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Iowa Multifamily Homes & Duplexes for Sale

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  • /19

    $98,000

    • 5 Beds
    • 3 Baths
    • 1,883 Sq Ft

    211 S 5th St, Sac City, IA 50583

    Fantastic investment opportunity! This 3-unit apartment house featuring two apartments on the main floor and an a spacious & inviting upstairs unit, all currently rented and generating steady income. Each apartment is designed for comfort and convenience and situated close to downtown. With a strong rental history and the potential for future appreciation, this complex is not just a property—it's

    Kelly Bierl Hometown Realty

    211 S 5th St, Sac City, IA 50583
  • /21

    $360,000

    • 5 Beds
    • 4,184 Sq Ft

    174 Main St NE, New Albin, IA 52160

    Investment Alert!! Check out this income producing property available in New Albin, IA. This property houses three newly updated apartments along with an event center and commercial kitchen. Updates include new flooring and appliances, new water heaters, furnace, AC and updated electrical and plumbing. Current rental income from the apartments totals $2200/month. The commercial side of the

    Barb Smed Keller Williams Legacy Group

    174 Main St NE, New Albin, IA 52160
  • /5

    $260,000

    • 2,087 Sq Ft

    510 2nd St, Dewitt, IA 52742

    Three Unit apartment building. The main level has two, 1 bedroom units and the upper level has a 2 bedroom unit. All units are currently rented. Another great investment opportunity for any investor.

    Mike McManus Ruhl&Ruhl REALTORS DeWitt

    510 2nd St, Dewitt, IA 52742
  • /17

    $200,000

    • Studio
    • 5 Baths
    • 2,709 Sq Ft

    1825 7th St, Des Moines, IA 50314

    Such an amazing chance to start or build your investment portfolio. This fully rented multifamily property brings in steady income and has been well maintained. Located centrally with easy access to everything, it is attractive for renters. Must request showing AT LEAST 48 hours in advance.

    Sarah Shaffer Realty ONE Group Impact

    1825 7th St, Des Moines, IA 50314
  • /9

    $199,900

    • 1,880 Sq Ft

    407 2nd St, Malcom, IA 50157

    Very nice duplex located in Malcom near Interstate 80. Good rental income opportunity, as both units already have tenants. Each unit has two bedrooms and one bathroom. Schedule a private showing!

    Logan Baburek Four County Realty

    407 2nd St, Malcom, IA 50157
  • /37

    $279,900

    • 6,072 Sq Ft

    88 Eldene Ct, Evansdale, IA 50707

    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

    88 Eldene Ct, Evansdale, IA 50707
  • /13

    $1,650,000

    • Studio
    • 22 Baths
    • 10,038 Sq Ft

    1629 Sunset St, Grinnell, IA 50112

    Calling all Investors - Rare opportunity to acquire an Apartment Portfolio in Grinnell, IA! The portfolio has 22 multifamily and 3 commercial units. Downtown Main Street is 1 mixed-use building with 8 residential units and 3 commercial units. There are (2) 1 bedroom, (5) 2 bedroom, and (1) 3 bedroom residential units. Additionally, there are 3 commercial suites on the main floor. Coin Laundry is

    Bennett Wiltfang RE/MAX Partners Realty

    1629 Sunset St, Grinnell, IA 50112
  • /16

    $388,000

    • 2,557 Sq Ft

    415 W Lee St, Seymour, IA 52590

    This beautiful duplex was built in 2022. Each side has an open concept with 2 bedrooms, 2 bath, wash/dryer/utility room with a 1 car attached garage. with storage. Both sides are currently rented out. Owners have had duplex rented out through Airbnb and VRBO. A great investment property would also make a perfect place for the owners to live on one side and rent the other side to generate income.

