Investment - Homes for Sale in Des Moines, IA

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  /4

  $210,000

  • Studio
  • 5 Baths
  • 4,067 Sq Ft

  3400 Ravina Dr, Des Moines, IA 50313

  A converted Victorian single-family with original detail intact throughout. Now a five-unit investment property in Des Moines' Oak Park neighborhood, 4,067 sq ft on .37 acres. Built in 1897 with original Victorian detail throughout - ornate staircase, original millwork, stained glass, and fireplace with intact surround. Two units appear to have been updated with newer kitchens and flooring. The

  Heather Wright RE/MAX Concepts

  3400 Ravina Dr, Des Moines, IA 50313
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• 

  

  

  /5

  $500

  2825 SE 14th St Unit 25, Des Moines, IA 50320

  Looking for a project home with great potential? This Handyman Special is located in Glenwood Mobile Home Park at 2825 SE 14th St, Des Moines, IA 50320. This single-wide mobile home is being sold AS-IS for $500 - perfect for someone with renovation skills who wants to create a cozy space of their own. Lot Rent: $550/month Price: $500 (sold as-is) Promo: Handyman Special The home needs repairs and

  Jennifer Giraldo Homes by COARE

  2825 SE 14th St Unit 25, Des Moines, IA 50320
• 

  

  

  /23

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,200 Sq Ft

  2000 Meadow Ct, Des Moines, IA 50320

  Beautifully maintained 3-bedroom, 2-bath condo offering approximately 1,200 sq ft of comfortable living space in a convenient Des Moines location. Features include beautiful oak trim, vaulted ceilings, fireplace, open floor plan, spacious living area, functional kitchen with ample cabinetry, dishwasher, and generously sized bedrooms, and a private primary suite with attached bath and great closet

  Johniece Gully Coldwell Banker Associated Realtors

  2000 Meadow Ct, Des Moines, IA 50320
• 

  

  

  /28

  $179,000

  $9K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,246 Sq Ft

  1107 Morton Ave, Des Moines, IA 50316

  ALL-brick 3-bedroom home ideally located near Grand View University! You'll appreciate the timeless curb appeal and low-maintenance exterior that make this home as practical as it is inviting. Inside, classic character shines with crown molding, high baseboards, original doors, and beautiful wood floors in the bedrooms. The living room is a true highlight, featuring a wood-burning

  Casee Woodley RE/MAX Precision

  1107 Morton Ave, Des Moines, IA 50316
• 

  

  

  /23

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,200 Sq Ft

  2000 Meadow Ct Unit 109, Des Moines, IA 50320

  Beautifully maintained 3-bedroom, 2-bath condo offering approximately 1,200 sq ft of comfortable living space in a convenient Des Moines location. Features include beautiful oak trim, vaulted ceilings, fireplace, open floor plan, spacious living area, functional kitchen with ample cabinetry, dishwasher, and generously sized bedrooms, and a private primary suite with attached bath and great closet

  Johniece Gully Coldwell Banker/Assoc Realtors

  2000 Meadow Ct Unit 109, Des Moines, IA 50320
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  /27

  $199,000

  • Studio
  • 2 Baths
  • 3,729 Sq Ft

  1527 Forest Ave, Des Moines, IA 50314

  Strong investment opportunity in Des Moines! This duplex sitting on a corner lot, infront of a park, offers immediate income (combined current income $2,000) potential to raise rent on one unit to $1,100. Live in one and rent one or rent both units. Very big units with potential to finish basement (super high ceilings). Each unit features same layout well-sized bedrooms, functional layouts, and

  Adam Metzker 515 Rentals & Sales LLC

  1527 Forest Ave, Des Moines, IA 50314
• 

  

  /21

  $270,000

  • 4 Beds
  • 1 Bath
  • 1,276 Sq Ft

  1617 College Ave, Des Moines, IA 50314

  This is a nice house for a first time home buyer or if you are looking an investment property. This house features 3 bedroom & 1 bathroom updated in the last couple of years. The plumbing & electrical systems were replace in 2016, The Central A/C unit was replaced in the Summer 2025 and the basement was waterproofed in November 2025. The front deck was also replaced recently.

