Real Estate Investment Properties for Sale in Des Moines, IA

Looking for investment property in Des Moines, IA with high ROI ?

Explore a variety of short-term homes & houses in Des Moines, IA. Invest wisely with VRBO & Des Moines, IA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Condos for Sale in Des Moines, IA

Search for Condo for Sale in Des Moines, Iowa. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 64 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
400 E Locust Street #308 Des Moines, IA Welcome to this spacious, light-filled condo in the heart of a vibrant, walkable downtown ...	1 beds \| 1 baths \| 709 sq.ft.	$162,000	Airbnb cash on cash: -4% Traditional cash on cash: 4.52% Airbnb Rental Income: $482 Traditional Rental Income: $1531 Airbnb ROI: -4% Traditional ROI: 4.52%
3100 Grand Avenue #5H Des Moines, IA Are you ready for someone else to rake the leaves and scoop the snow? This conveniently lo...	1 beds \| 1 baths \| 798 sq.ft.	$145,000	Airbnb cash on cash: -4.91% Traditional cash on cash: 4.03% Airbnb Rental Income: $482 Traditional Rental Income: $1455 Airbnb ROI: -4.91% Traditional ROI: 4.03%
111 10th Street #406 Des Moines, IA Luxury you can see, security you can't, until now! Unit 406 stands apart within an HOA rec...	1 beds \| 2 baths \| 1,044 sq.ft.	$265,000	Airbnb cash on cash: -3.58% Traditional cash on cash: 2.39% Airbnb Rental Income: $482 Traditional Rental Income: $1705 Airbnb ROI: -3.58% Traditional ROI: 2.39%
4902 University Avenue #325 Des Moines, IA Enjoy beautiful views from this well-maintained third-floor condo overlooking Waveland Gol...	2 beds \| 2 baths \| 1,202 sq.ft.	$149,900	Airbnb cash on cash: -3.53% Traditional cash on cash: 8.55% Airbnb Rental Income: $772 Traditional Rental Income: $2187 Airbnb ROI: -3.53% Traditional ROI: 8.55%
400 Walnut Street #403 Des Moines, IA Any reasonable offer will be strongly considered This FULLY FURNISHED unit is grandfat...	1 beds \| 1 baths \| 925 sq.ft.	$175,000	Airbnb cash on cash: -5.26% Traditional cash on cash: 2.5% Airbnb Rental Income: $482 Traditional Rental Income: $1506 Airbnb ROI: -5.26% Traditional ROI: 2.5%
4345 Grand Avenue #3 Des Moines, IA Welcome to this charming 1-bedroom, 1-bath condo in Des Moines, Iowa, ideally located in t...	1 beds \| 1 baths \| 1,018 sq.ft.	$149,500	Airbnb cash on cash: -1.42% Traditional cash on cash: 7.06% Airbnb Rental Income: $482 Traditional Rental Income: $1426 Airbnb ROI: -1.42% Traditional ROI: 7.06%
300 Walnut Street #707 Des Moines, IA Experience elevated downtown living at The Plaza with this beautifully updated, move-in-re...	1 beds \| 1 baths \| 738 sq.ft.	$175,000	Airbnb cash on cash: -4.61% Traditional cash on cash: 3.41% Airbnb Rental Income: $482 Traditional Rental Income: $1550 Airbnb ROI: -4.61% Traditional ROI: 3.41%
3031 Grand Avenue #212 Des Moines, IA Extensively updated 3-bedroom, 2-bath condo offering stylish, low-maintenance living. Soar...	3 beds \| 2 baths \| 2,065 sq.ft.	$469,900	Airbnb cash on cash: -1.84% Traditional cash on cash: 2.42% Airbnb Rental Income: $1013 Traditional Rental Income: $2530 Airbnb ROI: -1.84% Traditional ROI: 2.42%
1900 50th Street #22 Des Moines, IA Welcome to Franklin West Condos, where affordable homeownership meets an unbeatable loca...	2 beds \| 2 baths \| 856 sq.ft.	$98,300	Airbnb cash on cash: -1.89% Traditional cash on cash: 9.01% Airbnb Rental Income: $772 Traditional Rental Income: $1497 Airbnb ROI: -1.89% Traditional ROI: 9.01%
