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    Des Moines, IA
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    Des Moines, IA Residential Income Properties for Sale

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    109 properties
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    Four-Unit Quadplex
    Updated: Sep 1
    Four-Unit Quadplex

    1148 36th Street, Des Moines, IA 50311

    $290,000
    2,509 sqft 0.34 AC lot
    Four‑unit property with two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
    2,509 square feet on 0.34 acres
    R‑3 zoning
    Built in 1907 with wood siding and shingle/asphalt roofing
    Forced‑air natural gas heat, central air, and window units
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    Side-by-Side Quadplex Property
    Updated: Jun 10
    Side-by-Side Quadplex Property

    707 & 715 E Mckinley Avenue, Des Moines, IA 50315

    $590,000
    3,499 sqft 0.67 AC lot
    Two adjoining duplex buildings at 707 and 715 E. McKinley Avenue
    Four‑unit property with 3,499 square feet on 0.669 acres
    Finished and walkout basement areas with spacious backyards
    Garage parking and shared driveways serve the buildings
    Built in 1984; zoned N3AF
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    Updated Duplex with Outdoor Space
    Updated Duplex with Outdoor Space

    2024-2026 E Caulder Avenue, Des Moines, IA 50320

    $240,000
    928 sqft 0.17 AC lot

    Two separately entered residences include kitchens, dining areas, off-street parking, and private exterior areas.

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    See what stands out in Polk 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.

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    Side-by-Side Duplex Portfolio
    Side-by-Side Duplex Portfolio

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

    $550,000
    3,499 sqft

    Four three-bedroom units feature finished basements, walkout access, and private outdoor areas near daily amenities.

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    Updated Nine-Bedroom Duplex
    Updated Nine-Bedroom Duplex

    2525 51st Street, Des Moines, IA 50310

    $449,900
    4,135 sqft 0.49 AC lot

    Two residential units offer refreshed interiors, separate driveways, and access to a detached garage.

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    Renovated 7-Unit Brick Apartment Building
    Renovated 7-Unit Brick Apartment Building

    2447 E Walnut Street, Des Moines, IA 50317

    $395,000
    4,530 sqft 0.26 AC lot

    Seven residential units combine recent renovations with access to US-65, I-235, and nearby employment centers.

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    Two-Unit Duplex Property
    Two-Unit Duplex Property

    4011 SE 8th Street, Des Moines, IA 50315

    $249,900
    1,854 sqft 0.30 AC lot

    Residential income property with two-bedroom units, private patios, off-street parking, and main-floor laundry connections.

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    Five-Unit Victorian Apartment Building
    Five-Unit Victorian Apartment Building

    3400 Ravina Dr, Des Moines, IA 50313

    $190,000
    4,067 sqft 0.37 AC lot

    Historic converted residence with original architectural details, multiple utility meters, garages, and renovation needs.

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    Updated Duplex with Walk-Out Basement
    Updated Duplex with Walk-Out Basement

    121 E Watrous Avenue, Des Moines, IA 50315

    $275,000
    1,408 sqft 0.22 AC lot

    Ranch-style two-unit property with refreshed finishes, private yard, and public water and sewer service.

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    All-Brick Duplex With Garage
    All-Brick Duplex With Garage

    1000 Hoffman Avenue, Des Moines, IA 50316

    $280,000
    1,404 sqft 0.21 AC lot

    Two-unit residential property with finished lower-level areas, central air, and public utilities near Madison Elementary.

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    Side-by-Side Duplex Portfolio
    Side-by-Side Duplex Portfolio

    707 & 715 E Mckinley Ave, Des Moines, IA 50315

    $590,000
    3,499 sqft

    Two adjacent duplexes provide four rental units with walkout basements and spacious backyards.

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    Side-by-Side Quadplex
    Side-by-Side Quadplex

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

    $550,000
    3,499 sqft 0.28 AC lot

    Two duplex buildings provide four rental units with walkout basements, spacious backyards, and functional floor plans.

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    Five-Unit Victorian Apartment Building
    Five-Unit Victorian Apartment Building

    3400 Ravina Drive, Des Moines, IA 50313

    $190,000
    4,067 sqft 0.37 AC lot

    Historic multifamily property with preserved architectural features, multiple garages, and a mix of updated and unfinished units.

