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This 6-unit multi-family property is income-producing. All units are rented and monthly rents total $4120/mo. Room for rent increases. Large basement for landlord storage. Huge parking lot. See agent notes for link to proforma info. All units have only one tenant currently, so landlord expenses are low. Individual rents: #1 $650 #2 $870 #3 $750 #4 $650 #5 $600 #6 $600

11 Beds ⋅ 6 Baths ⋅ 727975 MLS

This 6-unit multi-family property is income-producing. All units are rented and monthly rents total $4120/mo. Room for rent increases. Large basement for landlord storage. Huge parking lot. See agent notes for link to proforma info. All units have only one tenant currently, so landlord expenses are low. Individual rents: #1 $650 #2 $870 #3 $750 #4 $650 #5 $600 #6 $600

717 Franklin Avenue, Des Moines

Listing courtesy of Abby Hausmann-Virgil with Keller Williams Ankeny Metro

$599,000

INVESTOR ALERT! What an opportunity!! This listing includes 3 separate 5 Bedroom 4 Bath homes (101,102 & 105 Kelly's Ct.) all former assisted living facilities ready to be transformed into your dream investment. All 3 buildings are the same layout and very similar inside. Unique Investment Opportunity – 3-Building Former Assisted Living Facility next to the Waldorf University campus Don’t miss this rare opportunity to own a multi-building property with endless potential! Formerly operated as an assisted living facility, this property features three separate buildings situated on a spacious cul-de-sac, providing privacy and convenience. With a large paved parking lot and room for expansion or redevelopment, the layout is ideal for a variety of uses—senior housing, multifamily conversion, group living, rehabilitation center, office complex, or other institutional or residential purposes (subject to zoning). The property covers the entire cul-de-sac, offering maximum accessibility and presence. Each building includes multiple rooms, common areas, restrooms, and kitchen facilities designed for residential care, with infrastructure already in place to support similar operations. Bring your vision and transform this one-of-a-kind property into your next successful venture!

15 Beds ⋅ 12 Baths ⋅ 6332628 MLS

INVESTOR ALERT! What an opportunity!! This listing includes 3 separate 5 Bedroom 4 Bath homes (101,102 & 105 Kelly's Ct.) all former assisted living facilities ready to be transformed into your dream investment. All 3 buildings are the same layout and very similar inside. Unique Investment Opportunity – 3-Building Former Assisted Living Facility next to the Waldorf University campus Don’t miss this rare opportunity to own a multi-building property with endless potential! Formerly operated as an assisted living facility, this property features three separate buildings situated on a spacious cul-de-sac, providing privacy and convenience. With a large paved parking lot and room for expansion or redevelopment, the layout is ideal for a variety of uses—senior housing, multifamily conversion, group living, rehabilitation center, office complex, or other institutional or residential purposes (subject to zoning). The property covers the entire cul-de-sac, offering maximum accessibility and presence. Each building includes multiple rooms, common areas, restrooms, and kitchen facilities designed for residential care, with infrastructure already in place to support similar operations. Bring your vision and transform this one-of-a-kind property into your next successful venture!

101 Kellys Ct, Forest City

Listing courtesy of with Iowa Home & Land Realty

$1,575,000

This stunning 11,000 sq ft Mediterranean-style estate seamlessly blends luxury, comfort, and sustainability on a private 3-acre lot. The open floor plan features exquisite hardwood floors throughout, an updated kitchen with quartz countertops, stainless steel appliances, and a spacious walk-in pantry. The home boasts two main-level suites with attached baths, four generously sized upper-level bedrooms, and a theater and game room for ultimate relaxation. The 3,500 sq ft basement is a blank canvas, ready to be transformed to suit your needs, while six fireplaces and heated floors in the basement and garage add warmth and comfort. Designed with eco-conscious living in mind, this net-zero home features high-level insulation, airtight construction, a durable metal roof, and energy-efficient Endur insulated windows. Geothermal heating and cooling, along with a greenhouse generating renewable energy, further enhance the home's sustainability. Offering unparalleled elegance and environmentally friendly design, this estate is a rare find. All information obtained from seller and public records.

6 Beds ⋅ 8 Baths ⋅ 726490 MLS

This stunning 11,000 sq ft Mediterranean-style estate seamlessly blends luxury, comfort, and sustainability on a private 3-acre lot. The open floor plan features exquisite hardwood floors throughout, an updated kitchen with quartz countertops, stainless steel appliances, and a spacious walk-in pantry. The home boasts two main-level suites with attached baths, four generously sized upper-level bedrooms, and a theater and game room for ultimate relaxation. The 3,500 sq ft basement is a blank canvas, ready to be transformed to suit your needs, while six fireplaces and heated floors in the basement and garage add warmth and comfort. Designed with eco-conscious living in mind, this net-zero home features high-level insulation, airtight construction, a durable metal roof, and energy-efficient Endur insulated windows. Geothermal heating and cooling, along with a greenhouse generating renewable energy, further enhance the home's sustainability. Offering unparalleled elegance and environmentally friendly design, this estate is a rare find. All information obtained from seller and public records.

