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    Des Moines, IA
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    Des Moines, IA Triplexes for Sale

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    Historic Triplex Ready for Restoration
    Updated: Dec 1, 2025
    Historic Triplex Ready for Restoration

    672 19th Street, Des Moines, IA 50314

    $149,000
    4,737 sqft 0.17 AC lot
    4,737‑square‑foot triplex on a 0.172‑acre parcel
    Three 1,400‑square‑foot apartments, each with two bedrooms
    Built in 1914 with hardwood flooring, original tile, fire boxes, and chimney
    Main building has a commercial TPO roof installed by the prior owner
    Interior is largely demolished; rear addition has fire damage requiring repair
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    Renovated Triplex Near Drake
    Updated: Jun 26
    Renovated Triplex Near Drake

    1112 27th Street, Des Moines, IA 50311

    $300,000
    1,900 sqft 0.13 AC lot
    Triplex with 1,900 square feet and three bedrooms
    Located 1 block from Drake in Des Moines
    Major updates completed within 5 years, including roof, A/C, windows, siding, and flooring
    Updated kitchens with microwave, refrigerator, and stove
    Basement with egress windows
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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Des Moines, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Occupied Triplex with Separate Meters
    Fully Occupied Triplex with Separate Meters

    415 E Main Street, Montezuma, IA 50171

    $189,000
    2,798 sqft 0.20 AC lot

    Fully occupied triplex with separate electric meters, HVAC, and laundry hookups, zoned Business/Commercial.

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    Triplex with Basement and Garage Apartments
    Triplex with Basement and Garage Apartments

    1221 Main Street, Grinnell, IA 50112

    $299,000
    2,891 sqft 0.28 AC lot

    Triplex features a main house plus a one-bedroom basement unit and a one-bedroom garage apartment.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    1604 5th Avenue, Grinnell, IA 50112

    $133,500
    2,435 sqft 0.35 AC lot

    Vacant income property with one apartment on each floor and off-street parking.

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    Updated Fully Occupied Triplex
    Updated Fully Occupied Triplex

    415 E Main St, Montezuma, IA 50171

    $189,000
    2,798 sqft

    Three separately metered units offer individual HVAC systems, kitchens, full baths, and laundry hookups.

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    Des Moines, IA Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Des Moines, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,537 square feet of properties for sale, with an estimated market value of $749,000.

    Sale prices for three-family homes in Des Moines, IA start at $149,000, averaging $249,666, and reaching up to $300,000 — 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

    Duplexes 41
    Apartment buildings 39
    Quadplexes 8
    Triplexes 3
    Mobile home & RV parks 1

    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
    50314 $149.5K
    50313 $150K
    50316 $240K
    50311 $300K

    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

    • 50311
    • 50313
    • 50314
    • 50316

    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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