Investment Opportunity! This duplex has an active rental certificate. The one bedroom unit is occupied. The two bedroom unit is vacant and has a fresh coat of paint and all cleaned up ready for the next occupant. Each unit has a kitchen which includes a stove, refrigerator and dishwasher, full bath, and its own laundry area. The vacant unit has a finished basement that includes a bedroom

Marlene Thatcher Keller Williams Realty GDM

POTENTIAL UP-DOWN DUPLEX – Listed as a “conversion” on the assessor, this property is brimming with potential at a price point that makes sense. Bring your hard hat and imagination—this one’s ready for a fresh start and offers plenty of upside for investors or handy buyers. With great bones and endless possibilities, it’s the kind of project that could really pay off once given the love it

Mitch Coluzzi Real Broker, LLC

Exciting investment opportunity in the heart of the Drake area! This well-cared-for up-down duplex at 1064 27th offers versatile layouts and great rental potential. The main floor unit features 2 bedrooms, 1 bath, central AC, spacious living areas, and beautiful wood floors. The upper unit includes 2 bedrooms plus a 3rd bedroom/office area, 1 bath, and window unit cooling—perfect for flexible use

Ryan Rohlf Keller Williams Legacy Group

Discover this updated duplex in a highly sought-after location just off Ingersoll Avenue. Unit 1 occupies the main level with basement access, while Unit 2 is located upstairs (no basement access). Each unit offers 1 bedroom and 1 bathroom, with fresh interior paint completed approximately 1.5 years ago. Unit 1 features new flooring throughout, adding to the move-in ready appeal. Major updates

Gabby Fisher Keller Williams Realty GDM

4) 2BR/1BA Units5) 1BR/1BA Units100% OccupiedAVG In place rents - $6942BR/1BA Market Rent - $8551BR/1BA Market Rent - $785Opportunity for investors to implement RUBS and increase rental income day 1.

Ross Quintero Stanbrough Realty Company

12) 2BR/1BA UnitsNew Roof (2021)All Windows have been replacedBoiler and Water Heater (2018/2020)LVP in Common Areas and 85% of all units.AVG In Place Rents - $754Market Rents - $850 + RUBSOpportunity for investors to Implement RUBS and increase rental income day 1.

Ross Quintero Stanbrough Realty Company

Fully Occupied Tri-Plex Opportunity. No owner utilities. Fully occupied on MTM leases with upside in raising rents. Located just 2 blocks from Drake University

Ross Quintero Stanbrough Realty Company

12) 2BR/1BA UnitsLVP in Common Areas and 85% of units.New Boiler (2020)New Roof (2021)Water heater replaced (2023)AVG in place rents - $762.50Market Rent - $850 + RUBSOpportunity to implement RUBS and increase rental income day 1.

Ross Quintero Stanbrough Realty Company

8) 2BR/1BA UnitsAVG In Place Rents - $768Market Rent - $850 + RUBSLVP in common areas and units.New Water Heater (2023)New Roof (2021)Vinyl Windows across all units.Opportunity to implement RUBS and increase rental income day 1.

Ross Quintero Stanbrough Realty Company

In Place Cap Rate - 9.35%Rental Assistance CoC - 13.10%Market Rents Cap Rate - 8.42%Market Rents CoC - 9.35%High Efficiency Boiler (2024)Water Heaters (2022)Updated Plumbing9) 2BR/1BA Units2) 1BR/1BA Units90% of units feature LVP and fresh paint.

Ross Quintero Stanbrough Realty Company

Income-Producing 4-Unit Multi-Family in Des Moines! Ideally located just minutes from downtown Des Moines and steps from public transportation, this clean, well-maintained four-plex is a turnkey investment. The building offers two two-bedroom, one-bath units and two three-bedroom, one-bath units , all with a current rental certificate—an excellent opportunity for investors or live-in

Angela Ousley Zealty Home Advisors

12) 2BR/1BA UnitsLVP in Common Areas and 100% of units.AVG in Place Rents - $758Market Rents - $825 + RUBSNew Roof (2021)Vinyl Windows

Ross Quintero Stanbrough Realty Company

Discover a prime investment opportunity with this well-maintained two-unit duplex. Each unit features 1 spacious bedroom and a full bath, offering comfortable living for tenants. Ideal for investors seeking consistent rental income, this property is located in a highly desirable area with convenient access to shopping, parks, and top-rated schools. Whether you’re looking to expand

Jody Henkenius BHHS First Realty Westown

Discover the potential in this Des Moines multifamily property, Perfect for investors and flippers alike. This property features two units. A cozy-2-bedroom, 1-Bathroom unit complete with its own kitchen and living area. Ideal for singles, couples, or as a rental unit. Another spacious 3-bedroom, 1- bathroom unit, also equipped with a private kitchen and living area. Perfect for families or

