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INVEST DSM PROPERTIES

SPECIAL INVESTMENT DISTRICT PROPERTIES

Invest DSM is dedicated to rehabbing homes in Des Moines using qualified contractors. While our homeowner grant programs are responsible for the vast majority of projects we complete in a year, Invest DSM is also active in taking on high-quality development work that the private market would not complete on its own. This includes acquiring homes that need significant renovation work or that meet a specific strategic goal in our special investment districts. The properties listed below are ones that Invest DSM has purchased to facilitate rehabilitation work on, or lots where Invest DSM has facilitated a new construction project. As with everything we do, our development work reinforces high standards of quality and diversifies the housing available for future generations.


1415 47th St

Address: 1415 47th St

Anticipated Completion: Fall 2024

3114 Cottage Grove Ave

Address: 3114 Cottage Grove Ave

Anticipated Completion: Late Spring 2024

3104 Cottage Grove Ave

Address: 3104 Cottage Grove Ave

Anticipated Completion: Late Spring 2024

1074 31st St

Address: 1074 31st St

Pending Sale

1086 25th St

Address: 1086 25th St

Anticipated Completion: February 2024

SINGLE FAMILY DEVELOPER PROPERTIES

Through the Single Family Developer program, Invest DSM also helps rehabbers, investors, and developers acquire and rehabilitate property in our special investment districts.

The properties listed below are ones that Invest DSM has granted funds to help close the gap between the cost to build or renovate and the resale price of properties in our special investment districts. These grants are intended to enable high-quality projects that don’t pencil out on their own.


1323 44th St

Address: 1323 44th St

Spring 2024

245 E Edison

Address: 245 E Edison

Spring 2024

244 E Columbus

Address: 244 E Columbus

Spring 2024

1103 24th St

Address: 1103 24th St

1107 24th St

Address: 1107 24th St

Spring 2024