With NINE total bedrooms and 4 bathrooms, this is a turnkey investment opportunity nestled on a nearly half-acre lot on Des Moines' desirable northwest side! Offering an impressive amount of living space, this property combines modern updates with functional layouts and endless possibilities. Recent improvements throughout both units include new luxury vinyl plank flooring, new carpet, fresh paint, and updated vanities in most bathrooms. The exterior features newer vinyl siding, recent foundation work, separate driveways for each side, and a detached two-car garage. The 2525 side offers 4 bedrooms and 2 bathrooms, along with a versatile upper-level bonus space featuring beautiful hardwood floors - perfect for a playroom, home office, hobby space, or additional living area. The 2527 side includes 5 bedrooms and 2 bathrooms and features a recently updated kitchen. Inside the front entrance, each unit has its own dedicated mudroom closet storage, creating a practical and welcoming entryway. The expansive lot provides plenty of room to enjoy outdoor activities, gardening, or simply the privacy that comes with extra space. Whether you're looking for a multi-generational living arrangement, owner-occupancy with additional income potential, or a one-of-a-kind rental property, this duplex has it all. It's a rare opportunity! All information obtained from seller and public records.
This well-sized 2-bedroom, 1 bath walkout duplex is ideally located just off E McKinley Ave in a desirable South Des Moines neighborhood. Both units are currently rented at $1,200/month, offering immediate income. Tenants are responsible for all utilities-including water, sewer, storm water, gas, and electric, as well as snow removal and lawn care, helping keep expenses low. Conveniently located near shopping, dining, and everyday essentials, just minutes from downtown Des Moines. Recent updates/features include a new roof in 2021, 815 unit water heater replaced in 2022 & New AC and Furnace in 2023. Their is adequate parking and rental certificate is good til Aug 10th, 2027. This property offers strong potential for investors looking to enhance value and maximize returns in a prime location. All information obtained from seller and public records.
If you're looking for a duplex portfolio, this is your chance! 707 & 715 E. McKinley Ave. are located side by side, making management and maintenance much more efficient for an investor. Per the seller, all four units offer 3 bedrooms with additional finished basement sq footage. The combined gross monthly income for both duplexes is $4,893. Tenants are responsible for all utilities, including water, sewer, storm water, gas, electric, lawn care, and snow removal, helping keep operating expenses low. The owner is responsible for snow removal of the parking areas due to the shared driveways. 715 New furnace & Ac (2023) & 717 water heater replaced (2024). Conveniently located near shopping, dining, and everyday amenities, these properties offer strong rental appeal. Additional features include spacious backyards, walkout basements, and functional floor plans. This investment presents excellent upside potential for investors looking to enhance value and maximize returns. Also available from the same owner are 801, 807 and 815 E. McKinley Ave., creating the opportunity to acquire a larger multifamily portfolio. All information obtained from seller and public records.
Calling All Investors! This duplex is a fantastic opportunity to start your rental portfolio or add two income-producing doors to your existing investments. Conveniently located near a bus line with a short commute to downtown, the property is also close to MacRae Park and Lincoln High School. The main-level unit features two bedrooms, one bath, a full kitchen, and additional storage space in the lower level. This unit also enjoys access to a detached two-car garage. Upstairs, the cozy and efficient one-bedroom unit offers comfortable living with a practical layout. All appliances are included in both units, making the transition easy for the next owner. Major updates provide peace of mind, including low-maintenance siding, a new roof (2025), and new HVAC system (2025), creating a near turnkey investment opportunity. The property has a history of long-term tenants who are currently in good standing. Lovingly maintained by the same family for many years, this income-producing property is ready for its next chapter. Whether you're a first-time investor or looking to expand your portfolio, this is an opportunity you won't want to miss!
