Des Moines Area Investment Property

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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

303 Nw Valley View Drive, Grimes $225,000

If you are looking for a great duplex look no further! Come and take a look at this 1520 sq ft home in a great Grimes location. Unit 305 includes 2 bedrooms and one bat...

3 Baths
575160 MLS

1220 46th Street, Des Moines $170,000

Duplex with 2 bedrooms, possibility 3 beds upstairs. Great wood character and wood floors. Fireplace on main level with wood burning heatilator. Some updates include: ne...

2 Baths
574920 MLS

1501 Arlington Avenue, Des Moines $225,000

Attention Investors! Unique 5 unit apartments, fully rented, easy access to main avenues, downtown, schools and shopping. Don't miss this one of a kind!

5 Baths
574383 MLS

412 8th Street, West Des Moines $119,900

Now is your chance to own an investment property in Valley Junction! So many possibilities await this conversion home situated on a double lot. Live in one unit while ren...

2 Baths
574209 MLS

307 E Emma Avenue, Des Moines $169,000 ▼

GREAT INVESTMENT OPPORTUNITY. Duplex fully leased. Each unit is 2 bed, 1 bath. with front entry, off street parking and rear patio. Back yard is partially fenced & incl...

2 Baths
573785 MLS

1615 Arlington Avenue, Des Moines $150,000 ▼

Older home that has 7 units + Attic area. Currently 3 units rented. Home needs some TLC. Sold "AS IS"

7 Baths
573239 MLS

1310 5th Avenue, Des Moines $179,000 ▼

Sellers offering up to $2800 towards closing costs, pre-paids!! This two unit duplex has updates & occupied w/ rental certificate good until 06/2020. Both tenants are on ...

2 Baths
572316 MLS

6315 Hickman Road, Des Moines $1,499,000

Two separate buildings with 12 units each. Updates completed on numerous units. Good tenants and rents. Great location with off street parking.

24 Baths
572621 MLS

2110 26th Street, Des Moines $699,000

Very nice 13 unit apartment building. 2 bedroom 1 bathroom units. Numerous updates have been completed. Excellent income.

11 Baths
572613 MLS

510 S Jefferson Way, Indianola $135,000 ▼

Large home on corner lot with lots of parking and a back yard with a large patio. Would make a great family home with the opportunity to have a nanny, mother-in-law, olde...

1 Baths
572250 MLS

622 Euclid Avenue Unit 1, Des Moines image

622 Euclid Avenue Unit 1, Des Moines $330,000

Investors, this is your opportunity. For those who're looking for a unique project, look no further. Some major renovation has already been completed in this multi-unit b...

0 Baths
572085 MLS

1614 Arlington Avenue, Des Moines $129,000 ▼

Attention Investors! Great opportunity with this 4 unit building. Large lot with plenty of parking. Location is conveniently close to downtown and interstate.

0 Baths
572100 MLS

1026 37th Street, Des Moines $230,000 ▲

Spacious duplex in Historic Kingman Neighborhood! Upper level features luxurious bathroom, 2 bedrooms with walk in closets, and all appliances. Customize your finishes on...