Des Moines, IA Multifamily Homes & Duplexes for Sale

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  /5

  $339,900

  • Studio
  • 4 Baths
  • 2,492 Sq Ft

  1240 32nd St, Des Moines, IA 50311

  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

  1240 32nd St, Des Moines, IA 50311
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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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  $260,000

  • Studio
  • 2 Baths
  • 2,550 Sq Ft

  1418 8th St, Des Moines, IA 50314

  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

  1418 8th 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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  /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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  /4

  $295,000

  • Studio
  • 6 Baths
  • 4,233 Sq Ft

  717 Franklin Ave, Des Moines, IA 50314

  This cash-flowing 6-unit property features flexible month-to-month tenants and currently generates $3,850 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

  Jeff Downing LPT Realty, LLC

  717 Franklin Ave, Des Moines, IA 50314
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  /15

  $234,000

  • Studio
  • 2 Baths
  • 1,408 Sq Ft

  349 E Rose Ave, Des Moines, IA 50315

  Fantastic opportunity for investors! This turnkey income-producing duplex is fully leased with a current rental certificate, offering immediate cash flow and peace of mind. Each unit features 2 bedrooms and 1 bathroom with separately metered utilities and walkout basements situated on nearly half an acre lot in a quiet neighborhood. Don’t miss this opportunity to add a solid, income-producing

  Ryan Rivera Zealty Home Advisors

  349 E Rose 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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  /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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  /15

  $274,900

  • Studio
  • 4 Baths
  • 2,463 Sq Ft

  518 35th St, Des Moines, IA 50312

  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

  518 35th St, Des Moines, IA 50312
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  /31

  $675,000

  • Studio
  • 8 Baths
  • 8,631 Sq Ft

  2419 Cottage Grove Ave, Des Moines, IA 50311

  Introducing The Cutler Apartments, a historic gem located just blocks from Drake University, Downtown, and Interstate 235, offering unparalleled convenience for residents. This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy 2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space. Great

  Chase Keller CHASE Collective

  2419 Cottage Grove Ave, Des Moines, IA 50311
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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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  /7

  $184,900

  • Studio
  • 2 Baths
  • 2,214 Sq Ft

  1161 21st St, Des Moines, IA 50311

  2+ story top-bottom duplex with both units currently occupied. $1550 monthly gross rent. Unit 1: 2 BR, 1 BA rents at $750/mo. New kitchen cabinet, countertop, sink, faucet, & some fresh paint in Feb. 2025. Unit 2 is a 2 BR, 1 BA with additional finished attic currently being used as a BR that rents at $800/mo. New toilet in BA, new flooring in BA & kitchen, some new light fixtures, and some fresh

  Ingrid L. Roose BHHS First Realty Westown

  1161 21st St, Des Moines, IA 50311
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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

  $299,900

  • Studio
  • 1 Bath
  • 1,872 Sq Ft

  3808 SW 12th St, Des Moines, IA 50315

  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

  3808 SW 12th St, Des Moines, IA 50315
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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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  /35

  $199,900

  • Studio
  • 4 Baths
  • 1,960 Sq Ft

  1464 E 14th St, Des Moines, IA 50316

  Jeffrey Hagel Jeff Hagel Real Estate

  1464 E 14th St, Des Moines, IA 50316
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  /34

  $460,000

  • Studio
  • 6 Baths
  • 5,032 Sq Ft

  1120 23rd St Unit 6, Des Moines, IA 50311

  Ross Quintero Stanbrough Realty Company

  1120 23rd St Unit 6, Des Moines, IA 50311
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  /15

  $330,000

  • Studio
  • 1 Bath
  • 1,768 Sq Ft

  1008 Kingman Cir, Des Moines, IA 50311

  Timothy Schutte EXIT Realty & Associates

  1008 Kingman Cir, Des Moines, IA 50311

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