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    Des Moines, IA Sioux City, IA Cedar Rapids, IA Waterloo, IA Dubuque, IA Iowa City, IA Ankeny, IA Cedar Falls, IA
    Des Moines Fourplex Investment Opportunity
    Updated: Jan 26
    Des Moines Fourplex Investment Opportunity

    1148 36th Street, Des Moines, IA 50311

    $310,000
    2,509 sqft 0.34 AC lot
    High Gross Annual Income: $49,800/year gross income before expenses.
    Prime Location: Walking distance to Drake college.
    Investment Opportunity: Solid real estate investment as a 4plex.
    Unit Mix: Features a mix of (2) 2‑bed, 1‑bath units and (2) 1‑bed, 1‑bath units.
    House Hack Potential: Suitable for owner‑occupancy with a low down payment (3‑5%).
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    This listing looks promising.

    Here's a quick look at some key insights for

    1148 36th Street, Des Moines, IA 50311

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $334K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1907
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    Duplex Portfolio with Four Units
    Updated: Jun 9
    Duplex Portfolio with Four Units

    801 & 807 E Mckinley Avenue, Des Moines, IA 50315

    $550,000
    3,499 sqft 0.28 AC lot
    Two duplexes side by side at 801 & 807 E. McKinley Ave. (4 total units).
    Combined gross monthly income for both duplexes is $4,830.
    All four units are 3‑bedroom units with additional finished basement square footage.
    Tenants pay utilities including water, sewer, storm water, gas, electric, plus lawn care and snow removal.
    Water source is public and sewer is public sewer.
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    Altoona Four Unit Multifamily House
    Altoona Four Unit Multifamily House

    202 3rd Street SE, Altoona, IA 50009

    $350,000
    1,690 sqft 0.20 AC lot

    Four-unit house near downtown Altoona with long-term tenants.

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    Des Moines Fourplex Investment Opportunity
    Des Moines Fourplex Investment Opportunity

    708 Wall Avenue, Des Moines, IA 50315

    $167,000
    1,872 sqft 0.20 AC lot

    Southside Des Moines fourplex ready for completion.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 5 Active listings in Polk County, IA, we suggest exploring several alternatives:

    Polk County, IA Quadplexes Market Trends and Statistics

    Explore 5 quadplexes for sale in Polk County, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,579 square feet of properties for sale, with an estimated market value of $1,476,000.

    Sale prices for four-unit buildings in Polk County, IA start at $99,000, averaging $295,200, and reaching up to $550,000 — 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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