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

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    Des Moines, IA Clive, IA Pleasant Hill, IA Windsor Heights, IA Urbandale, IA Johnston, IA Norwalk, IA Grimes, IA
    8 properties
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    Vintage Short-Term Rental with Offices
    Updated: May 2, 2025
    Vintage Short-Term Rental with Offices

    324 1st Street, West Des Moines, IA 50265

    $575,000
    0.44 AC lot
    Four‑bedroom home currently operated as a VRBO
    Separate back building with three office suites
    22 x 24 outbuilding for storage or workshop use
    15 private off‑street parking spaces plus on‑street parking
    VJC zoning with conditional CZ3 zoning
    View details
    Two-Unit Duplex with Private Entrances
    Updated: Aug 17
    Two-Unit Duplex with Private Entrances

    608 /610 5th St Unit 2, West Des Moines, IA 50265

    $245,000
    2,268 sqft
    Two‑unit duplex with one bedroom and one bathroom in each unit
    Private entrance provided for each residential unit
    Shared basement includes a washer and dryer
    Updated kitchens with dishwasher and over‑the‑range microwave
    Ceramic‑tiled bathrooms with tub and shower
    View details
    Renovated Duplex with Private Entrances
    Renovated Duplex with Private Entrances

    232 /234 8th St Unit 2, West Des Moines, IA 50265

    $240,000
    1,144 sqft

    Two-unit residential income property with updated kitchens, refreshed bathrooms, and shared basement laundry facilities.

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    See what stands out in Warren County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Renovated Duplex with Private Entrances
    Renovated Duplex with Private Entrances

    525 /527 6th St Unit 2, West Des Moines, IA 50265

    $245,000
    1,528 sqft

    Two residential units feature updated kitchens, remodeled bathrooms, and shared basement laundry facilities.

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    Updated Duplex with Private Entrances
    Updated Duplex with Private Entrances

    529 /531 6th St Unit 2, West Des Moines, IA 50265

    $245,000
    1,890 sqft

    Two rental units offer refreshed kitchens, updated bathrooms, and shared basement laundry.

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    12-Unit Townhome Apartment Community
    12-Unit Townhome Apartment Community

    334-358 Harmony Avenue, West Des Moines, IA 50266

    $1,164,000
    7,372 sqft

    Three fourplex buildings offer contemporary townhomes with finished lower levels and upgraded interior finishes.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Modern Quadplex Townhome Community
    Modern Quadplex Townhome Community

    9143-9125 Calvin Dr, West Des Moines, IA

    $1,176,000
    7,372 sqft

    Three newly constructed buildings offer open-plan townhomes with contemporary finishes and finished lower-level flexibility.

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    Modern Townhome Community in Iowa
    Modern Townhome Community in Iowa

    302-358 Harmony Ave, West Des Moines, IA, West Des Moines, IA 50266

    Contact for pricing

    New 12-unit townhome community with modern amenities.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in West Des Moines, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic 8-Unit Apartment Building
    Historic 8-Unit Apartment Building

    Des Moines, IA 50312

    $1,000,000
    10,653 sqft

    Updated units, a new boiler, and a mix of one- and two-bedroom layouts distinguish this historic multifamily property.

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    CommercialSale, Des Moines, IA
    CommercialSale, Des Moines, IA

    4880 Ingersoll Avenue, Des Moines, IA 50312

    $1,900,000
    0.06 AC lot

    Multifamily properties · 0.06 Acres

    View details
    4-Unit Property with Garage
    4-Unit Property with Garage

    8717 Urbandale Ave, Urbandale, IA 50322

    $300,000

    Four residential units offer varied layouts, shared laundry, substantial parking, and open outdoor space in Urbandale.

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    Apartment Building with Residence
    Apartment Building with Residence

    2221 63rd St, Des Moines, IA 50322

    Contact for pricing

    Multifamily asset combining apartment units with a separate single-family residence.

