Homes for Sale in Iowa - Investment

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  /12

  $134,900

  • 2 Beds
  • 2 Baths
  • 1,056 Sq Ft

  500 E 1st St, Leon, IA 50144

  Turnkey Investment or Forever Home — Proven Airbnb Success! This meticulously clean property has welcomed travelers as a successful Airbnb, making it a fantastic opportunity for investors or anyone seeking flexible living arrangements. Built to last, this home features a durable metal roof and metal siding — low-maintenance, long-lasting, and a huge value-add for buyers looking for peace of mind

  Shirah Huff Stoney Oak Properties LLC

  500 E 1st St, Leon, IA 50144
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  /21

  $305,000

  • 2 Beds
  • 2.5 Baths
  • 1,456 Sq Ft

  335 Forest Ave Unit 21, Des Moines, IA 50314

  Experience modern living in the charming historic Riverbend neighborhood. Just steps from all downtown has to offer—restaurants, The Casey’s Center, shops, bike paths, parks, hospitals, and I-235. This spacious two-story townhome offers nearly 1,500 sq ft with stainless steel appliances, LVP flooring, quartz countertops, 2 bedrooms, 2.5 baths, a deck, and a 2-car attached garage with SMART Home

  Justin Torres EXP Realty, LLC

  335 Forest Ave Unit 21, Des Moines, IA 50314
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  /88

  $1,200,000

  • 4 Beds
  • 3 Baths
  • 3,236 Sq Ft

  2752 Monroe Ave, Logan, IA 51546

  Completely renovated from top to bottom, this exceptional 5.63-acre acreage in the highly sought-after Logan-Magnolia School District offers the perfect combination of country living, modern updates, and outstanding amenities. Extensive improvements completed in 2025 and 2026 include a new roof, Hardie board siding, windows, composite deck, remodeled interior, updated mechanicals, waterproofed

  Ruth Spencer Ed Spencer Real Estate

  2752 Monroe Ave, Logan, IA 51546
• 

  

  

  /37

  $779,000

  • 4 Beds
  • 2 Baths
  • 3,628 Sq Ft

  10585 Crowley Ave Unit A, Spirit Lake, IA 51360

  Experience lake living at its best with this completely renovated duplex on the shores of beautiful Big Spirit Lake. Spend your days enjoying some of the best fishing in the region, then unwind each evening with breathtaking west-facing sunsets over the water. Whether you're looking for a year-round home, weekend getaway, or investment opportunity, this turnkey property offers low-maintenance

  Brad Sanderson EXIT Realty Midwest

  10585 Crowley Ave Unit A, Spirit Lake, IA 51360
• 

  

  

  /54

  $745,000

  $105K PRICE DROP

  • Land
  • 13.5 Acres
  • $55,185 per Acre

  23502 465th St, Centerville, IA 52544

  Gated 13.5-acre retreat just minutes from Rathbun Lake Marina offering exceptional recreational and investment appeal. The 3,200 sq ft custom-built ranch (2009) features 4 bedrooms, 4 bathrooms, a fully finished basement, custom cabinetry, unique crown molding, and high-end finishes throughout. Enjoy a 360-degree wraparound porch with three swings, a swim spa, and a private pond with deck, slide,

  Will Cooper Midwest Land Group LLC

  23502 465th St, Centerville, IA 52544
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  /14

  $165,000

  $12K PRICE DROP Pending

  • 2 Beds
  • 2 Baths
  • 1,136 Sq Ft

  415 College Hill Ave, Oskaloosa, IA 52577

  Welcome to this charming ranch home built in 1950, offering 2 bedrooms, 2 bathrooms, and 2 non-conforming rooms, perfect for a home office, guest space, or extra storage. Nestled in a quiet neighborhood near William Penn University, this home sits on a desirable street-to-street lot with convenient driveway access off Rosenberger Ave. Enjoy the added bonus of an attached garage with extra shop

