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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2340 Hart Avenue #2 Des Moines, IA This move-in-ready townhome truly shines with space, light, and smart updates throughout. ...	2 beds \| 3 baths \| 1,186 sq.ft.	$167,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 7.89% Airbnb Rental Income: $992 Traditional Rental Income: $2074 Airbnb ROI: -1.13% Traditional ROI: 7.89%
400 SW 7th Street #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.	$237,500	Airbnb cash on cash: -1.19% Traditional cash on cash: 5.19% Airbnb Rental Income: $744 Traditional Rental Income: $1864 Airbnb ROI: -1.19% Traditional ROI: 5.19%
450 SW 7th Street #301 Des Moines, IA Modern 2-bedroom, 2-bath end-unit condo in the heart of downtown Des Moines! This light-fi...	2 beds \| 2 baths \| 1,056 sq.ft.	$335,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.21% Airbnb Rental Income: $992 Traditional Rental Income: $1530 Airbnb ROI: 0.37% Traditional ROI: 3.21%
112 11th Street unit: 102 #102 Des Moines, IA Welcome to Mulberry Lofts, where history meets modern downtown living. Once part of the hi...	1 beds \| 1 baths \| 813 sq.ft.	$145,000	Airbnb cash on cash: -2.7% Traditional cash on cash: 4.13% Airbnb Rental Income: $744 Traditional Rental Income: $1380 Airbnb ROI: -2.7% Traditional ROI: 4.13%
450 SW 7th Street unit: 103 #103 Des Moines, IA PRICED $20K UNDER ASSESSED VALUE and TAX ABATEMENT THROUGH 2029! With water and internet i...	1 beds \| 1 baths \| 550 sq.ft.	$139,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 7.72% Airbnb Rental Income: $744 Traditional Rental Income: $1576 Airbnb ROI: -0.87% Traditional ROI: 7.72%
400 E Locust Street unit: 302 #302 Des Moines, IA Introducing the allure of SOHO condo living! This spacious one-bedroom condo spans an impr...	1 beds \| 1 baths \| 805 sq.ft.	$159,700	Airbnb cash on cash: -3.74% Traditional cash on cash: 3.84% Airbnb Rental Income: $744 Traditional Rental Income: $1587 Airbnb ROI: -3.74% Traditional ROI: 3.84%
3031 Grand Avenue unit: 218 #218 Des Moines, IA This COMPLETELY furnished turnkey condo includes underground heated parking garage, and yo...	1 beds \| 1 baths \| 790 sq.ft.	$158,000	Airbnb cash on cash: -3.36% Traditional cash on cash: 4.14% Airbnb Rental Income: $744 Traditional Rental Income: $1563 Airbnb ROI: -3.36% Traditional ROI: 4.14%
2901 Grand Avenue unit: 107 #107 Des Moines, IA Welcome to effortless urban living in the heart of Des Moines' vibrant entertainment and h...	2 beds \| 2 baths \| 1,168 sq.ft.	$184,900	Airbnb cash on cash: -2.35% Traditional cash on cash: 4.69% Airbnb Rental Income: $992 Traditional Rental Income: $1876 Airbnb ROI: -2.35% Traditional ROI: 4.69%
450 SW 7th Street #209 Des Moines, IA Stylish Downtown Des Moines Condo with Stunning Views!Discover urban living at its finest ...	2 beds \| 2 baths \| 1,140 sq.ft.	$334,500	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.75% Airbnb Rental Income: $992 Traditional Rental Income: $2100 Airbnb ROI: -0.9% Traditional ROI: 3.75%
301 E Court Avenue unit: 203 #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.	$285,000	Airbnb cash on cash: -3.41% Traditional cash on cash: 0.85% Airbnb Rental Income: $744 Traditional Rental Income: $1575 Airbnb ROI: -3.41% Traditional ROI: 0.85%
700 15th Street unit: 2 #2 Des Moines, IA INVESTORS WELCOME! Completely renovated first floor condo in the historic Algonquin buildi...	2 beds \| 1 baths \| 1,030 sq.ft.	$194,900	Airbnb cash on cash: -2.22% Traditional cash on cash: 2.43% Airbnb Rental Income: $992 Traditional Rental Income: $1499 Airbnb ROI: -2.22% Traditional ROI: 2.43%
3663 Grand Avenue unit: 905 #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: -7.1% Traditional cash on cash: -0.96% Airbnb Rental Income: $744 Traditional Rental Income: $1483 Airbnb ROI: -7.1% Traditional ROI: -0.96%
301 E Court Avenue unit: 207 #207 Des Moines, IA Downtown Living at its Best in the Historic East Village. This impressive condo features 1...	1 beds \| 1 baths \| 852 sq.ft.	$239,900	Airbnb cash on cash: -3.3% Traditional cash on cash: 1.71% Airbnb Rental Income: $744 Traditional Rental Income: $1567 Airbnb ROI: -3.3% Traditional ROI: 1.71%
