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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

612 36th Street, Des Moines image
612 36th Street, Des Moines $289,000

Duplex for sale in desirable Ingersoll area - close to grocery store, pharmacy, restaurants, bars, and so much more! Building has historic charm and has been recently re...

  • 2.0 Baths
  • 569566 MLS
1428 7th Street, Des Moines image
1428 7th Street, Des Moines $140,000

None

  • 4.0 Baths
  • 569384 MLS
1117 26th Street, Des Moines image
1117 26th Street, Des Moines $109,900

Six plex for sale. Needs work. One unit has fire damage. Can be a great income source being next to Drake University. Property is being sold AS IS.

  • 5.0 Baths
  • 569181 MLS
5831 Boston Avenue, Des Moines image
5831 Boston Avenue, Des Moines $195,000

Nice duplex close to Merle Hay Mall. Seller has ad same renter for 3 years on one side. Rents for $725 but area rent is $875 - $900. New carpet, paint vinyl in vacant ...

  • 2.0 Baths
  • 569026 MLS
1361 York Street, Des Moines image
1361 York Street, Des Moines $185,000 ▼

None

  • 4.0 Baths
  • 568831 MLS
2401 High Street, Des Moines image
2401 High Street, Des Moines $242,000 ▼

Great opportunity for investors in popular “The Avenues” area near shops, restaurants and downtown Des Moines. 2 - two bedroom units and 2 - one bedroom units. If all fou...

  • 4.0 Baths
  • 568609 MLS
1010 Grove Street, Adel image
1010 Grove Street, Adel $530,000

None

  • 4.0 Baths
  • 568332 MLS
1987 & 1989 Sw 1st Street, Des Moines image
1987 & 1989 Sw 1st Street, Des Moines $91,800 ▼

INVESTORS!! Two homes for the price of one! This one of a kind opportunity will provide a convenience of having two homes right next to each other. 1987 SW 1st St is a 2 ...

  • 2.0 Baths
  • 567905 MLS
910 Bryan Street, Adel image
910 Bryan Street, Adel $249,000

We can't compete with the TAX ABATEMENT...or can we? Reduced $20,000. This home is a fantastic investment with capabilities of duplex living. 2+ bedrooms up and 2 large b...

  • 1.0 Baths
  • 567711 MLS
2300 Beaver Avenue, Des Moines image
2300 Beaver Avenue, Des Moines $315,000

6 unit building in convenient Beaverdale location. 5 two bedroom units and 1 - 1 bedroom. All units have hardwood floors that are freshly sanded and new interior paint. N...

  • 6.0 Baths
  • 567405 MLS
3710 56th Street, Des Moines image
3710 56th Street, Des Moines $2,025,000

Rowecienda Apartments is a 29 unit complex in Des Moines’ northwest submarket blocks away from the Merle Hay Mall regional trade area. Just blocks from grocery, restaura...

  • 23.0 Baths
  • 565964 MLS
1527 Forest Avenue, Des Moines image
1527 Forest Avenue, Des Moines $139,000 ▼

Extremely rare Beautiful duplex across a park. Huge units contain two bedrooms one bath. Very very spacious and lots of storage space. Check out those magnificent hardwoo...

  • 0.0 Baths
  • 565348 MLS
309 S 2nd Street, Polk City image
309 S 2nd Street, Polk City $379,900

Attention investors/business owners looking for a great opportunity to own a nearly new construction duplex in a prime location in Polk City! This duplex is located just...

  • 2.0 Baths
  • 564509 MLS
2406 Woodland Avenue, Des Moines image
2406 Woodland Avenue, Des Moines $199,500 ▼

An investment opportunity is waiting for you! This cash flowing four-plex is nestled in the booming Woodland Heights neighborhood just minutes from growing Downtown. Bo...

  • 5.0 Baths
  • 563092 MLS
1614 Arlington Avenue, Des Moines image
1614 Arlington Avenue, Des Moines $142,900 ▼

Attention investors! Great investment opportunity in this 4 unit building. Located on a large mature treed lot with ample parking and easy access to downtown and interst...

  • 0.0 Baths
  • 562550 MLS

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