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.

Townhouses for Sale in Des Moines, IA

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

Showing 70 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
500 N Valley Drive #506 Des Moines, IA An art lover's dream! This move-in-ready 2-bedroom, 2.5-bath townhome offers 1,152 square ...	2 beds \| 3 baths \| 1,152 sq.ft.	$190,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 7.4% Airbnb Rental Income: $974 Traditional Rental Income: $2043 Airbnb ROI: -0.47% Traditional ROI: 7.4%
2505 53rd st Des Moines, IA	3 beds \| 2 baths \| N/A	$190,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 3.73% Airbnb Rental Income: $1411 Traditional Rental Income: $1469 Airbnb ROI: 1.06% Traditional ROI: 3.73%
111 10th Street #410 Des Moines, IA Rare Downtown Loft with Massive Private Patio in the Iconic Look Magazine Building! Experi...	1 beds \| 2 baths \| 1,248 sq.ft.	$272,499	Airbnb cash on cash: -3.81% Traditional cash on cash: 0.95% Airbnb Rental Income: $608 Traditional Rental Income: $1539 Airbnb ROI: -3.81% Traditional ROI: 0.95%
400 E Locust Street #102 Des Moines, IA Experience the best urban living in DSM's East Village. This condo is accessed from the fr...	1 beds \| 1 baths \| 875 sq.ft.	$210,000	Airbnb cash on cash: -3.62% Traditional cash on cash: 2.73% Airbnb Rental Income: $608 Traditional Rental Income: $1582 Airbnb ROI: -3.62% Traditional ROI: 2.73%
550 Indianola Road #7 Des Moines, IA Downtown Des Moines living at its finest! Enjoy incredible skyline views, beautiful sunset...	2 beds \| 3 baths \| 1,386 sq.ft.	$450,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3% Airbnb Rental Income: $974 Traditional Rental Income: $2150 Airbnb ROI: -0.62% Traditional ROI: 3%
508 Indianola Road #8 Des Moines, IA Experience the best of urban living in the heart of Downtown Des Moines! These newly built...	2 beds \| 3 baths \| 1,386 sq.ft.	$410,000	Airbnb cash on cash: -2.09% Traditional cash on cash: 2.9% Airbnb Rental Income: $974 Traditional Rental Income: $2543 Airbnb ROI: -2.09% Traditional ROI: 2.9%
111 10th Street #302 Des Moines, IA Discover a unique blend of historic character and modern convenience in this beautifully u...	1 beds \| 2 baths \| 1,335 sq.ft.	$292,499	Airbnb cash on cash: -4.9% Traditional cash on cash: -0.7% Airbnb Rental Income: $608 Traditional Rental Income: $1476 Airbnb ROI: -4.9% Traditional ROI: -0.7%
4429 Lower Beaver Road Des Moines, IA Beautiful 4 bedroom ranch townhome located in lower beaver and central to everything Des M...	4 beds \| 3 baths \| 1,323 sq.ft.	$335,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.22% Airbnb Rental Income: $1933 Traditional Rental Income: $2114 Airbnb ROI: 2.03% Traditional ROI: 4.22%
450 SW 7th Street #204 Des Moines, IA Experience downtown living with the perfect blend of convenience, security, and low-mainte...	1 beds \| 1 baths \| 891 sq.ft.	$225,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 3.41% Airbnb Rental Income: $608 Traditional Rental Income: $1381 Airbnb ROI: -1.58% Traditional ROI: 3.41%
4828 Ingersoll Avenue Des Moines, IA WOODS @ Waterbury is a pocket community on Ingersoll featuring 8 luxury rowhomes, 4 ranch ...	3 beds \| 3 baths \| 1,672 sq.ft.	$410,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 4.73% Airbnb Rental Income: $1411 Traditional Rental Income: $2839 Airbnb ROI: -0.09% Traditional ROI: 4.73%
2712 Fleur Drive Des Moines, IA Brand new. Contemporary townhomes close to airport and downtown. Located on prestigious Fl...	3 beds \| 4 baths \| 2,133 sq.ft.	$449,900	Airbnb cash on cash: -1.09% Traditional cash on cash: 3.57% Airbnb Rental Income: $1411 Traditional Rental Income: $2951 Airbnb ROI: -1.09% Traditional ROI: 3.57%
2100 Meadow Chase Lane #306 Des Moines, IA Welcome to easy, low-maintenance living at 2100 Meadow Chase Lane #306. This well-maintain...	2 beds \| 3 baths \| 1,385 sq.ft.	$173,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 9.19% Airbnb Rental Income: $974 Traditional Rental Income: $2292 Airbnb ROI: -0.94% Traditional ROI: 9.19%
4840 Ingersoll Avenue Des Moines, IA OPEN SUN 1-3 WOODS @ Waterbury is a pocket community on Ingersoll featuring 8 luxury r...	3 beds \| 3 baths \| 1,672 sq.ft.	$399,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.64% Airbnb Rental Income: $1411 Traditional Rental Income: $2746 Airbnb ROI: -0.07% Traditional ROI: 4.64%