  Rafael Geronimo Century 21 Signature

  1617 College Ave, Des Moines, IA 50314
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  /10

  $185,000

  • 3 Beds
  • 1.5 Baths
  • 1,133 Sq Ft

  6008 University Ave, Des Moines, IA 50311

  This home offers fantastic space, large bedrooms, full basement with potential and a super convenient location; close to a bus stop and access to the freeway commuting in any direction is a breeze! If you have the talent this solid home is a worthwhile investment. Interior projects would include the kitchen and some fresh paint. The 2 main floor bedrooms are spacious and the bathroom has been

  Andrea Taylor RE/MAX Concepts

  6008 University Ave, Des Moines, IA 50311
• 

  

  /17

  $155,000

  • 3 Beds
  • 1.5 Baths
  • 1,618 Sq Ft

  1600 E 13th St, Des Moines, IA 50316

  1600 E 13th Street offers an excellent opportunity for investors, renovators, or buyers looking to create value. Currently offered at the “as-is” price of $155,000, this property has strong potential with a remodeled price at 219,000. Previously used as an investment property, this home is ready for updates and improvements to unlock its full potential. Included photos showcase both the current

  Heath Moulton Spire Real Estate

  1600 E 13th St, Des Moines, IA 50316
• 

  

  /15

  $149,900

  • 2 Beds
  • 1 Bath
  • 696 Sq Ft

  4007 7th St, Des Moines, IA 50313

  Affordable 2 bedroom, 1 bath home or great investment opportunity for investors with a rental certificate good thru Aug 2028. Great location close to Oak Park Elementary and all Highland Park shops and restaurants. Freshly painted inside and out. 2 car garage with off street parking in back by alley. Needs a little TLC and seller is offering a $7,500 credit to buyer for any improvements they

  Angie Robinson Weichert, Miller & Clark

  4007 7th St, Des Moines, IA 50313
• 

  

  /22

  $155,000

  • 2 Beds
  • 1.5 Baths
  • 1,166 Sq Ft

  3701 Brook Ridge Ct Unit 603, Des Moines, IA 50317

  Great 2 story townhome in Brook Run! Conveniently located minutes from Altoona and SEP schools! Over 1100sqft of finish + one car attached garage. Open first floor layout features a spacious family room, dining area and kitchen with breakfast bar. All appliances (including washer and dryer) will stay! You will also find a 1/2 bath on the main level. Upstairs there is a massive primary bedroom

  Kristen Geiger RE/MAX Precision

  3701 Brook Ridge Ct Unit 603, Des Moines, IA 50317
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  /26

  $163,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 834 Sq Ft

  1119 Euclid Ave, Des Moines, IA 50313

  Affordable, practical, and full of potential! 2-bedroom, 1-bath home with a detached 1-car garage and an unfinished basement! Whether you are searching for your first home, a downsizing option, or an investment property, this home is a great opportunity in Des Moines!

  Elizabeth Keller CHASE Collective

  1119 Euclid Ave, Des Moines, IA 50313
• 

  

  /25

  $265,000

  • Studio
  • 2 Baths
  • 1,472 Sq Ft

  4230 Boyd St, Des Moines, IA 50317

  Great opportunity on this well-kept ranch duplex in a fantastic Des Moines location! Each unit offers 2 beds/1 bath, and has seen several interior and exterior updates over the last few years. There is over 700 sq ft upstairs on each side, and another 700+ sq ft in the basement! There are separate gas and electric meters to keep things simple for tenants and owners alike. Tenants will appreciate

  Chris Chiaramonte Century 21 Signature

  4230 Boyd St, Des Moines, IA 50317
• 

  

  /17

  $175,000

  • 2 Beds
  • 1 Bath
  • 749 Sq Ft

  3504 27th St, Des Moines, IA 50310

  Welcome home to 3504 27th Street in Des Moines! This charming and move-in-ready home is packed with character, comfort, and possibilities. From the moment you arrive, you'll feel right at home with its welcoming curb appeal and inviting atmosphere. Step inside to discover bright living spaces filled with natural light, creating the perfect setting for cozy nights in or entertaining friends and

  Aaron O'Tool RE/MAX Concepts

  3504 27th St, Des Moines, IA 50310
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  /35

  $277,500

  $8K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,080 Sq Ft

  2306 48th Place, Des Moines, IA 50310

  Great Opportunity for First-Time Buyers or Investors in Beaverdale! This charming ranch home in Beaverdale is the perfect fit whether you’re looking for your first home or a solid investment property. Step inside to find beautiful hardwood floors in the living and dining rooms, creating a warm and inviting space. The dining area flows right into a spacious white kitchen, offering plenty of room