Amanda Welch RE/MAX Concepts

This spacious duplex offers great flexibility for living or investment. Located in the WDM school district with quick access to shopping, dining, and major commuter routes, the property has a strong rental history with low vacancy. The main-level unit features 3 bedrooms and 2 full bathrooms, with a bright and open layout that’s perfect for both everyday living. A comfortable living room flows

Chris Betts RE/MAX Real Estate Center

This cash-flowing 3-unit property features flexible month-to-month tenants and currently generates $1,875 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Jeff Downing LPT Realty, LLC

This cash-flowing 3-unit property features flexible month-to-month tenants and currently generates $2,300 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Jeff Downing LPT Realty, LLC

This cash-flowing 3-unit property features flexible month-to-month tenants and currently generates $2,350 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Jeff Downing LPT Realty, LLC

This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $2,900 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Jeff Downing LPT Realty, LLC

This cash-flowing 5-unit property features flexible month-to-month tenants and currently generates $3,525 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Jeff Downing LPT Realty, LLC

This cash-flowing 6-unit property features flexible month-to-month tenants and currently generates $4,185 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Jeff Downing LPT Realty, LLC

This cash-flowing 6-unit property features flexible month-to-month tenants and currently generates $5,100 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Jeff Downing LPT Realty, LLC

This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $3,260 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Jeff Downing LPT Realty, LLC

This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $2,900 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Jeff Downing LPT Realty, LLC

Discover this historic 6-plex in the heart of Des Moines’ sought-after Sherman Hill neighborhood. Built in 1913, this NX2A-zoned multifamily property blends classic charm with modern updates. Currently 100% occupied, it offers both immediate cash flow and strong long-term upside. Each of the six units features comfortable layouts and updated amenities, designed to meet the expectations of today’s

Joe Hand Keller Williams Realty GDM

Welcome to 2812 Brattleboro a prime income-producing 5-unit multiplex perfect for both seasoned investors and those just entering the rental market with updated rental certificate! Priced competitively and with a recently renewed rental certifcate, this property offers immediate cash flow with significant upside potential. Each unit offers its own unique layout and charm in a one bed and one

Jim Hibbs LPT Realty, LLC

Charming 5 plex in the heart of Sherman Hill! This well kept 4,437 sqft building has five units, two (2bedroom 2 bath) units, two (1 bedroom 1 bath) units, and a unique large 1,000 sqft loft style 1 bathroom unit on the third floor. You're sure to love the charming features found in the units such as hardwood floors, arches, decorative fireplaces, large windows, and so much more! Perfect location

Beth Ernst Keller Williams Realty GDM

NEW LOWER PRICE on the side by side duplex! A great investment opportunity. Located in a nice walkable neighborhood. Close to grocery and drug store, movie theater, banks, and on the bus line. Built in the 1970's this duplex could use a few updates but is a solid property. Tenants are on a month to month basis so new owner can keep the tenant or keep it for their use. Rent out one side and live

Cyndi Pederson United Real Estate Profess

This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed

Jeffrey Horner Gillum Group Real Estate LLC

Complete remodel ready for new tenants. Potential is endless with this all brick solid duplex. Detached 2 car garage with tons of extra storage. Easy to show!

Bradley Johnson Keller Williams Legacy Group

Great investor opportunity with this tri-plex in east Des Moines! This property is fully occupied with Units 1 and 2 bringing $850 per month and Unit 3 bringing $750 per month. Monthly costs are between $1600-$1800. Cash Flow is great if you're looking for a side hustle! Rental certificate in place. Open to creative financing.

Bethany Cochran Agency Iowa

This is a two unit duplex located in the Waterford Creek that offer a modern design with an openconcept and the abundance of natural light and views from the large family room windows. You will lovethese quality built townhome with plenty of space for the entire family located in a beautifulUrbandale neighborhood. Enjoy the tranquility of the private backyard overlooking trees and a

Lacey Paine Realty ONE Group Impact

Turnkey duplex offering strong cash flow from day one! Unit A features 2 bedrooms and 1 full bath, while Unit B offers 4 bedrooms and 2 baths - ideal for maximizing rental income. Both units are spacious and well-maintained, making this a perfect addition to any investor's portfolio. Recent updates include a newer roof and siding, reducing future maintenance costs. Tenants enjoy off-street

Jordan Jackson RE/MAX Revolution

This multi unit home is located in Des Moines desirable Drake neighborhood, this fourplex offers a strong investment opportunity. Tenants enjoy off-street parking, shared laundry in the basement, and proximity to Drake University. Situated on a large 0.34-acre lot, the property blends historic charm with solid rental potential and room for future growth.

Chandler Craig Developers Realty Group LLC

Great opportunity to add to or start your rental portfolio with this 3-plex in the heart of Madrid! This 2-story multi-family property sits on a spacious double lot and features fresh exterior and interior paint along with new carpet. It includes three 1-bed, 1-bath units. Two are on the main level and one upstairs. One main-floor unit offers a non-conforming bedroom/flex space. One unit is

Jessica Schaffer LPT Realty, LLC