  Kaylee Johnson Realty ONE Group Impact

  415 College Hill Ave, Oskaloosa, IA 52577
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  /8

  $410,000

  • 11 Beds
  • 1,380 Sq Ft

  2416 Olive St, Cedar Falls, IA 50613

  LOOKING FOR AN INVESTMENT OPPORTUNITY, GREAT LOCATION AND WALKING DISTANCE TO THE UNIVERSITY? Then check out this 7-PLEX which includes Three 1--bedroom apartments, one studio , one 2-bedroom, one 3-bedroom, and one 4-bedroom additional units. All units are fully rented through May 2027. All appliances are included in each unit, and there is plenty of Off-street parking with ease of alley access

  Deanna Wheeler, GRI, CNE, CRS RE/MAX Concepts - Cedar Falls

  2416 Olive St, Cedar Falls, IA 50613
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  /25

  $595,000

  • Studio
  • 9 Baths
  • 3,967 Sq Ft

  3103 Grand Ave, Des Moines, IA 50312

  Properties along the Grand Ave corridor rarely become available, making this an exceptional investment opportunity in the heart of the highly desirable Grand Avenue corridor. Located along historic Grand Avenue in Des Moines, 7 units in this multi-family property offers strong income potential in one of the city's most established and sought-after neighborhoods.The property benefits from

  Kyle Van Winkle RE/MAX Concepts-Ames

  3103 Grand Ave, Des Moines, IA 50312
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  /20

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,282 Sq Ft

  308 S 3rd St, Klemme, IA 50449

  1 story home built in 1957 with several updates. Windows replaced in 2011, Sump pumps, Beaver water mitigation system and drain lines to tile in 2012, Shingles and siding replaced in 2018, new furnace in 2022, Central Air in 2024. The home needs some maintenance work but can be very nice with little investment and some minor repairs. Possibility of a 4th bedroom in the basement with installation

  Daniel Manus Jaspersen Insurance & Real Estate

  308 S 3rd St, Klemme, IA 50449
• 

  

  /14

  $1,387,050

  • Land
  • 198.15 Acres
  • $7,000 per Acre

  0 139th Unit NOC6338093, Lovilia, IA 50150

  Located in Monroe County, Iowa, this productive 198-acre farm offers an outstanding opportunity to acquire quality tillable farmland with strong income and long-term investment appeal. Approximately 190 acres are currently leased as tillable, providing excellent efficiency and consistent returns. The farm is leased for the 2026 crop year, with full farming rights available beginning in 2027,

  Zebulon Guinn Peoples Company

  0 139th Unit NOC6338093, Lovilia, IA 50150
• 

  

  /35

  $659,900

  $100K PRICE DROP

  • Land
  • 120 Acres
  • $5,499 per Acre

  TBD G76 Hwy, Melcher-Dallas, IA 50163

  This 120± acre recreational farm located just 2 miles southwest of Melcher-Dallas offers an outstanding opportunity for hunters and outdoor enthusiasts seeking a proven wildlife habitat with convenient access. Situated just off Highway G76 with pavement access, this property combines seclusion with ease of entry. This farm has not been hunted in approximately 6 years, allowing it to serve as a

  Tyler Besser Kiloterra

  TBD G76 Hwy, Melcher-Dallas, IA 50163
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  /25

  $129,900

  Pending

  • 4 Beds
  • 2 Baths
  • 1,778 Sq Ft

  219 2nd Ave W, Cresco, IA 52136

  If you are looking for a first time home, wanting to run a business out of your home, or adding another investment property to your portfolio.... You don’t want to miss this! Nestled on the edge of the business district in Cresco, is this 2 story home. Kick your shoes off in the inviting front porch and come inside. The main floor features kitchen, 3⁄4 bath, living room, dining room and one

  Steven Burke Burke Real Estate

  219 2nd Ave W, Cresco, IA 52136
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  /2

  $1,200,500

  • Land
  • 12.97 Acres
  • $92,563 per Acre

  TBD 16th St SW, Waverly, IA 50677

  Excellent development opportunity! This 12.49 +/- acre parcel is zoned R-3 Residential and is located directly behind Waverly- Shell Rock Middle School. Potential for multi-family duplex or residential construction, this property offers strong potential for growth and investment. Conveniently positioned with easy access to Highway 218 and just minutes from shopping, dining, and community

