Investment - Homes for Sale in Des Moines, IA

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  /35

  $255,000

  • 5 Beds
  • 2 Baths
  • 2,678 Sq Ft

  3413 2nd Ave, Des Moines, IA 50313

  Step onto the covered front porch of this charming 1892 two-story offering 2,678 square feet of character and versatility. The main level features a spacious living area with fresh flooring, clean white trim, an electric fireplace, and abundant natural light. The home includes two kitchens, two laundry sets, and two separate entrances, creating a unique opportunity for multigenerational living, a

  

  Darson Grantham

  Keller Williams Realty GDM

  3413 2nd Ave, Des Moines, IA 50313
• Explore Des Moines

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  /20

  $155,000

  • 2 Beds
  • 1 Bath
  • 1,014 Sq Ft

  3203 Cambridge St, Des Moines, IA 50313

  Charming 2-bedroom, 1-bath bungalow in Des Moines’ Highland Park neighborhood! This move-in-ready Des Moines home features an updated kitchen, newer HVAC, fresh bedroom flooring, and a newer refrigerator. All appliances are included, plus the seller is providing a paid 1-year home warranty for added peace of mind. Enjoy the character of a classic Highland Park bungalow with convenient access to

  

  Liz Lashier

  NextHome Your Way

  3203 Cambridge St, Des Moines, IA 50313
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  /35

  $239,900

  • 1 Bed
  • 1 Bath
  • 852 Sq Ft

  301 E Court Ave Unit 207, Des Moines, IA 50309

  Downtown Living at its Best in the Historic East Village. This impressive condo features 14' beam ceilings, hardwood floors, exposed brick, and a beautiful view of the skyline from your private balcony. Skylight and large windows fill the space with natural light; in unit laundry. Step outside and enjoy unbeatable walkability—just a quick stroll to the Downtown Farmers Market and minutes from

  

  Maria Torres

  Iowa Realty Mills Crossing

  301 E Court Ave Unit 207, Des Moines, IA 50309
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  /27

  $170,000

  $50K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,196 Sq Ft

  1440 21st St, Des Moines, IA 50311

  Sitting on an oversized lot with fresh snow framing its clean exterior, this home blends the charm of its original era with the practical updates. Step inside to sun-filled rooms lined with new flooring mixed with beautifully preserved original hardwood, giving the home that rare blend of character and function. Fresh paint throughout brightens each space, and large windows in nearly every room

  

  Darson Grantham

  Keller Williams Realty GDM

  1440 21st St, Des Moines, IA 50311
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  /30

  $199,000

  $11K PRICE DROP

  • Studio
  • 2 Baths
  • 1,436 Sq Ft

  1987 & 1989 SW 1st St, Des Moines, IA 50315

  Two homes on one lot—ideal investment or house hack opportunity! Property includes 1987 & 1989 SW 1st St. 1987 is a 1.5 story featuring 2 bedrooms, 1 bath, and is currently vacant—move-in or rent-ready for immediate occupancy (currently being advertised for rent at $1,100). 1989 offers 1 bedroom, 1 bath and is currently tenant occupied, providing instant rental income (current rent is $850).

  

  Darson Grantham

  Keller Williams Realty GDM

  1987 & 1989 SW 1st St, Des Moines, IA 50315
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  /35

  $590,000

  • Studio
  • 4 Baths
  • 3,499 Sq Ft

  707 & 715 E Mckinley Ave, Des Moines, IA 50315

  If you're looking for a duplex portfolio, this is your chance! 707 & 715 E. McKinley Ave. are located side by side, making management and maintenance much more efficient for an investor. Per the seller, all four units offer 3 bedrooms with additional finished basement sq footage. The combined gross monthly income for both duplexes is $4,893.Tenants are responsible for all utilities, including

  

  Dustin Kupka

  RE/MAX Precision

  707 & 715 E Mckinley Ave, Des Moines, IA 50315
• 

  