4341 Grand Avenue #4 Des Moines, IA Welcome to the perfect balance of charm and convenience with this beautiful 2-bedroom w/a ...	2 beds \| 2 baths \| 1,150 sq.ft.	$185,000	Airbnb cash on cash: -2.86% Traditional cash on cash: 4.9% Airbnb Rental Income: $772 Traditional Rental Income: $1819 Airbnb ROI: -2.86% Traditional ROI: 4.9%
3750 Grand Avenue #501 Des Moines, IA 3750 on Grand blends modern luxury with historic charm in the heart of South of Grand. Thi...	2 beds \| 2 baths \| 1,817 sq.ft.	$1,085,000	Airbnb cash on cash: -2.86% Traditional cash on cash: -1.4% Airbnb Rental Income: $772 Traditional Rental Income: $1926 Airbnb ROI: -2.86% Traditional ROI: -1.4%
3100 Grand Avenue #5J Des Moines, IA This beautifully updated corner unit on the 5th-floor condo offers sweeping views and an i...	2 beds \| 2 baths \| 1,186 sq.ft.	$175,000	Airbnb cash on cash: -5% Traditional cash on cash: 1.2% Airbnb Rental Income: $772 Traditional Rental Income: $1488 Airbnb ROI: -5% Traditional ROI: 1.2%
418 6th Avenue #1104 Des Moines, IA Experience downtown living in this 2-bedroom, 2-bath condominium with over 1,400 square fe...	2 beds \| 2 baths \| 1,431 sq.ft.	$389,000	Airbnb cash on cash: -3.8% Traditional cash on cash: -0.97% Airbnb Rental Income: $772 Traditional Rental Income: $1489 Airbnb ROI: -3.8% Traditional ROI: -0.97%
3131 Fleur Drive #208 Des Moines, IA BEST VALUE PER SQUARE FOOT ON THE MARKET! Welcome to Park Fleur, a distinguished mid-centu...	3 beds \| 3 baths \| 2,304 sq.ft.	$575,000	Airbnb cash on cash: -2.99% Traditional cash on cash: -1.65% Airbnb Rental Income: $1013 Traditional Rental Income: $1376 Airbnb ROI: -2.99% Traditional ROI: -1.65%
400 Walnut Street #1005 Des Moines, IA Enjoy Downtown living at its finest in this beautifully updated 2 bedroom, 2 bathroom cond...	2 beds \| 2 baths \| 1,146 sq.ft.	$239,900	Airbnb cash on cash: -2.8% Traditional cash on cash: 3.28% Airbnb Rental Income: $772 Traditional Rental Income: $1833 Airbnb ROI: -2.8% Traditional ROI: 3.28%
3667 Grand Avenue #2 Des Moines, IA Are you looking for the convenience of downtown amenities near local restaurants and shopp...	1 beds \| 2 baths \| 1,204 sq.ft.	$189,900	Airbnb cash on cash: -3.22% Traditional cash on cash: 3.07% Airbnb Rental Income: $482 Traditional Rental Income: $1347 Airbnb ROI: -3.22% Traditional ROI: 3.07%
400 E Locust Street #213 Des Moines, IA If you've been dreaming of a place that lets you work from home and live your best social ...	2 beds \| 2 baths \| 978 sq.ft.	$250,000	Airbnb cash on cash: -3.15% Traditional cash on cash: 1.7% Airbnb Rental Income: $772 Traditional Rental Income: $1599 Airbnb ROI: -3.15% Traditional ROI: 1.7%
112 11th Street #503 Des Moines, IA Industrial-style loft where exposed brick walls meet polished concrete floors under high c...	1 beds \| 1 baths \| 813 sq.ft.	$152,500	Airbnb cash on cash: -4.72% Traditional cash on cash: 3.85% Airbnb Rental Income: $482 Traditional Rental Income: $1463 Airbnb ROI: -4.72% Traditional ROI: 3.85%
400 Walnut Street #1103 Des Moines, IA Perched on the 11th floor of a beautifully restored historic landmark, this downtown condo...	1 beds \| 1 baths \| 925 sq.ft.	$159,000	Airbnb cash on cash: -5.76% Traditional cash on cash: 2.72% Airbnb Rental Income: $482 Traditional Rental Income: $1500 Airbnb ROI: -5.76% Traditional ROI: 2.72%
