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River Bend Multifamily Homes & Duplexes for Sale

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  • /12

    $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
  • /35

    $3,400,000

    • Studio
    • 4,233 Sq Ft

    717 Franklin Ave Unit 11, Des Moines, IA 50314

    This portfolio includes 10 multifamily properties and 7 single-family homes. The multifamily portion features 44 total units spread across 10 buildings, all currently occupied on a month-to-month basis. These multifamily units generate an annual gross income of $386,940, with an annual net income of $233,689.The 7 single-family homes collectively produce a gross income of $100,200 and net $54,011

    Jeff Downing LPT Realty, LLC

    717 Franklin Ave Unit 11, Des Moines, IA 50314
  • /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

Why Live in River Bend

River Bend, located less than 2 miles north of downtown Des Moines, is a historic neighborhood along the southern banks of the Des Moines River. The area features a diverse array of homes, from modest ranches and simple foursquare houses to colorful Tudors and grand three-story Victorians, many dating back to the 1870s. The neighborhood's tree-lined streets are arranged in a grid pattern, interspersed with semi-paved alleys, open lots, and a variety of restaurants. While some homes are well-maintained, others are in need of renovation, reflecting the neighborhood's rich history and pride of ownership. Outdoor recreation options include Bates Park, with its mixed-use field, basketball courts, and playground, and Birdland Park, which offers walking trails, a shelter, and a boat launch. The Forest Avenue Community Orchard and Supply Hive Community Garden provide spaces for residents to grow and harvest produce. The Heart of Des Moines Farmers Market, held monthly, features fresh produce, food vendors, live music, and boutique stands. Dining options include Pho 515, known for its Vietnamese cuisine, La Familia Taco Company, and Maggie's Rumble Room, a retro-themed bar. River Bend is served by the Des Moines Independent Community School District, with open enrollment available. Commuting is convenient with access to Interstate 23, 6th Avenue, and the Des Moines Area Regional Transit Authority (DART) bus route. The neighborhood has initiatives like the Violence Interruption Project to support community safety.

Home Trends in River Bend, IA

Housing Trends

Median Sale Price
$545,950
Median Single Family Sale Price
$545,950
Average Price Per Sq Ft
$232
Number of Homes for Sale
4
Last 12 months Home Sales
5
Months of Supply
9.60
Median List Price
$545,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
47%
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