Investment - Homes for Sale in Des Moines, IA

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  /26

  $190,000

  $30K 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
• Explore Des Moines

• 

  

  

  /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
• 

  

  

  /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

  $230,000

  $10K PRICE DROP

  • Studio
  • 3 Baths
  • 1,876 Sq Ft

  1208 West St, Des Moines, IA 50315

  Investor opportunity featuring a duplex and single-family home situated on one parcel in South Des Moines. The front bungalow offers updated flooring, neutral paint tones, abundant natural light, two bedrooms, an updated full bathroom, functional kitchen space, basement storage, and detached garage access. The additional residence on the property provides added flexibility and income potential,

  

  Darson Grantham

  Keller Williams Realty GDM

  1208 West St, Des Moines, IA 50315
• 

  

  

  /29

  $165,000

  • 2 Beds
  • 1 Bath
  • 846 Sq Ft

  4110 2nd Ave, Des Moines, IA 50313

  Welcome home to this beautifully updated 2-bedroom, 1-bath ranch in Des Moines. This move-in ready home features a brand-new kitchen with quartz countertops, new cabinetry, and new stainless steel appliances. The completely renovated bathroom offers modern finishes, while new luxury vinyl plank flooring flows throughout the home for a clean, contemporary feel. Additional updates include newer

  

  Matthew Young

  Keller Williams Realty GDM

  4110 2nd Ave, Des Moines, IA 50313
• 

  

  /15

  $125,000

  • 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
• 

  

  /10

  $225,000

  • Studio
  • 3 Baths
  • 1,964 Sq Ft

  1206 39th St, Des Moines, IA 50311

  $2636 per month Gross rent. Currently 2 long term leases and 1 furnished short term rental. This is a prime rental property in a sought-after Des Moines neighborhood just west of the Drake University Campus. The property comes with a renewed rental license. A new roof was installed in 2021, providing peace of mind for years to come. Unit 1 and Unit 2 have had updates in the past 2 years. This

  

  Darson Grantham

  Keller Williams Realty GDM

  1206 39th St, Des Moines, IA 50311
• 

  

  /22

  $134,900

  • 2 Beds
  • 1 Bath
  • 592 Sq Ft

  1810 E Walnut St, Des Moines, IA 50316

  Welcome to 1810 E Walnut St. in Des Moines! This refreshed 2 bedroom, 1 bathroom home offers a clean, inviting feel with updates that make it move-in ready. Inside, you’ll find a bright living area, functional layout, and a kitchen complete with new appliances. Sitting on a double-sized lot, this property offers extra outdoor space and plenty of potential. Whether you’re looking for your first

  

  Tyler Weyers

  Century 21 Signature

  1810 E Walnut St, Des Moines, IA 50316
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  /29

  $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
• 

  

  /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

  $232,900

  $3K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,232 Sq Ft

  1266 E 36th Ct, Des Moines, IA 50317

  Stop scrolling —HERE IS AN AFFORDABLE NEWER HOME, MOVE-IN READY, VAULTED CEILINGS, ZERO ENTRY, and a possible ASSUMABLE LOW INTEREST VA LOAN! This home is priced to sell NOW BELOW the assessed value. Make it your personal home or a rental investment property! This newer ranch home, built in 2018 and located on a quiet street, is truly move-in ready with no projects or major updates needed. The

  

  Janee Moore

  Keller Williams Realty GDM

  1266 E 36th Ct, Des Moines, IA 50317
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  /9

  $189,900

  • 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
• 

  

  /21

  $305,000

  • 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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  /25

  $595,000

  • Studio
  • 9 Baths
  • 3,967 Sq Ft

  3103 Grand Ave, Des Moines, IA 50312

  Properties along the Grand Ave corridor rarely become available, making this an exceptional investment opportunity in the heart of the highly desirable Grand Avenue corridor. Located along historic Grand Avenue in Des Moines, 7 units in this multi-family property offers strong income potential in one of the city's most established and sought-after neighborhoods.The property benefits from

  Kyle Van Winkle RE/MAX Concepts-Ames

  3103 Grand Ave, Des Moines, IA 50312
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  /29

  $259,820

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

  7000 Lake Ridge Ave Unit 2, 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 2, Des Moines, IA 50320
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  /35

  $240,000

  • 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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  /24

  $315,000

  • 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
• 

  

  /35

  $429,900

  $20K 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
• 

  

  /26

  $215,000

  • Studio
  • 3 Baths
  • 1,569 Sq Ft

  2806 Aurora Ave, Des Moines, IA 50310

  Looking to house hack? Need space for a multigenerational family? Ready to add another investment property to your portfolio? This versatile brick duplex in the highly sought-after Lower Beaver neighborhood is the opportunity you've been waiting for. Featuring two separately metered units, each with its own furnace, central air conditioning unit, hot water heater, and laundry machines, this