If you're looking for a duplex portfolio, this is your chance! 801 & 807 E. McKinley Ave. are located side by side, making management and maintenance much more efficient for an investor. Per the seller, all four units offer 3 bedrooms with additional finished basement sq footage and are located just off E. McKinley Ave in a desirable South Des Moines neighborhood. The combined gross monthly income for both duplexes is $4,830. Tenants are responsible for all utilities, including water, sewer, storm water, gas, electric, lawn care, and snow removal, helping keep operating expenses low. The owner is responsible for snow removal of the parking areas due to the shared driveways. 803 has new furnace & AC (2022). Conveniently located near shopping, dining, and everyday amenities, these properties offer strong rental appeal. Additional features include spacious backyards, walkout basements, and functional floor plans. This investment presents excellent upside potential for investors looking to enhance value and maximize returns. Also available from the same owner are 707, 715, and 815 E. McKinley Ave., creating the opportunity to acquire a larger multifamily portfolio. All information obtained from seller and public records.
Fantastic investment opportunity on sought-after Kingman Blvd! This well-maintained all-brick triplex features a vacant 2-bedroom main-floor unit, perfect for an owner-occupant or tenant. The upper levels offer a 2-bedroom unit and a 1-bedroom unit, providing excellent income potential. Shared laundry and basement storage add convenience, and the City of Des Moines rental certificate is valid through January 2027. Prime location close to downtown, shopping, dining, and public transportation. Whether you're expanding your portfolio or looking to house hack in a premier location, this Kingman Boulevard triplex is a must-see.
Nice investment property as you can live in one side and rent the other unit . This Duplex is in a great area and has over 900 sf finish area on each unit.
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 remaining units need substantial work - walls, flooring, kitchens and baths. Priced to reflect condition. Two attached garage spaces and two detached. Laundry hookups on main floor and in basement. Seven utility meters. Bank owned and selling in AS IS condition. Cash or conventional financing appropriate to condition of home. Call your agent to schedule a showing.
$2975/mo rent on this classic two-story 4plex multifamily. Inside, you'll find 4 fully independent units, each with its own separate electric meters turnkey rental appeal to investors or owner-occupied househacker. New gutters and roof in the last few years! Two units feature 1 bedroom and 1 bath with updated kitchens and gleaming hardwood floors that give each space a warm, inviting feel. The other two units are 2 bedrooms, a flexible den perfect for a home office, and 1 bath — offering premium rental appeal. Natural light flows through each unit beautifully, and upstairs tenants enjoy stepping out onto a private deck overlooking the neighborhood. Situated near Drake University, major medical centers, schools, shopping, dining, and convenient metro commuter routes, this property falls within the InvestDSM revitalization zone — supporting long-term, mid-term, or short-term rental strategies. Separate utility meters keep expenses clean and predictable. An income-producing property with timeless character in a high-demand Des Moines location.
Discover this truly exceptional, one-of-a-kind duplex, a rare opportunity you simply cannot afford to miss. Spanning over 3,300 square feet, this stunning property seamlessly blends historic charm with original architectural details, creating a warm and inviting atmosphere throughout. Each side of the duplex offers unique features and spacious living. The first unit boasts two generously sized bedrooms and a beautifully updated bathroom. One of the bedrooms opens directly onto a private rooftop deck, an urban oasis that, in summer, is enveloped by lush, mature trees, making it feel like your very own tree house retreat. The second unit offers three comfortable bedrooms, a full bath, and an additional half bath for added convenience. Both residences feature expansive kitchens that flow into separate dining rooms, perfect for entertaining friends and family. Gleaming original hardwood floors run throughout both units, adding character and warmth to every room. Located just one block from vibrant Union Park, this home places you steps away from exciting new developments, excellent restaurants, and a thriving community atmosphere. Don’t let this incredible opportunity slip away. Contact your favorite agent today to arrange a private tour and experience all this remarkable duplex has to offer.
Investor opportunity featuring a duplex and single-family home situated on one parcel in South Des Moines. The front bungalow offers updated flooring, neutral paint tones, abundant natural light, two bedrooms, an updated full bathroom, functional kitchen space, basement storage, and detached garage access. The additional residence on the property provides added flexibility and income potential, making this a great option for investors or owner-occupants looking to offset expenses. Conveniently located near parks, schools, shopping, dining, downtown Des Moines, and major commuter routes. Property offers versatility, functionality, and strong investment potential in an established neighborhood.
