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$289,900
4 Beds ⋅ 2 Baths ⋅ 745519 MLS
Cute duplex in the Sherman Hills neighborhood! $2490 gross rents. Photos are before current tenants moved in. Owner handles lawn/snow.

757 17th Street, Des Moines

Listing courtesy of Swift Properties LLC.

$259,900
4 Beds ⋅ 2 Baths ⋅ 745517 MLS
Currently rented with long-term tenants of 5 years. Total gross rents currently $2090. Can provide occupied photos upon request.

4511 SE 3rd Court, Des Moines

Listing courtesy of Swift Properties LLC.

$95,000
6340512 MLS
207 - 209 MARIETTA RENTAL PERMIT EXPIRES 10/1/2026 THIS SIDE BY SIDE TWO STORY DETACHED IS AN UNIQUE INVESTMENT OPPORTUITY. 207 MARIETTA OFFERS 2 BEDROOMS, 1 1/2 BATHS, SEPARATE LAUNDRY ROOM, KITCHEN, DINING AND LIVING ROOMS. 209 MARIETTA OFFERS THREE BEDROOMS, LAUNDRY HOOK UP IN KITCHEN, SPACIOUS ROOMS. PROPERTY IS BEING SOLD "AS IS". ANIMALS PRESENT IN BOTH UNITS.

207 Marietta St, Burlington

Listing courtesy of RE/MAX Real Estate Specialists.

$230,000
6340469 MLS

200 E Briggs, Fairfield

Listing courtesy of Mossy Oak Properties Boley Real Estate.

$249,000
26-1506 MLS
Renovated duplex in Historic neighborhood. New kitchen on main level, all new bathrooms. Upper unit offers 1 bedrooms, kitchen, full bath and living room. Lower level offers 3 bedrooms, 1.5 baths, living room and wrap-around front porch. Off street parking and 2-car garage.

148 Glen Ave, Council Bluffs

Listing courtesy of BHHS Ambassador - CB.

$165,000
6340373 MLS
Great investment opportunity! This property features 3 currently rented apartment units, including two 1BR/1BA units and one 2BR/1BA unit. All units are on year leases running December to December, offering consistent rental income. The property includes a garage and basement storage for added convenience. Updates include a roof under 8 years old, newer main-level windows, and a boiler less than 10 years old. Main-floor utilities are paid by the owner and average approximately $206/month. Upper-level utilities are paid by the tenant and average approximately $121/month. Owner pays water, sewer, and trash. All units are currently occupied. Please allow 48-hour notice for showings. Looking to add to your investment portfolio? This 3-unit property is already rented and ready to work for you!

209 N Walnut St, Avoca

Listing courtesy of Realty One Group Sterling - Woodbine.

$190,000
6340370 MLS
Great investment opportunity! This property features 3 currently rented units, including a 1BR/1BA unit down and a 2BR 1 BA unit upstairs in the main house and 1BR/1BA smaller individual house that's 676sf. All units are on year leases running December to December, offering consistent rental income. Updates include a roof under 7 years old, Siding in 2024. It's a Gas furnace & All utilities are metered separately and pd by the tenant. All units are currently occupied. Please allow 48-hour notice for showings. Pics for inside #3 house not available

152 S Walnut St, Avoca

Listing courtesy of Realty One Group Sterling - Woodbine.

$115,000
5 Beds ⋅ 2 Baths ⋅ 744780 MLS
Great investment opportunity with this centrally located duplex in Des Moines! This property features two units: one 3 bedroom, 1 bath unit and one 2 bedroom, 1 bath unit. Both units are equipped with inunit laundry, offering added convenience for tenants. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers excellent potential. Property is being sold as-is.

1448 8th Street, Des Moines

Listing courtesy of Realty ONE Group Impact.

