Investment - Homes for Sale in Des Moines, IA

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  /2

  $65,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  550 NE 48th Place, Des Moines, IA 50313

  ATTN Flippers & Investors – Motivated Seller! Rare mixed-use property with county taxes, close to the interstate. Home needs work and is sold as-is. Great opportunity for a flip, rental, or investment hold!

  Jennifer Lamb Weichert, Realtors - 515 Agency

  550 NE 48th Place, Des Moines, IA 50313
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  /12

  $189,999

  • 8 Beds
  • 5 Baths
  • 3,178 Sq Ft

  1420 9th St, Des Moines, IA 50314

  Own a piece of history in River Bend! This early 1900s Victorian stands tall in the River Bend Local Historic District with over 3,100 square feet of finished space, offering unique potential for restoration or multi-family investment. Inside, you'll find 8 bedrooms and 4 bathrooms across a layout that hints at prior multi-unit use, making it ideal for rental income, house hacking, or future

  George Romero RE/MAX Concepts

  1420 9th St, Des Moines, IA 50314
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  /10

  $215,000

  • Studio
  • 3 Baths
  • 1,621 Sq Ft

  1315 E 12th St, Des Moines, IA 50316

  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

  1315 E 12th St, Des Moines, IA 50316
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  /22

  $139,900

  • 2 Beds
  • 1,408 Sq Ft

  3314 S Union St, Des Moines, IA 50315

  This 1.5-story home sits on a spacious .346-acre lot and has already had major exterior updates completed for you, including newer vinyl siding, all new windows, and an updated 2-car garage. A charming open front porch welcomes you home, and the walkout lower level offers flexibility for future finished space.Inside, the home has been fully gutted and is ready for your vision. Whether

  Erin Rundall Keller Williams Realty GDM

  3314 S Union St, Des Moines, IA 50315
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  /6

  $87,500

  • 2 Beds
  • 1 Bath
  • 664 Sq Ft

  2811 Oxford St, Des Moines, IA 50313

  This 2 bed, 1 bath home with a solid structure and strong bones. The detached one-car garage adds convenience and value. Located just minutes from downtown, parks, and major corridors, this property is perfectly positioned for a flip or rental.Home needs TLC—bring your vision and make it shine. Whether you’re looking for your next project or a long-term investment, this one’s worth a look.

  Kurt Clements ListWithFreedom.com

  2811 Oxford St, Des Moines, IA 50313
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  /11

  $139,900

  • 5 Beds
  • 2 Baths
  • 2,612 Sq Ft

  1910 7th St, Des Moines, IA 50314

  Welcome to 1910 7th St – a beautifully maintained 5-bedroom, 2-bathroom home nestled in the heart of Des Moines' historic River Bend district. This large two-story property offers an abundance of space, making it perfect for a growing family, multi-generational living, or an excellent investment opportunity. Located just minutes from downtown Des Moines, parks, shopping, and public

  Martin Castaneda Uplift Realty

  1910 7th St, Des Moines, IA 50314
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  /11

  $1,350

  2825 SE 14th St Unit 48, Des Moines, IA 50320

  This property is in need of some TLC but offers a great opportunity for someone willing to put in a little work. It's a solid investment for buyers looking to renovate or personalize a home at an affordable price. The home is situated in a quiet, established community with easy access to schools, shopping, and public transportation. Being sold as-is, this mobile home has potential for the right

  Jennifer Giraldo Homes by COARE

  2825 SE 14th St Unit 48, Des Moines, IA 50320
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  /27

  $329,900

  • 3 Beds
  • 2.5 Baths
  • 1,676 Sq Ft

  316 SW 6th St Unit 106, Des Moines, IA 50309

  Location and a view!! This charming brownstone, which has been a popular rental property, is now available for purchase! With its proven appeal and prime location, this is a rare opportunity to own a home that offers both comfort and investment potential. The highlight is the private rooftop patio with a wet bar and breathtaking skyline views. This spacious 1,676 sqft. residence features 3