335 Forest Avenue #21 Des Moines, IA Experience modern living in the charming historic Riverbend neighborhood. Just steps from ...	2 beds \| 3 baths \| 1,456 sq.ft.	$305,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 6.99% Airbnb Rental Income: $974 Traditional Rental Income: $2651 Airbnb ROI: -0.07% Traditional ROI: 6.99%
335 Forest Avenue #22 Des Moines, IA Experience modern living in the charming, historic Riverbend neighborhood, just steps from...	2 beds \| 3 baths \| 1,456 sq.ft.	$269,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 8.02% Airbnb Rental Income: $974 Traditional Rental Income: $2651 Airbnb ROI: 0.05% Traditional ROI: 8.02%
335 Forest Avenue #23 Des Moines, IA Experience modern living in the charming, historic Riverbend neighborhood, just steps from...	2 beds \| 3 baths \| 1,478 sq.ft.	$269,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 8.04% Airbnb Rental Income: $974 Traditional Rental Income: $2651 Airbnb ROI: 0.05% Traditional ROI: 8.04%
335 Forest Avenue #24 Des Moines, IA Experience modern living in the charming, historic Riverbend neighborhood, just steps from...	2 beds \| 3 baths \| 1,498 sq.ft.	$315,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 6.75% Airbnb Rental Income: $974 Traditional Rental Income: $2651 Airbnb ROI: -0.1% Traditional ROI: 6.75%
3799 Village Run Drive #907 Des Moines, IA You won't want to miss this 2 bed, 2 bath townhouse in Brook Run walking distance to Brook...	2 beds \| 2 baths \| 1,308 sq.ft.	$167,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 8.65% Airbnb Rental Income: $974 Traditional Rental Income: $2088 Airbnb ROI: -0.55% Traditional ROI: 8.65%
2323 E Porter Avenue #13 Des Moines, IA Welcome to this well-maintained ground-level condo offering comfort, convenience, and an i...	2 beds \| 2 baths \| 1,014 sq.ft.	$145,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 8.13% Airbnb Rental Income: $974 Traditional Rental Income: $1786 Airbnb ROI: -0.25% Traditional ROI: 8.13%
1343 Keosauqua Way Des Moines, IA Experience the best of downtown living in this beautifully maintained and stylish townhome...	2 beds \| 3 baths \| 1,365 sq.ft.	$349,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 5.04% Airbnb Rental Income: $974 Traditional Rental Income: $2465 Airbnb ROI: -0.56% Traditional ROI: 5.04%
1327 Keosauqua Way Des Moines, IA Experience the downtown lifestyle with ultra-modern amenities in this light-filled 2+ bedr...	2 beds \| 3 baths \| 1,365 sq.ft.	$359,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 5.07% Airbnb Rental Income: $974 Traditional Rental Income: $2481 Airbnb ROI: -0.44% Traditional ROI: 5.07%
5221 Village Run Avenue #1503 Des Moines, IA Super cute and move-in ready two-story condo with attached one-car garage! Offering over 1...	2 beds \| 2 baths \| 1,166 sq.ft.	$158,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 9.76% Airbnb Rental Income: $974 Traditional Rental Income: $1976 Airbnb ROI: 0.84% Traditional ROI: 9.76%
1518 Park Avenue Des Moines, IA Welcome to this move-in ready twin home on Wakanda Golf Club! Enjoy an unbeatable setting ...	3 beds \| 4 baths \| 1,862 sq.ft.	$635,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 1.37% Airbnb Rental Income: $1411 Traditional Rental Income: $2805 Airbnb ROI: -1.69% Traditional ROI: 1.37%
214 Watson Powell Jr Way #505 Des Moines, IA New carpet throughout. Tucked on a quiet street just steps from the riverwalk, this home b...	3 beds \| 3 baths \| 1,849 sq.ft.	$340,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 4.41% Airbnb Rental Income: $1411 Traditional Rental Income: $2448 Airbnb ROI: -0.17% Traditional ROI: 4.41%
111 10th Street #407 Des Moines, IA Seller is willing to pay 6 months of HOA dues with an acceptable offer! AMAZING VALUE in t...	1 beds \| 2 baths \| 1,278 sq.ft.	$209,900	Airbnb cash on cash: -2.16% Traditional cash on cash: 5.61% Airbnb Rental Income: $608 Traditional Rental Income: $1862 Airbnb ROI: -2.16% Traditional ROI: 5.61%
7000 Lake Ridge Avenue #24 Des Moines, IA This modern two-story townhome with a Pottery Barn inspired interior will catch your eye! ...	3 beds \| 3 baths \| 1,597 sq.ft.	$249,999	Airbnb cash on cash: 0.81% Traditional cash on cash: 7.54% Airbnb Rental Income: $1411 Traditional Rental Income: $2576 Airbnb ROI: 0.81% Traditional ROI: 7.54%
