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    Des Moines, IA
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    Des Moines, IA Residential Income 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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    Des Moines Duplex Investment Opportunity
    Des Moines Duplex Investment Opportunity

    612 Mckinley Avenue, Des Moines, IA 50315

    $280,000
    2,016 sqft 0.23 AC lot

    Income-generating duplex near shopping, dining, and downtown Des Moines.

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    Vacant 6-Unit Multifamily Property
    Vacant 6-Unit Multifamily Property

    1430 8th Street, Des Moines, IA 50314

    $129,000
    2,430 sqft 0.17 AC lot

    Six-unit multifamily property is fully vacant and cleared, with separate utilities already in place.

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    Des Moines Fourplex Investment Opportunity
    Des Moines Fourplex Investment Opportunity

    1148 36th Street, Des Moines, IA 50311

    $310,000
    2,509 sqft 0.34 AC lot

    Fourplex near Drake College, ideal for investors or owner-occupants.

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    Des Moines Apartment Community
    Des Moines Apartment Community

    2519 Clarkson Ave, Des Moines, IA 50310

    $2,655,000
    27,360 sqft

    45-unit apartment community with renovated units in Des Moines, Iowa.

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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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    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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    Duplex with Separate Driveways
    Duplex with Separate Driveways

    2525 51st Street, Des Moines, IA 50310

    $469,900
    4,135 sqft 0.49 AC lot

    Duplex on a nearly half-acre lot with separate driveways, updated interiors, and a detached two-car garage.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    842 16th Street, Des Moines, IA 50314

    $325,000
    3,070 sqft

    Four 1BR/1BA units feature in-unit washers/dryers and kitchenettes, with all units currently leased.

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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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    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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    Renovated 108-Unit Apartment Portfolio
    Renovated 108-Unit Apartment Portfolio

    3909 Hubbell Avenue, Des Moines, IA 50317

    $9,250,000
    89,440 sqft

    108-unit multifamily portfolio with 64% renovated two-bedroom units and approximately 96% current occupancy.

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    Turnkey Multifamily Investment
    Turnkey Multifamily Investment

    543 53rd Street, Des Moines, IA 50312

    $499,500
    4,025 sqft 0.16 AC lot

    Turnkey five-unit property with coin laundry and dedicated storage in an established residential setting.

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    Clean Duplex Investment Property
    Clean Duplex Investment Property

    4324 50th Street, Des Moines, IA 50310

    $295,000
    1,530 sqft 0.30 AC lot

    Well-kept duplex offers two 2-bedroom units, each with 1 bath and a detached 1-car garage.

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    Value-Add Multifamily Apartment Community
    Value-Add Multifamily Apartment Community

    920 Meadow Lane, Des Moines, IA 50315

    $5,900,000
    6.86 AC lot

    102-unit apartment community across multiple parcels with surface parking in Des Moines, Iowa.

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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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    Sherman Hill Multifamily Investment
    Sherman Hill Multifamily Investment

    686 19th Street, Des Moines, IA 50314

    $499,900
    5,692 sqft 0.17 AC lot

    Historic Des Moines multifamily property with immediate returns.

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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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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    823 18th St, Des Moines, IA 50314

    $429,000
    2,791 sqft

    Six-unit multifamily building with three 1-bedroom units and three studios.

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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 Duplex: Hybrid Income
    Des Moines Duplex: Hybrid Income

    6306 Urbandale Ave, Des Moines, IA 50322

    $249,000
    2,260 sqft

    Well-maintained duplex with long-term and medium-term rental income potential.

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    Income-Producing Multifamily Property in Des Moines
    Income-Producing Multifamily Property in Des Moines

    3419 1st Street, Des Moines, IA 50313

    $279,900
    3,306 sqft 0.23 AC lot

    Seven-unit multifamily property with immediate cash flow and future upside.

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    Investor-Ready Six-Unit Apartment Building
    Investor-Ready Six-Unit Apartment Building

    1424 30th St, Des Moines, IA 50311

    $340,000
    3,851 sqft

    Well-maintained multifamily asset in Des Moines' desirable Drake neighborhood.

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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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    Most Searched ZIP Codes in Des Moines, IA

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

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