  /23

  $550,000

  • Studio
  • 4 Baths
  • 3,499 Sq Ft

  801 & 807 E Mckinley Ave, Des Moines, IA 50315

  If you're looking for a duplex portfolio, this is your chance! 801 & 807 E. McKinley Ave. are located side by side, making management and maintenance much more efficient for an investor. Per the seller, all four units offer 3 bedrooms with additional finished basement sq footage and are located just off E. McKinley Ave in a desirable South Des Moines neighborhood. The combined gross monthly

  

  Dustin Kupka

  RE/MAX Precision

  801 & 807 E Mckinley Ave, Des Moines, IA 50315
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  /15

  $120,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 636 Sq Ft

  4730 NE 33rd Ct, Des Moines, IA 50317

  Investor Alert! Two bed one bath bungalow. Furnace located in crawl space. Some vinyl flooring and LVP flooring. This would be a good starter home or investment property for rental or resale. Some features include a newer septic, reasonable taxes, metal siding, newer roof, very large rear yard and a shared drive. Lots of possibilities to enjoy activities in your shaded backyard or use as garden

  

  Toni Tindle

  Covered Bridge Realty

  4730 NE 33rd Ct, Des Moines, IA 50317
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  /25

  $300,000

  $25K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,530 Sq Ft

  5613 Brook View Ave, Des Moines, IA 50317

  Welcome to this north-facing, well-designed 4-bedroom ranch home on a corner lot. It features a comfortable layout and thoughtful details throughout. The main floor offers a bright, open living area with convenient laundry access and a natural flow between the kitchen, dining and gathering spaces. Large windows fill the space with natural light, creating an inviting atmosphere. The deck provides

  Luanne Myers Redfin Corporation

  5613 Brook View Ave, Des Moines, IA 50317
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  /28

  $1,250,000

  • Land
  • 72.93 Acres
  • $17,140 per Acre

  0 E Acorn St, Des Moines, IA 50320

  Excellent opportunity to own a sizable tract of land on Des Moines’ south side, offering a rare combination of privacy, accessibility, and proximity to the metro. Located along E Acorn Street with convenient access to Highway 65/69 and the Highway 5 Bypass, the property provides quick connections throughout the Des Moines metro while maintaining a quieter, more rural setting.The site

  Brodie Wubben RE/MAX Precision Land & Development Group

  0 E Acorn St, Des Moines, IA 50320
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  /9

  $179,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,870 Sq Ft

  3505 6th Ave, Des Moines, IA 50313

  3505 6th Avenue presents a unique opportunity for investors, flippers, or buyers looking to build equity. This property has been used as an investment property and is now ready for its next chapter. Offered at the current “as-is” price, this home provides the chance to renovate and customize while taking advantage of strong upside potential.The seller has also provided a vision for what this

  Heath Moulton Spire Real Estate

  3505 6th Ave, Des Moines, IA 50313
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  /21

  $279,500

  $26K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,456 Sq Ft

  335 Forest Ave Unit 21, Des Moines, IA 50314

  Experience modern living in the charming historic Riverbend neighborhood. Just steps from all downtown has to offer—restaurants, The Casey’s Center, shops, bike paths, parks, hospitals, and I-235. This spacious two-story townhome offers nearly 1,500 sq ft with stainless steel appliances, LVP flooring, quartz countertops, 2 bedrooms, 2.5 baths, a deck, and a 2-car attached garage with SMART Home

  Justin Torres EXP Realty, LLC

  335 Forest Ave Unit 21, Des Moines, IA 50314
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  /14

  $165,000

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  1625 22nd St, Des Moines, IA 50310

  This charming Des Moines bungalow offers 2 bedrooms & 1 bathroom on the main level plus a finished non-conforming bedroom in the basement. The main level features 864 sq. ft. of comfortable living space, an inviting living room, updated flooring, and an enclosed front porch that provides additional usable space. The kitchen features white cabinetry, a gas stove, and a convenient nook for