  B.J. Knapp Iowa Realty Mills Crossing

  316 SW 6th St Unit 106, Des Moines, IA 50309
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  /35

  $365,000

  • Studio
  • 4 Baths
  • 2,509 Sq Ft

  1148 36th St, Des Moines, IA 50311

  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

  1148 36th St, Des Moines, IA 50311
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  /5

  $59,000

  • Land

  3146 SE 8th St, Des Moines, IA 50315

  Here's an awesome chance to build the home of your dreams right in the heart of Des Moines. This .29-acre wooded lot gives you a great amount of space while still offering that tucked-away feel. Utilities are already at the road, making the build process even smoother. Whether you're looking to create your forever home or build a solid investment property, this lot has a ton of potential and is

  David Rodriguez RE/MAX Precision

  3146 SE 8th St, Des Moines, IA 50315
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  /7

  $350

  • 2 Beds
  • 1 Bath

  2825 SE 14th St Unit 33, Des Moines, IA 50320

  Here's your chance to own a mobile home in the well-located Glenwood community of Des Moines. This home needs some TLC, but it's full of potential and priced to sell. Whether you're looking for a fixer-upper to call your own or a smart investment opportunity, this could be the perfect fit. Our team is currently in the process of cleaning out the unit, making it one step closer to move-in ready.

  Jennifer Giraldo Homes by COARE

  2825 SE 14th St Unit 33, Des Moines, IA 50320
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  /12

  $350

  • 2 Beds
  • 1 Bath

  2825 SE 14th St Unit 30, Des Moines, IA 50320

  Looking for an affordable project with potential? This mobile home in the Glenwood community of Des Moines is your chance to own at a great value. It does need some TLC, but it's a solid opportunity for a buyer with vision. Our team is already working on cleaning out the home, making it easier for you to take the next steps. Located in a quiet, convenient area close to local amenities, this

  Jennifer Giraldo Homes by COARE

  2825 SE 14th St Unit 30, Des Moines, IA 50320
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  /10

  $350

  • 3 Beds
  • 2 Baths

  2825 SE 14th St Unit 6, Des Moines, IA 50320

  Great opportunity in Glenwood, Des Moines! This mobile home is priced to sell and ready for someone with vision. It needs some TLC but has solid potential to become a cozy home or smart investment. Located in a quiet, friendly community with convenient access to local amenities. If you're looking for a fixer-upper at a great price, this could be the one for you. Don't miss out-schedule a viewing

  Jennifer Giraldo Homes by COARE

  2825 SE 14th St Unit 6, Des Moines, IA 50320
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  /15

  $475,000

  • Studio
  • 7 Baths
  • 3,174 Sq Ft

  732 19th St, Des Moines, IA 50314

  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

  732 19th St, Des Moines, IA 50314
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  /25

  $235,000

  • Studio
  • 2 Baths
  • 2,422 Sq Ft

  124 E Olinda Ave, Des Moines, IA 50315

  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

  124 E Olinda Ave, Des Moines, IA 50315
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  /22

  $239,900

  • 4 Beds
  • 2 Baths
  • 1,874 Sq Ft

  828 25th St, Des Moines, IA 50312

  Located in the hub of Des Moines proper and tucked away in the Woodland Hills neighborhood is 828 25th Street - a 2.5-story home that boasts 4 generous bedrooms, 2 updated baths & 1874 SF of livable space. It also offers walkability to the Ingersoll entertainment district, the acclaimed Gateway Market, and so much more! Neighborhood schools include Greenwood, Callanan and Roosevelt. The home

  Rachel Wallace RE/MAX Precision

  828 25th St, Des Moines, IA 50312
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  /7

  $179,900

  • Studio
  • 2 Baths
  • 1,410 Sq Ft

  620 38th St, Des Moines, IA 50312

  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

  620 38th St, Des Moines, IA 50312
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  /26

