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    Des Moines, IA Triplexes for Sale

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    Urbandale, IA Windsor Heights, IA Pleasant Hill, IA
    Updated Triplex in Des Moines
    $275,000
    2,013 SF

    Updated Triplex in Des Moines

    900 Morton Avenue, Des Moines, IA 50316

    Turnkey investment property with updated units and cash-flow potential.

    • Turnkey investment property with extensive updates to kitchens, bathrooms, flooring, paint, siding, and roof.
    • Strong income potential with a 3‑unit configuration: two 2‑bedroom units and one 1‑bedroom unit.
    • Ideal for owner‑occupants looking to house hack, with the ability to live in one unit and rent out the others.
    • Current rental certificate in place, allowing for immediate income generation.
    • Includes a duplex and a separate single‑family home, offering a versatile property layout.
    Updated: Apr 30
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    Well-Maintained Three-Plex in Des Moines
    $220,000
    2,328 SF

    Well-Maintained Three-Plex in Des Moines

    1349 E 12 Street, Des Moines, IA 50316

    Updated three-plex with strong rental potential, ideal for investors.

    • New roofing, siding, and gutters installed in 2024.
    • Three‑plex with a mix of one 3‑bedroom unit and two 1‑bedroom units.
    • Ideal for owner‑occupants or investors.
    • Strong rental potential.
    • Well‑maintained property.
    Updated: Dec 22, 2025
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    Des Moines Triplex Investment Opportunity
    $180,000
    1,964 SF

    Des Moines Triplex Investment Opportunity

    Prime rental property near Drake University with renewed rental license.

    1206 39th Street, Des Moines, IA 50311
    View details
    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.

    Fairfield Triplex Near Campus
    $169,000
    3,276 SF

    Fairfield Triplex Near Campus

    Triplex near campus with income potential and separate utilities.

    500 N Main Street, Fairfield, IA 52556
    View details
    Grinnell Triplex with Income Potential
    $299,000
    2,891 SF

    Grinnell Triplex with Income Potential

    Three-unit property in Grinnell, ideal for investors or owner-occupants.

    1221 Main Street, Grinnell, IA 50112
    View details
    Grinnell Triplex Investment Opportunity
    $138,000
    2,435 SF

    Grinnell Triplex Investment Opportunity

    Triplex near downtown Grinnell and college, great investment potential.

    1604 5th Avenue, Grinnell, IA 50112
    View details
    Fairfield Tri-Plex Apartment Conversion
    $219,000
    2,325 SF

    Fairfield Tri-Plex Apartment Conversion

    Tri-Plex with strong rental history and great income potential.

    200 E Briggs Avenue, Fairfield, IA 52556
    View details

    Des Moines, IA Triplexes Investment Opportunities Market Analysis

    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 6,305 square feet of properties for sale, with an estimated market value of $675,000.

    Sale prices for three-family homes in Des Moines, IA start at $180,000, averaging $225,000, and reaching up to $275,000 — 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

    Apartment buildings 23
    Duplexes 17
    Quadplexes 5
    Triplexes 3
    Short term rental properties 2

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    50311 $200K
    50316 $247.5K

    Taxes & Financing

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

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    Most Searched ZIP Codes in Des Moines, IA

    • 50316
    • 50311

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