  Ana Hernandez Vine Valley Real Estate

  TBD 16th St SW, Waverly, IA 50677
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  /25

  $319,000

  Pending

  • 7 Beds
  • 967 Sq Ft

  2007 College St, Cedar Falls, IA 50613

  This updated four unit property is located in a desirable Cedar Falls area and features thoughtful modern improvements throughout. Each unit offers updated countertops, stainless steel appliances, and new cabinetry. Inside, you will find spacious bedrooms, new flooring, and fresh paint that create a comfortable and welcoming feel. Large windows bring in plenty of natural light, adding to the

  Emsad Begic Vine Valley Real Estate

  2007 College St, Cedar Falls, IA 50613
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  /37

  $194,900

  Pending

  • 2 Beds
  • 1 Bath
  • 1,152 Sq Ft

  3088 Main Street Rd, Marshalltown, IA 50158

  Enjoy country living with the convenience of being just minutes from Marshalltown! This acreage is situated on a hard-surfaced road in the East Marshall School District, this property offers endless possibilities. The home features 2 bedrooms, 1 bathroom, and an unfinished basement with potential for a spacious family room and additional bedroom. Recent improvements include new windows, siding,

  Shane Andrews New Horizons Realty

  3088 Main Street Rd, Marshalltown, IA 50158
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  /13

  $230,000

  Pending

  • 2 Beds
  • 2 Baths
  • 1,088 Sq Ft

  25 Lincoln Ave, Iowa City, IA 52246

  Incredible location for the 2nd floor 2 bed / 2 bath condo! Situated right across from the College of Dentistry, Carver Hawkeye Arena, near UIHC & Carver Medical School! This 2nd floor condo offers in-unit laundry that not every unit has! Plus a spacious kitchen with eat-in area, wonderful living room with access to deck, 2 bedrooms & 2 bathrooms. Can be owner occupied starting in August or your

  Timothy Lehman Edge Realty Group

  

  25 Lincoln Ave, Iowa City, IA 52246
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  /2

  $1,700,000

  $200K PRICE DROP

  • Land
  • 24.22 Acres
  • $70,190 per Acre

  0 S 27th Ave & South 8th St Unit 6301498, Clear Lake, IA 50428

  24.22 Acres Within Clear Lake City Limits Prime residential-zoned land offering exceptional location and natural appeal. This expansive 24.22-acre property abuts a scenic pond, sits directly across from the golf course, and is just minutes from Clear Lake State Park Beach. Convenient access to downtown Clear Lake adds to its desirability for future development or investment. Adjacent to the

  Dick Hayes Lake-Iowa Realty

  0 S 27th Ave & South 8th St Unit 6301498, Clear Lake, IA 50428
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  /11

  $9,900

  Pending

  • 2 Beds
  • 2 Baths
  • 1,332 Sq Ft

  201 Park St, Dunlap, IA 51529

  This property is an excellent investment for fix and flip rental, or make it your own. The lake of exterior paint makes for a picture of sadness, but inside is much better than you probably expect. Tons of upside with this one

  Dave Wiges McCord Insurance & Real Estate

  201 Park St, Dunlap, IA 51529
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  /47

  $1,844,678

  0000 Falcon Ave, Audubon, IA 50025

  Exceptional opportunities to purchase high-quality Iowa farmland are becoming increasingly rare. This 135± acre farm in the heart of Audubon County offers the ideal combination of highly productive tillable ground, dependable annual income, and long-term investment value in one of Iowa's premier agricultural regions. Featuring 129.22± FSA tillable acres with an impressive 73.6 weighted CSR2, this

  Sean Stewart Midwest Land Group LLC

  0000 Falcon Ave, Audubon, IA 50025
• 

  

  /31

  $489,900

  $60K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,521 Sq Ft

  1219 S Shore Dr, Clear Lake, IA 50428

  Beautiful updated home located right next to the lake! All new siding, windows, flooring, and more. This 4-bedroom 3-bathroom home has a wide open floor plan with tons of character and endless possibilities. Whether this is your way to start making the lake life memories or an investment opportunity as a short-term rental, this is a must-see home. Call your favorite real estate professional today

