Des Moines, IA Multifamily Homes & Duplexes for Sale

Great duplex! Newly remodeled! Each unit has three bedrooms and one bathroom. Two current tenants that are willing to stay but could be moved. Additional parking in back.

Brandon Johnson RE/MAX Cornerstone

Ross Quintero Stanbrough Realty Company

Well-located 5-unit multifamily in the Drake area offering a rare mix of stability and immediate upside. Quiet building with a solid history of long-term tenancy and consistent performance. The property features four 1-bedroom units and one efficiency, with current rent levels positioned for strong cash flow: Unit 1: $800 Unit 2: $675 Unit 3: $500 Unit 4: $550 Unit 5: $800 Recent system

Shonna Murrey Epique Realty

This is a midcentury build with character on the southern edge of the Highland Park neighborhood. The property includes 3 apartments up with a 4 car garage on the ground floor. A freight elevator is accessible from the garage and serves 3 total floors. The lower level features 1,600 sf of office/retail. The building was formerly a Jewelers with onsite living quarters. A technically advanced and

Connor Delaney White Oak Realty, LLC

Solid, well-maintained duplex that checks the boxes for investors and owner-occupants alike. One unit is vacant and freshly updated with new paint, carpet, and countertops, making it move-in ready for an owner-occupant, a new long-term tenant, or even a short-term rental setup. The second unit is occupied by a long-term tenant, providing built-in stability and immediate income. Each unit offers 2

Neil Timmins Space Simply

Great unit for sale right next to Drake. This 4-plex features 2, 2 bed/1 bath units and 2 1 bed/1 bath units. Tenants pay gas and electric, landlord pays water. Each unit has its own furnace. One unit has central A/C, the other 3 have window A/C. New water line and sewer line. Some units have new LVP, fresh paint and new toilets. All information obtained from seller and public records.

Jonathan Musser RE/MAX Precision

These are 2 purpose built historic 4 plexes in the coveted Waterbury Neighborhood. These 8 units have curb appeal from both Ingersoll Avenue and Polk Boulevard. Both were built in 1916 by the same architect but differ significantly in exterior style and interior character.

Connor Delaney White Oak Realty, LLC

Great investor opportunity! This historic Sherman Hill property was built as a 3-plex in the early1900s. Each floor had a 1,400 sf, two bedroom apartment with a formal dining room, large living room and sunroom. Some original tile and hardwood flooring remain in the building and could be restored. The original fire boxes and chimney remain in the building. The main building has a newer commercial

York Taenzer Iowa Realty Mills Crossing

Duplex is being sold along with duplex next door as a package deal. (See 1312 22nd Street).All information obtained from public and seller records.

Brett Opdahl RE/MAX Precision

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

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

This 6-unit multi-family property is income-producing. All units are rented and monthly rents total $3850/mo. Room for rent increases. Large basement for landlord storage. Huge parking lot. See agent notes for link to proforma info.

Abby Hausmann-Virgil Keller Williams Ankeny Metro

This ranch-style duplex is an excellent investment opportunity, ready to generate cash flow with separate meters for each unit. Each unit features 2 bedrooms, 1 bathroom, and a laundry room complete with washer and dryer included. Bothunits offer an attached 1-car garage and share a large fenced in yard, providing space and privacy for tenants. This property is perfect for investors looking

Dennis Diaz Rodas Century 21 Signature

Now is your opportunity to own a truly unique historic property with strong cash flow potential. Once serving as a fire station and believed to have housed the Southside Library, this mixed-use building offers both character and income—ideal for an owner-occupant or investor. The ground-level commercial space features excellent storefront visibility along a high-traffic corridor with over 17,000

Ryan Rivera Zealty Home Advisors

Such an amazing chance to start or build your investment portfolio. This fully rented multifamily property brings in steady income and has been well maintained. Located centrally with easy access to everything, it is attractive for renters. Must request showing AT LEAST 48 hours in advance.

Sarah Shaffer Realty ONE Group Impact

Duplex in great Beaverdale neighborhood with 2bed 1 bath per side. Rents total $2,200. Electric and gas tenant paid. Water Landlord. Updated roof. Washer and dryer in each unit.

Timothy Schutte EXIT Realty & Associates

This is a built in 1922 beautifully maintained purpose built duplex. It has been updated for efficiency and modern comfort while maintaining it's historic charm. The hardwood floors have been impeccably kept. The owner is putting the finishing touches on a few cosmetic items. We've listed slightly early to beat the cold. It shows very well regardless and will show better still prior to taking

Connor Delaney White Oak Realty, LLC

Well-kept Craftsman duplex in Highland Park- perfect for investors or seeking a low-maintenance property with strong fundamentals. Each unit is separately metered for gas and electric and includes one garage space. The home features new plumbing throughout, a dry basement with recent tuckpointing and laundry that can be shared or split between tenants. Hardwood floors lie beneath the LVP and

Matt Fuelberth Iowa Realty Mills Crossing

The KataLYST Team by KW Commercial is proud toexclusively present 811 16th St. in Des Moines, IA;a well-maintained, historic property in the highlysought-after Sherman Hill neighborhood. Featuringtimeless charm with real hardwood floors, originalbuilt-ins, and solid craftsmanship, this asset offersboth aesthetic appeal and strong fundamentals.Currently operating at a

Jared Husmann Keller Williams Realty GDM

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

Excellent investment opportunity—turnkey duplex with immediate income potential. Each unit offers 2 spacious bedrooms and 1 full bathroom, along with a partially finished basement on both sides, providing added value and flexibility. Ideal for investors seeking a low-maintenance, cash-flow–ready property

Timothy Schutte EXIT Realty & Associates

Great opportunity to invest in this Muti-use building 4 large units with three bedrooms each! The two units in the first level are vacant and contain 3 Beds, 2 bathrooms and Central air. The two apartments in the second level are occupied, rent is charged at $1400 type of leasing agreement is month to month. Rental certificate has been approved by the City of Des Moines for the two apartments

Julia Mena RE/MAX Concepts

Turnkey duplex offering strong cash from from day one! Unit A features 2 bedrooms and 1 full bath, while unit B offers 4 bedrooms and 2 baths - ideal for maximizing rental income. Both units are spacious and well-maintained, making this a perfect addition to any investor's portfolio. Recent updates include a newer roof and siding, reducing future maintenance costs. Tenants enjoy off-street

Jordan Jackson RE/MAX Revolution

Duplex is being sold along with 9 unit building next door as a package deal. (See 1314 22nd Street).All information obtained from seller and public records.

Brett Opdahl RE/MAX Precision

Great investment opportunity with this side-by-side duplex. One unit offers 3 bedrooms and 2 bathrooms, while the other features 2 bedrooms and 2 bathrooms. Both units include unfinished basements with in-unit laundry. Currently fully leased. Situated on a corner lot with a detached two-car garage and fenced yard. Convenient location close to downtown and the airport.

Stephanie Finney Goldfinch Realty Group

Michael Reagan RE/MAX Concepts

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

Well-maintained three-plex featuring one spacious 3-bedroom unit and two 1-bedroom units—ideal for owner-occupants or investors. Major exterior upgrades completed in 2024 include new roofing, siding and gutters, Offering peace of mind and reduced maintenance. Strong rental potential with a versatile unit mix. Great opportunity to add a solid, updated multi-family property to your portfolio.

Briseida Carrillo Ceniceros EXP Realty, LLC