Residential Income

Des Moines, IA Residential Income Properties for Sale

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Four-Unit Apartment Building
Four-Unit Apartment Building

1325 6th Ave, Des Moines, IA 50314

$145,000
2,167 sqft

Updated electrical service gives each apartment independent thermostat control within a certified rental property.

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Two-Unit Duplex with Finished Attic
Two-Unit Duplex with Finished Attic

1161 21st St, Des Moines, IA 50311

$164,900
2,214 sqft

Occupied duplex with separately metered utilities and an additional finished attic area in one unit.

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Six-Unit Apartment Building
Six-Unit Apartment Building

717 Franklin Ave, Des Moines, IA 50314

$269,000
4,233 sqft

Fully leased property with basement storage and a large on-site parking area.

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See hot listings in Des Moines

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Multifamily Property Near Ingersoll Avenue
Multifamily Property Near Ingersoll Avenue

2901 High St, Des Moines, IA 50312

$375,000
3,694 sqft

Apartment building near Ingersoll Avenue with walkable access to restaurants, coffee shops, local businesses, and entertainment.

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5-Unit Apartment Building
5-Unit Apartment Building

1439 Henderson Ave, Des Moines, IA 50316

$339,900
3,510 sqft

Fully occupied apartment property with two-bedroom units, off-street parking, and access to downtown amenities and major roadways.

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Walkout Duplex with Basement 1/2 Bath
Walkout Duplex with Basement 1/2 Bath

612 McKinley Ave, Des Moines, IA 50315

$280,000
2,016 sqft

Well-sized 3-bedroom, 1.5-bath walkout duplex with two rented units and multiple recent updates.

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36-Unit Apartment Building
36-Unit Apartment Building

1201 East Bell Avenue, Des Moines, IA 50315

$2,146,697
25,323 sqft

The 1997 property offers a varied mix of one-, two-, and three-bedroom residences.

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Four-Unit Walkable Quadplex
Four-Unit Walkable Quadplex

2905 High St, Des Moines, IA 50312

$370,000
3,374 sqft

Established multifamily property near restaurants, coffee shops, breweries, and everyday neighborhood conveniences.

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12-Unit Apartment Building
12-Unit Apartment Building

1195 Northwest Aurora Avenue, Des Moines, IA 50313

$672,043
15,844 sqft

Multifamily property with consistent two-bedroom, one-bath unit layouts.

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Updated Walkout Duplex
Updated Walkout Duplex

815 E McKinley Ave, Des Moines, IA 50315

$290,000
1,856 sqft

Two rented units with tenant-paid utilities, recent major-system updates, and a rental certificate valid through August 10, 2027.

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Updated 5-Unit Apartment Building
Updated 5-Unit Apartment Building

2931 Kingman Blvd, Des Moines, IA 50311

$360,000
3,367 sqft

Updated interiors, separately metered electrical service, and assigned off-street parking support the five-unit configuration.

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6-Unit Apartment Building
6-Unit Apartment Building

1072 27th St, Des Moines, IA 50311

$270,000
2,769 sqft

Six-unit multifamily property with one residence under renovation and the remaining units occupied.

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Small Multifamily Investment
Small Multifamily Investment

2303 Carpenter Ave, Des Moines, IA 50311

$225,000
2,734 sqft

Five-unit multifamily property located just blocks from Drake University.

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Apartment Building With Historic Character
Apartment Building With Historic Character

612 29th St, Des Moines, IA 50312

$370,000
3,670 sqft

Multifamily asset near walkable retail, dining, coffee, shopping, and downtown amenities.

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Brick Duplex with Off-Street Parking
Brick Duplex with Off-Street Parking

3920-3922 E 38th St, Des Moines, IA 50317

$240,000
1,536 sqft

Tenant-occupied duplex with two separate living spaces, private kitchens, and access to city utilities.

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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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Duplex With Off-Street Parking
Duplex With Off-Street Parking

3905 8th St, Des Moines, IA 50313

$164,900
1,214 sqft

Two one-bedroom units offer flexibility for owner occupancy or rental use.

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4-Unit Quadplex with Central Air
4-Unit Quadplex with Central Air

1372 E 12th St, Des Moines, IA 50316

$410,000
9,700 sqft

Four three-bedroom apartments include vacant lower-level units and occupied upper-level units under month-to-month leases.

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Occupied Two-Unit Duplex
Occupied Two-Unit Duplex

1355 24th St, Des Moines, IA 50311

$250,000
2,064 sqft

Two occupied units offer separate layouts and individual laundry setups.

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Duplex with Finished Attic
Duplex with Finished Attic

1175 21st St, Des Moines, IA 50311

$199,900
1,842 sqft

Both residences have basement laundry access, with additional laundry hookups upstairs.

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

1250 9th St, Des Moines, IA 50314

$230,000
2,504 sqft

Historic-area duplex with separately metered utilities and laundry facilities serving both residences.

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Up-Down Duplex with Detached Garage
Up-Down Duplex with Detached Garage

4004 Cornell St, Des Moines, IA 50313

$260,000
2,083 sqft

Two residential units have separate driveways and distinct private outdoor areas.

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Updated Duplex with Outdoor Space
Updated Duplex with Outdoor Space

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

$240,000
928 sqft

Two residential units offer separate entrances, private outdoor areas, and off-street parking.

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Duplex with Updated Kitchens
Duplex with Updated Kitchens

4703 Valdez Dr, Des Moines, IA 50310

$280,000
1,562 sqft

Recent kitchen improvements are present in both residences.

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