  $205,900

  • 1 Bed
  • 1 Bath
  • 925 Sq Ft

  400 Walnut St Unit 403, Des Moines, IA 50309

  Exceptional value for this FULLY FURNISHED, 1-bedroom, 1-bathroom condo in the historic Hotel Kirkwood located in the heart of Downtown Des Moines. This 4th floor unit is a 925 square foot open concept plan, facing east offering plenty of daylight in the living spaces. Invest in this unit for yourself, or the HOA allows for both long-term rental or short-term (like Airbnb) for others to

  Robert Myers CDM Real Estate Services

  400 Walnut St Unit 403, Des Moines, IA 50309
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  /5

  $212,500

  • 6 Beds
  • 2.5 Baths
  • 1,568 Sq Ft

  1175 21st St, Des Moines, IA 50311

  Excellent investment opportunity just steps from the Drake University campus! This spacious 2-story duplex offers strong rental potential with two generously sized units. Unit 1 features 2 bedrooms and 1 bath, while Unit 2 offers 4 bedrooms and 2 baths, perfect for student housing or multi-generational living. Both units have access to the shared basement, which includes laundry hookups and ample

  Ayeesha Ali RE/MAX Concepts

  1175 21st St, Des Moines, IA 50311
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  /16

  $1,500,000

  • 4 Beds
  • 1 Bath
  • 1,632 Sq Ft

  6416 SE 36th St, Des Moines, IA 50320

  Prime Development Opportunity! 49.46 Acres M/L in Des Moines, Iowa. Unlock the potential of these acres of prime development ground located within the highly desirable Carlisle School District. Nestled on the edge of vibrant Des Moines, this expansive tract offers an ideal blend of rural charm and urban convenience! perfect for short-term or long-term investment. With growing demand in the area

  Steve Widmer RE/MAX Precision

  6416 SE 36th St, Des Moines, IA 50320
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  /21

  $245,000

  • 4 Beds
  • 2 Baths
  • 1,776 Sq Ft

  3616 SE 11th St, Des Moines, IA 50315

  Well-maintained ranch-style duplex with separate meters and a low-maintenance brick and metal exterior. Each unit offers 2 bedrooms, 1 bathroom, a laundry room, and an attached 1-car garage; talk about privacy and convenience! Enjoy a large fenced in yard for outdoor activities. Major updates include a newer roof in 2020 and a furnace that was replaced only a few years ago in unit 3618. This

  Linda Bennett Wilsson RE/MAX Concepts

  3616 SE 11th St, Des Moines, IA 50315
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  /33

  $249,000

  • 2 Beds
  • 2 Baths
  • 1,357 Sq Ft

  400 Walnut St Unit 401, Des Moines, IA 50309

  Move-in ready with optional full furnishings! This stylish corner unit 2-bed, 2-bath condo on the 4th floor of the historic Hotel Kirkwood offers the flexibility to be purchased fully furnished or unfurnished, your choice! Whether you're looking for a downtown home or a turn-key investment, this property is ready to adapt to your needs. Enjoy an open layout, walk-in closets, in-unit laundry, and

  Isaiah Thomas Century 21 Signature

  400 Walnut St Unit 401, Des Moines, IA 50309
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  /19

  $132,500

  • 2 Beds
  • 1 Bath
  • 784 Sq Ft

  2720 Glover Ave, Des Moines, IA 50315

  Charming Bungalow with investment potential that is a 2 minute drive from Lincoln High School! This 2-bedroom, 1-bathroom home features a bedroom at the front that could be used as flex space- bedroom, office, or music/gaming room to suit your needs. Recent updates include two AC units (2022) and a new furnace (2022) for year-round comfort. A 1-stall detached garage adds convenience, and the

