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