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    Des Moines, IA Residential Income Properties for Sale

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    8-Unit Apartment Building
    8-Unit Apartment Building

    3274 E. EUCLID AVE., Des Moines, IA 50317

    Contact for pricing
    5,568 sqft

    Updated interiors and individual exterior entrances serve all eight units.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    1438 33rd St, Des Moines, IA 50311

    $190,000
    1,951 sqft

    Vacant four-unit configuration includes two one-bedroom apartments and two efficiency units near Drake University.

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

    920 Meadow Lane, Des Moines, IA 50315

    $5,500,000
    6.86 AC lot

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

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    Renovated Triplex Near Drake
    Renovated Triplex Near Drake

    1112 27th St, Des Moines, IA 50311

    $300,000
    1,900 sqft

    Recent building improvements include updated kitchens, appliances, windows, siding, flooring, roof, and air conditioning.

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    Renovated 12-Unit Multifamily Property
    Renovated 12-Unit Multifamily Property

    2411 WELBECK RD, Des Moines, IA 50310

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    8,784 sqft

    Twelve fully renovated 2-bedroom units are offered with residential utility bill-back in place.

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    Remodeled 24-Unit Apartment Building
    Remodeled 24-Unit Apartment Building

    4221 SE 13th Street, Des Moines, IA 50315

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    14,256 sqft 0.65 AC lot

    Three-story walk-up with 24 one-bedroom units, individually metered electric, and on-site surface parking.

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    Renovated Duplex with Detached Garage
    Renovated Duplex with Detached Garage

    2300 Dean Ave, Des Moines, IA 50317

    $179,900
    864 sqft

    Two updated one-bedroom units include flexible lower-level space and hookups for in-unit laundry.

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    Value-Add Multifamily Apartment Building
    Value-Add Multifamily Apartment Building

    3710 56TH ST, Des Moines, IA 50310

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    23,184 sqft

    29-unit apartment building offers studio through two-bedroom layouts, including a premium 2BR/2BA unit.

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    Quadplex Portfolio with Duplex
    Quadplex Portfolio with Duplex

    1118 26th St, Des Moines, IA 50311

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    6,111 sqft

    Two historic multifamily buildings provide varied unit configurations and in-unit laundry near the Drake campus.

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    Boutique Apartment Building with One-Bedrooms
    Boutique Apartment Building with One-Bedrooms

    421 College Ave, Des Moines, IA 50314

    $1,675,000

    Multi-family community with one-bedroom apartments and immediate access to I-235 and I-80.

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    Renovated 34-Unit Apartment Building
    Renovated 34-Unit Apartment Building

    2525 Clarkson Ave, Des Moines, IA 50310

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    24,960 sqft

    34-unit apartment community offering studios and one- and two-bedroom units, with nearly all units recently renovated.

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    Mixed-Use Property with In-Unit Laundry
    Mixed-Use Property with In-Unit Laundry

    1729 Grand Ave, Des Moines, IA 50309

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    26,816 sqft

    The property pairs original architectural details with updated systems, kitchens, and in-unit laundry.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    823 18th St, Des Moines, IA 50314

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    2,791 sqft

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

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    11-Unit Apartment Building
    11-Unit Apartment Building

    4671 Northwest 50th Street, Des Moines, IA 50310

    $675,000

    Well-kept 11-unit apartment building built in 1969 and renovated in 2025 with individual heating and central A/C.

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    Brick Duplex with Detached Garage
    Brick Duplex with Detached Garage

    Des Moines, IA 50315

    $320,000

    Two-unit property with one vacant residence and one tenant-occupied unit.

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    Duplex with Attached Garage
    Duplex with Attached Garage

    Des Moines, IA 50310

    $255,000

    Two distinct units include different layouts, attached parking, and current occupancy with management already in place.

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    Two-Unit Duplex Investment Property
    Two-Unit Duplex Investment Property

    Des Moines, IA 50317

    $230,000

    Two matching residences offer separate utilities and a practical two-level floor plan for residential income use.

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    Renovated Quadplex Near Drake
    Renovated Quadplex Near Drake

    Des Moines, IA 50311

    $405,000

    Four occupied apartments with updated building systems, coin-operated laundry, security, and tenant parking near Drake University.

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    Mixed-Use Restaurant With Apartment
    Mixed-Use Restaurant With Apartment

    1850 Easton Boulevard, Des Moines, IA 50316

    $190,000
    1,168 sqft

    Restaurant space with food-service equipment and an upstairs residence supported by a current rental certificate.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    842 16th Street, Des Moines, IA 50314

    Contact for pricing
    3,070 sqft

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

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    4-Unit Quadplex Near Drake University
    4-Unit Quadplex Near Drake University

    Des Moines, IA 50311

    $285,000

    Occupied multifamily property with separately metered tenant utilities and owner-paid water service.

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    Des Moines Multifamily Residential Property
    Des Moines Multifamily Residential Property

    612 Bancroft Street, Des Moines, IA 50315

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    Multifamily property near parks and Des Moines attractions.

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    Des Moines Multifamily Investment Opportunity
    Des Moines Multifamily Investment Opportunity

    530 E Kenyon Ave, Des Moines, IA 50315

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    Multifamily property in Des Moines, Iowa. Due diligence available.

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    Most Searched ZIP Codes in Des Moines, IA

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

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