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 62 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
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: -2.91% Traditional cash on cash: 4.52% Airbnb Rental Income: $685 Traditional Rental Income: $1531 Airbnb ROI: -2.91% Traditional ROI: 4.52%
2343 Glenwood Drive #50 Des Moines, IA Enjoy this super cute, well-maintained open-concept condo featuring a functional kitchen &...	2 beds \| 1 baths \| 944 sq.ft.	$149,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.21% Airbnb Rental Income: $1131 Traditional Rental Income: $1518 Airbnb ROI: -0.12% Traditional ROI: 5.21%
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: -3.69% Traditional cash on cash: 4.03% Airbnb Rental Income: $685 Traditional Rental Income: $1455 Airbnb ROI: -3.69% 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: -2.9% Traditional cash on cash: 2.39% Airbnb Rental Income: $685 Traditional Rental Income: $1705 Airbnb ROI: -2.9% Traditional ROI: 2.39%
1120 E 6th Street #3 Des Moines, IA Just north of the Historic East Village, this move-in ready 2-bedroom condo delivers prime...	2 beds \| 1 baths \| 789 sq.ft.	$100,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 8.23% Airbnb Rental Income: $1131 Traditional Rental Income: $1372 Airbnb ROI: 1.87% Traditional ROI: 8.23%
112 11th Street #202 Des Moines, IA Location, Location, Location... The downtown condo you've been waiting for at the Mulberry...	1 beds \| 1 baths \| 1,684 sq.ft.	$375,000	Airbnb cash on cash: -2.95% Traditional cash on cash: 0% Airbnb Rental Income: $685 Traditional Rental Income: $1421 Airbnb ROI: -2.95% Traditional ROI: 0%
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: -1.45% Traditional cash on cash: 8.55% Airbnb Rental Income: $1131 Traditional Rental Income: $2187 Airbnb ROI: -1.45% Traditional ROI: 8.55%
400 Walnut Street #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.	$175,000	Airbnb cash on cash: -4.24% Traditional cash on cash: 2.5% Airbnb Rental Income: $685 Traditional Rental Income: $1506 Airbnb ROI: -4.24% 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: -0.24% Traditional cash on cash: 7.06% Airbnb Rental Income: $685 Traditional Rental Income: $1426 Airbnb ROI: -0.24% 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.	$169,000	Airbnb cash on cash: -3.69% Traditional cash on cash: 3.56% Airbnb Rental Income: $685 Traditional Rental Income: $1550 Airbnb ROI: -3.69% Traditional ROI: 3.56%
3031 Grand Avenue #212 Des Moines, IA Discover an extensively updated 3-bed, 2-bath residence where refined finishes and effortl...	3 beds \| 2 baths \| 2,065 sq.ft.	$429,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 2.74% Airbnb Rental Income: $1402 Traditional Rental Income: $2530 Airbnb ROI: -1.11% Traditional ROI: 2.74%
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: -1.16% Traditional cash on cash: 4.9% Airbnb Rental Income: $1131 Traditional Rental Income: $1819 Airbnb ROI: -1.16% Traditional ROI: 4.9%
1100 E 6th Street #2 Des Moines, IA Located just north of the Historic East Village, this move-in ready 2-bedroom condo offers...	2 beds \| 1 baths \| 789 sq.ft.	$115,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 6.78% Airbnb Rental Income: $1131 Traditional Rental Income: $1372 Airbnb ROI: 1.22% Traditional ROI: 6.78%
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: -2.56% Traditional cash on cash: -1.4% Airbnb Rental Income: $1131 Traditional Rental Income: $1926 Airbnb ROI: -2.56% Traditional ROI: -1.4%
508 Indianola Road #2 Des Moines, IA Live where the energy of the city meets the comfort of home. This townhome offers the oppo...	2 beds \| 3 baths \| 1,386 sq.ft.	$399,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 5.28% Airbnb Rental Income: $1131 Traditional Rental Income: $2815 Airbnb ROI: -0.21% Traditional ROI: 5.28%
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: -3.21% Traditional cash on cash: 1.2% Airbnb Rental Income: $1131 Traditional Rental Income: $1488 Airbnb ROI: -3.21% 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: -2.98% Traditional cash on cash: -0.97% Airbnb Rental Income: $1131 Traditional Rental Income: $1489 Airbnb ROI: -2.98% 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.	$499,000	Airbnb cash on cash: -2.6% Traditional cash on cash: -1.75% Airbnb Rental Income: $1402 Traditional Rental Income: $1376 Airbnb ROI: -2.6% Traditional ROI: -1.75%
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: -1.48% Traditional cash on cash: 3.28% Airbnb Rental Income: $1131 Traditional Rental Income: $1833 Airbnb ROI: -1.48% 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: -2.28% Traditional cash on cash: 3.07% Airbnb Rental Income: $685 Traditional Rental Income: $1347 Airbnb ROI: -2.28% Traditional ROI: 3.07%