450 SW 7th Street #304 Des Moines, IA Top-floor downtown Des Moines condo with the LARGEST 1-bedroom floor plan in the entire Ed...	1 beds \| 1 baths \| 890 sq.ft.	$220,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 6.21% Airbnb Rental Income: $608 Traditional Rental Income: $1700 Airbnb ROI: -0.43% Traditional ROI: 6.21%
1604 Ingersoll Avenue Des Moines, IA Modern, maintenance-free living with rooftop skyline views in an unbeatable Ingersoll loca...	3 beds \| 3 baths \| 1,912 sq.ft.	$415,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 5.46% Airbnb Rental Income: $1411 Traditional Rental Income: $2821 Airbnb ROI: 0.75% Traditional ROI: 5.46%
1633 Grand Avenue Des Moines, IA Experience the energy and excitement of downtown DSM living in this stylish 3 level townho...	2 beds \| 3 baths \| 1,872 sq.ft.	$399,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 5.63% Airbnb Rental Income: $974 Traditional Rental Income: $2800 Airbnb ROI: -0.18% Traditional ROI: 5.63%
111 10th Street #222 Des Moines, IA Downtown Des Moines loft living at its best in the historic 111 City Lofts, the former Loo...	1 beds \| 2 baths \| 1,381 sq.ft.	$249,999	Airbnb cash on cash: -2.22% Traditional cash on cash: 4.48% Airbnb Rental Income: $608 Traditional Rental Income: $1899 Airbnb ROI: -2.22% Traditional ROI: 4.48%
228 E Center Street Des Moines, IA Fully Furnished - High-Demand - Investor's Welcome! This fully furnished 3BR, 3.5BA end-un...	3 beds \| 4 baths \| 2,218 sq.ft.	$599,900	Airbnb cash on cash: 0% Traditional cash on cash: 4.61% Airbnb Rental Income: $1411 Traditional Rental Income: $3570 Airbnb ROI: 0% Traditional ROI: 4.61%
5702 Grand Avenue Des Moines, IA Introducing Westwood Estates, an exclusive luxury townhome development in the sought-after...	3 beds \| 3 baths \| 2,050 sq.ft.	$699,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 1.83% Airbnb Rental Income: $1411 Traditional Rental Income: $2953 Airbnb ROI: -1.19% Traditional ROI: 1.83%
5734 Grand Avenue Des Moines, IA Introducing Westwood Estates, an exclusive luxury townhome development in the sought-after...	3 beds \| 3 baths \| 2,350 sq.ft.	$799,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 1.45% Airbnb Rental Income: $1411 Traditional Rental Income: $3079 Airbnb ROI: -1.36% Traditional ROI: 1.45%
5128 Bel Aire Road Des Moines, IA Back on the market due to buyer financing falling through. Was already through inspection!...	2 beds \| 1 baths \| 556 sq.ft.	$172,500	Airbnb cash on cash: 0.8% Traditional cash on cash: 5.18% Airbnb Rental Income: $974 Traditional Rental Income: $1343 Airbnb ROI: 0.8% Traditional ROI: 5.18%
100 Market Street #215 Des Moines, IA ONE OF A KIND! This executive downtown loft is what dreams are made of - facing the I-Cubs...	2 beds \| 2 baths \| 1,750 sq.ft.	$645,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 0.78% Airbnb Rental Income: $974 Traditional Rental Income: $2171 Airbnb ROI: -1.8% Traditional ROI: 0.78%
3031 Grand Avenue #317 Des Moines, IA Beautiful 3rd floor condo with balcony that has a nice view of Grand Avenue. Unit has newe...	2 beds \| 2 baths \| 1,285 sq.ft.	$234,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 5.51% Airbnb Rental Income: $974 Traditional Rental Income: $1929 Airbnb ROI: -0.39% Traditional ROI: 5.51%
1310 Murphy Street #302 Des Moines, IA	2 beds \| 2 baths \| 1,350 sq.ft.	$422,900	Airbnb cash on cash: -1.22% Traditional cash on cash: 2.9% Airbnb Rental Income: $974 Traditional Rental Income: $2254 Airbnb ROI: -1.22% Traditional ROI: 2.9%
500 N Valley Drive #602 Des Moines, IA Enjoy peaceful living in this well-maintained end-unit townhome nestled in a secluded Sout...	2 beds \| 3 baths \| 1,332 sq.ft.	$205,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 8.07% Airbnb Rental Income: $974 Traditional Rental Income: $2160 Airbnb ROI: 0.17% Traditional ROI: 8.07%
1310 Murphy Street #303 Des Moines, IA	1 beds \| 1 baths \| 930 sq.ft.	$284,900	Airbnb cash on cash: -1.71% Traditional cash on cash: 3.62% Airbnb Rental Income: $608 Traditional Rental Income: $1751 Airbnb ROI: -1.71% Traditional ROI: 3.62%
3701 Brook Ridge Court #308 Des Moines, IA This charming 2-story end-unit townhome offers a peaceful setting at the end of the street...	2 beds \| 2 baths \| 1,264 sq.ft.	$184,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 8.48% Airbnb Rental Income: $974 Traditional Rental Income: $2026 Airbnb ROI: 0.46% Traditional ROI: 8.48%

