Iowa Multifamily Homes & Duplexes for Sale

/10
$249,000
- Studio
- 2 Baths
- 3,729 Sq Ft
1527 Forest Ave, Des Moines, IA 50314

Turnkey duplex opportunity at 1527 Forest Ave in Des Moines—perfect for investors! This solid brick and stucco property features two spacious 2-bed/1-bath units, both with original hardwood floors, updated electrical, and composite windows. Recent exterior upgrades include a brand-new roof, soffit, gutters, and fascia. Located directly across from a park on a corner lot, the property offers

Eric Fitzgerald

Keller Williams Realty GDM

(515) 824-5822

1527 Forest Ave, Des Moines, IA 50314
/40
$225,000
- 5 Beds
- 2 Baths
- 2,295 Sq Ft
1516 C Ave NE Unit A & B, Cedar Rapids, IA 52402

2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to

Rob McCain

Urban Acres Real Estate Corridor

(319) 220-5638

1516 C Ave NE Unit A & B, Cedar Rapids, IA 52402
/47
$295,000
- 2,976 Sq Ft
901 Main St, Grinnell, IA 50112

Captivating historic downtown corner building with commercial space and two apartments located in the heart of Grinnell. Known as the Corrough Building this fine example of turn of the century commercial design features a delicate corner "oriel" denticulated cornice stone lintels above tall windows and a striking brick elevation with stone detailing on the primary facade. The building has served

Matt Karjalahti

RE/MAX Partners Realty, Grinnell

(641) 346-4592

901 Main St, Grinnell, IA 50112
/15
$245,000
- Studio
- 3 Baths
- 1,876 Sq Ft
1208 West St, Des Moines, IA 50315

This is a great turnkey rental property. Consists of a 964 sqft 2 bedroom raised ranch home with afinishable 3rd bedroom in the basement and a duplex each side consists of 1 bed 1 bath units. The single-family home does have a full basement with separate furnaces and a very nice two-car garage! Total rentis 2600 and Landlord pays for utilities. Both of the properties have a newer roof

Darson Grantham

Keller Williams Realty GDM

(515) 436-4305

1208 West St, Des Moines, IA 50315
/22
$3,850,000
- 3 Beds
- 4 Baths
- 8,064 Sq Ft
732,736,740 Michael St, Iowa City, IA 52246

42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within

Matthew Lepic

Lepic-Kroeger, REALTORS

(319) 220-3494

732,736,740 Michael St, Iowa City, IA 52246
/18
$490,000
- 12 Beds
- 8 Baths
- 9,214 Sq Ft
1806 Main St, Gowrie, IA 50543

Quiet Cove: This well-maintained 11-unit property is a great investment with 10 one-bedroom units and one two-bedroom unit in excellent condition. Currently, all but two units are rented, and those can be shown anytime! Situated on over an acre of land, the property offers plenty of space and convenience for tenants. Additional amenities include a storage/conference room (18x14), a community

Jeremiah Condon

Kesterson Realty Inc

(515) 676-4915

1806 Main St, Gowrie, IA 50543
/33
$220,000
- Studio
- 3 Baths
- 2,806 Sq Ft
1513 Des Moines St, Des Moines, IA 50316

Welcome to 1513 Des Moines Street, a prime multi-unit investment property in the heart of Des Moines. This 3-unit multiplex presents an excellent opportunity for investors seeking immediate rental income with built-in occupancy. Two of the three units are already filled, providing steady cash flow from day one. The property offers three distinct rental units, each with its own full bathroom. The

Darson Grantham

Keller Williams Realty GDM

(515) 949-4562

1513 Des Moines St, Des Moines, IA 50316
/18
$275,000
- 6 Beds
- 5 Baths
- 4,776 Sq Ft
2324 Nebraska St, Sioux City, IA 51104

This well-maintained, fully occupied four-plex is an excellent investment opportunity for investors seeking consistent cash flow with room for value appreciation. Located in the growing North Sioux City area, this property provides an ideal mix of unit sizes to attract a diverse tenant base. New Flooring in Apartment A, Studio 1, and Studio 2 New Stove & Fridge in Apartment A and Studio 1

Juan Garcia

United Real Estate Solutions

(712) 883-3381

2324 Nebraska St, Sioux City, IA 51104
/17
$1,350,000
- 7 Beds
- 4 Baths
- 13,248 Sq Ft
120 32nd St NE, Cedar Rapids, IA 52402

**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access.

Matthew Lepic

Lepic-Kroeger, REALTORS

(319) 284-6177

120 32nd St NE, Cedar Rapids, IA 52402
/19
$3,850,000
- 16,128 Sq Ft
732,736,740 Michael St, Iowa City, IA 52246

