Black Hawk County IA Multifamily Homes & Duplexes for Sale

Discover a lucrative investment opportunity with this 32-unit property in Waterloo. Ideal for investors seeking a stable income stream, this well-maintained complex offers spacious two-bedroom, one-bathroom units with full basements. 32 Rental Units: Solid history of 95%+ occupancy Two-Bedroom, One-Bathroom Units: Comfortable and practical layouts. Full Basements: Additional storage space for

Tyler Rasmussen EPM, Iowa

Investor and home renovator opportunity here! This home is ready to reno! This home was previously a duplex and could still be, but is also in the process of being converted into a single family home. Newer Windows and doors, new siding, two new fuse boxes, and new electrical ran through half the house. Come take a look at a great project home! Sold AS-IS

Justin Finn Four Seasons Realtors Inc

Discover the perfect blend of convenience, comfort, and investment potential in this well-maintained two-family duplex, ideally situated in a prime central location close to schools, and major commuter routes.Whether you're an investor looking to expand your portfolio or a homeowner seeking rental income to offset your mortgage, this side by side duplex offers an exceptional opportunity in an

Mike Taylor Lockard Realty Company

Great investment property to add to your portfolio or a fun fix and flip. Motivated seller. Property being sold AS IS seller to make no repairs.

Kelly Jo Fretto Pinnacle Realty

Check out this duplex right in the heart of Cedar Falls! Both units are currently rented, making it a great investment opportunity. Whether you’re thinking short-term rental, long-term rental, or even living in one side while renting out the other, this place gives you plenty of options.

Bethany Benner Oakridge Real Estate

Great potential for an owner-occupied duplex or multi-generational family situation. Just a couple blocks from some amazing bike trails and parks. Great double garage for plenty of parking or storage. Corner lot in a peaceful neighborhood in north cedar. 1 Bedroom in upper unit and 3 in Lower unit but could be remodeled for more bedrooms if preferred.

Bob Delveau Oakridge Real Estate

This duplex presents a unique opportunity! Custom built in 2006, this owner-occupied property offers comfortable living at 924 Elmridge Dr. with an income producing rental attached at 3814 Eastpark Rd. Use the smaller side for a rental or a multi-generational set-up. The entire property is "For Sale" as one purchase. Pulling into the driveway of 924 Elmridge Drive you will be "wowed" with the

Bryn Mangrich Oakridge Real Estate

ATTENTION INVESTORS!! Come look at this traditional 8 plex. Tired of only seeing cobbled up conversions! This one is for you. Plenty of opportunity here to grow your business. Rents are consistently over $4600.00 per month. Currently $4750.00 plus any pet rents. 8 one bed one bath units. Most of them have been freshly painted in the last 12 months and some have new flooring and minor

James Snider Premier Farm Realty Group

27 units- 24 apartments 3 stoore fronts

Mike Taylor Lockard Realty Company

Great investment opportunity! Lower unit features two bedrooms and one bathroom. Upstairs unit offers one bedroom and one bathroom.

Leeann Sires EPM, Iowa

This is the kind of asset every investor is looking for—24 fully occupied, low-maintenance units in a prime Waterloo location. Located at 611 & 619 Johnson Avenue, this multifamily package features two 12-unit buildings, each comprised entirely of 2 bed / 1 bath units with in-unit laundry—a key amenity that drives tenant demand and reduces turnover. Each unit is individually metered, with

Tyler Rasmussen EPM, Iowa

Great cash flow on this duplex! Fully occupied and ready to go! Downstairs unit is a 1 bedroom, and the back/upstairs is a 2 bedroom

Lindsey Bierman Epique Realty

Duplex for sale. 2 bedroom, 1 bath units, very spacious and kept in great condition. Great investor property. Come check it out and you will be very satisfied.

