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

This solid duplex is the perfect opportunity for both investors and house hackers. One side is freshly updated with new paint, carpet, and countertops, ready for immediate occupancy. The other side has been home to the same tenant since 1994, providing stable income at $855 mo through Oct 2027.Each unit features:Spacious living areas with 2 bedrooms and 1 full bathFull

Cy Phillips Space Simply

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 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 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

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

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

Well maintained duplex in Pleasant Hill situated in an excellent location on a quiet street close to schools, churches, and stores. Each unit has 3 bedrooms, two bedrooms on the main with a full bath. One unit has an additional bedroom and full bath on the lower level. One unit has a lower level kitchenet and non-conforming bedroom with 3/4 bath on the lower. Both units have a walkout lover

June Mackay Stevens Realty

Fantastic opportunity for investors! This turnkey income-producing duplex is fully leased with a current rental certificate, offering immediate cash flow and peace of mind. Each unit features 2 bedrooms and 1 bathroom with separately metered utilities and walkout basements situated on nearly half an acre lot in a quiet neighborhood. Don’t miss this opportunity to add a solid, income-producing

Ryan Rivera Zealty Home Advisors

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

This well-maintained brick duplex is a prime investment opportunity in the heart of Des Moines. Located in the Des Moines Independent school district with quick access to shopping, dining, and major commuter routes, the property has a strong rental history with low vacancy and solid cash-on-cash returns. Each unit offers 2 bedrooms, 1 bathroom, a spacious living area, and a functional kitchen

Chris Betts RE/MAX Real Estate Center

Brick ranch side by side duplex. Each unit 2 bedrooms, 1 full bath. Full unfinished bsmt. Very good condition. Property sits off of SW 12th, back west between 2 properties. Very private.

Steve Nissly RE/MAX Concepts