450 SW 7th Street #209 Des Moines, IA This downtown condo checks all the boxes. Like-new corner unit in the heart of downtown De...	2 beds \| 2 baths \| 1,140 sq.ft.	$325,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 3.65% Airbnb Rental Income: $772 Traditional Rental Income: $2100 Airbnb ROI: -1.74% Traditional ROI: 3.65%
301 E Court Avenue #203 Des Moines, IA Located in the heart of downtown Des Moines, this condo at 301 E Court Ave #203 offers a r...	1 beds \| 1 baths \| 1,060 sq.ft.	$275,000	Airbnb cash on cash: -4.34% Traditional cash on cash: 0.92% Airbnb Rental Income: $482 Traditional Rental Income: $1575 Airbnb ROI: -4.34% Traditional ROI: 0.92%
3663 Grand Avenue unit: 905 Des Moines, IA When you walk in you will immediatly be wowed by the amazing views, natural light and beau...	1 beds \| 1 baths \| 938 sq.ft.	$179,900	Airbnb cash on cash: -8.38% Traditional cash on cash: -0.96% Airbnb Rental Income: $482 Traditional Rental Income: $1483 Airbnb ROI: -8.38% Traditional ROI: -0.96%
112 11th Street #506 Des Moines, IA Experience Vibrant Downtown Living! Welcome to this stunning exposed brick condo located i...	1 beds \| 1 baths \| 689 sq.ft.	$135,900	Airbnb cash on cash: -5.66% Traditional cash on cash: 2.49% Airbnb Rental Income: $482 Traditional Rental Income: $1276 Airbnb ROI: -5.66% Traditional ROI: 2.49%
119 4th Street unit: 309 Des Moines, IA Welcome to this stunning west-facing condo in the iconic SOCO building, where sunsets, cit...	2 beds \| 2 baths \| 1,159 sq.ft.	$313,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 3.84% Airbnb Rental Income: $772 Traditional Rental Income: $1951 Airbnb ROI: -1.24% Traditional ROI: 3.84%
3663 Grand- Avenue #501 Des Moines, IA Welcome to Unit 501 at West Grand Towers Condos - where luxury living, location, and ameni...	2 beds \| 2 baths \| 1,218 sq.ft.	$185,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 7.28% Airbnb Rental Income: $772 Traditional Rental Income: $1837 Airbnb ROI: -0.58% Traditional ROI: 7.28%
3920 Grand Avenue #2Tw Des Moines, IA 2nd floor unit in the east tower of the Barbican. South facing owners suite with amazing v...	2 beds \| 2 baths \| 1,747 sq.ft.	$375,000	Airbnb cash on cash: -1.9% Traditional cash on cash: 2.88% Airbnb Rental Income: $772 Traditional Rental Income: $2139 Airbnb ROI: -1.9% Traditional ROI: 2.88%
400 SW 7th Street unit: 201 Des Moines, IA Experience the energy of downtown Des Moines In this modern and stylish 2 bedroom condo ju...	2 beds \| 2 baths \| 1,056 sq.ft.	$310,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 6.54% Airbnb Rental Income: $772 Traditional Rental Income: $2417 Airbnb ROI: -0.19% Traditional ROI: 6.54%
119 4th Street #208 Des Moines, IA Come tour SOCO LOFTS ~ where location, views, amenities + a true sense of community come t...	2 beds \| 2 baths \| 1,163 sq.ft.	$249,900	Airbnb cash on cash: -1.19% Traditional cash on cash: 5.16% Airbnb Rental Income: $772 Traditional Rental Income: $1953 Airbnb ROI: -1.19% Traditional ROI: 5.16%
400 E Locust Street #207 Des Moines, IA Experience the perfect blend of historic charm and modern design at SoHo Lofts, located in...	2 beds \| 2 baths \| 1,056 sq.ft.	$230,000	Airbnb cash on cash: -4.13% Traditional cash on cash: 2.22% Airbnb Rental Income: $772 Traditional Rental Income: $1835 Airbnb ROI: -4.13% Traditional ROI: 2.22%
400 E Locust Street unit: 207 Des Moines, IA Experience the perfect blend of historic charm and modern design at SoHo Lofts, located in...	2 beds \| 2 baths \| 1,056 sq.ft.	$230,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 5.06% Airbnb Rental Income: $772 Traditional Rental Income: $1831 Airbnb ROI: -1.27% Traditional ROI: 5.06%