112 11th Street unit: 506 #506 Des Moines, IA FIRST THREE MONTHS OF HOA DUES PAID BY SELLER Experience Vibrant Downtown Living! Welc...	1 beds \| 1 baths \| 689 sq.ft.	$142,000	Airbnb cash on cash: -3.86% Traditional cash on cash: 2.35% Airbnb Rental Income: $744 Traditional Rental Income: $1276 Airbnb ROI: -3.86% Traditional ROI: 2.35%
450 SW 7th Street unit: 205 #205 Des Moines, IA Why rent when you can own? This downtown condo has it all-- tax abatement through 2029 (hu...	1 beds \| 1 baths \| 590 sq.ft.	$149,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 7.77% Airbnb Rental Income: $744 Traditional Rental Income: $1648 Airbnb ROI: -0.76% Traditional ROI: 7.77%
400 E Locust Street unit: 216 #216 Des Moines, IA Construction is finally complete! After a year of courtyard renovations, this beautifully ...	1 beds \| 1 baths \| 732 sq.ft.	$147,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 6.87% Airbnb Rental Income: $744 Traditional Rental Income: $1447 Airbnb ROI: -0.35% Traditional ROI: 6.87%
400 E Locust Street unit: 213 #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: -0.03% Traditional cash on cash: 4.43% Airbnb Rental Income: $992 Traditional Rental Income: $1691 Airbnb ROI: -0.03% Traditional ROI: 4.43%
119 4th Street unit: 309 #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: -0.62% Traditional cash on cash: 3.84% Airbnb Rental Income: $992 Traditional Rental Income: $1951 Airbnb ROI: -0.62% Traditional ROI: 3.84%
300 Walnut Street unit: 1505 #1505 Des Moines, IA Live in the heart of downtown Des Moines at The Plaza. This 15th floor, move-in ready 1 BR...	1 beds \| 1 baths \| 750 sq.ft.	$165,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 6.46% Airbnb Rental Income: $744 Traditional Rental Income: $1553 Airbnb ROI: -0.67% Traditional ROI: 6.46%
3663 Grand- Avenue unit: 501 #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.	$190,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 7.06% Airbnb Rental Income: $992 Traditional Rental Income: $1837 Airbnb ROI: 0.42% Traditional ROI: 7.06%
112 11th Street unit: 607 #607 Des Moines, IA Mulberry Lofts / Top-Floor Industrial Loft with Modern Upgrades Experience true loft livin...	1 beds \| 1 baths \| 689 sq.ft.	$157,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 5.91% Airbnb Rental Income: $744 Traditional Rental Income: $1433 Airbnb ROI: -0.76% Traditional ROI: 5.91%
4345 Grand Avenue unit: 1 #1 Des Moines, IA Beautiful ground floor unit in the Waterbury Neighborhood. Close to many amenities like DM...	1 beds \| 1 baths \| 1,096 sq.ft.	$156,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 9.14% Airbnb Rental Income: $744 Traditional Rental Income: $1772 Airbnb ROI: 0.2% Traditional ROI: 9.14%
2901 Grand Avenue unit: 103 #103 Des Moines, IA Main level 1st floor condo with secure indoor parking and elevator access! This 2-bedroom,...	2 beds \| 2 baths \| 1,154 sq.ft.	$195,977	Airbnb cash on cash: 0.16% Traditional cash on cash: 6.91% Airbnb Rental Income: $992 Traditional Rental Income: $1893 Airbnb ROI: 0.16% Traditional ROI: 6.91%
3920 Grand Avenue unit: 2Tw #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: -1.38% Traditional cash on cash: 2.88% Airbnb Rental Income: $992 Traditional Rental Income: $2139 Airbnb ROI: -1.38% Traditional ROI: 2.88%
1120 E 6th Street unit: 8 #8 Des Moines, IA Welcome to this well-maintained 2 bed / 1 bath condo in a quiet complex just minutes from ...	2 beds \| 1 baths \| 801 sq.ft.	$99,990	Airbnb cash on cash: 3.29% Traditional cash on cash: 11.49% Airbnb Rental Income: $992 Traditional Rental Income: $1435 Airbnb ROI: 3.29% Traditional ROI: 11.49%
111 10th Street unit: 410 #410 Des Moines, IA Experience modern urban living in this 4th-floor loft at the sought-after City Lofts. One ...	1 beds \| 1 baths \| 1,248 sq.ft.	$274,500	Airbnb cash on cash: -1.28% Traditional cash on cash: 3.07% Airbnb Rental Income: $744 Traditional Rental Income: $1557 Airbnb ROI: -1.28% Traditional ROI: 3.07%