  Allison Hendershot RE/MAX Concepts

  2720 Glover Ave, Des Moines, IA 50315
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  /4

  $247,000

  • Studio
  • 1 Bath
  • 1,408 Sq Ft

  3025 E Douglas Ave, Des Moines, IA 50317

  this well-maintained duplex offers a perfect addition to any investment portfolio or a great option for the house hacking method. Each unit features 2 bedrooms, 1 bathroom, and includes all appliances, making it move-in ready for tenants.Key Features:2 beds / 1 bath per unitAll appliances includedTenants responsible for yard care and utilitiesNewer roof and

  Madalin Akers United Real Estate Profess

  3025 E Douglas Ave, Des Moines, IA 50317
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  /4

  $247,000

  • Studio
  • 1 Bath
  • 1,408 Sq Ft

  3019 E Douglas Ave, Des Moines, IA 50317

  this well-maintained duplex offers a perfect addition to any investment portfolio or a great option for the house hacking method. Each unit features 2 bedrooms, 1 bathroom, and includes all appliances, making it move-in ready for tenants.Key Features:2 beds / 1 bath per unitAll appliances includedTenants responsible for yard care and utilitiesNewer roof and

  Madalin Akers United Real Estate Profess

  3019 E Douglas Ave, Des Moines, IA 50317
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  /34

  $1,150,000

  • 4 Beds
  • 3 Baths
  • 2,536 Sq Ft

  5740 Walnut Hill Ave, Des Moines, IA 50312

  Luxury is effortless when every detail is designed for distinction. Nestled in The Waterbury neighborhood, this fully remodeled (2016-2025) 3,336 sq. ft. home blends timeless craftsmanship with modern convenience. Now offered at $1,150,000, this is an exclusive opportunity to own a move-in-ready home with zero deferred maintenance a rarity at this level. Unmatched Quality featuring high-end

  Martha Lebron-Dykeman BHHS First Realty Westown

  5740 Walnut Hill Ave, Des Moines, IA 50312
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  /5

  $139,000

  • Studio
  • 2 Baths
  • 1,676 Sq Ft

  1503 Forest Ave, Des Moines, IA 50314

  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

  1503 Forest Ave, Des Moines, IA 50314
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  /34

  $154,900

  • 1 Bed
  • 1 Bath
  • 865 Sq Ft

  400 Walnut St Unit 1002, Des Moines, IA 50309

  Prime Investment Opportunity in the Heart of Downtown Des Moines! This exceptional property allows for both short-term and long-term rentals, offering unmatched flexibility. Enjoy easy access to the city's best restaurants and shopping just steps away. The property includes parking, a sauna, an exercise room, and an additional storage unit. Best of all, it comes fully furnished and ready to rent

  David Rodriguez RE/MAX Precision

  400 Walnut St Unit 1002, Des Moines, IA 50309
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  /17

  $200,000

  • Studio
  • 5 Baths
  • 2,709 Sq Ft

  1825 7th St, Des Moines, IA 50314

  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

  1825 7th St, Des Moines, IA 50314
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  /2

  $240,000

  • Studio
  • 1 Bath
  • 1,408 Sq Ft

  1613 Des Moines St, Des Moines, IA 50316

  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

  1613 Des Moines St, Des Moines, IA 50316
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  /2

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,092 Sq Ft

  1557 27th St, Des Moines, IA 50311

  Investment opportunity! This cash-flowing 3-bedroom rental brings in $1,400/month with upside for rent increases. Tenant is on a flexible month-to-month lease, and the rental certificate is valid through Dec. 2027—no immediate compliance costs. Purchase as a stand-alone property or bundle with additional cash-flowing units in a larger portfolio. Owner is retiring—don’t miss the chance to add

  Jeff Downing LPT Realty, LLC

  1557 27th St, Des Moines, IA 50311
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  /2

  $135,000

  • 3 Beds
  • 1 Bath
  • 834 Sq Ft

  1119 Euclid Ave, Des Moines, IA 50313

  Investment opportunity! This cash-flowing 3-bedroom rental brings in $1,300/month with upside for rent increases. Tenant is on a flexible month-to-month lease, and the rental certificate is valid through June 2027—no immediate compliance costs. Purchase as a stand-alone property or bundle with additional cash-flowing units in a larger portfolio. Owner is retiring—don’t miss the chance to add

  Jeff Downing LPT Realty, LLC

  1119 Euclid Ave, Des Moines, IA 50313
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  /2

  $22,000

  • Land
  • 0.13 Acre
  • $176,000 per Acre

  1622 Martin Luther King Junior Pkwy, Des Moines, IA 50314

  A great opportunity for your next home or investment property.All information obtained from seller and public records.