  Tiffany Huynh Huynh Realty

  2306 48th Place, Des Moines, IA 50310
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  /5

  $34,900

  • Land
  • 5,967 Sq Ft
  • $254,745 per Acre

  6 Hartford Ave, Des Moines, IA 50315

  Don’t miss this opportunity to own a blank slate in a growing neighborhood just minutes from downtown. This lot offers convenient access to restaurants, shops, parks, and major highways. Nestled among mature trees, it’s a perfect spot to build your dream home or investment property. Utilities available at the street. Drive by and imagine the possibilities! Project is shovel ready with city

  Celeste Rose Real Broker, LLC

  6 Hartford Ave, Des Moines, IA 50315
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  /35

  $549,900

  $75K PRICE DROP

  • 7 Beds
  • 4 Baths
  • 3,223 Sq Ft

  930 18th St, Des Moines, IA 50314

  Amazing multi used zoning property! COMMERCIAL or Residential! Nestled in the coveted Sherman Hill Historical District, this stunning 7 bedroom, 4 full bathroom masterpiece boasts over 4,300 finished square feet of living space, blending timeless character with cutting edge modern amenities. Meticulously restored and relocated to this prestigious neighborhood in 2019, the property features a

  Gilbert Gonzales RE/MAX Precision

  930 18th St, Des Moines, IA 50314
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  /10

  $114,900

  $40K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 952 Sq Ft

  1614 Jefferson Ave, Des Moines, IA 50314

  1614 Jefferson presents a fantastic opportunity for buyers seeking a beautifully updated home or a strong investment property in Des Moines. O, this property highlights the transformation potential from its original condition into a refreshed, modernized home with added value and appeal. Buyer may participate in the final selections if desired. Previously utilized as an investment property, the

  Heath Moulton Spire Real Estate

  1614 Jefferson Ave, Des Moines, IA 50314
• 

  

  /35

  $300,000

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

  1700 E 14th St, Des Moines, IA 50316

  Spacious and versatile 5-bedroom, 3-bath home situated on a prime corner lot just down the street from Grand View College. This property offers incredible flexibility with a rare 3-car garage, additional living quarters above the garage, and attic space that adds even more potential. Inside, you’ll find generous living spaces and a layout that can easily accommodate a variety of living

  Talor Woodson Iowa Realty Ankeny

  1700 E 14th St, Des Moines, IA 50316
• 

  

  /24

  $259,820

  • Studio
  • 2 Baths
  • 1,617 Sq Ft

  7000 Lake Ridge Ave Unit 1, 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 1, Des Moines, IA 50320
• 

  

  /35

  $170,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 926 Sq Ft

  3600 Dubuque Ave, Des Moines, IA 50317

  Welcome to this move in ready Des Moines home offering the perfect blend of comfort, space, and convenience! This well-maintained property features a functional layout with spacious living areas, abundant natural light, and plenty of room to make it your own. The kitchen offers great cabinet and prep space and flows seamlessly into the main living area, making everyday living and entertaining

  Alec Hernandez RE/MAX Real Estate Center

  3600 Dubuque Ave, Des Moines, IA 50317
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  /8

  $134,900

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  3301 7th St, Des Moines, IA 50313

  1600 E 13th Street offers an excellent opportunity for investors, renovators, or buyers looking to create value. Currently offered at the “as-is” price of $134900, this property has strong potential with a remodeled price at 175,000. Previously used as an investment property, this home is ready for updates and improvements to unlock its full potential. Included photos showcase both the current

  Heath Moulton Spire Real Estate

  3301 7th St, Des Moines, IA 50313
• 

  

  /16

  $135,000

  • 2 Beds
  • 1 Bath
  • 650 Sq Ft

  3305 E 13th St, Des Moines, IA 50316

  Charming and move-in ready! This clean and well-maintained 2-bedroom bungalow offers fresh updates while keeping its classic character intact. Inside, you’ll appreciate the solid wood doors, updated vinyl windows, and comfortable layout filled with natural light. The home also features a single detached garage and sits in an established mature neighborhood known for its timeless charm and

  Shawntel Cooney Iowa Realty South

  3305 E 13th St, Des Moines, IA 50316
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  /32

  $539,000

  $51K PRICE DROP

  • 4 Beds
  • 4 Baths
  • 2,322 Sq Ft

  1900 Mckinley Ave, Des Moines, IA 50315

  Situated on 1.75 acres, and currently zoned MX3 (COMMERCIAL & RESIDENTIAL USES), this mid-century modern home offers exceptional space, versatility, and income potential. This residence offers timeless architectural appeal, an attached 2-car garage, plus an additional 3-car detached garage, perfect for hobbyists, car enthusiasts, storage, or workshop space. The fully fenced yard provides privacy