Abigail Matamoros Berkshire Hathaway Home Services One Realty Centre

Investor Alert! 1129 South St, Waterloo, IA 50702 Turnkey income opportunity with recent updates throughout! This duplex-style property offers two self-contained units ready to rent or occupy. The main-level unit features 1 bedroom, 1 bath, and a full kitchen, while the upper unit includes 2 bedrooms, 1 bath, a spacious living room, and a full kitchen — perfect for maximizing returns or house

Justin Finn Four Seasons Realtors Inc

Don’t miss this exceptional opportunity to own a fully occupied, income-producing fourplex, just minutes from downtown Waterloo’s vibrant shopping, dining, and amenities. Each of the four 2-bedroom, 1-bath units offers approximately 900 sq. ft. of living space. Significant capital improvements have already been completed, making this a strong investment option: Updated LVP flooring in multiple

Brandie White Berkshire Hathaway Home Services One Realty Centre

Duplex located blocks from Main St. in Cedar Falls; Lower unit (2-3 bedroom/ 2 baths) rents for $900 and upper unit (2 bed 1 bath) rents for $825; Water for upstairs unit is included in rent; Lower unit pays own water bill; Current lease for lower unit expires June 30, 2026 and renter hopes to stay; Upper unit is on month to month lease; renter hopes to stay; only lower unit has access to washer

Janice Hewitt RE/MAX Concepts - Cedar Falls

Large side-by-side duplex offering 4 bedrooms per side with spacious units, updated kitchen and large bathrooms. Property sits on a slab on large lot. Great additional to your rental portfolio!

Chris Fischels Fischels Commercial Group

Don't miss out on this excellent investment opportunity in Waterloo! This unique property includes three parcels totaling 0.47 acres, offering both immediate income and long-term potential. Two fully occupied rental units with separate entrances generating steady income: Unit 1: $700/month and Unit 2: $825/month. Recently built a 2-stall garage with garage door openers. Includes an additional

Brandie White Berkshire Hathaway Home Services One Realty Centre

**Investors Dream: Modern Duplex in Cedar Falls!** Introducing a fantastic investment opportunity in Cedar Falls! This super clean duplex, built in 2018, features spacious 3 bedrooms and 3.5 baths on each side, making it perfect stylish living space. Currently rented through early summer 2026 at $1,800 per side, this property offers instant revenue with reliable tenants already in place. Each

Sara Wegmann Oakridge Real Estate

Each unit in this well-maintained property features 1 bedroom and 1 bathroom, perfect for investors or first-time buyers. Located in a convenient neighborhood, the property offers easy access to schools, shopping, and public transportation. Great rental potential with steady occupancy history. Don’t miss this chance to add a reliable income-producing property to your portfolio!

Kurt Clements ListWithFreedom.com

Fully leased multi-unit property in a highly sought-after Cedar Falls location—just minutes from the college campus and the lively downtown district. This well-kept duplex offers two 1-bed, 1-bath units. The upper unit rents for $900/month, and the lower unit brings in $1001/month. Owner pays for water and sewer and the average is between $145-$180 per month. With a solid rental history and

Christine Taylor KW 1Advantage

Great investment opportunity in a ranch style duplex! Two bedroom, one bathroom, living room, kitchen, 12x14 concrete patio each unit. Nice corner lot location in a quiet neighborhood. 1103 rent is $660/month 1107 rent is $675/month, both section 8 tenants. Would make for a great investment! Schedule your showing today!

Ron Garris, CRB,CRS AWRE - Commercial & Development

Located just one block from UNI campus, this investment property generates consistent revenue! All units are well-maintained with recent updates. Offering two three-bedroom units and two one-bedroom units, this versatile complex provides options for all students. All four units have dishwasher, stove, and refrigerator. On-site laundry available for tenants to use with coins. Walking distance to

Mike Taylor Lockard Realty Company

This charming 6-unit apartment building is located in the heart of Waterloo, IA, just minutes from downtown amenities. Built in 1904, the property spans 2 floors and offers a solid investment opportunity for rental income. Each unit features functional layouts suitable for tenants, and the building sits on a 0.15-acre lot. Perfect for investors looking to expand their multi-family portfolio in a

Kurt Clements ListWithFreedom.com

Fantastic investment opportunity within walking distance of Main St. Cedar Falls! Main floor includes 4 beds and 2 baths, ample sized living room, kitchen with oven/stove, refrigerator, and dishwasher. Upstairs has 1 bed and 1 bath, kitchen with oven/stove & refrigerator, and includes washer/dryer in the unit. This property also boasts an oversized, detached 2-stall garage. Great duplex to add to

Greg Schneider Fischels Residential Group

Investment Opportunity! Duplex in Prime Cedar Falls Location – Walk to Downtown! This property is currently under lease for $1,650 a month so there is room to raise rents in the future. The current renter recently resigned a year lease so no need to find new tenants right away! Don't miss this rare opportunity to own a duplex just steps from vibrant downtown Cedar Falls! This versatile

Blake Keating AWRE - Commercial & Development