7217 NW 107th Street, Johnston

Listing courtesy of Chris Kew with RE/MAX Precision

$410,000

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 that are occupied.

12 Beds ⋅ 6 Baths ⋅ 725835 MLS

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 that are occupied.

1372 E 12th Street, Des Moines

Listing courtesy of Julia Mena with RE/MAX Concepts

$1,299,000

Where Luxury, Rural, and Convenience Meet: A Work of Art Warren County, Iowa Estate PC is pleased to present 13426 169th Ln in Indianola, IA. Crafted by Downing Construction and updated with modern finish, this property sits on 5.42-ac of Marywood Lakes, 20mi from DM. The estate seamlessly blends rural IA living with modern lux, promising a living experience unlike any other. Built on a double lot and accessed by 2 private lanes, this secluded property is framed by beautiful oak and hickory hardwood timber. The home was built with no stone left unturned, showing through timeless design and high-end features, totaling 8,896 sf of expansive living space. The main level features great room with floor-ceiling stone fireplace and an elegant dual stairway to upper. Remarkable kitchen w/ 2x islands, Borts cabinets, Viking & SubZero appliances, walk-in pantry. 4 additional gathering areas include dining, hearth room, grill, wine tasting rooms. The tremendous primary boasts sitting area, fireplace, ideal bath & closet, hidden access to a lookout on roof. Upper features 3 bed, 2 bath, including a Jack n Jill, and 2nd-level deck. Lower living area offers a wet bar, movie, hunting, workout room, a bedroom, and storage. 4-car garage, excellent patio, secluded by hardwoods, w/ room to build a shop. Enjoy access to a 57-ac private lake w/ bass, crappie, bluegill. It is unlikely that you will ever build a home of this quality and stature for what you can buy it for today.

5 Beds ⋅ 6 Baths ⋅ 720639 MLS

Where Luxury, Rural, and Convenience Meet: A Work of Art Warren County, Iowa Estate PC is pleased to present 13426 169th Ln in Indianola, IA. Crafted by Downing Construction and updated with modern finish, this property sits on 5.42-ac of Marywood Lakes, 20mi from DM. The estate seamlessly blends rural IA living with modern lux, promising a living experience unlike any other. Built on a double lot and accessed by 2 private lanes, this secluded property is framed by beautiful oak and hickory hardwood timber. The home was built with no stone left unturned, showing through timeless design and high-end features, totaling 8,896 sf of expansive living space. The main level features great room with floor-ceiling stone fireplace and an elegant dual stairway to upper. Remarkable kitchen w/ 2x islands, Borts cabinets, Viking & SubZero appliances, walk-in pantry. 4 additional gathering areas include dining, hearth room, grill, wine tasting rooms. The tremendous primary boasts sitting area, fireplace, ideal bath & closet, hidden access to a lookout on roof. Upper features 3 bed, 2 bath, including a Jack n Jill, and 2nd-level deck. Lower living area offers a wet bar, movie, hunting, workout room, a bedroom, and storage. 4-car garage, excellent patio, secluded by hardwoods, w/ room to build a shop. Enjoy access to a 57-ac private lake w/ bass, crappie, bluegill. It is unlikely that you will ever build a home of this quality and stature for what you can buy it for today.

13426 169th Lane, Indianola

Listing courtesy of Jake Sickels with Peoples Company

$1,995,000

Step into unmatched luxury at 4408 Cochrane Parkway in Ames, an extraordinary estate offering over 12,000 finished sq ft of thoughtfully designed living space on a 1.5-acre private lot. This one-of-a-kind ranch-style home with an upper loft blends elegance, comfort, and function in every detail. Soaring high ceilings and expansive rooms welcome you in, while massive bedrooms provide private retreats throughout. The home features two full kitchens, including an entertainer's kitchen with top-tier appliances and abundant prep space, plus a formal dining room perfect for gatherings. The upper loft makes an ideal home office, library, or quiet study with views over the main living space. Unwind or entertain in true resort fashion with an indoor pool and hot tub, a home theater, and a wet bar on the lower level. Wellness is built in with a fully outfitted home gym, while outdoor living is elevated with a covered patio and exterior kitchen, all surrounded by mature trees offering serene privacy. This rare offering is a private retreat and entertainer's dream luxurious, expansive, and set in one of Ames most desirable neighborhoods. All information obtained from seller and public records.