$280,000
6 Beds ⋅ 2 Baths ⋅ 743789 MLS
Well-Maintained All-Brick Duplex with Detached 2-Car Garage. Major updates include a new roof installed in August 2025 and central air conditioning replaced in 2017. Per the owner, each unit offers approximately 500 square feet of finished lower-level space, providing a comfortable family or recreation area along with additional sleeping room, adding flexibility and functionality.Conveniently located near Madison Elementary, this property offers a desirable location for tenants and makes a great addition to an investment portfolio or a future owner-occupied property.

1000 Hoffman Avenue, Des Moines

Listing courtesy of EXP Realty, LLC.

$350,000
6340144 MLS
Step back in time with this spacious 4-5-bedroom historic home in the upper level, full of character and endless potential. This classic property features a traditional floor plan with a welcoming parlor, large living room, formal dining room, one unfinished bedroom, and a generously sized kitchen on the main floor ready for your vision. This home also includes an unfinished basement, offering ample storage or future renovation possibilities, along with a convenient two-car garage. While this home is in need of significant repairs and updates, it presents a rare opportunity for investors, renovators, or anyone looking to restore a piece of history to its former glory. Original architectural details and timeless charm provide a solid foundation for a remarkable transformation. If you're searching for a project with character, space, and the opportunity to create something truly special, this historic home is ready for its next chapter. Call today for a personal tour, this is one you do not want to miss!

222 S Main St, Denison

Listing courtesy of Neppl Real Estate.

$350,000
2 Beds ⋅ 1 Baths ⋅ 744522 MLS
These properties are a great investors dream. Highly maintained inside and out. Each unit has 2 spacious bedrooms, one full bathroom, living and dining areas, with a full kitchen. Nice landscaping on nearly an acre and each has its own 8x10 concrete patio on the back side. Each unit has its own attached garage for total convenience. The area is convenient to Saylorville Lake, Des Moines is just a short 15minutes to the southeast of these properties. All information obtained from seller and public records.

18920 Wendover Avenue, Granger

Listing courtesy of RE/MAX Precision.

$350,000
2 Beds ⋅ 1 Baths ⋅ 744519 MLS
These properties are a great investors dream. Highly maintained inside and out. Each unit has 2 spacious bedrooms, one full bathroom, living and dining areas, with a full kitchen. Nice landscaping on nearly an acre and each has its own 8x10 concrete patio on the back side. Each unit has its own attached garage for total convenience. The area is convenient to Saylorville Lake, Des Moines is just a short 15minutes to the southeast of these properties. All information obtained from seller and public records.

18900 Wendover Avenue, Granger

Listing courtesy of RE/MAX Precision.

$209,000
11865300 MLS
This property offers endless opportunity for buyers!! This property is located in Matlock Iowa and currently was utilized as a grain elevator and grain storage, This property offers so much potential with all the features it presents. This property has great potential for its current use with all its grain storage capacity of one million plus bushels, but this property features many more buildings which could be utilized for a host of multi purposes business uses a elevator, new or existing business's, farmers, recreational storage, and so much more. This property includes an approx. 1120 sf. office building 2 offices reception area and restrooms with septic and basement and also has approx. 1200 sf. attached cold storage area with overhead door. This property also features a weightronix 120,000 LB truck scale with Fairbanks scale control. Also included on this property are several buildings including a approx. 64 x 92 warehouse building with concrete floor, a Approx. 80 x 300 building with concrete floor, a 40 x 260 building with concrete floor. This property also features Approx. 14 concrete grain silos.( Note the sellers discloses that they do not use the North 3 Concrete Silos) This property also feature 2 dump pits and grain legs with receiving capacity of 5000 Bushel and 15000 Bushel per hour grain receiving capacity. This property also has extra potential with a vacant lot located on the east side of the property. The warehouse buildings are not insulated. This property has the potential to store Approx. 1,000,000.00 bushel of grain according to registered grain bin chart. There is a grain dryer on the property that is currently not functional. The sellers prefer to sell the property as one parcel but would consider separate parcel options potentially. The possibilities that this property can offer are unlimited with many options be sure to check it out today!!! Properties of this nature are hard to find. If this property is purchased for a grain facility there are special terms from the seller. Do not miss this property today and be sure to make an appointment to see for your self the potential that it offers. All measurements are from county assessor info and grain chart and are not guaranteed.