42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within

Matthew Lepic

LEPIC-KROEGER CORRIDOR, REALTORS

(319) 725-2048

732,736,740 Michael St, Iowa City, IA 52246
/10
$225,000
- Studio
- 3 Baths
- 1,964 Sq Ft
1206 39th St, Des Moines, IA 50311

$2636 per month Gross rent. Currently 2 long term leases and 1 furnished short term rental. This is a prime rental property in a sought-after Des Moines neighborhood just west of the Drake University Campus. The property comes with a renewed rental license. A new roof was installed in 2021, providing peace of mind for years to come. Unit 1 and Unit 2 have had updates in the past 2

Darson Grantham

Keller Williams Realty GDM

(515) 642-3342

1206 39th St, Des Moines, IA 50311
/17
$80,000
- 2,828 Sq Ft
1432 Avenue D, Fort Madison, IA 52627

CASH FLOW!! INVESTMENT PROPERTY AVAILABLE. BRICK DUPLEX IN FORT MADISON WITH 2 CAR GARAGE. 3 BED 1.5 BATH PER SIDE. CURRENTLY VACANT WAS RENTED AT $700/SIDE.

John Mercer

Midwest Realty

(319) 205-3491

1432 Avenue D, Fort Madison, IA 52627
/21
$450,000
- 8 Beds
- 4,480 Sq Ft
2704 Magnolia Dr, Bettendorf, IA 52722

Prime investment in Bettendorf Iowa! This 5 unit multifamily is a steal, each unit was recently updated. The units are all 2 bedrooms with one bathroom and have basements waiting to be finished for additional equity! The roof was just put on a couple months ago with brand new gutters and the siding is freshly painted! Contact me today for a private showing!

Drake Hunter

RE/MAX Concepts Bettendorf

(563) 853-8269

2704 Magnolia Dr, Bettendorf, IA 52722
/26
$159,700
- 2 Beds
- 1 Bath
- 1,206 Sq Ft
1606 N 3rd Ave, Washington, IA 52353

Spacious 2-bedroom with vaulted ceilings, electric fireplace and an eat-in kitchen. located on the North end of Washington nestled on a cozy lot with mature trees. Sliders in the main bedroom open up to a deck overlooking the backyard. Perfect, one level living space with a full, 4' crawlspace, attached garage with extra storage.

Patty Elliott

Elliott Realty Group

(319) 671-6405

1606 N 3rd Ave, Washington, IA 52353
/13
$465,000
- 8 Beds
- 4 Baths
- 3,696 Sq Ft
813 Westwinds Dr Unit 1-4, Iowa City, IA 52246

This well-maintained 4-plex on the west side of Iowa City offers a strong foundation with room to grow. Each of the four units features 2 bedrooms and 1 bathroom with a functional layout, dedicated off-street parking, and in unit laundry. Historically, the property has seen very low vacancy rates due to proximity to the University of Iowa, UIHC, and convenient access to shopping, dining, and bus

Teague Case

Westwinds Real Estate Services, Inc.

(319) 321-6824

813 Westwinds Dr Unit 1-4, Iowa City, IA 52246
/14
$69,700
- 6 Beds
- 2,052 Sq Ft
1919 N Sturdevant St, Davenport, IA 52804

Side by side townhouse style 2 story duplex. All separate utilities. One side sustained significant fire damage. The other side needs a paint and floor covering remodel. Great opportunity to build some equity and cash flow. Permits with City of Davenport will be required. Property is being sold as is where is. Co-list agent licensed in Iowa and Illinois Michael Ingleby is an owner of the

Jesse Hammes

Real Broker, LLC

(563) 785-5877

1919 N Sturdevant St, Davenport, IA 52804
/22
$345,000
- Studio
- 2 Baths
- 2,260 Sq Ft
4505 51st St, Des Moines, IA 50310

Extremely well maintained duplex with many recent upgrades. Long term tenants from 2017 and 2021 occupy the property. Recent updates include new Roof 2019, new insulation, windows, exterior doors, and gutters. Unit 4507 has all new appliances, vinyl floors, carpet, Bathtub/Toilets/Vanity/Sinks, Cabinetry, new HVAC 2025, Quartz counters, Lighting/fans, interior doors, trim, Exterior doors, Sump

David Welch

RE/MAX Precision

(515) 705-5030

4505 51st St, Des Moines, IA 50310
/19
$199,000
- 2,798 Sq Ft
415 E Main St, Montezuma, IA 50171

Looking for an investment property that cash flows almost immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,250 (Main level - 1 BR $650, 1 BR $700, Upper level - 3 BR $900). Tenants pay for their own utilities. The owner pays for mowing and snow removal. Parts of all three units have been updated within last

Andy Erselius

AE Realty, Inc

(641) 653-6584

415 E Main St, Montezuma, IA 50171
/17
$1,295,000
- 7 Beds
- 4 Baths
- 9,879 Sq Ft
1601 Aber Ave, Iowa City, IA 52246

This income-producing 12-unit apartment building offers a compelling opportunity for investors seeking stable cash flow and long-term value in the Iowa City market. Located on Aber Avenue, just minutes from shopping, dining, bus lines and interstate access, this property features updated interiors and an excellent track record of full occupancy. This property offers immediate cash flow and room

Teague Case

Westwinds Real Estate Services, Inc.