2880 Grand Avenue unit: 102 #102 Des Moines, IA Welcome to this move-in-ready two-bedroom condo in the highly sought-after Summit House. S...	2 beds \| 2 baths \| 1,285 sq.ft.	$210,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 6.47% Airbnb Rental Income: $992 Traditional Rental Income: $1913 Airbnb ROI: 0.06% Traditional ROI: 6.47%
119 4th Street unit: 107 #107 Des Moines, IA Welcome home to downtown living in the SOCO building! This desirable west-side unit boasts...	2 beds \| 2 baths \| 1,186 sq.ft.	$290,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.52% Airbnb Rental Income: $992 Traditional Rental Income: $1969 Airbnb ROI: -0.36% Traditional ROI: 4.52%
400 SW 7th Street unit: 201 #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.	$315,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 6.42% Airbnb Rental Income: $992 Traditional Rental Income: $2417 Airbnb ROI: 0.42% Traditional ROI: 6.42%
400 Walnut Street unit: 403 #403 Des Moines, IA Live in the center of it all at the Historic Kirkwood Hotel! Built in 1930 and transformed...	1 beds \| 1 baths \| 925 sq.ft.	$189,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 5.16% Airbnb Rental Income: $744 Traditional Rental Income: $1486 Airbnb ROI: -0.71% 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.	$240,000	Airbnb cash on cash: -3.19% Traditional cash on cash: 2.09% Airbnb Rental Income: $992 Traditional Rental Income: $1835 Airbnb ROI: -3.19% Traditional ROI: 2.09%
400 E Locust Street unit: 207 #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.	$240,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 4.81% Airbnb Rental Income: $992 Traditional Rental Income: $1831 Airbnb ROI: -0.45% Traditional ROI: 4.81%
3663 Grand Avenue unit: 104 #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.	$168,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 6.34% Airbnb Rental Income: $744 Traditional Rental Income: $1457 Airbnb ROI: -0.06% Traditional ROI: 6.34%
112 11th Street unit: 503 #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.	$165,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.87% Airbnb Rental Income: $744 Traditional Rental Income: $1374 Airbnb ROI: -1.12% Traditional ROI: 4.87%
450 SW 7th Street unit: 304 #304 Des Moines, IA Top-Floor Condo in The Edison Building Downtown Living at it's Best! And the lowest HOA du...	1 beds \| 1 baths \| 890 sq.ft.	$249,500	Airbnb cash on cash: -0.01% Traditional cash on cash: 5.37% Airbnb Rental Income: $744 Traditional Rental Income: $1700 Airbnb ROI: -0.01% Traditional ROI: 5.37%
309 E 5th Street unit: 508 #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: -1.57% Traditional cash on cash: 3.83% Airbnb Rental Income: $992 Traditional Rental Income: $2656 Airbnb ROI: -1.57% Traditional ROI: 3.83%
4341 Grand Avenue unit: 4 #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.	$190,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 7.31% Airbnb Rental Income: $992 Traditional Rental Income: $1859 Airbnb ROI: 0.54% Traditional ROI: 7.31%
400 SW 7th Street unit: 210 #210 Des Moines, IA THE home you have been waiting for: the entire 2nd floor of the building facing Tuttle Str...	2 beds \| 2 baths \| 1,416 sq.ft.	$420,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 5.35% Airbnb Rental Income: $992 Traditional Rental Income: $2757 Airbnb ROI: -0.03% Traditional ROI: 5.35%
111 10th Street unit: 406 #406 Des Moines, IA If the Western Gateway is the heart of downtown, City Lofts is the heart of the Western Ga...	1 beds \| 2 baths \| 1,044 sq.ft.	$275,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 3.96% Airbnb Rental Income: $744 Traditional Rental Income: $1757 Airbnb ROI: -1.16% Traditional ROI: 3.96%
4323 Grand Avenue unit: 428 #428 Des Moines, IA Welcome to this beautifully renovated 2-bedroom, 2-bath residence offering the perfect ble...	2 beds \| 2 baths \| 1,138 sq.ft.	$230,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 5.66% Airbnb Rental Income: $992 Traditional Rental Income: $1802 Airbnb ROI: 0.31% Traditional ROI: 5.66%