  Cody Shoneman Schoneman, REALTORS

  1219 S Shore Dr, Clear Lake, IA 50428
• 

  

  /22

  $160,000

  Pending

  • 3 Beds
  • 1 Bath
  • 770 Sq Ft

  2780 Pennsylvania Ave, Dubuque, IA 52001

  Welcome home to this charming 3-bedroom, 1-bathroom home with a 1-car garage, perfectly situated in a centrally located neighborhood close to shopping, dining, schools, and everyday conveniences. This home offers a functional layout and is ready for its next owner to move in and make it their own. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment

  EXIT Unlimited T . EXIT Unlimited

  2780 Pennsylvania Ave, Dubuque, IA 52001
• 

  

  /23

  $209,950

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,177 Sq Ft

  140 35th Street Dr SE Unit 3, Cedar Rapids, IA 52403

  Welcome to Unit 3 at 140 35th St Dr SE in Cedar Rapids! This inviting condo offers comfortable, low-maintenance living in a convenient SE side location. Inside, you’ll find a bright and open living space that flows effortlessly into the dining area and kitchen, creating a functional layout ideal for both relaxing and entertaining. Large windows, and vaulted skylights provide great natural light,

  Mike Selling Team GRAF REAL ESTATE, ERA POWERED

  140 35th Street Dr SE Unit 3, Cedar Rapids, IA 52403
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  /18

  $200,000

  $10K PRICE DROP

  • 1 Bed
  • 1.5 Baths
  • 1,858 Sq Ft

  601 15th St, Dallas Center, IA 50063

  Potential 3 Bedroom!! Opportunity knocks! This spacious 1,858 sq. ft. ranch home is being soldas-is as part of an estate sale — and the potential here is undeniable. With 1 bedroom, 1.5 baths,and two generous living rooms, the layout lends itself beautifully to conversion — one livingroom could easily become two additional bedrooms, transforming this into a 3-bedroom homewith

  Richard Hudnut RE/MAX Concepts

  601 15th St, Dallas Center, IA 50063
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  /16

  $284,900

  • 3 Beds
  • 2 Baths
  • 1,199 Sq Ft

  215 East St, Decorah, IA 52101

  Located on Decorah’s desirable west side, this updated & move-in ready, 3-bedroom, 2-bath home is cute and comfortable, while offering excellent investment potential! Enjoy easy access to the Trout Run Trail, Upper Iowa River, parks, restaurants, Luther College and schools. This well-maintained property features an oversized master suite complete with a private bath and walk-in closet, a

  Tade Kerndt Viking Realtors

  215 East St, Decorah, IA 52101
• 

  

  /18

  $94,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,104 Sq Ft

  499 Columbia St, Waterloo, IA 50703

  Whether you're searching for your first home or looking to add another property to your investment portfolio, this one is worth a look. Inside, you'll find a spacious kitchen with plenty of cabinet and counter space, making meal prep or tackling your weekly grocery haul a whole lot easier. The eat in kitchen flows into the large living room, creating an open and comfortable space for everyday

  Paige Peyton Oakridge Real Estate

  499 Columbia St, Waterloo, IA 50703
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  /7

  $625,000

  $50K PRICE DROP

  • 7,172 Sq Ft

  2751 W 72nd St, Davenport, IA 52806

  Multifamily Investment Opportunity FOR SALE in North Davenport. This eight (8) unit property has 100% occupancy with great rental history and many other features. Conveniently located near many restaurants, retail and the interstate. Recently renovated units and great access to public transportation make this property very attractive for many investors. Financials available upon request, please

  Alix Holliday Hawkeye Commercial Real Estate

  2751 W 72nd St, Davenport, IA 52806
• 

  

  /23

  $130,000

  $4K PRICE INCREASE

  • 2 Beds
  • 1.5 Baths
  • 924 Sq Ft

  808 Westwinds Dr Unit 2, Iowa City, IA 52246

  Welcome home to this charming Iowa City condo, featuring an inviting open-concept floor plan with stylish updates throughout. The bright, comfortable living area flows seamlessly into the dining space, while durable laminate flooring adds a modern touch to the entire home. Step outside to your private balcony—the perfect spot to enjoy your morning coffee or unwind at the end of the day. Ideally