Your search for investment property begins and ends here

Townhouses for Sale in Des Moines, IA

500 N Valley Drive #506

Des Moines, IA

2 beds | 3 baths | 1,152 sq.ft.

$190,000

Airbnb cash on cash: -0.47%

Traditional cash on cash: 7.4%

Airbnb Rental Income: $974

Traditional Rental Income: $2043

Airbnb ROI: -0.47%

Traditional ROI: 7.4%

2505 53rd st

Des Moines, IA

3 beds | 2 baths | N/A

$190,000

Airbnb cash on cash: 1.06%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $1411

Traditional Rental Income: $1469

Airbnb ROI: 1.06%

Traditional ROI: 3.73%

111 10th Street #410

Des Moines, IA

1 beds | 2 baths | 1,248 sq.ft.

$272,499

Airbnb cash on cash: -3.81%

Traditional cash on cash: 0.95%

Airbnb Rental Income: $608

Traditional Rental Income: $1539

Airbnb ROI: -3.81%

Traditional ROI: 0.95%

400 E Locust Street #102

Des Moines, IA

1 beds | 1 baths | 875 sq.ft.

$210,000

Airbnb cash on cash: -3.62%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $608

Traditional Rental Income: $1582

Airbnb ROI: -3.62%

Traditional ROI: 2.73%

550 Indianola Road #7

Des Moines, IA

2 beds | 3 baths | 1,386 sq.ft.

$450,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 3%

Airbnb Rental Income: $974

Traditional Rental Income: $2150

Airbnb ROI: -0.62%

Traditional ROI: 3%

508 Indianola Road #8

Des Moines, IA

2 beds | 3 baths | 1,386 sq.ft.

$410,000

Airbnb cash on cash: -2.09%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $974

Traditional Rental Income: $2543

Airbnb ROI: -2.09%

Traditional ROI: 2.9%

111 10th Street #302

Des Moines, IA

1 beds | 2 baths | 1,335 sq.ft.

$292,499

Airbnb cash on cash: -4.9%

Traditional cash on cash: -0.7%

Airbnb Rental Income: $608

Traditional Rental Income: $1476

Airbnb ROI: -4.9%

Traditional ROI: -0.7%

4429 Lower Beaver Road

Des Moines, IA

4 beds | 3 baths | 1,323 sq.ft.

$335,000

Airbnb cash on cash: 2.03%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $1933

Traditional Rental Income: $2114

Airbnb ROI: 2.03%