    Melanie Cowan RE/MAX Pride Oskaloosa

    415 W Lee St, Seymour, IA 52590
  • /33

    $342,000

    • Studio
    • 5 Baths
    • 1,932 Sq Ft

    607 S 4th St, Knoxville, IA 50138

    Welcome to this exceptional duplex featuring spacious units in a quiet neighborhood. This well-maintained dwelling offers a fantastic opportunity for investors or homeowners looking to generate rental income. Each unit is designed for comfortable living with plenty of natural light and space , making it an attractive option for potential tenants. The property’s location offers a peaceful

    Sara Roberts Sundance Realty

    607 S 4th St, Knoxville, IA 50138
  • /7

    $184,900

    • Studio
    • 2 Baths
    • 2,214 Sq Ft

    1161 21st St, Des Moines, IA 50311

    2+ story top-bottom duplex with both units currently occupied. $1550 monthly gross rent. Unit 1: 2 BR, 1 BA rents at $750/mo. New kitchen cabinet, countertop, sink, faucet, & some fresh paint in Feb. 2025. Unit 2 is a 2 BR, 1 BA with additional finished attic currently being used as a BR that rents at $800/mo. New toilet in BA, new flooring in BA & kitchen, some new light fixtures, and some fresh

    Ingrid L. Roose BHHS First Realty Westown

    1161 21st St, Des Moines, IA 50311
  • /19

    $980,000

    • 2,767 Sq Ft

    3286 335 Ave, Ruthven, IA 51358

    Location, location, location! 140' +/- of Lost Island Lake Frontage and one of very few properties on the lake with commercial zoning! Built in 1951, the home has had extensive remodeling including a complete renovation in the 1980's and various additions/updates since then, including new hvac, new carpeting, and a $13,000 poly wood fence! Great income potential with the availability of up to

    Keith Brockmeyer Lakeland Realty of Iowa

    3286 335 Ave, Ruthven, IA 51358
  • /27

    $695,000

    • 3 Beds
    • 7,687 Sq Ft

    431 5th Ave S Unit 17, Clinton, IA 52732

    An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: - Fire escape - Electrical outlets - Arc fault breakers - Electric service - Water lines - Flooring - All units recently painted - Baseboard heating - Appliances - Updated building

    Dennis Lauver Coldwell Banker Howes & Jefferies REALTORS

    431 5th Ave S Unit 17, Clinton, IA 52732
  • /96

    $553,500

    • 5,400 Sq Ft

    2309 Kale Blvd, Fairfield, IA 52556

    Gorgeous Triplex Barndominium! Built in 2019 and includes 5.59 of the most beautiful acres with field, forest, creek and a large fenced garden space. Fresh exterior paint just completed! Unit 1 impresses as you enter into the large open concept living room/ kitchen area with high vaulted ceilings, sky lights, hardwood floors and butcher block counters. Excellent design with sliding glass door,

    Michaela Mclain Village Realty

    2309 Kale Blvd, Fairfield, IA 52556
  • /2

    $70,000

    • 8,675 Sq Ft

    1621 Dodge St, Burlington, IA 52601

    POTENTIAL!!! OLD PERKINS BRICK SCHOOL SIT ON JUST UNDER 4 ACRES IN TOWN...... INVESTMENT OPPORTUNITY VERY SPECIAL PLACE WITH A LOT OF POSSIBILITIES FOR DEVELOPMENT. T-MOBLE HAS An EASEMENT FOR A PORTION OF THE ROOF FOR CELL TOWERS. ALREADY ZONED BY THE CITY FOR A DUPLEX. PROPERTY IS BEING SOLD (AS-IS). SELLER IS LISTING AGENT AND IS LIC. TO SELL IN THE STATE OF IOWA

    Kage Evans RE/MAX Real Estate Specialists

    1621 Dodge St, Burlington, IA 52601
  • /18

    $215,000

    • 2 Beds
    • 1 Bath
    • 1,119 Sq Ft

    730 2nd Ave, Manilla, IA 51454

    NEW CONSTRUCTION! A clean, impressive duplex unit - an attached single-car garage. Spacious open concept living/kitchen area with 2 bedrooms and 1 bath. Granite countertops and impressive cabinets highlight finishes throughout the units. In-unit laundry and plenty of storage options are added bonuses. Outside amenities include a concrete patio and large back yard. Region XII funding may be

    Katie Wall Denison Realty, LLC

    730 2nd Ave, Manilla, IA 51454
  • /19

    $215,000

    • 2 Beds
    • 1 Bath
    • 1,119 Sq Ft

    726 2nd Ave, Manilla, IA 51454

    NEW CONSTRUCTION! A clean, impressive duplex unit - an attached single-car garage. Spacious open concept living/kitchen area with 2 bedrooms and 1 bath. Granite countertops and impressive cabinets highlight finishes throughout the units. In-unit laundry and plenty of storage options are added bonuses. Outside amenities include a concrete patio and large back yard. Region XII funding may be

    Katie Wall Denison Realty, LLC

    726 2nd Ave, Manilla, IA 51454
  • /23

    $149,000

    • 2,090 Sq Ft

    312 S Brewer St, Manchester, IA 52057

    What is hot on the market these days? Yep rentals! This duplex has both units filled with long time renters that want to stay:) Beautiful lot great location close to all the amenities for every day life! Each unit has it's own utilities set up. Lets start building your house farming portfolio today!