  Krisanne Colby Calhoun Simply Better Realty, LLC

  1900 Mckinley Ave, Des Moines, IA 50315
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  /4

  $129,000

  $45K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 934 Sq Ft

  3806 12th St, Des Moines, IA 50313

  Rental property opportunity! Positive rental income of $1050 with a rental certificate good through June 2027. This would also make a great home for someone looking to add equity to their investment. The seller has a large portfolio. Ask for more info!

  Abby Hausmann-Virgil Keller Williams Ankeny Metro

  3806 12th St, Des Moines, IA 50313
• 

  

  /24

  $154,000

  $15K PRICE DROP

  • Studio
  • 6 Baths
  • 2,430 Sq Ft

  1430 8th St, Des Moines, IA 50314

  Investor Special, Value-Add Opportunity Near Downtown Des Moines!1430 8th St is a 6-unit multifamily property now fully vacant and cleared, offering a rare opportunity for investors to renovate and reposition for maximum returns. Previously configured as six 1-bedroom units, this property is ready for updates and lease-up. Located just minutes from downtown with convenient access to shopping,

  Crystal Arguello Realty ONE Group Impact

  1430 8th St, Des Moines, IA 50314
• 

  

  /17

  $295,000

  • 2 Beds
  • 2.5 Baths
  • 1,478 Sq Ft

  335 Forest Ave Unit 23, 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 23, Des Moines, IA 50314
• 

  

  /15

  $140,000

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 720 Sq Ft

  3516 27th St, Des Moines, IA 50310

  Charming home in a convenient Des Moines location! Close to schools, parks, shopping, restaurants, and everyday essentials, making it a great place to call home. This property offers tons of potential with a spacious yard, cozy layout, and easy access to major roads and local amenities. Whether you’re looking for your next home or a great investment opportunity, this property has plenty to offer!

  Eh Tha Yu Paw Epique Realty

  3516 27th St, Des Moines, IA 50310
• 

  

  /3

  $57,500

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  2510 NE 51st Ct, Des Moines, IA 50317

  Investment Property!!! Located just north of Copper Creek Golf Course and backing to new construction. Located in the SE Polk School District. Hurry!!!

  Jamie Smith Iowa Realty Beaverdale

  2510 NE 51st Ct, Des Moines, IA 50317
• 

  

  /13

  $149,900

  $14K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 702 Sq Ft

  2724 College Ave, Des Moines, IA 50311

  Discover this newly updated 1.5 story home just steps from Drake University. Renovations include Luxury Vinyl Plank flooring, granite kitchen counters, a tiled backsplash, and new stainless-steel appliances. The main floor offers a primary bedroom, updated full bath with a step-in shower, and convenient laundry with washer/dryer included. Upstairs features an additional spacious bedroom with room

  Senada Agic RE/MAX Precision

  2724 College Ave, Des Moines, IA 50311
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  /26

  $142,000

  $8K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 910 Sq Ft

  3832 15th St, Des Moines, IA 50313

  Looking for your first home or investment property? Look no further! This 2-bedroom, 2.5-bath home combines classic character with modern comfort. Enjoy peace of mind with updated electrical throughout, and a new central AC system installed within the past year. The inviting layout offers plenty of natural light, and cozy living spaces. On the main level you will see an open layout with a bedroom

  Ashton Verschuure RE/MAX Concepts

  3832 15th St, Des Moines, IA 50313
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  /33

  $239,000

  $20K PRICE DROP

  • Studio
  • 2 Baths
  • 1,513 Sq Ft

  1242 Mckinley Ave, Des Moines, IA 50315

  Exceptional Investment Opportunity! Introducing a versatile multi-family residence perfect for investors or homeowners looking for income potential! This property features 2 distinct units w/a total of 4 bedrooms. *UNIT DETAILS* MAIN UNIT-Experience the charm & comfort of the main house w/2 bedrooms on main level complemented by your own inviting front porch, spacious family room, large dining

  Valerie Kenworthy LPT Realty, LLC

  1242 Mckinley Ave, Des Moines, IA 50315
• 

  

  /16

  $232,000

  $8K PRICE DROP

  • Studio
  • 2 Baths
  • 928 Sq Ft

  2030 E Caulder Ave, Des Moines, IA 50320

  Nice investment property; live in one unit and rent the other unit . This Duplex has two nicely sized bedrooms in each unit and is in a great area with over 900 sq. ft. of finished area in each.