3663 Grand Avenue #104 Des Moines, IA Step into contemporary comfort in this beautifully updated one-bedroom condo, where high-e...	1 beds \| 1 baths \| 848 sq.ft.	$159,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 6.74% Airbnb Rental Income: $482 Traditional Rental Income: $1457 Airbnb ROI: -1.45% Traditional ROI: 6.74%
309 E 5th Street #508 Des Moines, IA e5w Lofts is a mixed-used building located in the Historic East Village on the corner of E...	2 beds \| 2 baths \| 1,424 sq.ft.	$399,000	Airbnb cash on cash: -2.06% Traditional cash on cash: 3.83% Airbnb Rental Income: $772 Traditional Rental Income: $2656 Airbnb ROI: -2.06% Traditional ROI: 3.83%
1314 22nd Street Des Moines, IA Turnkey investment opportunity perfect for first-time investors looking to build their por...	10 beds \| N/A baths \| 4,140 sq.ft.	$505,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 1.48% Airbnb Rental Income: $2124 Traditional Rental Income: $1912 Airbnb ROI: 0.78% Traditional ROI: 1.48%
3930 Grand Avenue #4Gn Des Moines, IA Top floor of the low rise building at the iconic Barbican. Gorgeous renovation with hardwo...	2 beds \| 2 baths \| 1,485 sq.ft.	$344,900	Airbnb cash on cash: -1.96% Traditional cash on cash: 2.8% Airbnb Rental Income: $772 Traditional Rental Income: $1996 Airbnb ROI: -1.96% Traditional ROI: 2.8%
3932 University Avenue unit: 2 Des Moines, IA Charming Condo in excellent location near Drake University. Within walking distance to res...	2 beds \| 1 baths \| 882 sq.ft.	$110,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 9.57% Airbnb Rental Income: $772 Traditional Rental Income: $1380 Airbnb ROI: 0.87% Traditional ROI: 9.57%
400 E Locust Street unit: 103 Des Moines, IA Welcome to this 1-bedroom, 1-bath ground-level condo in the heart of the East Village. The...	1 beds \| 1 baths \| 875 sq.ft.	$209,000	Airbnb cash on cash: -2.04% Traditional cash on cash: 4.24% Airbnb Rental Income: $482 Traditional Rental Income: $1457 Airbnb ROI: -2.04% Traditional ROI: 4.24%
400 Walnut Street unit: 203 Des Moines, IA Best value in the middle of downtown. Skywalk access. There is no better location to live ...	1 beds \| 1 baths \| 925 sq.ft.	$149,900	Airbnb cash on cash: -1.96% Traditional cash on cash: 6.31% Airbnb Rental Income: $482 Traditional Rental Income: $1399 Airbnb ROI: -1.96% Traditional ROI: 6.31%
400 Walnut Street unit: 304 Des Moines, IA Experience downtown living at the historic Kirkwood Building on the corner of 4th and Waln...	2 beds \| 2 baths \| 1,324 sq.ft.	$219,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 5.45% Airbnb Rental Income: $772 Traditional Rental Income: $1864 Airbnb ROI: -1.34% Traditional ROI: 5.45%
3916 9th Street Des Moines, IA Step into a solidly constructed multi-family investment opportunity in the desirable Oak P...	4 beds \| 4 baths \| 2,237 sq.ft.	$250,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 10.38% Airbnb Rental Income: $1403 Traditional Rental Income: $3027 Airbnb ROI: 1.71% Traditional ROI: 10.38%
400 SW 7th Street unit: 304 Des Moines, IA Modern luxury awaits in this downtown condo, a must-see gem that offers tax abatement thro...	1 beds \| 1 baths \| 890 sq.ft.	$229,500	Airbnb cash on cash: -0.94% Traditional cash on cash: 5.92% Airbnb Rental Income: $482 Traditional Rental Income: $1701 Airbnb ROI: -0.94% Traditional ROI: 5.92%

