Condos for Sale in Des Moines, IA

This fully renovated 12-room motel in Des Moines, IA (including one laundry room) offers a rare turnkey opportunity for buyers seeking immediate cash flow and long-term growth. Upgraded in 2019 with a new roof, siding, HVAC, electricals, modern interiors, high-speed Wi-Fi, CCTV security, and more, the property also includes a beautifully remodeled, fully furnished owner’s apartment. Ideally located just 10 minutes from downtown and the international airport, and 15 minutes from West Des Moines' major corporate hubs, the motel enjoys consistent 100% occupancy with a loyal mix of daily and weekly guests—many of whom are billed directly through government and charitable agencies. The business generates strong six-figure income annually and is well-positioned for expansion, with options to add rooms or introduce new revenue streams such as a restaurant, coin laundry, EV charging, or a convenience store. Owner-operated since 2006, the sellers are offering up to three months of hands-on training to ensure a smooth transition. Financials available post-NDA—serious inquiries only.

Residential lot in wooded neighborhood and backs to Ewing Park. This is a buildable lot.

Residential lot on E Diehl Avenue, north side of street. Great location for a new home or for any use that might be suitable. Lot is in city limits for tax abatement on new construction.