Your search for investment property begins and ends here

Condos for Sale in Des Moines, IA

2340 Hart Avenue #2

Des Moines, IA

2 beds | 3 baths | 1,186 sq.ft.

$167,000

Airbnb cash on cash: -1.13%

Traditional cash on cash: 7.89%

Airbnb Rental Income: $992

Traditional Rental Income: $2074

Airbnb ROI: -1.13%

Traditional ROI: 7.89%

400 SW 7th Street #304

Des Moines, IA

1 beds | 1 baths | 890 sq.ft.

$237,500

Airbnb cash on cash: -1.19%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $744

Traditional Rental Income: $1864

Airbnb ROI: -1.19%

Traditional ROI: 5.19%

450 SW 7th Street #301

Des Moines, IA

2 beds | 2 baths | 1,056 sq.ft.

$335,000

Airbnb cash on cash: 0.37%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $992

Traditional Rental Income: $1530

Airbnb ROI: 0.37%

Traditional ROI: 3.21%

112 11th Street unit: 102 #102

Des Moines, IA

1 beds | 1 baths | 813 sq.ft.

$145,000

Airbnb cash on cash: -2.7%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $744

Traditional Rental Income: $1380

Airbnb ROI: -2.7%

Traditional ROI: 4.13%

450 SW 7th Street unit: 103 #103

Des Moines, IA

1 beds | 1 baths | 550 sq.ft.

$139,000

Airbnb cash on cash: -0.87%

Traditional cash on cash: 7.72%

Airbnb Rental Income: $744

Traditional Rental Income: $1576

Airbnb ROI: -0.87%

Traditional ROI: 7.72%

400 E Locust Street unit: 302 #302

Des Moines, IA

1 beds | 1 baths | 805 sq.ft.

$159,700

Airbnb cash on cash: -3.74%

Traditional cash on cash: 3.84%

Airbnb Rental Income: $744

Traditional Rental Income: $1587

Airbnb ROI: -3.74%

Traditional ROI: 3.84%

3031 Grand Avenue unit: 218 #218

Des Moines, IA

1 beds | 1 baths | 790 sq.ft.

$158,000

Airbnb cash on cash: -3.36%

Traditional cash on cash: 4.14%

Airbnb Rental Income: $744

Traditional Rental Income: $1563

Airbnb ROI: -3.36%

Traditional ROI: 4.14%

2901 Grand Avenue unit: 107 #107

Des Moines, IA

2 beds | 2 baths | 1,168 sq.ft.

$184,900

Airbnb cash on cash: -2.35%

Traditional cash on cash: 4.69%

Airbnb Rental Income: $992

Traditional Rental Income: $1876

Airbnb ROI: -2.35%