495 Ledyard Ave, Matlock

Listing courtesy of .

$190,000
26-1431 MLS
Great investment opportunity! This property features 3 currently rented units, including a 1BR/1BA unit down and a 2BR 1 BA unit upstairs in the main house and 1BR/1BA smaller individual house that's 676sf. All units are on year leases running December to December, offering consistent rental income. Updates include a roof under 7 years old, Siding in 2024. It's a Gas furnace & All utilities are metered separately and pd by the tenant. All units are currently occupied. Please allow 48-hour notice for showings. Pics for inside #3 house not available

152 S Walnut St, Avoca

Listing courtesy of Realty One Group Sterling-Woodbine.

$165,000
26-1430 MLS
Great investment opportunity! This property features 3 currently rented apartment units, including two 1BR/1BA units and one 2BR/1BA unit. All units are on year leases running December to December, offering consistent rental income. The property includes a garage and basement storage for added convenience. Updates include a roof under 8 years old, newer main-level windows, and a boiler less than 10 years old. Main-floor utilities are paid by the owner and average approximately $206/month. Upper-level utilities are paid by the tenant and average approximately $121/month. Owner pays water, sewer, and trash. All units are currently occupied. Please allow 48-hour notice for showings. Looking to add to your investment portfolio? This 3-unit property is already rented and ready to work for you!

209 N Walnut St, Avoca

Listing courtesy of Realty One Group Sterling-Woodbine.

$109,900
6340028 MLS
Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers an excellent opportunity! With tenants already in place, this property provides immediate rental income from day one. The building features three units, including two main-level apartments—an efficiency unit and a one-bedroom unit—and a spacious two-bedroom apartment on the upper level. A new boiler installed in 2025 adds peace of mind for future ownership. Situated on a generous 0.48-acre lot, tenants can enjoy plenty of outdoor space, and the detached double garage offers additional storage or the potential for future rental income, as it has not previously been utilized by tenants. All utilities are currently included in the rent, making this a turnkey investment with room for future value-add opportunities. Don't miss your chance to start—or grow—your real estate portfolio with this solid income-producing property!

403 S 4th Ave E, Lake Mills

Listing courtesy of Realty ONE Group Black Diamond.

$310,000
4 Beds ⋅ 2 Baths ⋅ 744326 MLS
Excellent DUPLEX investment opportunity in the heart of Windsor Heights! Nestled on a quiet, tree-lined street, this ranch-style duplex offers two 2-bedroom, 1-bath units. Each unit features a living room with a cozy fireplace, functional kitchen with oak cabinetry, laminate countertops, and white appliances, plus a full basement for additional storage. Unit 6409 offers an unfinished lower level, while 6411 includes a partially finished lower level with a carpeted family room. The property also features low-maintenance vinyl siding, a newer roof (2020), a shared 2-car detached garage, and additional surface parking. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex presents a fantastic opportunity.

6409 & 6411 Forest Court, Windsor Heights

Listing courtesy of Keller Williams Realty GDM.

$189,000
6339897 MLS
Looking for an investment property that can cash flow immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,200 (Main level - 1 BR $600, 1 BR $700, Upper level - 3 BR $900). Tenants pay for their own utilities. The owner pays for mowing and snow removal. Parts of all three units have been updated within last 24 months with most notably updates to main floor kitchen ('26), upstairs shower, kitchen floor and paint ('26), new windows and renovated third bedroom in upper unit offering more living space. Each unit has a full bath, kitchen with owner-owned appliances, its own electric meter, HVAC system and laundry hookups. The building is well maintained with vinyl siding, metal roof, most of the windows have been replaced, circuit breaker panels, and HVAC systems. Profit/Loss provided upon request.

415 E Main St, Montezuma

Listing courtesy of AE Realty, Inc.

