Opportunity awaits with this well-cared-for up-down duplex at 1064 27th Street in the heart of the Drake area. Each unit offers 2 spacious bedrooms and 1 full bath, complete with beautiful wood floors, large living spaces, and plenty of character throughout. The detached 2-car garage provides added value—perfect for extra rental income or convenient tenant parking and storage. Recent updates

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 2 spacious bedrooms 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

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 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 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

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 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 unit for sale right next to Drake. This 4-plex features 2, 2 bed/1 bath units and 2 1 bed/1 bath units. Tenants pay gas and electric, landlord pays water. Each unit has its own furnace. One unit has central A/C, the other 3 have window A/C. New water line and sewer line. Some units have new LVP, fresh paint and new toilets. All information obtained from seller and public records.

Jonathan Musser RE/MAX Precision

Cashflow on day one! Located right off of Interstate 235, 19th Street is in a prime location for commuters and public transportation users as well! Professionally managed for the last 2 years and stabilized, this is your chance to step into a turnkey investment! All rental certificates in place are recent and all but one tenant are in long term leases. With multiple avenues to increase income

Grant Beck RE/MAX Revolution

Great duplex! Newly remodeled! Each unit has three bedrooms and one bathroom. Two current tenants that are willing to stay but could be moved. Additional parking in back.

Brandon Johnson RE/MAX Cornerstone

Great investment opportunity in a great location near downtown Des Moines! This duplex offers versatility—perfect for an owner-occupant looking to offset their mortgage or for an investor seeking strong rental potential. Each unit features 3 bedrooms and 1 full bathroom, each unit includes a stove and refrigerator. Unit 1 is located on the upper level, while Unit 2 is on the main floor, offering

Misty Darling BH&G Real Estate Innovations

Two-story duplex income producing property. Tenants pay on time at $889 and $725 monthly. This offers the opportunity for a turn-key investment with an active rental certificate which was renewed January 2025. Several updates over past couple of years including a new roof and several windows changed out to vinyl.

Matt Cole RE/MAX Concepts

This cash-flowing 6-unit property features flexible month-to-month tenants and currently generates $3,850 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 duplex at 1503 Forest Ave, Des Moines offers two rental units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit; perfect for investors looking for steady rental income. It comes with a current rental certificate and has been upgraded through the City of Des Moines Weatherization Program, improving energy efficiency. Additional highlights include a brand-NEW furnaces one for each unit

Ingrid Williams RE/MAX Concepts

4-Plex in PRIME location right between Grand and Ingersoll Avenues! Don't miss this opportunity! 4 Units include two 2-BRs, one 1-BR, and 1 studio. Recent cosmetic updates such as neutral paint, flooring, and some kitchen and BA updates provide a fresh look and feel to the units! Each unit features a kitchen with fridge and stove. Coin laundry on site. Parking lot behind building provides plenty

Beth Ernst Keller Williams Realty GDM

Introducing The Cutler Apartments, a historic gem located just blocks from Drake University, Downtown, and Interstate 235, offering unparalleled convenience for residents. This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy 2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space. Great

Chase Keller CHASE Collective

Such an amazing chance to start or build your investment portfolio. This fully rented multifamily property brings in steady income and has been well maintained. Located centrally with easy access to everything, it is attractive for renters. Must request showing AT LEAST 48 hours in advance.

Sarah Shaffer Realty ONE Group Impact