  Samantha Herbert Iowa Realty

  

  808 Westwinds Dr Unit 2, Iowa City, IA 52246
• 

  

  /24

  $125,000

  • 2 Beds
  • 1 Bath
  • 778 Sq Ft

  2554 E Grand Ave, Des Moines, IA 50317

  Welcome home to this move in ready bungalow in the heart of Des Moines. Fresh paint, brand new stainless steel kitchen appliances, and professionally anchored foundation walls give you the perfect combination of style and peace of mind. Whether you are a first time home buyer, downsizing, or looking for a great investment property, this home is ready for you to make it your own. Inside, you'll

  Shonna Murrey Epique Realty

  2554 E Grand Ave, Des Moines, IA 50317
• 

  

  /23

  $199,900

  • Studio
  • 5 Baths
  • 1,776 Sq Ft

  104 E Boston Ave, Indianola, IA 50125

  Investment opportunity is knocking! 4-unit rental with 3 studio apartments & a 1 BR apartment near the Indianola square. Recently updated electric meter & panel plus much of the unit is rewired to save you THOUSANDS!! Main level included 2 studio apartments including kitchenettes and 3⁄4 baths. Upper unit has been converted into 1 large space featuring 2 kitchens/baths and living spaces, perfect

  Emily Keller Iowa Realty Indianola

  104 E Boston Ave, Indianola, IA 50125
• 

  

  /32

  $300,000

  206 E Erie St, Missouri Valley, IA 51555

  Downtown Missouri Valley mixed-use investment opportunity! This property features approximately 2,500 sq. ft. of commercial frontage space on the main level and four remodeled one-bedroom apartments upstairs. All apartment units are leased and occupied, providing immediate rental income. Renovated in 2022, each unit includes all appliances, including washers and dryers. The commercial space

  Todd Cook NextHome in The Bluffs

  206 E Erie St, Missouri Valley, IA 51555
• 

  

  /23

  $183,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,224 Sq Ft

  303 3rd St NW, Waverly, IA 50677

  *Prime Investment Alert!!* Nestled on a quiet street moments from local shops, dining, and Wartburg College, this fully-leased duplex offers two updated units with high income potential and minimal overhead. Features include separate utilities, solid rental history, and a sought-after neighborhood ambiance. Whether you live in one unit and rent the other for an ideal owner-occupant scenario, or

  Justin Schedtler RE/MAX Concepts - Waverly

  303 3rd St NW, Waverly, IA 50677
• 

  

  /28

  $398,000

  Pending

  • 2 Beds
  • 2 Baths
  • 1,452 Sq Ft

  524 Cedar St, Osage, IA 50461

  Finding a property like this doesn't happen often! Built in 2012, this ranch-style home sits on an impressive 1.4-acre lot on the south side of Osage, offering the space you've been looking for while still being just a few blocks from the Middle/High School and Cedar River Complex. Large residential lots like this are truly hard to come by! The attractive exterior features low-maintenance vinyl

  Bob Muller Main Realty

  524 Cedar St, Osage, IA 50461
• 

  

  /3

  $11,500

  • 4 Beds
  • 2 Baths
  • 1,438 Sq Ft

  2315 Avenue J, Fort Madison, IA 52627

  This property is an excellent investment opportunity for fix and flip, rental, or make it your own and enjoy quick equity. Repairs are needed, but the potential is there.