  Mike clark RE/MAX Concepts

  2030 E Caulder Ave, Des Moines, IA 50320
• 

  

  /4

  $159,000

  $36K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,288 Sq Ft

  3802 12th St, Des Moines, IA 50313

  Great investment opportunity or a single-family home ready for you to make yours! One car garage and driveway off side street. Cute neighborhood! Tenant is on a month-to-month lease. The rental certificate is valid through June 2027; rent is currently $1,050 per month. Tenant pays all utilities and does snow and lawncare. 48-hour notice for showings. Seller has a 12 property portfolio for sale:

  Abby Hausmann-Virgil Keller Williams Ankeny Metro

  3802 12th St, Des Moines, IA 50313
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  /15

  $140,000

  $8K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 640 Sq Ft

  3915 Glover Ave, Des Moines, IA 50315

  This cozy bungalow is full of charm and ready to welcome its next owner or investor! Step inside to an inviting open-concept living area with a warm, comfortable feel throughout the home. The galley kitchen offers everything you need for everyday living, making this home truly move-in or rent-ready. The bedroom provides a peaceful retreat with an additional space to be used to your liking.

  Julia Stender Realty ONE Group Impact

  3915 Glover Ave, Des Moines, IA 50315
• 

  

  /8

  $137,500

  $3K PRICE INCREASE

  • 3 Beds
  • 1 Bath
  • 776 Sq Ft

  814 E Sheridan Ave, Des Moines, IA 50316

  814 E. Sheridan presents a fantastic opportunity for buyers seeking a beautifully updated home or a strong investment property in Des Moines. This property highlights the transformation potential from its original condition into a refreshed, modernized home with added value and appeal. Buyer may participate in final selections if desired. Previously utilized as an investment property, the listing

  Heath Moulton Spire Real Estate

  814 E Sheridan Ave, Des Moines, IA 50316
• 

  

  /35

  $399,000

  $26K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,192 Sq Ft

  1107 24th St, Des Moines, IA 50311

  1107 24th Street is a true showstopper, where timeless Victorian character meets stunning modern updates. Completely reimagined in 2023–2024, this beautifully restored home showcases beautiful wood floors, intricate original woodwork, and spacious rooms filled with warmth and charm, all thoughtfully blended with an open, modern layout and stylish finishes throughout.One of the home's most

  Eric Quiner Realty ONE Group Impact

  1107 24th St, Des Moines, IA 50311
• 

  

  /19

  $310,000

  • Studio
  • 2,509 Sq Ft

  1148 36th St, Des Moines, IA 50311

  Investment opportunity! Looking for a solid real estate investment in Des Moines? Take a look at this 4plex in a prime location. 2 units are 2 bed, 1 bath. 2 units are 1 bed 1 bath. Gross income before expenses is $49,800/year. Walking distance to Drake college! Perfect for investors looking to add to their portfolio. Also, would make a great house hack investment. Buy and occupy for just about

  Gilbert Gonzales RE/MAX Precision

  1148 36th St, Des Moines, IA 50311
• 

  

  /20

  $192,500

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  398 Pleasant View Dr, Des Moines, IA 50315

  Welcome home to this well-maintained 3-bedroom, 1-bath ranch offering1056 square feet of comfortable living space. Located in a well-establishedSouth Side neighborhood, this home provides convenient access to schools,shopping and downtown amenities. Major updates include newer windows, roofand furnace, offering added peace of mind. The kitchen appliances, including thestove

  Gary Miller Iowa Realty Beaverdale

  398 Pleasant View Dr, Des Moines, IA 50315
• 

  

  /8

  $134,900

  $35K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 648 Sq Ft

  1608 Highview Dr, Des Moines, IA 50315

  1608 Highview presents a fantastic opportunity for buyers seeking a beautifully updated home or a strong investment property in Des Moines. Offered at the remodeled price of $165,000, this property highlights the transformation potential from its original condition into a refreshed, modernized home with added value and appeal. Buyer may participate in final selections if desired.Previously

  Heath Moulton Spire Real Estate

  1608 Highview Dr, Des Moines, IA 50315

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