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 51 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
507 E Locust Street unit: 207 #207 Des Moines, IA Come and experience urban living in this move-in ready East Village condo. Two bedrooms an...	2 beds \| 2 baths \| 1,427 sq.ft.	$239,900	Airbnb cash on cash: -3.27% Traditional cash on cash: 2.59% Airbnb Rental Income: $1062 Traditional Rental Income: $2023 Airbnb ROI: -3.27% Traditional ROI: 2.59%
400 Walnut Street unit: 1002 #1002 Des Moines, IA Prime Investment Opportunity in the Heart of Downtown Des Moines! This exceptional propert...	1 beds \| 1 baths \| 865 sq.ft.	$154,900	Airbnb cash on cash: -3.36% Traditional cash on cash: 0.02% Airbnb Rental Income: $761 Traditional Rental Income: $945 Airbnb ROI: -3.36% Traditional ROI: 0.02%
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: -1.13% Traditional cash on cash: 5.19% Airbnb Rental Income: $761 Traditional Rental Income: $1864 Airbnb ROI: -1.13% 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: 0.56% Traditional cash on cash: 3.21% Airbnb Rental Income: $1062 Traditional Rental Income: $1530 Airbnb ROI: 0.56% 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: -2.6% Traditional cash on cash: 4.13% Airbnb Rental Income: $761 Traditional Rental Income: $1380 Airbnb ROI: -2.6% Traditional ROI: 4.13%
450 SW 7th Street unit: 208 #208 Des Moines, IA Spotless resale in the Edison Building! This fantastic handicap-friendly downtown condo of...	2 beds \| 2 baths \| 1,258 sq.ft.	$335,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 4.27% Airbnb Rental Income: $1062 Traditional Rental Income: $2242 Airbnb ROI: -0.64% Traditional ROI: 4.27%
120 SW 5th St. Street #604 Des Moines, IA The spectacular views from this 6th floor Loft say it all! Welcome to the Whiteline Lofts ...	1 beds \| 1 baths \| 1,039 sq.ft.	$289,000	Airbnb cash on cash: -3.73% Traditional cash on cash: -0.24% Airbnb Rental Income: $761 Traditional Rental Income: $1395 Airbnb ROI: -3.73% Traditional ROI: -0.24%
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: -3.65% Traditional cash on cash: 3.84% Airbnb Rental Income: $761 Traditional Rental Income: $1587 Airbnb ROI: -3.65% Traditional ROI: 3.84%
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: -2.02% Traditional cash on cash: 4.69% Airbnb Rental Income: $1062 Traditional Rental Income: $1876 Airbnb ROI: -2.02% 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: -0.72% Traditional cash on cash: 3.75% Airbnb Rental Income: $1062 Traditional Rental Income: $2100 Airbnb ROI: -0.72% Traditional ROI: 3.75%
301 E Court Avenue unit: 203 #203 Des Moines, IA Built in 1885 the East Village Court offers a unique blend of old and new. Touches of expo...	1 beds \| 1 baths \| 1,060 sq.ft.	$290,000	Airbnb cash on cash: -3.21% Traditional cash on cash: 0.93% Airbnb Rental Income: $761 Traditional Rental Income: $1575 Airbnb ROI: -3.21% Traditional ROI: 0.93%
400 Walnut Street unit: 401 #401 Des Moines, IA Move-in ready with optional full furnishings! This stylish corner unit 2-bed, 2-bath condo...	2 beds \| 2 baths \| 1,357 sq.ft.	$242,900	Airbnb cash on cash: -2.36% Traditional cash on cash: 3.25% Airbnb Rental Income: $1062 Traditional Rental Income: $1984 Airbnb ROI: -2.36% Traditional ROI: 3.25%
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: -1.9% Traditional cash on cash: 2.43% Airbnb Rental Income: $1062 Traditional Rental Income: $1499 Airbnb ROI: -1.9% 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: -7.02% Traditional cash on cash: -0.96% Airbnb Rental Income: $761 Traditional Rental Income: $1483 Airbnb ROI: -7.02% 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: -3.24% Traditional cash on cash: 1.71% Airbnb Rental Income: $761 Traditional Rental Income: $1567 Airbnb ROI: -3.24% 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: -3.75% Traditional cash on cash: 2.35% Airbnb Rental Income: $761 Traditional Rental Income: $1276 Airbnb ROI: -3.75% 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.	$167,500	Airbnb cash on cash: -0.7% Traditional cash on cash: 6.83% Airbnb Rental Income: $761 Traditional Rental Income: $1648 Airbnb ROI: -0.7% Traditional ROI: 6.83%
3663 Grand Avenue unit: 508 #508 Des Moines, IA Enjoy all that the Ingersoll/Grand area has to offer with this sunny 5th floor condo. The ...	2 beds \| 2 baths \| 1,218 sq.ft.	$230,000	Airbnb cash on cash: -6.11% Traditional cash on cash: 1.11% Airbnb Rental Income: $1062 Traditional Rental Income: $2267 Airbnb ROI: -6.11% Traditional ROI: 1.11%
400 E Locust Street unit: 216 #216 Des Moines, IA East Village Loft Living at Soho Lofts! Welcome to the heart of downtown Des Moines in the...	1 beds \| 1 baths \| 732 sq.ft.	$150,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 6.68% Airbnb Rental Income: $761 Traditional Rental Income: $1447 Airbnb ROI: -0.26% Traditional ROI: 6.68%
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: 0.22% Traditional cash on cash: 4.43% Airbnb Rental Income: $1062 Traditional Rental Income: $1691 Airbnb ROI: 0.22% Traditional ROI: 4.43%