$295,000
6 Beds ⋅ 2 Baths ⋅ 744198 MLS
Investor package 18 units/9 buildings- Nevada, Roland, Baxter 48 hour showing request. Proof of funds required. These properties provide spacious living areas, comfortable bedroom sizes, and practical everyday living with strong appeal for both occupants and rental use. Whether you are looking to expand your portfolio, live in one side and rent the other, or add a low-maintenance property to your investment plans, these duplexes offer flexibility to fit a variety of goals. Convenient community settings with easy access to nearby amenities make these an excellent opportunity for both immediate use and long-term ownership. *inside photos are similar to all units. Each unit is a little different All information obtained from seller and public records.

102 E Walnut Street, Roland

Listing courtesy of RE/MAX Precision.

$504,000
4 Beds ⋅ 2 Baths ⋅ 743899 MLS
Whether you're an investor chasing yield or an owner looking to house hack your way into real estate, 2407 Petsel Place checks every box. This fully remodeled two-story duplex delivers a great cap rate with two income streams built in — a short-term rental upstairs and a long-term tenant downstairs — both units freshly updated in 2025 and ready to cash flow from day one. Location does the heavy lifting here. Situated less than 2 miles from the University of Iowa, UI Hospitals & Clinics, and Kinnick Stadium, this property sits in one of Iowa's most consistent rental corridors — low vacancy, steady demand, and a tenant pool that never dries up. Add a grocery store nearby and direct access to the Iowa City bus line, and you have a property that practically rents itself. Live downstairs, collect rent upstairs — or add it to your portfolio as a standalone acquisition or part of a larger Iowa City package that is currently available.

2407 Petsel Place, Iowa City

Listing courtesy of Realty ONE Group Impact.

$325,000
4 Beds ⋅ 2 Baths ⋅ 743762 MLS
Excellent investment opportunity in the heart of Windsor Heights! Newly remodeled duplex features two units, each offering 2 bedrooms and 1 full bathroom with comfortable living spaces and functional floor plans. A shared 2-car garage provides convenient off-street parking and additional storage. Located near shopping, dining, parks, and major commuter routes, this property is ideal for investors looking to add to their portfolio or owner-occupants seeking rental income potential. Whether you’re a seasoned investor or just getting started, this duplex presents an excellent opportunity for long-term cash flow and appreciation. Don't miss this opportunity to own a solid income-producing property in a desirable location. Can be purchased alone or as part of larger investment portfolio.

1910 63rd Street, Windsor Heights

Listing courtesy of Realty ONE Group Impact.

$169,000
6339662 MLS
Great investment opportunity in this spacious 3-unit property with classic two-story curb appeal, a covered front porch, hardwood floors, original wood trim, large windows, and generous interior living spaces. The two upstairs 1 bedroom/1 bath apartments are currently occupied and rent for $600/month each. The main-level apartment is available to rent or owner-occupy, offering 2 bedrooms, both with en-suite baths, plus large living/dining areas and access to a carport and shared backyard. Utilities are separately metered for each unit and billed individually.

402 W Hempstead Ave, Fairfield

Listing courtesy of Village Realty.

$215,000
4 Beds ⋅ 3 Baths ⋅ 743780 MLS
Looking to house hack? Need space for a multigenerational family? Ready to add another investment property to your portfolio? This versatile brick duplex in the highly sought-after Lower Beaver neighborhood is the opportunity you've been waiting for. Featuring two separately metered units, each with its own furnace, central air conditioning unit, hot water heater, and laundry machines, this property offers flexibility for owner-occupants and investors alike. One unit features 2 bedrooms and 1 bathroom, while the second unit offers 2 bedrooms, 2 bathrooms, and a non-conforming flex room perfect for a home office, workout room, guest space, hobby room, or additional storage. A unique metal spiral staircase leads to the lower level, creating additional living space and character throughout the home. Additional features include front and rear vestibules, a two-car tuck-under garage, and a fully fenced backyard. Located in a quiet, established neighborhood, this duplex offers privacy while remaining conveniently close to shopping, dining, parks, and schools. Both units are currently vacant, providing immediate opportunities for owner occupancy, rental income, or multigenerational living. Set your own rents and maximize the property's potential from day one. All information obtained from seller and public records.

