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    Des Moines, IA Residential Income Properties for Sale

    36 results
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    Revitalization Opportunity Near Drake University
    Pending
    $250,000
    3,067 SF

    Revitalization Opportunity Near Drake University

    3101 Cottage Grove Ave, Des Moines, IA 50311

    Seven-unit building suitable for conversion or multifamily use.

    • Prime location steps from Drake University in a revitalizing neighborhood.
    • Eligible for InvestDSM grants, reimbursements, and low‑interest rehab loans, plus NFC Advantage Lending benefits.
    • Opportunity to convert a 7‑unit building back to a stately single‑family home.
    • Significant value growth potential due to historic preservation efforts and new local businesses.
    • Ideal for a top‑tier single‑family redesign.
    Updated: Jan 21
    View details
    Turnkey Duplex with Income Potential
    $330,000
    1,768 SF

    Turnkey Duplex with Income Potential

    1008 Kingman Dr, Des Moines, IA 50311

    Des Moines duplex: two units, spacious bedrooms, finished basements.

    • Turnkey duplex providing immediate income potential.
    • Two spacious bedrooms and one full bathroom in each unit.
    • Partially finished basements in both units offer added value.
    • Low‑maintenance property ideal for investors.
    • Cash‑flow‑ready property.
    Updated: Jan 21
    View details
    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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    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 Duplex with Income
    $275,000
    2,640 SF

    Des Moines Duplex with Income

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

    3924 E 38Th St, Des Moines, IA 50317
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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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    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
    View details
    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
    View details
    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
    View details
    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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    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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    Spacious Condo in Sherman Hill
    $199,900

    Spacious Condo in Sherman Hill

    One bedroom condo with private entrance and attached garage.

    714 15Th St, Des Moines, IA 50314
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    Restored Farmhouse Near Downtown Des Moines
    $535,000
    1,520 SF

    Restored Farmhouse Near Downtown Des Moines

    Restored 1930s farmhouse on 1.7 acres near downtown Des Moines.

    6065 NW 6Th Dr, Des Moines, IA 50313
    View details

    Des Moines, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 290 residential income properties for sale in Des Moines, IA, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 18,712,411 square feet of properties for sale, with an estimated market value of $310,644,290.

    Prices for residential income properties in Des Moines, IA start at $65,000, averaging $1,806,071, 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 Residential income properties for Sale Near Des Moines, IA

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    Most Searched ZIP Codes in Des Moines, IA

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

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