Properties for Sale
NFC Properties, LLC is a program within Neighborhood Finance Corporation (NFC) that purchases and renovates homes, builds new construction homes, and lists completed properties for sale. These efforts support neighborhood revitalization and expand access to quality housing in NFC’s lending areas.
Whether you're exploring a move, searching for a home with long-term potential, or looking for a property that can benefit from forgivable, deferred, or repayable financing, NFC Properties, LLC makes it easy to see what’s possible.
How NFC Properties Works
NFC Properties, LLC acquires homes in targeted neighborhoods, renovates them to modern standards, and builds new construction homes that strengthen community stability. Once a home is complete, it is listed for sale and made available to homebuyers.
In addition to NFC-owned listings, this page includes homes located within NFC lending areas that may qualify for NFC financing. Browse available properties, filter by location, and explore homes that align with your goals.
Listings are updated regularly as new homes become available.
417 E Granger Avenue, Des Moines
This home is available to be purchased through the Central Iowa Community Land Trust (CICLT). This beautiful home was built by NFC Properties in partnership with Invest DSM.
Homebuyers earning below 80% of the area median income and receiving financing through Neighborhood Finance Corporation (NFC), may be eligible for $82,930 down payment assistance and additional benefit to lower their monthly house payment. These benefits are available for CICLT eligible homebuyers.
NFC’s $15,000 forgivable loan is available for a partial basement finish or other improvements.
For more information on the CICLT, please contact:
Jaqueline Chico – CICLT Project Manager/Housing Counselor
1618 6th Ave, Des Moines, IA 50314
515-650-4051
chico.jaqueline@homeincdsm.org
425 E Granger Avenue, Des Moines
Welcome home to this stunning two story built by NFC and Invest DSM, located just five minutes from downtown Des Moines and qualifies for tax abatement! Step inside to a bright, open living space where large windows flood the home with natural light and create an inviting atmosphere for everyday living and entertaining. The kitchen is both beautiful and functional, featuring white cabinetry, stainless steel appliances, quartz countertops, a spacious island, stylish tile backsplash, and a dedicated pantry for added storage. A convenient half bath is also on this level. Upstairs, you’ll find all 3 bedrooms and 2 full bathrooms, including a spacious primary suite with a walk-in closet and a private en-suite bath with a tiled shower. A convenient 2nd floor laundry room with built-in storage adds everyday ease. The unfinished lower level is framed and ready for future finishing, offering an excellent opportunity to build equity. Outside, enjoy a private backyard with a patio perfect for relaxing or entertaining, along with a welcoming covered front porch. The detached two-car garage is a standout, featuring 9-foot ceilings, an 8-foot overhead door, and pull-down stairs leading to an attic space with attic trusses, ideal for extra storage or potential finished space!
240 E Livingston Ave
2011 sq ft; 2-story; Under Construction similar photo used.
2701 Maury Street, Des Moines
Land only, commercial zoning
Prime commercial opportunity in Des Moines! This .479-acre vacant commercial lot is zoned EX Mixed Use District, offering flexibility for a variety of potential uses. Convenient access to major roadways, downtown Des Moines, and nearby amenities adds to its appeal. Bring your vision and take advantage of this versatile opportunity.
235 E Livingston Ave
2-story, 2031sq ft; Under Construction similar photo used.
217 SE 28th St
1-story; 1096sq ft; Under Construction similar photo used.
2532 Onawa St
1-story; 1096 sqft; Under Construction similar photo used.
2503 Shaw Street, Des Moines
Three bedrooms and 2 bathrooms are conveniently situated on the main level, providing space and comfort for all. The roughed-in lower level is ready for quick finishing, with space for an additional bedroom (with an egress window) and family room, offering easy equity. Outside, enjoy a 10’x12′ storage shed, LP smart siding, and lifetime-duration shingles for peace of mind.