118 Water Street #125 Des Moines, IA Welcome to your pet-friendly community downtown escape. This spacious one-bedroom, two-bat...	1 beds \| 2 baths \| 1,270 sq.ft.	$265,750	Airbnb cash on cash: -2.41% Traditional cash on cash: 3.4% Airbnb Rental Income: $761 Traditional Rental Income: $1902 Airbnb ROI: -2.41% Traditional ROI: 3.4%
119 4th Street unit: 309 #309 Des Moines, IA TWO STALL CAR TOGETHER Heated PARKING with STORAGE! Welcome to your dream downtown condo i...	2 beds \| 2 baths \| 1,159 sq.ft.	$315,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.81% Airbnb Rental Income: $1062 Traditional Rental Income: $1951 Airbnb ROI: -0.43% Traditional ROI: 3.81%
300 Walnut Street unit: 1505 #1505 Des Moines, IA Fantastic views of downtown and sunsets! Live the good life on the 15th floor. The Plaza, ...	1 beds \| 1 baths \| 750 sq.ft.	$167,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 6.11% Airbnb Rental Income: $761 Traditional Rental Income: $1553 Airbnb ROI: -0.85% Traditional ROI: 6.11%
120 SW 5th Street unit: 306 #306 Des Moines, IA Experience downtown living at Whiteline Lofts! This stylish condo offers a spacious living...	1 beds \| 1 baths \| 707 sq.ft.	$219,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 3.02% Airbnb Rental Income: $761 Traditional Rental Income: $1289 Airbnb ROI: -1.05% Traditional ROI: 3.02%
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: 0.74% Traditional cash on cash: 7.06% Airbnb Rental Income: $1062 Traditional Rental Income: $1837 Airbnb ROI: 0.74% Traditional ROI: 7.06%
1100 E 6th Street unit: 5 #5 Des Moines, IA Welcome to your urban oasis on the edge of the East Village! This updated condo at 1100 Ea...	2 beds \| 1 baths \| 801 sq.ft.	$104,900	Airbnb cash on cash: 3.82% Traditional cash on cash: 11.01% Airbnb Rental Income: $1062 Traditional Rental Income: $1428 Airbnb ROI: 3.82% Traditional ROI: 11.01%
3131 Fleur Drive unit: 206 & 208 #206 & 208 Des Moines, IA Luxury Redefined in a Premier Executive Condo. Sophisticated, spacious, and completely rei...	3 beds \| 3 baths \| 2,304 sq.ft.	$703,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 2.42% Airbnb Rental Income: $1212 Traditional Rental Income: $2974 Airbnb ROI: -0.86% Traditional ROI: 2.42%
714 15th Street Des Moines, IA Modern living meets historic charm in this spacious 1BR condo in Des Moines' iconic Sherma...	1 beds \| 1 baths \| 760 sq.ft.	$165,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 7.09% Airbnb Rental Income: $761 Traditional Rental Income: $1694 Airbnb ROI: -0.85% Traditional ROI: 7.09%
400 SW 7th Street unit: 309 #309 Des Moines, IA Enjoy the panoramic views of the downtown skyline, the Capitol and even fireworks over Pri...	2 beds \| 2 baths \| 1,049 sq.ft.	$315,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 5.46% Airbnb Rental Income: $1062 Traditional Rental Income: $2088 Airbnb ROI: 0.77% Traditional ROI: 5.46%
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.	$159,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 8.96% Airbnb Rental Income: $761 Traditional Rental Income: $1772 Airbnb ROI: 0.27% Traditional ROI: 8.96%
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: 0.48% Traditional cash on cash: 6.91% Airbnb Rental Income: $1062 Traditional Rental Income: $1893 Airbnb ROI: 0.48% 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.	$450,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 2.24% Airbnb Rental Income: $1062 Traditional Rental Income: $2139 Airbnb ROI: -1.18% Traditional ROI: 2.24%
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: 3.89% Traditional cash on cash: 11.49% Airbnb Rental Income: $1062 Traditional Rental Income: $1435 Airbnb ROI: 3.89% 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.	$284,500	Airbnb cash on cash: -1.22% Traditional cash on cash: 2.93% Airbnb Rental Income: $761 Traditional Rental Income: $1557 Airbnb ROI: -1.22% Traditional ROI: 2.93%
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: 0.35% Traditional cash on cash: 6.47% Airbnb Rental Income: $1062 Traditional Rental Income: $1913 Airbnb ROI: 0.35% Traditional ROI: 6.47%
119 4th Street unit: 306 #306 Des Moines, IA AGGRESSIVE PRICE REDUCTION-MOTIVATED TO SELL! Welcome to the downtown condo you've been wa...	2 beds \| 2 baths \| 1,166 sq.ft.	$275,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 4.6% Airbnb Rental Income: $1062 Traditional Rental Income: $1980 Airbnb ROI: -0.35% Traditional ROI: 4.6%
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: -0.14% Traditional cash on cash: 4.52% Airbnb Rental Income: $1062 Traditional Rental Income: $1969 Airbnb ROI: -0.14% 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.	$325,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 6.2% Airbnb Rental Income: $1062 Traditional Rental Income: $2417 Airbnb ROI: 0.57% Traditional ROI: 6.2%
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.	$205,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 4.67% Airbnb Rental Income: $761 Traditional Rental Income: $1486 Airbnb ROI: -0.66% Traditional ROI: 4.67%
1900 50th Street unit: 9 #9 Des Moines, IA This charming and affordable 3 bedroom, 2 bathroom end-unit condo offers 1,072 SF of updat...	3 beds \| 2 baths \| 1,072 sq.ft.	$150,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 8.49% Airbnb Rental Income: $1212 Traditional Rental Income: $1647 Airbnb ROI: 2.74% Traditional ROI: 8.49%