    Susan Meyer EXIT Unlimited

    312 S Brewer St, Manchester, IA 52057
  • /19

    $189,000

    • 3 Beds
    • 2 Baths
    • 1,288 Sq Ft

    214 W Elm Ave, Pocahontas, IA 50574

    Nice and clean looking Condo, assessible handicapped.

    Lori Jergens Winegarden Auctioneering

    214 W Elm Ave, Pocahontas, IA 50574
  • /32

    $75,000

    • 2,300 Sq Ft

    501 Cedar St, Atlantic, IA 50022

    Check out this Duplex that is fully occupied. Landlord has painted the exterior and done some updating in the bathrooms and other misc. items.. Each unit has 2 bedrooms. Main floor unit has 2nd bath. Laundry hookups on the main floor unit and the upstairs unit has access to basement for laundry. Both are spacious units. Open front porch (recently refurbished) to enjoy this summer. New deck on

    Deborah Waterbury Atlantic Home Realty

    501 Cedar St, Atlantic, IA 50022
  • /15

    $23,500

    • 2 Beds
    • 2 Baths
    • 1,598 Sq Ft

    1401 14th Ave, Eldora, IA 50627

    This property is an excellent investment opportunity. It is set up as two independent one- bedroom units, each with separate electric, water/ water heaters, furnace, and central air. Main floor unit has full bath, upstairs has 3/4 bath. Both units have laundry hook-ups. This property sells as-is,and is in great shape for the money. Newer roof, water heaters, and most of the windows. Snatch up

    Dave Wiges McCord Insurance & Real Estate

    1401 14th Ave, Eldora, IA 50627
  • /10

    $3,000,000

    • Studio

    302 E Bloomington St, Iowa City, IA 52245

    Wonderful opportunity to own an iconic incomer/business property in NEAR NORTHSIDE Neighborhood of Iowa CIty. 2 long time commercial tenants, and 16 apartments. Always fully rented. Downtown location. PIZZA and LAUNDROMAT are Tenants and are NOT CLOSING!!! ** This property has recently been added to the Iowa CIty Historical list. A 'Historical Overlay' is now in place. This affords several

    Rex Brandstatter RE/MAX Affiliates

    302 E Bloomington St, Iowa City, IA 52245
  • /10

    $675,000

    • 3,820 Sq Ft

    207 S 1st St, Osage, IA 50461

    Wonderful investment opportunity! Well-designed, quality-constructed, South-facing four-plex, each unit with 3 BR's, 2 BA's, patio, attached heated garage, & full set of appliances. Fully occupied. Parcel will accommodate another mirror-image building and/or multiple other structures. Seller will enter into a transaction subject to the tenant leases and for closing after 06/21/23.

    Kevin Kolbet Kolbet Realtors

    207 S 1st St, Osage, IA 50461
  • /27

    $7,500

    • 2 Beds
    • 2 Baths
    • 1,345 Sq Ft

    00 Week 31 Sunrise Cove View, Spirit Lake, IA 51360

    August in Okoboji!! Enjoy the Peak Season of Summer at Sunrise Cove Week 31 Units L7A & L7B. Bring the whole family as these 2 adjoining Lockouts sleep up to 8 people. Each side has 1 bedroom plus sofa bed, along with a fully furnished Kitchen, dishwasher, washer& dryer and 2 TV's. Of course you have all the amenities of the Resort-indoor & outdoor pools, mini golf, theatre, tennis, restaurants

    Rhonda Wedeking Hinn Real Estate

    00 Week 31 Sunrise Cove View, Spirit Lake, IA 51360
  • /2

    $325,000

    • 1,600 Sq Ft

    3601 Kingman Blvd, Des Moines, IA 50311

    Situated in one of central Des Moines' most desirable neighborhoods, this charming brick duplex is a standout investment opportunity. This well-maintained property features two 800 sq ft units, each offering 2 bedrooms, a full bath, generous family room, and a full eat-in kitchen. Both units also include full basements with laundry rooms. The east unit includes an oversized attached garage that