400 Walnut Street #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.	$149,500	Airbnb cash on cash: -4.47% Traditional cash on cash: 0.47% Airbnb Rental Income: $685 Traditional Rental Income: $1089 Airbnb ROI: -4.47% Traditional ROI: 0.47%
400 Walnut Street #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.	$209,000	Airbnb cash on cash: -2.57% Traditional cash on cash: 2.92% Airbnb Rental Income: $1131 Traditional Rental Income: $1841 Airbnb ROI: -2.57% Traditional ROI: 2.92%
112 11th Street #503 Des Moines, IA Exposed brick, polished concrete floors, and high ceilings give this downtown loft so much...	1 beds \| 1 baths \| 813 sq.ft.	$150,000	Airbnb cash on cash: -3.6% Traditional cash on cash: 3.93% Airbnb Rental Income: $685 Traditional Rental Income: $1463 Airbnb ROI: -3.6% Traditional ROI: 3.93%
3920 Grand Avenue #5Te Des Moines, IA Spacious 3-Bedroom Condo with Exceptional Amenities & Scenic Grounds Discover luxury livin...	3 beds \| 2 baths \| 1,736 sq.ft.	$549,000	Airbnb cash on cash: -1.64% Traditional cash on cash: 1.34% Airbnb Rental Income: $1402 Traditional Rental Income: $2509 Airbnb ROI: -1.64% Traditional ROI: 1.34%
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: -4.65% Traditional cash on cash: 2.72% Airbnb Rental Income: $685 Traditional Rental Income: $1500 Airbnb ROI: -4.65% 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.	$319,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.73% Airbnb Rental Income: $1131 Traditional Rental Income: $2100 Airbnb ROI: -0.76% Traditional ROI: 3.73%
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: -3.68% Traditional cash on cash: 0.92% Airbnb Rental Income: $685 Traditional Rental Income: $1575 Airbnb ROI: -3.68% Traditional ROI: 0.92%
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.	$133,000	Airbnb cash on cash: -4.43% Traditional cash on cash: 2.57% Airbnb Rental Income: $685 Traditional Rental Income: $1276 Airbnb ROI: -4.43% Traditional ROI: 2.57%
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: 1.12% Traditional cash on cash: 7.28% Airbnb Rental Income: $1131 Traditional Rental Income: $1837 Airbnb ROI: 1.12% Traditional ROI: 7.28%
400 SW 7th Street #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: 0.84% Traditional cash on cash: 6.54% Airbnb Rental Income: $1131 Traditional Rental Income: $2417 Airbnb ROI: 0.84% 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: 0.08% Traditional cash on cash: 5.16% Airbnb Rental Income: $1131 Traditional Rental Income: $1953 Airbnb ROI: 0.08% 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: -2.75% Traditional cash on cash: 2.22% Airbnb Rental Income: $1131 Traditional Rental Income: $1835 Airbnb ROI: -2.75% Traditional ROI: 2.22%
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: -0.34% Traditional cash on cash: 6.74% Airbnb Rental Income: $685 Traditional Rental Income: $1457 Airbnb ROI: -0.34% Traditional ROI: 6.74%
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.	$334,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 2.91% Airbnb Rental Income: $1131 Traditional Rental Income: $1996 Airbnb ROI: -1.04% Traditional ROI: 2.91%
3932 University Avenue #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: 3.68% Traditional cash on cash: 9.57% Airbnb Rental Income: $1131 Traditional Rental Income: $1380 Airbnb ROI: 3.68% Traditional ROI: 9.57%
400 E Locust Street #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: -1.19% Traditional cash on cash: 4.24% Airbnb Rental Income: $685 Traditional Rental Income: $1457 Airbnb ROI: -1.19% Traditional ROI: 4.24%
300 Walnut Street #1509 Des Moines, IA 15th floor Plaza. Condominium building perfect for generational living (parents on one flo...	2 beds \| 2 baths \| 1,781 sq.ft.	$539,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 1.62% Airbnb Rental Income: $1131 Traditional Rental Income: $2219 Airbnb ROI: -1.29% Traditional ROI: 1.62%
112 11th Street #203 Des Moines, IA Welcome to 112 11th Street #203 in the Mulberry Lofts of Downtown Des Moines, formerly the...	1 beds \| 1 baths \| 813 sq.ft.	$169,000	Airbnb cash on cash: -4.14% Traditional cash on cash: 2.09% Airbnb Rental Income: $685 Traditional Rental Income: $1386 Airbnb ROI: -4.14% Traditional ROI: 2.09%
300 Walnut Street #604 Des Moines, IA Welcome to true downtown Des Moines living at The Plaza. This one-bedroom condo offers won...	1 beds \| 1 baths \| 655 sq.ft.	$150,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 5.45% Airbnb Rental Income: $685 Traditional Rental Income: $1236 Airbnb ROI: -0.5% Traditional ROI: 5.45%
4004 Grand Avenue #103 Des Moines, IA Location, location, location! Spacious and roomy ranch. Very convenient main floor propert...	1 beds \| 2 baths \| 1,650 sq.ft.	$229,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 6.26% Airbnb Rental Income: $685 Traditional Rental Income: $2001 Airbnb ROI: -1.22% Traditional ROI: 6.26%