Your search for investment property begins and ends here

Condos for Sale in Des Moines, IA

507 E Locust Street unit: 207 #207

Des Moines, IA

2 beds | 2 baths | 1,427 sq.ft.

$239,900

Airbnb cash on cash: -3.27%

Traditional cash on cash: 2.59%

Airbnb Rental Income: $1062

Traditional Rental Income: $2023

Airbnb ROI: -3.27%

Traditional ROI: 2.59%

400 Walnut Street unit: 1002 #1002

Des Moines, IA

1 beds | 1 baths | 865 sq.ft.

$154,900

Airbnb cash on cash: -3.36%

Traditional cash on cash: 0.02%

Airbnb Rental Income: $761

Traditional Rental Income: $945

Airbnb ROI: -3.36%

Traditional ROI: 0.02%

400 SW 7th Street #304

Des Moines, IA

1 beds | 1 baths | 890 sq.ft.

$237,500

Airbnb cash on cash: -1.13%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $761

Traditional Rental Income: $1864

Airbnb ROI: -1.13%

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: 0.56%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $1062

Traditional Rental Income: $1530

Airbnb ROI: 0.56%

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: -2.6%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $761

Traditional Rental Income: $1380

Airbnb ROI: -2.6%

Traditional ROI: 4.13%

450 SW 7th Street unit: 208 #208

Des Moines, IA

2 beds | 2 baths | 1,258 sq.ft.

$335,000

Airbnb cash on cash: -0.64%

Traditional cash on cash: 4.27%

Airbnb Rental Income: $1062

Traditional Rental Income: $2242

Airbnb ROI: -0.64%

Traditional ROI: 4.27%

120 SW 5th St. Street #604

Des Moines, IA

1 beds | 1 baths | 1,039 sq.ft.

$289,000

Airbnb cash on cash: -3.73%

Traditional cash on cash: -0.24%

Airbnb Rental Income: $761

Traditional Rental Income: $1395

Airbnb ROI: -3.73%

Traditional ROI: -0.24%

400 E Locust Street unit: 302 #302

Des Moines, IA

1 beds | 1 baths | 805 sq.ft.

$159,700

Airbnb cash on cash: -3.65%

Traditional cash on cash: 3.84%

Airbnb Rental Income: $761

Traditional Rental Income: $1587

Airbnb ROI: -3.65%