    Chris Betts RE/MAX REAL ESTATE CENTER

    3601 Kingman Blvd, Des Moines, IA 50311
  • /2

    $325,000

    • Studio
    • 2 Baths
    • 1,600 Sq Ft

    3601 & 3605 Kingman Blvd, Des Moines, IA 50311

    Situated in one of central Des Moines’ most desirable neighborhoods, this charming brick duplex is a standout investment opportunity. This well-maintained property features two 800 sq ft units, each offering 2 bedrooms, a full bath, generous family room, and a full eat-in kitchen. Both units also include full basements with laundry rooms. The east unit includes an oversized attached garage that

    Chris Betts RE/MAX Real Estate Center

    3601 & 3605 Kingman Blvd, Des Moines, IA 50311
  • /2

    $390,000

    • 2,552 Sq Ft

    211 Fereday Ct, Waterloo, IA 50701

    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

    211 Fereday Ct, Waterloo, IA 50701
  • /2

    $145,000

    • 6 Beds
    • 2 Baths
    • 2,184 Sq Ft

    1308-10 Jones St, Sioux City, IA 51105

    This over-under duplex features two spacious units, each offering 3 bedrooms and 1 bathroom. Both units have separate electric meters and private entrances, making it easy to manage. Long-term tenants are currently in place and would prefer to stay, providing consistent rental income. While the property needs updates, it presents a great opportunity for an investor looking to add value and

    Aaron Tyler Keller Williams Siouxland

    1308-10 Jones St, Sioux City, IA 51105
  • /2

    $950,000

    • 13,749 Sq Ft

    3710 and 3720 12th Ave SW, Cedar Rapids, IA 52404

    Nice 12-plex that is currently fully rented out with 5 3-bedroom units and 7 2-bedroom units as well as 10 garages out back.

    Adam Green Pinnacle Realty LLC

    3710 and 3720 12th Ave SW, Cedar Rapids, IA 52404
  • /2

    $599,000

    • 11 Beds
    • 5 Baths
    • 3,021 Sq Ft

    618-620 W 3rd St, Waterloo, IA 50701

    Don’t miss the chance to own a fully operational 9-unit apartment complex —a strong indicator of consistent demand with full occupancy. This well-maintained property offers excellent ROI. Ideal for investors seeking stable cash flow and long-term value. Financials available by request.

    Brianna Weekley Realty ONE Group Movement

    618-620 W 3rd St, Waterloo, IA 50701
  • /2

    $85,000

    • 4 Beds
    • 2,040 Sq Ft

    1410 W 4th St, Davenport, IA 52802

    Check out this Up/down Duplex, with extra lot, Both 2- bedroom units. Nice Sized. Needs some TLC- Sold in as is condition. Buyer and Buyers agent to verify all information provided. Measurements are approximate. Lot next door comes with it. Not the lot with Billboard.

    Jeffrey Wehr Ruhl&Ruhl REALTORS Bettendorf

    1410 W 4th St, Davenport, IA 52802
  • /2

    $109,900

    • 4 Beds
    • 1,908 Sq Ft

    6217 Western Ave, Davenport, IA 52806

    Two 2 bedroom units. One unit is occupied the 2nd unit is vacant. The 2nd units needs renovated. The property is being "sold as " no repairs to be made by the owner

    Chris Holvoet 3% Listing Company, LLC

    6217 Western Ave, Davenport, IA 52806
  • /2

    $299,900

    • Studio
    • 1 Bath
    • 1,872 Sq Ft

    3808 SW 12th St, Des Moines, IA 50315

    Brick ranch side by side duplex. Each unit 2 bedrooms, 1 full bath. Full unfinished bsmt. Very good condition. Property sits off of SW 12th, back west between 2 properties. Very private.

    Steve Nissly RE/MAX Concepts

    3808 SW 12th St, Des Moines, IA 50315
  • /2

    $59,500

    • 2,664 Sq Ft

    517-519 A St, Keokuk, IA 52632

    A Project/Fixer upper duplex. Each unit downstairs first floor has Kitchen, Pantry, Foyer, Living Room, Dining Room. Second floor has (3) Bedrooms and Full Bath. Separate Utilities for each unit. Property is being sold " AS IS ". Call your Realtor today and take a look!

