Reliable Housing.
Local Ownership.
Long-Term Vision.
Built on Foundation
Capital City Properties Iowa is a locally owned real estate company providing quality rental housing throughout the Des Moines metropolitan area. We focus on well-maintained properties, responsible management, and long-term relationships with our residents.
Our mission is simple:
Provide safe, comfortable housing while improving the neighborhoods we invest in.
With a growing portfolio of residential properties across Central Iowa, Capital City Properties is committed to maintaining high standards for tenants and delivering dependable housing options in the communities we serve.
Our Founder’s Promise
"We don't just own buildings; we curate neighborhoods. Every property in our portfolio represents a decades-long commitment to the city of Des Moines."
— Dmitriy KommLong-term Ownership
We acquire properties with the intent to hold them for decades. This allows us to make sustainable investment decisions that benefit both tenants and the property’s long-term value.
Quality Housing
Every unit undergoes rigorous inspection and renovation. We believe everyone deserves a home that is safe, efficient, and aesthetically pleasing.
Community Improvement
By rehabilitating neglected buildings and supporting local contractors, we actively contribute to the revitalization of the Des Moines metro area.
Your Home, Our Priority.
We leverage modern technology to provide an effortless living experience. From payment to maintenance, everything is handled with professional care.
24/7 Maintenance Support
Urgent issues are addressed immediately by our network of local trusted contractors.
Direct Communication
No complex phone trees. You have a direct line to a management team that knows your property.

A Vision of Stability
We believe that capital stability is the byproduct of residential satisfaction. Our investment strategy focuses on long-term appreciation through meticulous renovation.
Architectural Integrity
We honor the history of Des Moines by preserving the character of historic buildings while modernizing their structural cores.
Stable Value
Focused on Iowa’s recession-resistant housing market, we prioritize low-turnover and high-quality occupancy over aggressive rent growth.
Vibrant Growth
Every property we stabilize adds value to the block, encouraging neighbors and other local owners to invest in their own properties.
Get In Touch
Contact the Team
Serving the Des Moines metropolitan area with integrity and local insight.
