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Council Bluffs, IA Multifamily Homes & Duplexes for Sale

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  • 129 S 8th St, Council Bluffs, IA 51501
    129 S 8th St, Council Bluffs, IA 51501
    129 S 8th St, Council Bluffs, IA 51501
    /37

    $210,000

    • 2,578 Sq Ft

    129 S 8th St, Council Bluffs, IA 51501

    Endless Possibilities & Strong Returns--Updated Duplex Near Everything. This fully remodeled two-story duplex offers flexibility, income potential, and unbeatable proximity--just minutes from hospitals, shopping, restaurants, and downtown Council Bluffs. Whether you're looking to live in one unit and rent the other, run a home-based business, or Airbnb for even more return, this property fits the

    Monte Wilson NP Dodge Real Estate - Council Bluffs

    129 S 8th St, Council Bluffs, IA 51501
  • 105 Bluff St, Council Bluffs, IA 51503
    105 Bluff St, Council Bluffs, IA 51503
    105 Bluff St, Council Bluffs, IA 51503
    /15

    $280,000

    • 2,392 Sq Ft

    105 Bluff St, Council Bluffs, IA 51503

    Looking for a smart investment with serious charm? This 2-family gem in Council Bluffs is calling your name! Built in 1910, it offers two spacious units, each with 3 bedrooms and 2 baths, totaling 2,392 sq. ft. With private entrances, modern comforts like central air and gas heating, plus included appliances, this property is packed with potential. Conveniently located near schools and amenities,

    Aaron Krier BHHS Ambassador Real Estate

    105 Bluff St, Council Bluffs, IA 51503
  • 543 Mill St, Council Bluffs, IA 51503
    543 Mill St, Council Bluffs, IA 51503
    543 Mill St, Council Bluffs, IA 51503
    /10

    $450,000

    • 6 Beds
    • 6 Baths

    543 Mill St, Council Bluffs, IA 51503

    A fully renovated 6-plex featuring brand-new electrical, plumbing, and HVAC systems. The modern interior is designed to attract both style-conscious tenants and savvy investors. A new water line has been added, and ownership is hassle-free. Positioned in the heart of downtown growth, this property aligns perfectly with Council Bluffs' vibrant future. Currently self managed, but NOI is built based

    Alan Strong Real Broker NE, LLC

    543 Mill St, Council Bluffs, IA 51503
  • 608 Mill St, Council Bluffs, IA 51503
    608 Mill St, Council Bluffs, IA 51503
    608 Mill St, Council Bluffs, IA 51503
    /19

    $165,000

    • 1,389 Sq Ft

    608 Mill St, Council Bluffs, IA 51503

    Investor Special - Updated Duplex on Rare Double Lot (608 & 606 Mill)Fantastic opportunity for investors or house hackers! This unique property includes two parcels--608 and 606 Mill--situated on a spacious double lot. This duplex features a New Roof, Fresh Interior paint, refinished hardwood floors, with some updates. With plenty of natural light from large windows, and unique architecture,

    Monte Wilson NP Dodge Real Estate - Council Bluffs

    608 Mill St, Council Bluffs, IA 51503
  • 3329 2nd Ave, Council Bluffs, IA 51501
    3329 2nd Ave, Council Bluffs, IA 51501
    3329 2nd Ave, Council Bluffs, IA 51501
    /21

    $895,000

    • 16 Beds
    • 8 Baths
    • 5,200 Sq Ft

    3329 2nd Ave, Council Bluffs, IA 51501

    Amazing Investment Opportunity! This partially renovated 8 plex consists of all spacious 2 bed 1 bath units. Eat-in kitchens with Microwave, Range, Fridge set ups & lots of natural light. 4 units up and 4 units down. Shared Laundry on 2nd level. 8 dedicated parking spaces. Room for Value ad potential in both Cap Ex improvements and rent increases. Surrounded by New Developments only boosting

    Sean Petersen NP Dodge RE Sales Inc 148Dodge

    3329 2nd Ave, Council Bluffs, IA 51501
Iowa Pottawattamie County Council Bluffs

Multi-Family Homes & Duplexes for Sale in Council Bluffs, IA

Why Live in Council Bluffs

Lake Manawa State Park provides boating, swimming, and fishing opportunities along its scenic shoreline. The Tom Hanafan River's Edge Park showcases stunning views of the Omaha skyline and connects to the Bob Kerrey Pedestrian Bridge spanning the Missouri River. History comes alive at the Union Pacific Railroad Museum through interactive railroad exhibits, while the unique Squirrel Cage Jail welcomes visitors for tours and ghost hunts. The Hitchcock Nature Center features hiking trails with panoramic views of the Loess Hills.

The Council Bluffs housing market includes approximately 100 homes for sale, with prices ranging from $90,000 to $882,000. The median sale price sits at $225,000, while townhomes command a median price of $275,000. Single family homes have a median price of $227,000, and two bedroom condos typically sell for a median price of $240,000. Downtown Council Bluffs single family homes have a median price of $167,500, while Lake Manawa area homes reach a median of $270,000. The Valley View neighborhood commands a median price of $265,000 for single family homes.

Council Bluffs maintains a cost of living 8.5% below the national average. A family with school age children should aim for a $97,000 annual salary, while renters need approximately $55,000 to live comfortably. The 1.61% property tax rate compares favorably to nearby Omaha at 1.75%. Local restaurants like 712 Eat + Drink serve scratch made recipes, while Boxer Barbeque Co. draws diners with acclaimed barbecue. The commute to Omaha typically takes 10 to 20 minutes via multiple bridge crossings. Two highly rated public schools serve the area: E.A. Kreft Primary School and Lewis Central Senior High School, both earning B+ ratings from Niche.

Learn more about living in Council Bluffs

Home Trends in Council Bluffs, IA

On average, homes in Council Bluffs, IA sell after 49 days on the market compared to the national average of 70 days. The median sale price for homes in Council Bluffs, IA over the last 12 months is $310,000, up 17% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$310,000
Median Single Family Sale Price
$310,000
Median Townhouse Sale Price
$275,000
Average Price Per Sq Ft
$164
Number of Homes for Sale
7
Last 12 months Home Sales
198
Months of Supply
0.40
Median List Price
$299,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
17%
How to Buy a Home How to Finance a Home How to Sell a Home

In Council Bluffs, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $165,000 to $895,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Council Bluffs is $299,000, while the average sale price is $336,168, offering insights into the local housing market. On average, multi-family homes spend 49 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Council Bluffs, IA.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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