Des Moines, IA Multifamily Homes & Duplexes for Sale

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

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

Great cash flow opportunity in this perfectly located nice and well managed 4plex in the Heart of Des Moines, minutes to downtown. With this building being almost 4000 square feet, the units are very spacious! You have 2, 2bedroom 1 bath units. And 2, 1 bed 1 bath units. Tenants pay utilities with sperate meters. Each unit has its own separate, central air. Enjoy some recent updates fresh paint,

Gilbert Gonzales RE/MAX Precision

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

Here’s a great opportunity to own a 5-unit property just steps from the Iowa State Fairgrounds — a setup that doesn’t come along often. You’ll find a 4-plex plus a detached single-family home on one lot, giving you multiple income streams and plenty of flexibility. The property currently brings in $3,750/month in rent (units at $650, $650, $650, $850, and $950). The two upstairs units are

Jake Escher RE/MAX Real Estate Center

Great investment opportunity with this renovated four plex. Recent upgrades including a new roof, mini-split heating and cooling systems, furnace, water heater, sewer line, and water line ensure low maintenance. Each unit has been updated recently. Whether you're a seasoned investor or new to real estate, this turnkey property offers the perfect opportunity to capitalize on the high demand for

Kyle Clarkson LPT Realty, LLC

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

Beautifully converted and fully renovated 5 plex in the coveted Sherman Hill neighborhood. This property has been modernized to a high quality standard while maintaining its historic charm. The landlords have spared no expense and it shows.

Connor Delaney White Oak Realty, LLC

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

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

***CONTRACT TERMS AVAILABLE*** Discover the potential of this updated multi-family property, perfectly situated just a stone's throw away from downtown and within walking distance to the local elementary school. This versatile investment features a spacious 3-bedroom, 1-bathroom unit on the main level, ideal for families seeking comfort and convenience. The upper-level boasts a cozy 2-bedroom,

Matt Hennig Platinum Realty LLC

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

Investment Opportunity in Historic Sherman Hill offering total of 17 units. Rare chance to own a fully remodeled multi-unit property in one of the city’s most desirable neighborhoods. The three-story apartment building was historically remodeled in 2022 w new framing, plumbing, electric, and all interior finished. This building offers 15 units: 9 one-bedroom, 3 two-bedroom, and 3 studio

Timothy Schutte EXIT Realty & Associates

Fully refreshed from top to bottom with new LVP flooring, fresh paint, new carpet, and new appliances, this duplex is move-in ready for tenants or an ideal house-hack. The owner also added central air to both units for year-round comfort. Unit 1 is on the main level and has an open floor plan with dining area that consists of 2 bedroom, 2 bathrooms. Unit 2 is on the 2nd and 3rd floor and

Jeffrey Horner Gillum Group Real Estate LLC

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

This solid duplex is the perfect opportunity for both investors and house hackers. One side is freshly updated with new paint, carpet, and countertops, ready for immediate occupancy. The other side has been home to the same tenant since 1994, providing stable income at $855 mo through Oct 2027. Each unit features: Spacious living areas with 2 bedrooms and 1 full bath Full basements, offering

Cy Phillips Space Simply

Complete remodel ready for new tenants. Potential is endless with this all brick solid duplex. Detached 2 car garage with tons of extra storage. Easy to show!

Bradley Johnson Keller Williams Legacy Group

Turnkey duplex offering strong cash flow 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

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.

Theodore Craig Developers Realty Group LLC

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

4-Plex in PRIME location right between Grand and Ingersoll Avenues! Don't miss this opportunity! 4 Units include two 2-BRs, one 1-BR, and 1 studio. Recent cosmetic updates such as neutral paint, flooring, and some kitchen and BA updates provide a fresh look and feel to the units! Each unit features a kitchen with fridge and stove. Coin laundry on site. Parking lot behind building provides plenty

Beth Ernst Keller Williams Realty GDM

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

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

Brick ranch side by side duplex. Each unit 2 bedrooms, 1 full bath. Full unfinished bsmt. Very good condition. Property sits off of SW 12th, back west between 2 properties. Very private.

Steve Nissly RE/MAX Concepts

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

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

Ross Quintero Stanbrough Realty Company

Timothy Schutte EXIT Realty & Associates

Michael Reagan RE/MAX Concepts

Welcome to 6620 Boston Avenue in Urbandale — a rare opportunity to own a beautifully updated ranch duplex with walkout basements and impressive income potential. This versatile property includes 6 total bedrooms and offers the perfect setup for house hacking, long-term rental investment, or turnkey cash flow right from closing. One side is currently vacant and move-in ready, giving you the option

Jayce Schorn-Pedro RE/MAX Real Estate Center