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Des Moines Income and Investment Property

Are you interested in buying or selling Des Moines area income and investment property?

Matt Grohe, REALTOR® Can Assist You With Your Des Moines area multi-family property purchase


MULTI-FAMILY

These properties fall into three general types:

Divided Single Family
Duplexes, Triplexes
Complexes

Divided single family homes or Conversions are usually larger, older homes that have been sub-divided into individual apartments but may have some shared services and facilities. There are a number of these properties in central Des Moines.

Duplexes & Triplexes are generally built to operate as two or three separate homes with shared walls.

Complexes are usually four units and up. Large complexes are often handled by commercial brokers, but smaller buildings will often be listed by residential real estate agents. It is not uncommon for these properties to never be on the direct market however, being sold instead between private parties.

There are many properties available in this class, at this writing there were 57 properties priced from $36,900 to $3,125,000.

You can use the search function on this page to set up your own search and see what's available, then if you need more information or would like to arrange a showing of one of these properties just call Matt at 515-988-3726. I look forward to hearing from you.

Des Moines Area Multi-family Property

property image
501 S Jefferson Way, Indianola $130,000

This is a great two-unit investment property WITH current tenants! There are large storage areas that are a part of the property AND potential for more space in the base...

  • 3 Beds
  • 3 Baths
  • DMAAR-654893 MLS
property image
505 S Jefferson Way, Indianola $110,000

This is a great two-unit investment property WITH current tenants! Come and take a look!

  • 1 Beds
  • 2 Baths
  • DMAAR-655106 MLS
1924 & 1926 E Bell  Avenue, Des Moines image
1924 & 1926 E Bell Avenue, Des Moines $250,000

Both sides of the property have 3 bedrooms, 1 1/2 baths, laundry, 1 car detached Garage, large backyard.

  • 6 Beds
  • 1 Baths
  • DMAAR-655243 MLS
property image
2021 E 40th Street, Des Moines $195,000

Perfect Rental Property. 1 side newly renovated. This property will not last long.

  • 8 Beds
  • 2 Baths
  • DMAAR-655183 MLS
3321 Cambridge  Street, Des Moines image
3321 Cambridge Street, Des Moines $155,000

This duplex in Highland Park is a perfect addition to your investment portfolio! There is a current rental certificate on the property that expires 2/2023. The front uni...

  • 5 Beds
  • 2 Baths
  • DMAAR-655087 MLS
3305 & 3307 59th  Street, Des Moines image
3305 & 3307 59th Street, Des Moines $295,000

Come see this great Des Moines investment opportunity right off Merle Hay. Each side of this duplex features 2 bedrooms with sizable closets, 2 bathrooms, and a single c...

  • 4 Beds
  • 2 Baths
  • DMAAR-654979 MLS
5309/5313 Hickman  Road, Des Moines image
5309/5313 Hickman Road, Des Moines $225,000

Nice development. 1 sale. 4 properties. 6 units total. $790,000 (the sum of all properties). Each separately listed - individually titled. 5309/5313 (Duplex), 5315 (SF), ...

  • 8 Beds
  • 2 Baths
  • DMAAR-654980 MLS
2733-2735 51st  Street, Des Moines image
2733-2735 51st Street, Des Moines $275,000

Duplex now available in conveniently located neighborhood. Property is situated between Tower Park and Riley Park on 51st Street. Significant effort put into a complete r...

  • 6 Beds
  • 2 Baths
  • DMAAR-654818 MLS
property image
1335 E 16th Street, Des Moines $210,000

Perfect rental opportunity, with new roof and well maintained

  • 4 Beds
  • 2 Baths
  • DMAAR-654804 MLS
1507 E Court  Avenue, Des Moines image
1507 E Court Avenue, Des Moines $160,000

Check out this great investment property. 2 bedroom and 1 bathroom on each side of the duplex. Each side is currently rented out. Reach out and schedule your showing n...

  • 4 Beds
  • 2 Baths
  • DMAAR-654785 MLS
5207-5209 Douglas  Avenue, Des Moines image
5207-5209 Douglas Avenue, Des Moines $265,000

All information obtained from Seller and public records.

  • 4 Beds
  • 2 Baths
  • DMAAR-654610 MLS
2936 Brattleboro  Avenue, Des Moines image
2936 Brattleboro Avenue, Des Moines $295,000 ▼

Drake area 5 unit with great rental history. Quiet building with long-term tenants. Same owner for 30 years. Rental certificate just renewed. Expires Oct 2, 2023. Fea...

  • 4 Beds
  • 5 Baths
  • DMAAR-654503 MLS
6900 Urbandale  Avenue, Urbandale image
6900 Urbandale Avenue, Urbandale $380,000 ▼

Great investment opportunity. This listing contains two duplex's (4 doors) on one abstract. In addition this property is part of a bigger portfolio of duplex's next door ...

  • 4 Beds
  • 1 Baths
  • DMAAR-654413 MLS
6804 Urbandale  Avenue, Urbandale image
6804 Urbandale Avenue, Urbandale $380,000 ▼

Great investment opportunity. This listing contains two two duplex's (4 doors) on one abstract. In addition this property is part of a bigger portfolio of duplexes next d...

  • 4 Beds
  • 1 Baths
  • DMAAR-654410 MLS
1418 Clinton  Avenue, Des Moines image
1418 Clinton Avenue, Des Moines $165,000

2 unit up down duplex in quiet area near Highland/Oak Park. Near River Place, trails, buslines, retail, restaurants and with easy access to Saylorville the property offer...

  • 3 Beds
  • 2 Baths
  • DMAAR-654416 MLS

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 Remax Concepts Matt Grohe

Matt Grohe, Realtor
8020 Douglas Ave
Urbandale, IA 50322
515-988-3726
Licensed in Iowa.

Serving the metro since 2003

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