Your search for investment property begins and ends here

Condos for Sale in Des Moines, IA

400 E Locust Street #308

Des Moines, IA

1 beds | 1 baths | 709 sq.ft.

$162,000

Airbnb cash on cash: -4%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $482

Traditional Rental Income: $1531

Airbnb ROI: -4%

Traditional ROI: 4.52%

3100 Grand Avenue #5H

Des Moines, IA

1 beds | 1 baths | 798 sq.ft.

$145,000

Airbnb cash on cash: -4.91%

Traditional cash on cash: 4.03%

Airbnb Rental Income: $482

Traditional Rental Income: $1455

Airbnb ROI: -4.91%

Traditional ROI: 4.03%

111 10th Street #406

Des Moines, IA

1 beds | 2 baths | 1,044 sq.ft.

$265,000

Airbnb cash on cash: -3.58%

Traditional cash on cash: 2.39%

Airbnb Rental Income: $482

Traditional Rental Income: $1705

Airbnb ROI: -3.58%

Traditional ROI: 2.39%

4902 University Avenue #325

Des Moines, IA

2 beds | 2 baths | 1,202 sq.ft.

$149,900

Airbnb cash on cash: -3.53%

Traditional cash on cash: 8.55%

Airbnb Rental Income: $772

Traditional Rental Income: $2187

Airbnb ROI: -3.53%

Traditional ROI: 8.55%

400 Walnut Street #403

Des Moines, IA

1 beds | 1 baths | 925 sq.ft.

$175,000

Airbnb cash on cash: -5.26%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $482

Traditional Rental Income: $1506

Airbnb ROI: -5.26%

Traditional ROI: 2.5%

4345 Grand Avenue #3

Des Moines, IA

1 beds | 1 baths | 1,018 sq.ft.

$149,500

Airbnb cash on cash: -1.42%

Traditional cash on cash: 7.06%

Airbnb Rental Income: $482

Traditional Rental Income: $1426

Airbnb ROI: -1.42%

Traditional ROI: 7.06%

300 Walnut Street #707

Des Moines, IA

1 beds | 1 baths | 738 sq.ft.

$175,000

Airbnb cash on cash: -4.61%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $482

Traditional Rental Income: $1550

Airbnb ROI: -4.61%

Traditional ROI: 3.41%

3031 Grand Avenue #212

Des Moines, IA

3 beds | 2 baths | 2,065 sq.ft.

$469,900

Airbnb cash on cash: -1.84%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $1013

Traditional Rental Income: $2530

Airbnb ROI: -1.84%