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    Off-Market Properties in West Des Moines, IA

    Consider similar Off-Market properties in West Des Moines, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    530 19th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    530 19th St, West Des Moines, IA 50265-5504

    $400,000
    Estimated value
    4,052 sqft 0.28 AC lot
    View details
    210 41st St
    APARTMENT HOUSE (5+ UNITS)

    210 41st St, West Des Moines, IA 50265-5573

    $1,980,000
    Estimated value
    33,048 sqft 6.27 AC lot
    View details
    210 41st St
    APARTMENT HOUSE (5+ UNITS)

    210 41st St, West Des Moines, IA 50265-5573

    $2,005,000
    Estimated value
    33,048 sqft 6.32 AC lot
    View details
    484 19th St
    APARTMENT HOUSE (5+ UNITS)

    484 19th St, West Des Moines, IA 50265-5643

    $710,000
    Estimated value
    8,312 sqft 0.53 AC lot
    View details
    1225 11th St
    APARTMENT HOUSE (5+ UNITS)

    1225 11th St, West Des Moines, IA 50265-2536

    $21,780,000
    Estimated value
    57,645 sqft 13.18 AC lot
    View details
    1301 49th St
    APARTMENT HOUSE (5+ UNITS)

    1301 49th St, West Des Moines, IA 50266-5448

    $1,680,000
    Estimated value
    27,864 sqft 1.75 AC lot
    View details
    2000 Westown Pkwy
    APARTMENT HOUSE (5+ UNITS)

    2000 Westown Pkwy, West Des Moines, IA 50265-1538

    $2,750,000
    Estimated value
    27,561 sqft 9.16 AC lot
    View details
    4700 Ep True Pkwy
    APARTMENT HOUSE (5+ UNITS)

    4700 Ep True Pkwy, West Des Moines, IA 50265-6486

    $1,830,000
    Estimated value
    13,587 sqft 26.38 AC lot
    View details
    909 Ashworth Rd
    APARTMENT HOUSE (5+ UNITS)

    909 Ashworth Rd, West Des Moines, IA 50265-3621

    $17,370,000
    Estimated value
    56,858 sqft 9.38 AC lot
    View details
    2000 Grand Ave
    MOBILE HOME PARK, TRAILER PARK

    2000 Grand Ave, West Des Moines, IA 50265-4301

    $13,435,000
    Estimated value
    1,680 sqft 29.58 AC lot
    View details
    4101 Woodland Plz
    APARTMENT HOUSE (5+ UNITS)

    4101 Woodland Plz, West Des Moines, IA 50266-1850

    $1,810,000
    Estimated value
    16,440 sqft 18.33 AC lot
    View details
    480 19th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    480 19th St, West Des Moines, IA 50265-5503

    $320,000
    Estimated value
    3,024 sqft 0.26 AC lot
    View details
    210 Pr Vw Dr
    APARTMENT HOUSE (5+ UNITS)

    210 Pr Vw Dr, West Des Moines, IA 50266-6916

    $27,445,000
    Estimated value
    3,745 sqft 16.31 AC lot
    View details
    2625 Vine St
    APARTMENT HOUSE (5+ UNITS)

    2625 Vine St, West Des Moines, IA 50265-3286

    $6,505,000
    Estimated value
    12,882 sqft 7.03 AC lot
    View details
    540 19th St
    APARTMENT HOUSE (5+ UNITS)

    540 19th St, West Des Moines, IA 50265-5547

    $370,000
    Estimated value
    4,986 sqft 0.44 AC lot
    View details
    556 16th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    556 16th St, West Des Moines, IA 50265-4311

    $205,000
    Estimated value
    3,120 sqft 0.28 AC lot
    View details

    West Des Moines, IA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in West Des Moines, IA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 21,574 square feet of properties for sale, with an estimated market value of $3,890,000.

    Sale prices for multifamily properties in West Des Moines, IA start at $240,000, averaging $555,714, and reaching up to $1,176,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 6
    Duplexes 4
    Quadplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 72K
    Population Growth (5Y) +22.9%
    Median Household Income $86,414
    College Educated 52.3%

    High-Yield Neighborhoods for Investment

    Identify West Des Moines submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50265 $310K
    50266 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.31%
    Property Tax per SF $22.49 per SF
    Tax Rate vs County Average 0.30 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Warren County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in West Des Moines fall within the 100,000+ square foot range.

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    • 50265
    • 50266

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