  Lauryn Peitzman RE/MAX Precision

  2806 Aurora Ave, Des Moines, IA 50310
• 

  

  /25

  $299,000

  • 2 Beds
  • 2 Baths
  • 1,427 Sq Ft

  507 E Locust St Unit 207, Des Moines, IA 50309

  Experience elevated urban living in the heart of Des Moines’ Historic East Village at Capitol Village Lofts. Unit 207 at 507 E Locust Street blends timeless warehouse character with modern comfort, featuring soaring 12-foot ceilings, exposed brick walls, gleaming hardwood floors, and an open-concept layout designed for both everyday living and entertaining. This spacious 2-bedroom, 2 bath condo

  Bethany Cochran Agency Iowa

  507 E Locust St Unit 207, Des Moines, IA 50309
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  /16

  $158,000

  $7K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 730 Sq Ft

  2407 E 39th Ct, Des Moines, IA 50317

  Step into this charming bungalow and discover a bright, open layout with spacious bedrooms and an inviting living area. This home has been well cared for and features 2 bedrooms and 1 bathroom, offering comfortable and functional living. The kitchen is equipped with stainless steel appliances and ample space for cooking. With several major updates completed around 2021, the home offers a fresh,

  Jenna Lago Realty ONE Group Impact

  2407 E 39th Ct, Des Moines, IA 50317
• 

  

  /22

  $195,990

  • 3 Beds
  • 1 Bath
  • 1,046 Sq Ft

  1954 Lincoln Ave, Des Moines, IA 50314

  Move-in ready and fully updated! This charming 3-bedroom, 1-bath ranch offers 1,046 square feet of thoughtfully refreshed living space. Recent improvements include new flooring, carpet, paint, trim, fixtures, and appliances throughout. The completely remodeled bathroom features modern finishes and a clean, updated design. The spacious layout offers generously sized bedrooms, comfortable living

  Michael Malone Real Broker, LLC

  1954 Lincoln Ave, Des Moines, IA 50314
• 

  

  /23

  $275,000

  • 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

  $279,900

  $15K 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
• 

  

  /22

  $190,000

  • 3 Beds
  • 1 Bath
  • 1,013 Sq Ft

  407 Virginia Ave, Des Moines, IA 50315

  Welcome home to this charming 3-bedroom, 1-bath residence located on Des Moines' south side. Conveniently situated just minutes from downtown, shopping, dining, parks, and many popular south side amenities, this home offers both comfort and accessibility. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, you'll appreciate the convenient location and

  Landon Noe Iowa Realty Indianola

  407 Virginia Ave, Des Moines, IA 50315
• 

  

  /25

  $265,000

  $8K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 1,044 Sq Ft

  111 10th St Unit 406, Des Moines, IA 50309

  Luxury you can see, security you can’t, until now! Unit 406 stands apart within an HOA recognized for its exceptional strong reserve structure & proactive financial stewardship. 111 City Lofts Condominium Association is undeniably one of the most financially well-positioned associations in the DSM downtown market. This building offers a level of financial stability that is increasingly

  Stevie O'meara RE/MAX Concepts

  111 10th St Unit 406, Des Moines, IA 50309
• 

  

  /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
• 

  /2

  $505,000

  $10K PRICE DROP

  • Studio
  • 4,140 Sq Ft

  1314 22nd St, Des Moines, IA 50311

  Turnkey investment opportunity perfect for first-time investors looking to build their portfolio! This well-maintained multi-unit property offers immediate income potential with strong rental history and room for future growth.

  Brett Opdahl RE/MAX Precision

  1314 22nd St, Des Moines, IA 50311
• 

  

  /23

  $164,900

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  2511 Garfield Ave, Des Moines, IA 50317

  Welcome home to this beautifully remodeled 2-bedroom, 1-bath home that’s completely move-in ready! From the moment you step inside, you’ll appreciate the fresh, modern finishes and thoughtful updates throughout. The bright, inviting interior offers comfortable living with a stylishly updated feel, making it the perfect place to call home. Enjoy peace of mind knowing the big-ticket items have

  Sloane Baker Realty ONE Group Impact

  2511 Garfield Ave, Des Moines, IA 50317
• 

  

  /16

  $385,000

  • Studio
  • 5 Baths
  • 3,367 Sq Ft

  2931 Kingman Blvd, Des Moines, IA 50311

  Rare investment opportunity 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 flooring being refinished.