  Medina Rahmanovic RE/MAX Precision

  1622 Martin Luther King Junior Pkwy, Des Moines, IA 50314
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  /2

  $334,000

  • Studio
  • 3 Baths
  • 1,661 Sq Ft

  2921 Euclid Ave, Des Moines, IA 50310

  Now is your chance to own a solid investment property near the Veterans Hospital! This well-maintained triplex offers excellent rental income with three fully occupied units—two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Current rents are $1,030, $1,150, and $950 per month. Each unit has access to shared laundry facilities in the basement. A new roof was installed in 2021. The rental

  Bradley Johnson Keller Williams Legacy Group

  2921 Euclid Ave, Des Moines, IA 50310
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  /2

  $546,000

  • 4,787 Sq Ft

  3103 Grand Ave, Des Moines, IA 50312

  Great investment opportunity, located on historic Grand Ave. Prime as a income property or redevelopment opportunity in the booming Ingersoll Corridor area. Across the street from Des Moines University.

  Brian K Spraggins Hunziker & Assoc.-Ames

  3103 Grand Ave, Des Moines, IA 50312
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  /2

  $1,115,000

  • 9,960 Sq Ft

  3117 Grand Ave, Des Moines, IA 50312

  Great investment opportunity. Located on historic Grand Ave. Prime as an income property or redevelopment opportunity in the booming Ingersoll Corridor.

  Brian K Spraggins Hunziker & Assoc.-Ames

  3117 Grand Ave, Des Moines, IA 50312
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  /43

  $770,000 New Construction

  • 3 Beds
  • 3.5 Baths

  Playa Avellanas Tamarindo, Des Moines, IA 50309

  Stunning 3-bedroom, 3.5-bath beach home in Avellanas Beach, Costa Rica. Just a short walk to the tranquil Lagartillo Beach, this tropical contemporary residence combines modern elegance with natural charm. The home will be delivered fully furnished and equipped with high-end appliances, featuring elegant finishes, a private water storage tank, lush landscaping, and a striking stone facade.

  Hans Waisfeld LoKation

  Playa Avellanas Tamarindo, Des Moines, IA 50309
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  /29

  $315,000 New Construction

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

  335 Forest Ave Unit 24, Des Moines, IA 50314

  Welcome to modern living in the heart of the city! These brand-new townhomes offer style, comfort, and unbeatable convenience just steps from Mercy Hospital. Enjoy spacious open-concept layouts, designer finishes, and energy-efficient features throughout. With 10-year tax abatement, your investment goes further while your monthly payments stay lower. Perfect for medical professionals, investors,

  Haim Naggar BHHS First Realty Westown

  335 Forest Ave Unit 24, Des Moines, IA 50314
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  /27

  $370,000 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,368 Sq Ft

  24 Villarreal Playa Tamarindo Costa Rica, Des Moines, IA 50309

  Twin Houses in Playa Tamarindo, Costa RicaBrand-new home in the Vistas de Tamarindo Condominium with modern, minimalist design and high-quality finishes. 3 bedrooms, 2.5 bathrooms, Spacious living/dining area, Open-concept kitchen, Laundry room and large interior patio.Located in Villareal, just 7 minutes from Tamarindo’s center, close to schools, medical centers, and shops. The condominium

  Romy Jimenez Invelux Realty LLC

  24 Villarreal Playa Tamarindo Costa Rica, Des Moines, IA 50309

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