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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

    1515 NW 81st Street, Clive image
    1515 NW 81st Street, Clive $320,000

    Each of the two units within this Duplex offers 3 bedrooms and 1.5 baths, spanning approximately 1425 square feet. The main level comprises two bedrooms, while a walkout ...

    • 6 Beds
    • 4 Baths
    • 682462 MLS
    1208 West Street, Des Moines image
    1208 West Street, Des Moines $275,000

    This is a great turnkey rental property. Consists of a 964 sqft 2 bedroom raised ranch home with a finishable 3rd bedroom in the basement and a duplex each side consists...

    • 4 Beds
    • 3 Baths
    • 682086 MLS
    3212 57th Street, Des Moines image
    3212 57th Street, Des Moines $260,000

    Ranch duplex on a quiet dead end street in a convenient location. This property is fully occupied with long term tenants. The south unit 3212 57th Street rents for $1,200...

    • 5 Beds
    • 3 Baths
    • 681991 MLS
    1701 34th Street, Des Moines image
    1701 34th Street, Des Moines $165,000

    Welcome to your next investment opportunity in the heart of Des Moines, Iowa! This newly updated 2 bedroom duplex not only catches the eye but also offers an excellent ch...

    • 4 Beds
    • 1 Baths
    • 681618 MLS
    669 19th Street, Des Moines image
    669 19th Street, Des Moines $400,000

    Check out this historic 4 plex in the popular Sherman Hill neighborhood of Des Moines. Featuring a 2 br, two 1 br, and studio units there are many options. The 2 bedroom ...

    • 4 Beds
    • 4 Baths
    • 681302 MLS
    1609 E Grand Avenue, Des Moines image
    1609 E Grand Avenue, Des Moines $180,000

    Exceptional investment opportunity! This multi-family unit boasts three charming residences, each featuring 1 bedroom and 1 bathroom. Situated a mere 1-minute drive from ...

    • 3 Beds
    • 3 Baths
    • 681153 MLS
    2521 Kingman Boulevard, Des Moines image
    2521 Kingman Boulevard, Des Moines $295,000

    Spacious 3 unit in great Drake location. Three story with 3,764 sq ft. plus basement for extra storage. Separate utilities. Two-3 Bed units, One-1 bed unit. First and ...

    • 7 Beds
    • 4 Baths
    • 679993 MLS
    1449 6th Avenue, Des Moines image
    1449 6th Avenue, Des Moines $179,000

    Fully rented duplex available in convenient Drake location. Rear alley access with ample parking behind the building as well as guest parking on the front. Great cashflow...

    • 4 Beds
    • 2 Baths
    • 679738 MLS
    836 Cleveland Avenue, Des Moines image
    836 Cleveland Avenue, Des Moines $169,900 ▼

    *Tenant requires 24 hour notice for unit 2 showings. Calling all investors! Capitol Park 2 story home currently duplexed with 1 bedroom 1 bath up and 1 bedroom 1 bath plu...

    • 2 Beds
    • 2 Baths
    • 679576 MLS
    1044 19th Street, Des Moines image
    1044 19th Street, Des Moines $179,900

    Welcome to this one-of-a-kind fixer-upper located in the heart of Des Moines! With over 4000+ square feet of blank canvas space, this property is just waiting for someone...

    • 678781 MLS
    1020 25th Street, Des Moines image
    1020 25th Street, Des Moines $315,000 ▼

    This 6-unit multifamily property has $4235 per month of income and is well-maintained and located strategically near Drake University. This investment opportunity has con...

    • 9 Beds
    • 6 Baths
    • 678337 MLS
    346 E Mckinley Avenue, Des Moines image
    346 E Mckinley Avenue, Des Moines $309,900 ▼

    Investor Alert! Don't miss this great opportunity to own this duplex featuring 2 bedrooms & 1.5 baths on each side. It has an unfinished basement with extra potential. Th...

    • 4 Beds
    • 4 Baths
    • 678359 MLS
    1151 65th Street, Windsor Heights image
    1151 65th Street, Windsor Heights $189,900 ▼

    Conversion up-down duplex located in the heart of Windsor Heights. The lower unit comprises of 3 bedrooms, 1.5 bathrooms, and a fully finished basement. The upper unit of...

    • 4 Beds
    • 2 Baths
    • 676217 MLS
    700 12th Street, West Des Moines image
    700 12th Street, West Des Moines $225,000 ▼

    This West Des Moines duplex is in a great area and was converted from a single-family home. Both units are currently rented. 3-bed rents for $1,295/month and the lower le...

    • 4 Beds
    • 2 Baths
    • 676099 MLS
    4406 61st Street, Urbandale image
    4406 61st Street, Urbandale $325,000

    Charming Duplex in Urbandale - Perfect for Investors or Homeowners! This property presents a fantastic opportunity for investors seeking rental income or homeowners look...

    • 4 Beds
    • 2 Baths
    • 675192 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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