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: -2.91%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $685

Traditional Rental Income: $1531

Airbnb ROI: -2.91%

Traditional ROI: 4.52%

2343 Glenwood Drive #50

Des Moines, IA

2 beds | 1 baths | 944 sq.ft.

$149,900

Airbnb cash on cash: -0.12%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $1131

Traditional Rental Income: $1518

Airbnb ROI: -0.12%

Traditional ROI: 5.21%

3100 Grand Avenue #5H

Des Moines, IA

1 beds | 1 baths | 798 sq.ft.

$145,000

Airbnb cash on cash: -3.69%

Traditional cash on cash: 4.03%

Airbnb Rental Income: $685

Traditional Rental Income: $1455

Airbnb ROI: -3.69%

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: -2.9%

Traditional cash on cash: 2.39%

Airbnb Rental Income: $685

Traditional Rental Income: $1705

Airbnb ROI: -2.9%

Traditional ROI: 2.39%

1120 E 6th Street #3

Des Moines, IA

2 beds | 1 baths | 789 sq.ft.

$100,000

Airbnb cash on cash: 1.87%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $1131

Traditional Rental Income: $1372

Airbnb ROI: 1.87%

Traditional ROI: 8.23%

112 11th Street #202

Des Moines, IA

1 beds | 1 baths | 1,684 sq.ft.

$375,000

Airbnb cash on cash: -2.95%

Traditional cash on cash: 0%

Airbnb Rental Income: $685

Traditional Rental Income: $1421

Airbnb ROI: -2.95%

Traditional ROI: 0%

4902 University Avenue #325

Des Moines, IA

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

$149,900

Airbnb cash on cash: -1.45%

Traditional cash on cash: 8.55%

Airbnb Rental Income: $1131

Traditional Rental Income: $2187

Airbnb ROI: -1.45%

Traditional ROI: 8.55%

400 Walnut Street #403

Des Moines, IA

1 beds | 1 baths | 925 sq.ft.

$175,000

Airbnb cash on cash: -4.24%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $685

Traditional Rental Income: $1506

Airbnb ROI: -4.24%