(319) 214-7538

1601 Aber Ave, Iowa City, IA 52246
/31
$293,000
- 2 Beds
- 2 Baths
- 1,326 Sq Ft
1015 E Adams St, Washington, IA 52353

One owner duplex built in 2020 located on the desired south side of Washington. Come check out this beautiful like new home featuring 2 bedrooms and 2 full bath with an option to finish the basement and add 2 more bedrooms, another full bath and a family room. The walls are up and ready for you to finish if you need more space, now or in the future. The kitchen features quartz counter tops

Patty Elliott

Elliott Realty Group

(319) 548-1576

1015 E Adams St, Washington, IA 52353
/12
$415,000
- Studio
- 10 Baths
206 and 212 NW Walnut St, Bridgewater, IA 50837

This well-maintained multifamily property features a 4-unit and 6-unit brick apartment complex on a spacious 0.83-acre lot. The portfolio includes eight 2-bedroom units and two 1-bedroom units, offering stable income with a strong 10% cap rate. Recent upgrades include newer roofs, soffit, fascia, gutters, 31 new windows, and the removal of five trees for improved property aesthetics. Units have

Stephen Patel

Pella Real Estate Services

(641) 847-5172

206 and 212 NW Walnut St, Bridgewater, IA 50837
/5
$300,000
- Studio
- 2 Baths
- 1,914 Sq Ft
1308 Idaho Ave, Ames, IA 50014

All information obtained from seller and public records.

Chris Kew

RE/MAX Precision

(515) 800-8021

1308 Idaho Ave, Ames, IA 50014
/9
$259,000
- Studio
- 3 Baths
- 2,140 Sq Ft
2400 SE 8th St, Des Moines, IA 50315

Investor opportunity in the heart of Des Moines! Located at 2400 SE 8th St, this multi-family property offers strong rental potential with three separate units—two 1-bed/1-bath units and one 2-bed/1-bath unit—spread across 2,140 sq ft of living space. The property has a masonry foundation, an unfinished basement for additional storage, and off-street parking potential. With each unit already

Eric Fitzgerald

Keller Williams Realty GDM

(515) 800-8145

2400 SE 8th St, Des Moines, IA 50315
/15
$325,000
- Studio
- 4 Baths
- 2,964 Sq Ft
4311 Ontario St, Ames, IA 50014

Excellent investment opportunity in this well-maintained 4-plex located in a desirable West Ames neighborhood! Each of the four units features 2 bedrooms and 1 bathroom, attracting long-term tenants who appreciate the property's comfort and convenience. Recent upgrades include a new roof and gutters, along with newer siding, offering peace of mind for years to come. Situated directly across from

Chris Kew

RE/MAX Precision

(515) 375-1968

4311 Ontario St, Ames, IA 50014
/122
$39,000
- 3,104 Sq Ft
311 E Joy St, Red Oak, IA 51566

Investor Special - 4-Plex with Huge Potential!Fantastic opportunity to restore and revitalize this classic 4-plex! Each unit offers 1 bedroom, 1 bathroom, a dedicated dining and living room area, plus a separate kitchen and bath. All units include two points of access, adding convenience and flexibility for tenants.This property is a true diamond in the rough - perfect for an investor looking to

Lisa Zimmerman

Better Homes and Gardens Real Estate The Good Life Group

(712) 423-6377

311 E Joy St, Red Oak, IA 51566
/43
$529,800 New Construction
- 4 Beds
- 3.5 Baths
- 2,283 Sq Ft
605 202nd St, Milford, IA 51351

Nestled in the highly sought-after Nature Trails community, this 4-bedroom, 4-bathroom home offers an unbeatable location and exceptional features. Just steps from the association pool, adjacent to a serene walking trail, and bordered by a state park on one side and a picturesque pond on the other, this newly constructed duplex is the perfect retreat. Inside, you'll find stunning vaulted wood

Aaron Jones

RE/MAX Lakes Realty

(712) 227-7131

605 202nd St, Milford, IA 51351
/65
$1,429,500 New Construction
- 5 Beds
- 4.5 Baths
- 3,690 Sq Ft
16392 255th Ave Unit A, Spirit Lake, IA 51360

