Well-Maintained Three-Plex in Des Moines
    Well-Maintained Three-Plex in Des Moines

    1349 E 12 Street, Des Moines, IA 50316

    $220,000
    2,328 sqft 0.17 AC lot

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

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    This listing looks promising.

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    1349 E 12 Street, Des Moines, IA 50316

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $277K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1890
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    Ranch Duplex with Private Deck
    Ranch Duplex with Private Deck

    1242 Mckinley Avenue, Des Moines, IA 50315

    $229,000
    1,513 sqft 0.20 AC lot

    Updated duplex with two units, four bedrooms total, and separate upper access with a private deck.

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    Des Moines Duplex: Income Potential
    Des Moines Duplex: Income Potential

    1022 Mckinley Avenue, Des Moines, IA 50315

    $275,000
    1,944 sqft 0.24 AC lot

    Well-located duplex in Des Moines with immediate income potential.

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    Converted Victorian Five-Unit Property
    Converted Victorian Five-Unit Property

    3400 Ravina Drive, Des Moines, IA 50313

    $210,000
    4,067 sqft 0.37 AC lot

    Five-unit multifamily built in 1897 with preserved Victorian character, attached and detached garages, and laundry hookups.

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    Renovated Multifamily Near Drake University
    Renovated Multifamily Near Drake University

    1137 26th Street, Des Moines, IA 50311

    $637,480

    Renovated 12-unit multifamily property near Drake University and Downtown.

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    Updated Triplex in Des Moines
    Updated Triplex in Des Moines

    900 Morton Avenue, Des Moines, IA 50316

    $275,000
    2,013 sqft 0.15 AC lot

    Turnkey investment property with updated units and cash-flow potential.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    1319 39th Street, Des Moines, IA 50311

    $319,900
    1,972 sqft 0.16 AC lot

    A two-story home with a separate studio apartment entrance offers flexible rental or in-law living arrangements.

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    Fully Vacant 6-Unit Multifamily
    Fully Vacant 6-Unit Multifamily

    1430 8th Street, Des Moines, IA 50314

    $139,000
    2,430 sqft 0.17 AC lot

    Six-unit apartment building with all units cleared and ready for renovation and re-lease planning.

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    Des Moines Multifamily Opportunity
    Des Moines Multifamily Opportunity

    2733 Boston Ave, Des Moines, IA 50310

    $1,750,000

    Multifamily property for sale in Des Moines, Iowa.

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    Des Moines Multifamily Investment Opportunity
    Des Moines Multifamily Investment Opportunity

    401 Franklin Avenue, Des Moines, IA 50314

    $200,000
    2,381 sqft 0.19 AC lot

    Two-unit property with rental income potential in developing Des Moines area.

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    Historic 3-Unit Income Property
    Historic 3-Unit Income Property

    672 19th Street, Des Moines, IA 50314

    $149,000
    4,737 sqft 0.17 AC lot

    Historic 3-plex built in the early 1900s, with a newer TPO roof and interior demolition ready for restoration.

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    Des Moines Multifamily Investment Opportunity
    Des Moines Multifamily Investment Opportunity

    530 E Kenyon Ave, Des Moines, IA 50315

    $9,790,000

    Multifamily property in Des Moines, Iowa. Due diligence available.

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    Income Property Near Drake University
    Income Property Near Drake University

    1175 21st Street, Des Moines, IA 50311

    $210,000
    1,568 sqft 0.21 AC lot

    Spacious duplex near Drake University with strong rental potential.

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    Triplex with Central Foyer Access
    Triplex with Central Foyer Access

    1047 Martin Luther King Jr Parkway, Des Moines, IA 50314

    $150,000
    2,084 sqft 0.14 AC lot

    Three residential units share a central interior foyer for convenient, efficient access.

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    Des Moines Multifamily Residential Property
    Des Moines Multifamily Residential Property

    612 Bancroft Street, Des Moines, IA 50315

    Contact for pricing

    Multifamily property near parks and Des Moines attractions.

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    Income-Producing Multi-Family Property
    Income-Producing Multi-Family Property

    717 Franklin Avenue, Des Moines, IA 50314

    $269,000
    4,233 sqft 0.30 AC lot

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

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    Income-Producing Multifamily Property
    Income-Producing Multifamily Property

    717 Franklin Avenue, Des Moines, IA 50314

    $269,000
    4,233 sqft 0.30 AC lot

    Six-unit multifamily property with income potential in Des Moines.

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    Up-Down Duplex With Rental Certificate
    Up-Down Duplex With Rental Certificate

    320 E Hughes Avenue, Des Moines, IA 50315

    $250,000
    936 sqft 0.26 AC lot

    Up-down duplex with two occupied units and a valid rental certificate on a large residential lot.

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    Multifamily Property Near Drake University
    Multifamily Property Near Drake University

    2303 Carpenter Avenue, Des Moines, IA 50311

    $225,000
    2,734 sqft 0.15 AC lot

    Multifamily property near Drake University with high cap rate potential.

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    Duplex Investment Opportunity
    Duplex Investment Opportunity

    3509/3511 Keyes Drive, Des Moines, IA 50315

    $279,000
    1,600 sqft 0.19 AC lot

    Two-unit duplex with separate residences at 3509 and 3511 Keyes Drive in Des Moines, IA 50315.

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    Duplex Investment Opportunity
    Duplex Investment Opportunity

    3509/3511 Keyes Drive, Des Moines, IA 50315

    $279,000
    1,600 sqft 0.19 AC lot

    Two separate residential units offer an investor-ready structure for renovation, repositioning, or portfolio expansion.

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    Three-Unit Up/Down Triplex
    Three-Unit Up/Down Triplex

    3103 1st Street, Des Moines, IA 50313

    $150,000
    1,343 sqft 0.14 AC lot

    Income-producing up/down triplex with three units, four bedrooms, and three bathrooms.

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    Multifamily Property in Drake Area
    Multifamily Property in Drake Area

    2936 Brattleboro Avenue, Des Moines, IA 50311

    $330,000
    2,522 sqft 0.23 AC lot

    Five-unit building with income potential in Des Moines, Iowa.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    1358 22nd Street, Des Moines, IA 50311

    $99,000
    2,009 sqft 0.21 AC lot

    Four separate apartment units near Drake University, offering an investor-friendly renovation opportunity.

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    Most Searched ZIP Codes in Des Moines, IA

    • 50315
    • 50311
    • 50314
    • 50310
    • 50313
    • 50316
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    • 50322

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