  Beatris Mayorga RE/MAX Precision

  1625 22nd St, Des Moines, IA 50310
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  /24

  $125,000

  • 2 Beds
  • 1 Bath
  • 778 Sq Ft

  2554 E Grand Ave, Des Moines, IA 50317

  Welcome home to this move in ready bungalow in the heart of Des Moines. Fresh paint, brand new stainless steel kitchen appliances, and professionally anchored foundation walls give you the perfect combination of style and peace of mind. Whether you are a first time home buyer, downsizing, or looking for a great investment property, this home is ready for you to make it your own.Inside,

  Shonna Murrey Epique Realty

  2554 E Grand Ave, Des Moines, IA 50317
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  /35

  $235,000

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,230 Sq Ft

  5905 SW 9th St, Des Moines, IA 50315

  Great investment opportunity or perfect starter home! Well-maintained ranch home featuring 3 bedrooms, 1 bathroom, attached garage, spacious backyard, and newly added front parking space for additional vehicles. Beautiful hardwood floors throughout the main level add warmth and character to the home. Clean and well-kept basement with additional non-conforming rooms already built, offering great

  Monica Amaya RE/MAX Precision

  5905 SW 9th St, Des Moines, IA 50315
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  /10

  $125,000

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 702 Sq Ft

  2724 College Ave, Des Moines, IA 50311

  Discover an incredible opportunity to own a beautifully remodeled home in Des Moines! This move-in-ready property features 2 bedrooms, 2 bathrooms, plus 2 non-conforming bedrooms, providing flexible space for guests, a home office, workout room, or hobby area. The home underwent a complete remodel in 2024, including a new central air conditioning system, new water heater, and new sump pump,

  Lora Olerich Heartland Realty

  2724 College Ave, Des Moines, IA 50311
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  /10

  $225,000

  • 5 Beds
  • 3 Baths
  • 1,110 Sq Ft

  2703 College Ave, Des Moines, IA 50311

  Don't miss this outstanding income-producing investment opportunity featuring 5 bedrooms, 2 bathrooms, a separatelot, and exceptional parking amenities. This well-maintained property is tenant occupied with a lease in place throughJuly 2027, generating $2,500 per month in rental income, making it an ideal turnkey addition to your investmentportfolio. The home underwent a complete

  Lora Olerich Heartland Realty

  2703 College Ave, Des Moines, IA 50311
• 

  

  /24

  $279,500

  $36K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,498 Sq Ft

  335 Forest Ave Unit 24, Des Moines, IA 50314

  Experience modern living in the charming, historic Riverbend neighborhood, just steps from all downtown has to offer—restaurants, The Casey’s Center, shops, bike paths, parks, hospitals, and I-235. This spacious two-story townhome offers nearly 1,500 sq ft with stainless steel appliances, LVP flooring, quartz countertops, 2 bedrooms, 2.5 baths, a deck, and a 2-car attached garage with SMART Home

  Justin Torres EXP Realty, LLC

  335 Forest Ave Unit 24, Des Moines, IA 50314
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  /35

  $409,900

  $40K PRICE DROP

  • 6 Beds
  • 3 Baths
  • 2,283 Sq Ft

  1121 26th St, Des Moines, IA 50311

  Well-maintained 2-story home featuring 6 bedrooms, 3 bathrooms, and a 2-car garage. Rarely do you find a home with 6 bedrooms, making this move-in ready property a standout opportunity with exceptional space for comfortable living, entertaining, or investment potential. Conveniently located near Drake University, downtown Des Moines, shopping, dining, parks, and more. The fenced yard, two

  Meldie Barlaw RE/MAX Revolution

  1121 26th St, Des Moines, IA 50311
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  /25

  $149,900

  • 2 Beds
  • 1 Bath
  • 686 Sq Ft

  1419 E Tiffin Ave, Des Moines, IA 50316

  Cute, cozy and ready for you! Check out this adorable bungalow in a convenient central location. Easy access to downtown or to any of the surrounding suburbs. This home has 2 bedrooms, 1 full bath, a galley style kitchen and a bonus nook for dining, a coffee bar, or an office space! You'll find new floors and fresh paint throughout this well maintained home with an unfinished basement for storage

