Triplex

Des Moines, IA Triplexes for Sale

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Urbandale, IA Windsor Heights, IA Pleasant Hill, IA West Des Moines, IA Clive, IA Ankeny, IA Altoona, IA Johnston, IA
Up-and-Down Triplex
Updated: May 18
Up-and-Down Triplex

3103 1st Street, Des Moines, IA 50313

$150,000
1,343 sqft 0.14 AC lot
Three‑unit up‑and‑down configuration
1,343 square feet on a 0.139‑acre lot
Four total bedrooms and three bathrooms
Built in 1911 with wood siding and a shingle and asphalt roof
Forced‑air natural gas heating and central air conditioning
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Renovated Triplex Near Drake
Updated: Aug 8
Renovated Triplex Near Drake

1112 27th St, Des Moines, IA 50311

$300,000
1,900 sqft
Triplex with 1,900 square feet of property size
Renovations completed within 5 years
Updated roof, A/C, windows, vinyl siding, and LVP flooring
Updated kitchens and appliances
Basement includes egress windows
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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.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Triplex with Flexible Commercial Space
Triplex with Flexible Commercial Space

1422 1St Avenue E, Newton, IA 50208

$294,900
3,649 sqft 0.71 AC lot

Three separately entered units include residential layouts and a flexible commercial area.

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Triplex with Flexible Commercial Space
Triplex with Flexible Commercial Space

1422 1st Ave E, Newton, IA 50208

$294,900
6,130 sqft

Three individually accessed units combine residential layouts with adaptable storefront or office use and separately metered utilities.

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Triplex with Detached Garage
Triplex with Detached Garage

527 Boone Street, Boone, IA 50036

$195,000
2,024 sqft 0.14 AC lot

Three-unit property with central air, basement laundry, updated exterior components, and off-street parking.

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Triplex with Detached Garage
Triplex with Detached Garage

527 Boone St, Boone, IA 50036

$195,000
2,024 sqft

Three-unit property with central air, updated exterior components, basement laundry, and off-street parking near downtown.

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Des Moines, IA Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Des Moines, IA on our real estate platform. These investment opportunities span a total of 3,243 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for three-family homes in Des Moines, IA start at $150,000, averaging $225,000, 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 49
Apartment buildings 33
Quadplexes 12
Triplexes 3
Mobile home & RV parks 2

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
50311 $300K
50312 $304K

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 Residential Income pricing trends 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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