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19 Apartment Buildings for Sale in Des Moines

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Frequently Asked Questions
How are duplexes valued compared to larger multifamily properties?
Smaller properties like duplexes may be valued using comparable sales in addition to income-based methods. In contrast, larger multifamily properties are typically valued primarily on net operating income and cap rate. If you're benchmarking pricing across markets, reviewing duplexes for sale in the U.S. can help you compare deal structure and pricing patterns.
Are triplex properties available on LoopNet?
Yes. LoopNet lists triplex properties in markets nationwide. A triplex provides three income streams within one asset, which can improve cash flow stability compared to a duplex while remaining operationally simple. Explore triplexes for sale across the U.S. to compare pricing and available inventory by market.
What should I analyze before buying a fourplex?
Investors should review rent roll stability, operating expenses, property condition, local rental demand, and financing structure. Because fourplexes operate more like small commercial assets, underwriting discipline becomes more important at this level. Browse fourplexes and quadplexes for sale to compare unit mix, pricing, and expected return profiles across markets.
LoopNet USA Iowa Apartment Buildings For Sale in Des Moines, IA, USA
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Learn More About Investing in Apartment Buildings

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LISTING COUNT TREND

AVERAGE CAP RATE TREND

AVERAGE PRICE PER SF TREND

SIZE RANGE

Apartment Building Size Square Feet
Maximum 89,440 SF
Average 30,116 SF
Minimum 2,574 SF

CAP RATE RANGE

Apartment Building Cap Rate Cap Rate
Maximum 9.08%
Average 7.69%
Minimum 5.51%

PRICE PER SF RANGE

Apartment Building Price Price Per SF
Maximum $156
Average $112
Minimum $70

Apartment Buildings by City
Apartment Buildings by Neighborhood
Related Property Types in Des Moines

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