  Lindsay Miner Boutique Real Estate

  1419 E Tiffin Ave, Des Moines, IA 50316
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  /35

  $367,400

  $7K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,168 Sq Ft

  2316 Wakonda View Dr, Des Moines, IA 50321

  Authentic Mid-Century Modern design meets rare space in Des Moines’ Wakonda neighborhood! Set on an exceptionally hard-to-find double lot, this distinctive home delivers the clean lines, expansive glass, and indoor-outdoor connection that make the style so enduring!Walls of windows fill the living room with natural light and frame views of the park-like backyard, while refinished original

  Patrick Elbert Realty ONE Group Impact

  2316 Wakonda View Dr, Des Moines, IA 50321
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  /23

  $250,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 857 Sq Ft

  1925 E Lacona Ave, Des Moines, IA 50320

  Welcome home to this move-in ready gem nestled on a quiet cul-de-sac on Des Moines' charming South Side. Offering approximately 1,500 square feet of finished living space, this home features 3 bedrooms, 2 bathrooms, and a floor plan designed for comfortable everyday living. Step inside to a bright, welcoming living room that flows into the kitchen, complete with newer cabinetry, stainless steel

  Cathy McAulay Century 21 Signature

  1925 E Lacona Ave, Des Moines, IA 50320
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  /20

  $155,000

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 823 Sq Ft

  2608 Capitol Ave, Des Moines, IA 50317

  Welcome home to this charming 2-bedroom, 1-bath residence that’s full of character and has been exceptionally well cared for over the years. From the moment you step inside, you’ll appreciate how clean and well-maintained the home is, offering a move-in-ready feel while still preserving its timeless charm. The detached garage, built in 2008, provides excellent space for parking, storage, or a

  Talor Woodson Iowa Realty Ankeny

  2608 Capitol Ave, Des Moines, IA 50317
• 

  

  /23

  $260,000

  $15K PRICE DROP

  • Studio
  • 2,013 Sq Ft

  900 Morton Ave, Des Moines, IA 50316

  Great opportunity to own a fully updated 3-unit property featuring a duplex plus a separate single-family home—ideal for investors or owner-occupants looking to house hack. The property includes two 2-bedroom units and one 1-bedroom unit, offering a strong unit mix with great rental appeal. All units have been extensively updated, including kitchens, bathrooms, flooring, paint, siding, and

  Pennie Carroll Pennie Carroll & Associates

  900 Morton Ave, Des Moines, IA 50316
• 

  

  /19

  $219,900

  $75K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,456 Sq Ft

  335 Forest Ave Unit 22, Des Moines, IA 50314

  Experience modern living in the charming, historic Riverbend neighborhood, just steps from all downtown has to offer—restaurants, The Casey’s Center, shops, bike paths, parks, hospitals, and I-235. This spacious two-story townhome offers nearly 1,500 sq ft with stainless steel appliances, LVP flooring, quartz countertops, 2 bedrooms, 2.5 baths, a deck, and a 2-car attached garage with SMART Home

  Justin Torres EXP Realty, LLC

  335 Forest Ave Unit 22, Des Moines, IA 50314
• 

  

  /17

  $138,500

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 616 Sq Ft

  1705 E 29th St, Des Moines, IA 50317

  Welcome home to this charming 2-bedroom, 1-bath home situated on a spacious 0.26-acre lot! This home offers a functional layout with comfortable living spaces, plus the convenience of a 2-car detached garage and an additional storage shed. The generous yard provides plenty of room for gardening, entertaining, or simply enjoying the outdoors. Whether you're a first-time homebuyer, looking to

  Jessica Auch RE/MAX Revolution

  1705 E 29th St, Des Moines, IA 50317
• 

  