This well-maintained, income-producing 5 plex is currently 100% occupied with several long-term tenants. Each unit features a functional 2-bedroom, 1-bathroom layout and comfortable living spaces. Situated just off NE 14th, the property offers off-street parking and convenient access to downtown, shopping, dining, and major roadways. This property solid addition to any real estate portfolio. Whether you are a seasoned investor or just starting out, this 5 plex has great income potential from day one.
Rare investment opportunity in the highly desirable Kingman neighborhood of Des Moines. A 5 unit property with assigned off street parking for each unit. Additionally there is a detached car garage for further potential rental income. The units have been well updated, including 200 amp service metered to each unit, fresh paint, carpet, and the majority of the hardwood flooring being refinished. Current rental rates are: Unit 1 (occupied) $1050. Unit 2 (occupied) $795. Unit 3 (Occupied) Published rate $695. Unit 4 (occupied) $820. Unit 5 (occupied) $595. This is a perfect combination of a well maintained and highly marketable rental property that still has room for future revenue enhancing improvements.
Well-maintained and income-producing duplex offering a fantastic opportunity for both seasoned investors and those looking to get started in real estate. Each unit offers a functional layout with comfortable living spaces, making it appealing for long-term tenants. This property has been consistently cared for, giving buyers confidence in a low-maintenance investment from day one. Whether you’re looking to expand your portfolio or secure a reliable rental property, this duplex checks all the boxes. Conveniently located with easy access to downtown Des Moines, shopping, dining, and major roadways. Don’t miss your chance to own a solid, well-kept multi-family property with great income potential.
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 inviting living areas that make it easy to attract and retain renters. The property provides solid rental demand in the area, with room to increase value over time. Conveniently located near downtown, shopping, and major roads. Whether you're expanding your portfolio or getting started in real estate, this is a great opportunity to own an income-producing property with long-term upside. updated mechanicals and new roof/facia and soffits. Current rental certificate.
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, dining, and major employers, this area supports strong rental demand. Separate utilities already in place add to the investment appeal. Ideal for fix-and-hold for portfolio expansion. Opportunities like this fully vacant and ready for improvements are hard to find. Contact for details and potential rental projections.
Great opportunity to own a fully updated 3-unit property featuring a duplex plus a separate single-family home—ideal for investors or owner-occupants looking to house hack. The property includes two 2-bedroom units and one 1-bedroom unit, offering a strong unit mix with great rental appeal. All units have been extensively updated, including kitchens, bathrooms, flooring, paint, siding, and roof—making this a truly turnkey investment. Live in one unit while the others help offset your mortgage, or add a solid, income-producing property to your portfolio. A current rental certificate is already in place, so you can start generating income right away. Don’t miss this opportunity to own a versatile, updated multi-family property with excellent cash-flow potential!
Properties along the Grand Ave corridor rarely become available, making this an exceptional investment opportunity in the heart of the highly desirable Grand Avenue corridor. Located along historic Grand Avenue in Des Moines, 7 units in this multi-family property offers strong income potential in one of the city's most established and sought-after neighborhoods. The property benefits from excellent visibility, mature tree-lined streets, and proximity to downtown, Ingersoll dining, retail, cultural attractions and major employment centers. Tenants are drawn to the character, charm, and convenience this corridor consistently delivers. This well-maintained multi-family building all units have been recently remodeled presents immediate cash-flow possibilities.
Two homes on one lot—ideal investment or house hack opportunity! Property includes 1987 & 1989 SW 1st St. 1987 is a 1.5 story featuring 2 bedrooms, 1 bath, and is currently vacant—move-in or rent-ready for immediate occupancy (currently being advertised for rent at $1,100). 1989 offers 1 bedroom, 1 bath and is currently tenant occupied, providing instant rental income (current rent is $850). Separate living spaces allow flexibility for owner-occupants or investors looking to maximize cash flow. Convenient location with easy access to downtown, major roads, and amenities. Great opportunity to live in one unit while the other helps offset your mortgage or add to your portfolio with a turnkey income-producing property.