  Dave Wiges McCord Insurance & Real Estate

  2315 Avenue J, Fort Madison, IA 52627
• 

  

  /22

  $785,000

  $40K PRICE DROP

  • Land
  • 101 Acres
  • $7,772 per Acre

  0 Iowa 3, Durango, IA 52039

  This 101-acre m/l property in Dubuque County offers an exceptional blend of productive farmland, high-quality habitat, and year-round recreational opportunity. The farm includes 24.56 m/l tillable acres carrying a strong CSR2 of 80.2, with Dorchester Silt Loam as the primary soil type. The tillable acres are leased for the 2026 crop season, and the rental income will be prorated to the buyer as

  Jesse Meyer Peoples Company

  0 Iowa 3, Durango, IA 52039
• 

  /2

  $204,900

  Pending

  • 3 Beds
  • 2 Baths
  • 1,414 Sq Ft

  1456 Aber Ave, Iowa City, IA 52246

  This 3 bed 2 bath zero-lot in Iowa City has functionality and location. Close enough to I-380 for easy commuting and plenty of restaurants and shops nearby. Inside is 1300+ sq ft of living space with an open floor plan between the kitchen, great room, and dining room with a small deck out back. 2 bedrooms and 1 bath on the main level with a rec room, 1 bedroom, and bathroom in the lower level.

  Mike Bails Urban Acres Real Estate Corridor

  1456 Aber Ave, Iowa City, IA 52246
• 

  

  /7

  $19,900

  Pending

  • 3 Beds
  • 2 Baths
  • 1,000 Sq Ft

  1523 Avenue B, Fort Madison, IA 52627

  This 3-bedroom, 2-bath manufactured home offers an affordable entry point for buyers ready to take on a project. While in need of some TLC it features a newer roof, vinyl windows and central air, providing a solid starting point for renovation. The fully fenced yard is also a plus! If you're looking for an investment property, a flip, or an affordable home to make your own, this property offers

  Barb Asay Midwest Realty Group

  1523 Avenue B, Fort Madison, IA 52627
• 

  

  /27

  $145,000

  Pending

  • 2 Beds
  • 1 Bath
  • 1,317 Sq Ft

  101 Bluff St, Council Bluffs, IA 51503

  Step into timeless charm in this beautiful turn-of-the-century home located in a desirable historic neighborhood. Featuring stunning original woodwork and character throughout, this home blends classic craftsmanship with important modern updates. Recent improvements include newer HVAC, water heater, 7 new windows, exterior paint (2022), granite countertops (2023), fresh interior paint, and

  Iris Lobo BHHS Ambassador Real Estate

  101 Bluff St, Council Bluffs, IA 51503
• 

  

  /3

  $199,000

  $40K PRICE DROP

  • 2,064 Sq Ft

  511 W 6th St, Davenport, IA 52803

  Outstanding turnkey investment opportunity in Davenport's historic Hamburg / Gold Coast neighborhood! This fully occupied 6-unit multi-family property features an excellent rental history with long-term, seasoned tenants. The building configuration consists of two efficient studio apartments and four spacious 1-bedroom, 1-bathroom units. Recent updates include refreshed hardwood and tile

  Bryce Bowers Epique Realty Inc

  511 W 6th St, Davenport, IA 52803
• 

  

  /4

  $180,000

  • Land
  • 4.55 Acres
  • $39,560 per Acre

  Lot 22 Fox Creek Ct, Pella, IA 50219

  Introducing SUNSET ACRES ~ New Acreage Lots West of Pella ~ Prime Location with Scenic Views! Discover your opportunity to experience country living, minutes from downtown Pella, with these residential single family home lots! These beautiful parcels range from 3-7 acres m/l and are situated just off of Highway 163; offering both peaceful seclusion and convenient access! Enjoy stunning Sunset

  Ciara Ward Pella Real Estate Services

  Lot 22 Fox Creek Ct, Pella, IA 50219
• 

  

  /31

  $579,000

  $46K PRICE DROP

  • 3 Beds
  • 3.5 Baths
  • 1,989 Sq Ft

  244 U S Highway 71 S Unit E29, Arnolds Park, IA 51331

  The best location in the entire Central Park complex! Perfectly situated on Hole #11, this fully furnished townhome offers exceptional privacy, a private deck, peaceful golf course views, and one of the quietest settings in the community. Enjoy an open-concept floor plan, three bedrooms, three full baths, a fireplace, double garage, and the flexibility to use as your own Okoboji retreat or as a

  Mary Lynn Ingvall Ingvall Real Estate Team

  244 U S Highway 71 S Unit E29, Arnolds Park, IA 51331

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