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    Updated Duplex with Two-Car Garage
    Updated Duplex with Two-Car Garage

    2525 51st St, Des Moines, IA 50310

    $449,900
    4,135 sqft

    Two separate driveways and refreshed interiors provide practical functionality across both units.

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    Furnished Owner-Unit Triplex
    Furnished Owner-Unit Triplex

    686 34th Street, Des Moines, IA 50312

    $310,000
    1,993 sqft 0.14 AC lot

    Three-unit property with updated kitchens and baths, laundry, off-street parking, and a city rental certificate in place.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    1019/1021 Kirkwood Avenue, Des Moines, IA 50315

    $175,000
    1,586 sqft 0.16 AC lot

    Updated income property with appliances included in both residences.

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    Renovated 7-Unit Apartment Building
    Renovated 7-Unit Apartment Building

    2447 E Walnut St, Des Moines, IA 50317

    $395,000
    4,530 sqft

    Brick multifamily property with recently upgraded interiors throughout all residences.

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    Side-by-Side Duplex Portfolio
    Side-by-Side Duplex Portfolio

    805 E Watrous Avenue, Des Moines, IA 50315

    $249,900
    1,854 sqft 0.18 AC lot

    Two duplex buildings offer four residential units with private patios, off-street parking, and main-floor laundry hookups.

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    Updated Duplex with Walk-Out Basement
    Updated Duplex with Walk-Out Basement

    121 E Watrous Ave, Des Moines, IA 50315

    $275,000
    1,408 sqft

    Two residential units offer low-maintenance flooring, private outdoor space, and convenient access to Des Moines amenities.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    2940 Brattleboro Avenue, Des Moines, IA 50311

    $275,000
    2,142 sqft 0.15 AC lot

    Two residences offer three bedrooms, private parking, in-unit laundry, and refreshed interior finishes.

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    Updated Duplex With Two-Car Garage
    Updated Duplex With Two-Car Garage

    1019 /1021 Kirkwood Ave, Des Moines, IA 50315

    $175,000
    1,586 sqft

    Two-unit property with included appliances, separate living arrangements, and recent major system improvements.

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    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    1161 21st Street, Des Moines, IA 50311

    $164,900
    2,214 sqft 0.15 AC lot

    Both units have long-term occupants, separate utility meters, and public water and sewer service.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    Des Moines, IA 50317

    $900,000
    11,646 sqft

    Fully occupied property with eat-in kitchens, private balconies or porches, and convenient interstate access.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1355 24th Street, Des Moines, IA 50311

    $250,000
    2,064 sqft 0.18 AC lot

    Occupied duplex near Drake University with separate layouts, in-unit laundry, and detached garage parking.

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    Des Moines, IA Residential Income Properties Market Trends and Statistics

    Explore 109 residential income properties for sale in Des Moines, IA, showcased through 109 active listings on our real estate platform. These investment opportunities span a total of 464,108 square feet of properties for sale, with an estimated market value of $38,640,649.

    Sale prices for residential income properties in Des Moines, IA start at $142,500, averaging $460,007, and reaching up to $5,500,000 — 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

    Multifamily properties 110
    Duplexes 45
    Apartment buildings 41
    Quadplexes 12
    Triplexes 5

    Demographics Overview

    Population 306K
    Population Growth (5Y) +2.6%
    Median Household Income $80,154
    College Educated 12.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50320 $236.6K
    50311 $259.5K
    50316 $293.3K
    50313 $312K
    50314 $379.2K

    Taxes & Financing

    Tax Rate (average for all types) 3.09%
    Property Tax per SF $42.10 per SF
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Polk County

    Residential Income

    Property Size Breakdown

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

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    Popular Searches in Des Moines, IA

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    Most Searched ZIP Codes in Des Moines, IA

    • 50315
    • 50311
    • 50310
    • 50314
    • 50317
    • 50312
    • 50313
    • 50316
    • 50320
    • 50309
    • 50322

    Featured Des Moines Real Estate Agencies

    Realmo connects you with licensed Des Moines CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Exit Realty Capital City
    2936 104th st Des Moines, IA 50322
    Phone: 15159914204
    www.SoldDesMoines.com

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