Calling all investors! This turnkey multifamily is ready to pass to new owners after 20 years. The over 4,000 finished sqft offers 5 units: four 1 bedroom & one 2 bedroom with total rent roll potential for all 5 units near $6,000. Owner's apartment is stunning and completely remodeled with gorgeous hardwood floors, quartz counters paired with gorgeous backsplash & new cabinets & sink. Hall leads past a beautiful bathroom to the bedroom with walk-in closet. You will love the custom clothing unit/shelving. Newer windows, designer light fixtures, top of the line stainless appliances are just a few of the perks of the owner's unit. Storage is available in the 2+car attached garage and lower level. Coin laundry serves the tenants well. Parking is provided by on-street & off street. This location is amazing in the heart of the Waterbury neighborhood with-in walking distance to public transportation and minutes to the "Avenues" of Ingersol and Grand for shopping and restaurant experiences. This is an easy commute to downtown and I-235 to the suburbs. Add this gem to your investment portfolio!
Investor special in Des Moines! Duplex opportunity at 3509 & 3511 priced to move and ready for your value-add strategy. Whether you're looking to renovate, reposition, or expand your rental portfolio, this property offers strong upside potential. Each unit features a functional layout with solid bones, ideal for investors looking to add value through updates and improvements. Separate units provide multiple income streams and flexibility. Located in a high-demand rental area with convenient access to major employers, shopping, and transportation. With the right vision, this duplex offers excellent potential for long-term performance.
This duplex offers a fantastic investment opportunity with strong cash flow potential. Featuring one 2 bedroom unit and one 3 bedroom unit, this property provides flexibility and solid rental appeal. Tenants will appreciate the ample off street parking and convenient alley access. Centrally located with easy access to downtown and the entire metro, it is ideally positioned for consistent demand. Projected rental income of $1800 per month makes this a great addition to any investment portfolio.
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 area & lovely kitchen. The inclusion of a basement adds a 3rd bedroom, storage & laundry space. *UPPER UNIT* The upstairs unit offers privacy & convenience. This apartment has separate or joint access & is perfect for renting out or could be utilized as an in-law suite. It has a full kitchen, bedroom, bath & private deck. *FLEXIBILITY FOR ALL NEEDS* The unique structure of this property allows for both units to be either combined into a single family home or separated for rental income. One car tuck under garage & plenty of private parking!
This well-sized 3-bedroom, 1.5-bath walkout duplex is ideally located just off McKinley Ave in a desirable South Des Moines neighborhood. Both units are currently rented at $1,200/month, offering immediate income. Tenants are responsible for all utilities-including water, sewer, storm water, gas, and electric, as well as snow removal and lawn care, helping keep expenses low. Conveniently located near shopping, dining, and everyday essentials along SE 14th St, with easy access to Gray's Lake Park and Water Works Park, and just minutes from downtown Des Moines. Recent updates/features include a new roof in 2020, newer windows and water heater replaced in 2023. Additional features include a bedroom and 1/2 bathroom in basement, a spacious backyard, and a functional layout. This property offers strong potential for investors looking to enhance value and maximize returns in a prime location. All information obtained from seller and public records.
This well-sized 3-bedroom, 1-bath walkout duplex is ideally located just off McKinley Ave in a desirable South Des Moines neighborhood. Both units are currently rented at $1,200/month, offering immediate income. Tenants are responsible for all utilities-including water, sewer, storm water, gas, and electric, as well as snow removal and lawn care, helping keep expenses low. Conveniently located near shopping, dining, and everyday essentials along SE 14th St, with easy access to Gray's Lake Park and Water Works Park, and just minutes from downtown Des Moines. Recent updates include a new roof in 2020 and water heaters replaced in 2023 and 2012. Additional features include a basement toilet in unit 1024, a spacious backyard, and a functional layout. This property offers strong potential for investors looking to enhance value and maximize returns in a prime location. All information obtained from seller and public records.
Des Moines is located in Iowa. Des Moines, Iowa has a population of 213,545. Des Moines is less family-centric than the surrounding county with 28.89% of the households containing married families with children. The county average for households married with children is 34.53%.
The median household income in Des Moines, Iowa is $58,444. The median household income for the surrounding county is $73,015 compared to the national median of $69,021. The median age of people living in Des Moines is 34.2 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 35.9 inches per year, with 32.9 inches of snow per year.