  /22

  $259,820

  • 3 Beds
  • 2.5 Baths
  • 1,617 Sq Ft

  7000 Lake Ridge Ave Unit 3, Des Moines, IA 50320

  This modern 2-story townhome featuring an open concept design, stylish kitchen, and plenty of natural light throughout. This home offers a blank canvas for your personal touches. An attached 2-car garage, efficient layout, and contemporary finishes make daily living easy and comfortable. With 6 years of tax abatement left, you’ll benefit from major cost savings. Townhome is rental/Airbnb-eligible

  Nicholas Williams Summit Real Estate Services

  7000 Lake Ridge Ave Unit 3, Des Moines, IA 50320
• 

  

  /19

  $169,000

  • 2 Beds
  • 1 Bath
  • 1,044 Sq Ft

  1317 Euclid Ave, Des Moines, IA 50313

  Affordable & Adorable! This pristine 2-bedroom ranch is move-in ready and full of charm! The spacious living room is accented by gorgeous oak pillars that open to the formal dining room. The large kitchen offers plenty of cabinet and counter space, with the refrigerator and stove included. An updated full bath is conveniently located near both bedrooms. Need a little extra space? The bonus room

  Pennie Carroll Pennie Carroll & Associates

  1317 Euclid Ave, Des Moines, IA 50313
• 

  

  /22

  $300,000

  • Studio
  • 4 Baths
  • 554 Sq Ft

  2801 & 2803 SE 19th St, Des Moines, IA 50320

  Investment opportunity meets easy living! This spacious split-foyer bi-attached home offers 1,000+ finished square feet across two levels and a layout with great potential for a rental or owner-occupant. The main level features a generous kitchen with plenty of room to gather and sliding doors leading to the patio. Enjoy a nice backyard with a newer privacy fence, good-sized bedrooms, newer

  Shannon Salmon RE/MAX Concepts

  2801 & 2803 SE 19th St, Des Moines, IA 50320
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  /16

  $365,000

  $20K PRICE DROP

  • Studio
  • 5 Baths
  • 3,367 Sq Ft

  2931 Kingman Blvd, Des Moines, IA 50311

  Rare investment opportunity grossing $4,140 per month in the highly desirable Kingman neighborhood of Des Moines. A 5 unit property with assigned off street parking for each unit. Additionally there is a detached car garage for further potential rental income. The units have been well updated, including 200 amp service metered to each unit, fresh paint, carpet, and the majority of the hardwood

  Meghan O'Brien Realty ONE Group Impact

  2931 Kingman Blvd, Des Moines, IA 50311
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  /2

  $70,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 624 Sq Ft

  1308 Lewis Ave, Des Moines, IA 50315

  Bring your vision to this South Des Moines investment opportunity! This 2-bedroom, 1-bath bungalow has been completely gutted and is ready for its next owner to bring it back to life. A new roof has already been installed, giving you a head start on the project. Situated on a spacious 8,100 sq. ft. lot, there is plenty of outdoor space and potential. Whether you're an investor looking for your

  Beatris Mayorga RE/MAX Precision

  1308 Lewis Ave, Des Moines, IA 50315
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  /33

  $539,000

  • 3 Beds
  • 2.5 Baths
  • 2,408 Sq Ft

  6001 Walnut Hill Dr, Des Moines, IA 50312

  Step into the charm and character of this spacious 2,400+ square-foot Tudor Revival home in DSM?s Waterbury neighborhood, where classic architectural details blend beautifully with thoughtful modern updates. From the striking brick façade and welcoming arched entryway to the graceful arches throughout, original craftsmanship is on full display. Original trim, hardwood floors, and distinctive

  Rose Green RE/MAX Concepts

  6001 Walnut Hill Dr, Des Moines, IA 50312
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  /12

  $219,000

  $21K PRICE DROP

  • Studio
  • 2 Baths
  • 2,187 Sq Ft

  1134 39th St, Des Moines, IA 50311

  Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors or someone looking for a place to live while supplementing their income. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus

  Tim Hegwood PMI Realty Central Iowa

  1134 39th St, Des Moines, IA 50311
• 

  

  /12

  $139,000

  $11K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1130 Garden Ave, Des Moines, IA 50313

  Cute 2 bedroom Bungalow. Vinyl siding- newer windows- new roof - new furnace - new CA - new carpet!! Bonus room off the Living Room. Eating area. Newer Stove and Refrigerator. Home is being sold 'AS IS".Seller will not participate in Radon Mitigation. Great investment opportunity. Being sold 'AS IS'!!!!

  Becky Jackson RE/MAX Concepts

  1130 Garden Ave, Des Moines, IA 50313
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  /14

  $109,900

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  1916 Jefferson Ave, Des Moines, IA 50314

  Charming and affordable 2-bedroom, 1-bath home that's been recently updated! Fresh paint and new flooring give this home a clean, modern feel. The interior is bright, inviting, and move-in ready. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment property, this home offers great value at an affordable price. Don't miss this opportunity!

  Zineta Imamovic Realty ONE Group Impact

  1916 Jefferson Ave, Des Moines, IA 50314
• 

  

  /14

  $275,000

  • Studio
  • 2 Baths
  • 1,408 Sq Ft

  121 E Watrous Ave, Des Moines, IA 50315

  Attention investors and owner occupants. This updated duplex is a fantastic opportunity to build wealth through real estate while generating rental income. Whether you're looking to add to your investment portfolio or live in one unit and rent the other, this property offers flexibility and long term potential.Both units feature durable luxury vinyl plank flooring throughout with no

  Shonna Murrey Epique Realty

  121 E Watrous Ave, Des Moines, IA 50315
• 

  

  /30

  $800,168

  4900 E Watrous Ave, Des Moines, IA 50320

  Located on the southeast edge of the Des Moines metro, this 87.45± deeded acre Polk County farm offers a strong combination of highly productive farmland, recreational opportunity, and income potential. Situated in Allen Township along the Des Moines River, the property provides an opportunity to acquire a quality agricultural asset in a location where land of this caliber is increasingly

  Glen Salow

  4900 E Watrous Ave, Des Moines, IA 50320
• 

  

  /21

  $275,000

  • 6 Beds
  • 2 Baths
  • 2,142 Sq Ft

  2940 Brattleboro Ave, Des Moines, IA 50311

  Ready to start or expand your real estate investment portfolio? Look at this rare opportunity in thecoveted Drake neighborhood. Well maintained with updated rental certificate, 2 unit with privateassigned parking for 5. Each unit has updated flooring, cabinetry, appliances and in unit laundry.Unit 1 is a 3 bedroom with a fabulous kitchen space and loads of charm. Unit two is a

  Adam Steger Realty ONE Group Impact

  2940 Brattleboro Ave, Des Moines, IA 50311
• 

  

  /8

  $184,500

  • 3 Beds
  • 1.5 Baths
  • 1,176 Sq Ft

  1122 59th St, Des Moines, IA 50311

  Handyman Special or Investors Delight. This 3 Bedroom Home with 2 Baths is located near school, parks and shopping. This is a great investment with a little work for Buyer or Investor. Home is SOLD AS IS!

  Phyllis Butler Iowa Realty Beaverdale

  1122 59th St, Des Moines, IA 50311
• 

  

  /13

  $370,000

  • Studio
  • 3,374 Sq Ft

  2905 High St, Des Moines, IA 50312

  Exceptional investment opportunity in one of Des Moines' most desirable and walkable neighborhoods!This 4-plex at 2905 High Street is ideally positioned just blocks from the thriving Ingersoll Avenuecorridor, where tenants can enjoy some of the city's best local restaurants, coffee shops, breweries,and everyday conveniencesall within walking distance.Properties in this location

  Sarah Shaffer Realty ONE Group Impact

  2905 High St, Des Moines, IA 50312

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