  Meghan O'Brien Realty ONE Group Impact

  2931 Kingman Blvd, Des Moines, IA 50311
• 

  

  /18

  $120,500

  $19K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,038 Sq Ft

  425 NE Broadway Ave, Des Moines, IA 50313

  Discover a rare mixed-use investment opportunity on a spacious lot. This home is ideal for both traditional buyers and investors seeking rental income or space for a side business. With mixed-use zoning, you can build a shop or small commercial space behind the house making it perfect for a workshop, storage, office, or boutique-style venture. Much of the remodeling is already done, making it

  Tom Butler LPT Realty, LLC

  425 NE Broadway Ave, Des Moines, IA 50313
• 

  

  /26

  $190,000

  $5K PRICE DROP

  • Studio
  • 1 Bath
  • 1,282 Sq Ft

  1442 34th St, Des Moines, IA 50311

  Welcome to this charming duplex located in the heart of Des Moines! This well-maintained property offers a unique opportunity for both investors and homeowners. Each unit features spacious living areas, perfect for comfortable living and entertaining. 24 hour notice required for tenants. With two bedrooms and one bathroom in each one unit and 1 bed one bath in the other, there?s ample space for

  Laura Slavin RE/MAX Precision

  1442 34th St, Des Moines, IA 50311
• 

  

  /29

  $160,000

  $92K PRICE DROP

  • Land
  • 10,367 Sq Ft
  • $672,269 per Acre

  720 Monona Ave, Des Moines, IA 50315

  Double lot here with great views of downtown. Home at 720 Monona being sold “as is” with the lot to its north (718 Monona) and the possibilities here are sky high. A one bedroom, 1 bath with single tuck under garage perfect for a getaway or a starter home for a person that wants an incredible view of downtown and a convenient location. Development is occurring all around this property. Nearly a

  Randy Kramer Iowa Realty Mills Crossing

  720 Monona Ave, Des Moines, IA 50315
• 

  

  /21

  $195,000

  $12K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 866 Sq Ft

  1444 55th St, Des Moines, IA 50311

  Welcome to 1444 55th St in Des Moines! This cozy 2-bedroom, 1.5-bath home offers a great blend of comfort, updates, and opportunity. Fresh interior paint throughout gives the home a clean, move-in ready feel, while new flooring in both bathrooms and the finished portion of the basement adds modern touches where it counts. Major updates have already been taken care of, including a new roof on both

  Madalin Akers Keller Williams Realty GDM

  1444 55th St, Des Moines, IA 50311
• 

  

  /12

  $229,900

  $10K 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

  $150,000

  • 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
• 

  

  /26

  $119,900

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  235 E 16th St, Des Moines, IA 50316

  Wonderful opportunity in this 2 bedroom bungalow. This is a very solid home with many of the pricey updates have been done already, including newer roof, electrical box, furnace, Stove, gutters, fully fenced back yard and updated bathroom. There are hardwood floors under the carpet, but the condition is unknown. This would make a great starter home or investment as some TLC would go a long way in

  Ingrid Williams RE/MAX Concepts

  235 E 16th St, Des Moines, IA 50316
• 

  

  /21

  $189,000

  $21K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,649 Sq Ft

  2710 Adams Ave, Des Moines, IA 50310

  Spacious and full of potential, this 3-bedroom, 1-bath home offers 1,649 sq ft of comfortable living space with a layout that provides room to spread out. Recently refreshed with fresh paint and a thorough cleaning, the home is move-in ready while still offering opportunities to make it your own. The oversized two-car garage adds convenience and extra storage, and the wooded backyard creates a

  Suzana Dobrosavljevic RE/MAX Concepts

  2710 Adams Ave, Des Moines, IA 50310
• 

  

  /14

  $150,000

  • 3 Beds
  • 1 Bath
  • 912 Sq Ft

  4131 Ardmore Rd, Des Moines, IA 50310

  This charming 3-bedroom, 1-bath bungalow on the north side of Des Moines is the fixer-upper you?ve been waiting for. Located in an establish neighborhood. Being sold as-is, this home is a prime candidate for a rehab or flip. Whether you are looking for a renovation project or a high-potential investment, the cozy layout provides a solid foundation for your vision. The seller is motivated and must

  Karla Alaniz Keller Williams Realty GDM

  4131 Ardmore Rd, Des Moines, IA 50310
• 

  

  /22

  $195,000

  • Studio
  • 2 Baths
  • 1,586 Sq Ft

  1019/1021 Kirkwood Ave, Des Moines, IA 50315

  Calling All Investors! This duplex is a fantastic opportunity to start your rental portfolio or add two income-producing doors to your existing investments. Conveniently located near a bus line with a short commute to downtown, the property is also close to MacRae Park and Lincoln High School. The main-level unit features two bedrooms, one bath, a full kitchen, and additional storage space in the

  Pennie Carroll Pennie Carroll & Associates

  1019/1021 Kirkwood Ave, Des Moines, IA 50315

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