2806 Aurora Avenue, Des Moines

Listing courtesy of RE/MAX Precision.

$270,000
4 Beds ⋅ 2 Baths ⋅ 743681 MLS
Excellent cash-flowing addition to your portfolio in the quiet Indianola Hills neighborhood, just 8 minutes from Downtown Des Moines. Each unit is configured with 2 beds, 1 bath, separate utility meters, and a private, unfinished basement with washer/dryer hookups. Meticulously maintained with recent updates including a newer roof, newer windows, and highly efficient HVAC system

3310 SE 5th Street, Des Moines

Listing courtesy of Keller Williams Realty GDM.

$170,900
4 Beds ⋅ 2 Baths ⋅ 742845 MLS
CALLING ALL INVESTORS THAT WANT TO EXPAND THEIR RENTAL PORTFOLIO! This duplex is being sold additionally to the single family home next door. All three properties are rented and the tenants would be happy to stay. Each unit offers 2 bedrooms, 1 bath, all appliances and their own storage shed. Great location and opportunity!

118 W 11th Street N, Newton

Listing courtesy of Realty ONE Group Impact.

$120,000
6 Beds ⋅ 3 Baths ⋅ 11824647 MLS
The house offers 3 separate apartments - all with separate meters and fully occupied with some long term renters in place. Rents bring in $1400/mo with tenants responsible for all of their utilities. Owner pays for insurance, taxes and lawn/snow removal. A new roof was put on in 2019 - a big capitol improvement you won't have to worry about for many years to come. And, the steel siding makes that maintenance free, too. Lots of off-street parking provided which is a plus for renters and each have their own separate entrance. Kitchen appliances are also included along with window AC units. Owners also have a 4-plex apartment unit available in Audubon.

1006 Main St, Anita

Listing courtesy of .

$89,900
6339264 MLS
Retail business site in the heart of uptown, business with 4 apartments upstairs. Full basement also used for retail. 2 toilet rooms on main floor. Upstairs apartments have 3 fixture baths, kitchenettes, living room/dining room and separate bedrooms. All appliances included. Upstairs does not have central air. Expenses are estimates only. 3 apartments rented for $1300 per month and storefront $500 per month. Landlord pays gas and water.

210 W Montgomery St, Creston

Listing courtesy of R Realty.

$195,000
3 Beds ⋅ 2 Baths ⋅ 742820 MLS
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!

1019/1021 Kirkwood Avenue, Des Moines

Listing courtesy of Pennie Carroll & Associates.

$675,000
6339231 MLS
The Budget Inn 34-unit motel, conveniently located just off Exit 75 of Interstate 80, is perfectly positioned in a high-traffic area that benefits from significant visibility and accessibility. The surrounding environment is vibrant, filled with various businesses, restaurants, and services that cater to travelers and locals alike, making it an ideal spot for a motel. ### Key Features - **Well-Maintained Property**: The motel is in excellent condition, showcasing a commitment to upkeep and cleanliness. Each unit is designed for comfort, equipped with essential amenities to ensure a pleasant stay for guests. - **Operational Ready**: The sale includes all necessary furnishings, equipment, and systems to run the motel efficiently. This means new owners can step in without the need for major investments or renovations. - **Growth Potential**: With its strategic location and the surrounding business activity, there is substantial potential for growth. Opportunities may include: - **Enhanced Marketing**: Targeting business travelers, tourists, and local events. - **Partnerships**: Collaborating with nearby businesses for referral programs or package deals. No guarantee contained information is completely accurate. Any potential buyer should verify the information contained in this description ..

100 5th St, Adair

Listing courtesy of Thomas Realty.

$232,000
4 Beds ⋅ 2 Baths ⋅ 742480 MLS
Nice investment property; live in one unit and rent the other unit . This Duplex has two nicely sized bedrooms in each unit and is in a great area with over 900 sq. ft. of finished area in each.

2030-2032 E Caulder Avenue, Des Moines

Listing courtesy of RE/MAX Concepts.