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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
Brick Duplex, 1 ½ Sty, 2- bedrooms (1 on the main & 1-up), living room, dining area, kitchen, full basement (mirror image on both sides), plus a 3-car garage with single ...
- 4 Beds
- 2 Baths
- DMAAR-642567 MLS
GREAT INVESTMENT OPPORTUNITY! Duplex in Johnston School District across the street from park and close to shopping and restaurants. Each side of Duplex has two bedrooms a...
- 4 Beds
- 1 Baths
- DMAAR-642489 MLS
Stop by and check out this amazing Victorian in Sherman Hill. This home is currently a 4-plex. It has most of the original woodwork, built-ins, and doors with wood floors...
- 3 Beds
- 3 Baths
- DMAAR-641880 MLS
Great investment opportunity on Des Moines Northwest side. Newer siding, roof, and windows. It is in great shape and very easy to rent. Close to a public pool, schools, ...
- 6 Beds
- 6 Baths
- DMAAR-641166 MLS
Calling all investors! This triplex, packed with potential, is conveniently located just Northeast of Downtown and is an incredible investment opportunity. Units 1 & 2 on...
- 5 Beds
- 3 Baths
- DMAAR-641132 MLS
Priced reduced! Great cash flow opportunity on a solid duplex with 3 car garage. Rental certificates are good through 2023. Fenced yard for tenants with pets. Roof on ho...
- 3 Beds
- 2 Baths
- DMAAR-640352 MLS
Investor's Dream Galore! The Essex House is a three story 7-unit apartment building located in the desirable and historic Sherman Hill neighborhood only a couple blocks f...
- DMAAR-639605 MLS
Great investment opportunity, priced accordingly for you to rent the way it is or make updates to improve. Conveniently located near Drake University with quick access to...
- 5 Beds
- 2 Baths
- DMAAR-639504 MLS
One 3bedroom 2 bath unit and One 4 bedroom 2 bath unit. 2 office spaces on main floor could be rented for additional income. Extra tenant parking. Current rental cert....
- 3 Beds
- 2 Baths
- DMAAR-638920 MLS
A great investment opportunity or live in one side and rent the other! Each side features 3 bedrooms, 2.5 baths, partially finished basement, and a two attached tuck-unde...
- 6 Beds
- 6 Baths
- DMAAR-638598 MLS
Great investment opportunity for a 4 plex near Drake University. This 4 plex house has 4 1 bedroom units with Units 1 & 2 on the top floor and Units 3 & 4 on the bottom ...
- 4 Beds
- 4 Baths
- DMAAR-637999 MLS
Solid as a rock, all brick, up/down duplex with an area that was an additional efficiency unit that could be restored. Perfect for an owner-occupied rental property or a ...
- 3 Beds
- 2 Baths
- DMAAR-634740 MLS
Income producing duplex on Des Moines west side. Great location near all of the new restaurants and entertainment in Dogtown and with easy access to downtown. Home is cur...
- 3 Beds
- 2 Baths
- DMAAR-632930 MLS
Great income producing 6 plex in Des Moines. This property was built to feature multiple units and is not a conversion. Featuring classic style with high ceilings and woo...
- 12 Beds
- 6 Baths
- DMAAR-630875 MLS
Great income producing duplex in River Bend. Features 2- two bedroom, one bath units. Nice hardwood floors and tall ceilings. Big bedrooms and nice sized kitchens. Could ...
- 4 Beds
- 2 Baths
- DMAAR-630871 MLS
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