    Steven Siegrist The People's Real Estate

    517-519 A St, Keokuk, IA 52632
  • /2

    $163,000

    • 5 Beds
    • 2,456 Sq Ft

    421 E 7th St, Davenport, IA 52803

    Davenport Iowa Real Estate For Sale! This 2 Story 4-Plex has a 2 Bedroom Unit & Three 1 Bedroom Units that Tenants pay Electric. $2,700 / Month Rent for all Units! Great Investment Opportunity, 4 Additional Properties on Same Block For Sale! Only $66 per Square Feet!!

    Lucky Lang II Mel Foster Co. Davenport

    421 E 7th St, Davenport, IA 52803
  • /2

    $54,900

    • 2,534 Sq Ft

    827 Franklin St, Keokuk, IA 52632

    Fully Occupied Tri-Plex – Strong Income with Long-Term Tenants Great investment opportunity! This fully occupied tri-plex features two 1-bedroom units on the ground floor and one spacious 3-bedroom unit upstairs, offering a well-balanced unit mix with broad rental appeal. All units are separately metered, and the property is currently generating steady income with reliable, long-term tenants in

    Keeli Massimo Weichert Realtors-The Massimo Group

    827 Franklin St, Keokuk, IA 52632
  • /2

    $20,000

    • 3 Beds
    • 2 Baths
    • 1,765 Sq Ft

    320 Main St, Farnhamville, IA 50538

    Here is your chance to invest in an income property! This property is set up to be a duplex with a separate entry to the upstairs. The property comes with a newer roof and plenty of potential. Call or text the listing agent: Brandon Ure (515)-351-9461

    Brandon Ure Eastwood Realty LLC

    320 Main St, Farnhamville, IA 50538
  • /2

    $137,900

    • 6 Beds
    • 2,448 Sq Ft

    1418 Iowa St, Davenport, IA 52803

    Nice turn key investment. Side by Side duplex. Newer Roof. One side has been updated with flooring/paint/windows/appliances and more! 2nd unit needs some updating but solid. Lawn & Snow removal is taken care of by the tenant is the reason for lower rent. Rent definitely should be hire but has been long term tenant. Well worth the look.

    Tony Savala RE/MAX Concepts Bettendorf

    1418 Iowa St, Davenport, IA 52803
  • /2

    $334,000

    • Studio
    • 3 Baths
    • 1,661 Sq Ft

    2921 Euclid Ave, Des Moines, IA 50310

    Now is your chance to own a solid investment property near the Veterans Hospital! This well-maintained triplex offers excellent rental income with three fully occupied units—two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Current rents are $1,030, $1,150, and $950 per month. Each unit has access to shared laundry facilities in the basement. A new roof was installed in 2021. The rental

    Bradley Johnson Keller Williams Legacy Group

    2921 Euclid Ave, Des Moines, IA 50310
  • /2

    $499,800

    • 5 Beds
    • 2,592 Sq Ft

    421 S 14th St, Le Claire, IA 52753

    2 buildings, 8- 1 bedroom, 1 bath apartments total. New gutters and downspouts and gutter covers. Property to be sold "AS IS". Must have at least a 24 hour notice. Apt 5,6,7 and 8 are each 1 BR, 1 BA, 1 Parking Spot. Apt #5 - $475 - Pays $450 & cleans laundry room. Apt #6 - Vacant. Apt #7 - $475.00. Apt #8 - $600.00. 1 tenant/owners water, sewer, garbage are Grandfather in. Aprox $60/mo.

    Jill Slyter RE/MAX Concepts Bettendorf

    421 S 14th St, Le Claire, IA 52753
  • /2

    $299,900

    • 4 Beds
    • 4 Baths
    • 1,904 Sq Ft

    455 Heritage Place, North Liberty, IA 52317

    Now being sold individually. Previously listed as a package. Leased through July 31st, 2026. All utilities are paid by the tenants. 24 hours notice to show needed. All properties are being sold in "as-is" condition, seller will make no repairs.

    Laura Soride RE/MAX Affiliates

    455 Heritage Place, North Liberty, IA 52317

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