6 Beds ⋅ 6 Baths ⋅ 718162 MLS

Step into unmatched luxury at 4408 Cochrane Parkway in Ames, an extraordinary estate offering over 12,000 finished sq ft of thoughtfully designed living space on a 1.5-acre private lot. This one-of-a-kind ranch-style home with an upper loft blends elegance, comfort, and function in every detail. Soaring high ceilings and expansive rooms welcome you in, while massive bedrooms provide private retreats throughout. The home features two full kitchens, including an entertainer's kitchen with top-tier appliances and abundant prep space, plus a formal dining room perfect for gatherings. The upper loft makes an ideal home office, library, or quiet study with views over the main living space. Unwind or entertain in true resort fashion with an indoor pool and hot tub, a home theater, and a wet bar on the lower level. Wellness is built in with a fully outfitted home gym, while outdoor living is elevated with a covered patio and exterior kitchen, all surrounded by mature trees offering serene privacy. This rare offering is a private retreat and entertainer's dream luxurious, expansive, and set in one of Ames most desirable neighborhoods. All information obtained from seller and public records.

4408 Cochrane Parkway, Ames

Listing courtesy of Chris Kew with RE/MAX Precision

206 and 212 NW Walnut Street, Bridgewater

$395,000

New Price ~ This well-maintained multifamily property features a 4-unit and 6-unit brick apartment complex on a spacious 0.83-acre lot. The portfolio includes eight 2-bedroom units and two 1-bedroom units, offering stable income with a strong 10% cap rate. Recent upgrades include newer roofs, soffit, fascia, gutters, 31 new windows, and the removal of five trees for improved property aesthetics. Units have seen varying levels of renovation, ensuring minimal capital improvements for the new owner. On-site laundry currently offered free—convert to coin-operated or tenant-billed utilities to increase revenue. Value-add potential through rent increases and utility optimization makes this a smart buy for any investor looking to grow their portfolio in a quiet, stable market.

18 Beds ⋅ 10 Baths ⋅ 718083 MLS

New Price ~ This well-maintained multifamily property features a 4-unit and 6-unit brick apartment complex on a spacious 0.83-acre lot. The portfolio includes eight 2-bedroom units and two 1-bedroom units, offering stable income with a strong 10% cap rate. Recent upgrades include newer roofs, soffit, fascia, gutters, 31 new windows, and the removal of five trees for improved property aesthetics. Units have seen varying levels of renovation, ensuring minimal capital improvements for the new owner. On-site laundry currently offered free—convert to coin-operated or tenant-billed utilities to increase revenue. Value-add potential through rent increases and utility optimization makes this a smart buy for any investor looking to grow their portfolio in a quiet, stable market.

206 and 212 NW Walnut Street, Bridgewater

Listing courtesy of Stephen Patel with Pella Real Estate Services

$615,000

Discover this stunning executive home in Albia, Iowa, set on over an acre of beautifully landscaped grounds. With 7,000+ square feet, this impressive residence features 5 spacious bedrooms and 6.5 bathrooms. The grand entrance welcomes you with hardwood floors and high ceilings, leading to a formal dining room and a cozy living area with an electric fireplace. The open-concept kitchen boasts a 14-foot quartz island, custom Amish cabinetry, and a walk-in pantry. Enjoy outdoor activities on a charming back patio or retreat to the luxurious primary suite with a spa-like ensuite bathroom. The versatile loft and expansive basement offer further living options, including a gym, craft room, and theater. Conveniently located near the town square and high school, this property combines community access with tranquil living. For those interested in touring this magnificent home or with further inquiries, call today! *Please note, the listing agent is related to the seller.*

5 Beds ⋅ 7 Baths ⋅ 6327026 MLS

Discover this stunning executive home in Albia, Iowa, set on over an acre of beautifully landscaped grounds. With 7,000+ square feet, this impressive residence features 5 spacious bedrooms and 6.5 bathrooms. The grand entrance welcomes you with hardwood floors and high ceilings, leading to a formal dining room and a cozy living area with an electric fireplace. The open-concept kitchen boasts a 14-foot quartz island, custom Amish cabinetry, and a walk-in pantry. Enjoy outdoor activities on a charming back patio or retreat to the luxurious primary suite with a spa-like ensuite bathroom. The versatile loft and expansive basement offer further living options, including a gym, craft room, and theater. Conveniently located near the town square and high school, this property combines community access with tranquil living. For those interested in touring this magnificent home or with further inquiries, call today! *Please note, the listing agent is related to the seller.*

617 B Ave E, Albia

Listing courtesy of with Hawkeye Farm Mgmt & Real Estat

$159,900

Here is a great cash flowing 7 unit building near square in Greenfield, 5 long term tenants, coin laundry on main floor, 2 units have been updated along with a brand new roof. Agent has interest.

7 Beds ⋅ 7 Baths ⋅ 650680 MLS

Here is a great cash flowing 7 unit building near square in Greenfield, 5 long term tenants, coin laundry on main floor, 2 units have been updated along with a brand new roof. Agent has interest.

207 NW 2nd Street, Greenfield

Listing courtesy of Randy Rudolf with Progressive Real Estate RN,LLC

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