Ready for Summer on East Lake Okoboji!! This new construction home offers fantastic unobstructed views of the Elinor Bedell State Park directly across East Lake. This 5 bed, 5 bath two-story gem with walkout lower level is a 3600 sq ft dream home that you can call home for many summers (and winters) to come! The open floor plan includes a great room on the main level with breath-taking lake

Aaron Jones

RE/MAX Lakes Realty

(712) 214-5222

16392 255th Ave Unit A, Spirit Lake, IA 51360
/32
$172,000
- 2,019 Sq Ft
1202 Main St, Grinnell, IA 50112

Welcome to your next investment property in Grinnell! This up and down duplex is within one block of Grinnell College and downtown Grinnell. Each 2 bedroom, 1 bathroom unit has a private exterior entrance. Both units have a nice-sized kitchen and living room. The kitchens and bathrooms of each unit have undergone some remodeling. The upstairs unit has fresh interior paint and laundry is located

Bennett Wiltfang RE/MAX Partners Realty, Grinnell

1202 Main St, Grinnell, IA 50112
/35
$300,000
- Studio
- 4 Baths
- 3,200 Sq Ft
931 High St, Grinnell, IA 50112

Welcome to your next investment property in Grinnell! This side by side duplex is within one block of Grinnell College and will make a great addition to your portfolio. Each unit has 4 bedrooms and 2 bathrooms. Both of the units have a main floor bedroom with the remaining three bedrooms on the second floor. Each unit has a nice-sized kitchen and living room. There are full bathrooms on both

Bennett Wiltfang RE/MAX Partners Realty

931 High St, Grinnell, IA 50112
/2
$359,990 New Construction
- 2 Beds
- 2 Baths
- 1,404 Sq Ft
Lot 10 Butterfield Dr, Bettendorf, IA 52722

Proposed new construction presented by Silverthorne Homes. Brand new Townhomes and Villas in a great new location in Hopewell Farms! The Lexington is the perfect plan with a wide range of options to make it your home. This open floorplan ranch villa can be customized to fit your needs from the individual finishes to adding additional rooms for even more space with options for a sunroom on the

Mark Southwood

Lot 10 Butterfield Dr, Bettendorf, IA 52722
/2
$359,990 New Construction
- 2 Beds
- 2 Baths
- 1,404 Sq Ft
Lot 9 Butterfield Ct, Bettendorf, IA 52722

Proposed new construction presented by Silverthorne Homes. Brand new Townhomes and Villas in a great new location in Hopewell Farms! The Lexington is the perfect plan with a wide range of options to make it your home. This open floorplan ranch villa can be customized to fit your needs from the individual finishes to adding additional rooms for even more space with options for a sunroom on the

Mark Southwood

Lot 9 Butterfield Ct, Bettendorf, IA 52722
/6
$359,990 New Construction
- 2 Beds
- 2 Baths
- 1,404 Sq Ft
Lot 5 Butterfield Dr, Bettendorf, IA 52722

Proposed new construction presented by Silverthorne Homes. Brand new Townhomes and Villas in a great new location in Hopewell Farms! The Lexington is the perfect plan with a wide range of options to make it your home. This open floorplan ranch villa can be customized to fit your needs from the individual finishes to adding additional rooms for even more space with options for a sunroom on the

Mark Southwood

Lot 5 Butterfield Dr, Bettendorf, IA 52722
/24
$384,990 New Construction
- 3 Beds
- 2 Baths
- 1,642 Sq Ft
Lot 11 Butterfield Dr, Bettendorf, IA 52722

Proposed new construction presented by Silverthorne Homes. Brand new Townhomes and Villas in a great new location in Hopewell Farms! The Charleston is well appointed plan with luxury included features with plenty of space. This open floorplan ranch villa can be customized to fit your needs from the individual finishes to adding additional rooms for even more space with an option for a partially

Mark Southwood

Lot 11 Butterfield Dr, Bettendorf, IA 52722
/24
$384,990 New Construction
- 3 Beds
- 2 Baths
- 1,642 Sq Ft
Lot 4 Butterfield Dr, Bettendorf, IA 52722

Proposed new construction presented by Silverthorne Homes. Brand new Townhomes and Villas in a great new location in Hopewell Farms! The Charleston is well appointed plan with luxury included features with plenty of space. This open floorplan ranch villa can be customized to fit your needs from the individual finishes to adding additional rooms for even more space with an option for a partially

Mark Southwood

Lot 4 Butterfield Dr, Bettendorf, IA 52722
/25
$384,990 New Construction
- 3 Beds
- 2.5 Baths
- 1,642 Sq Ft
Lot 8 Butterfield Ct, Bettendorf, IA 52722

Proposed new construction presented by Silverthorne Homes. Brand new Townhomes and Villas in a great new location in Hopewell Farms! The Charleston is well appointed plan with luxury included features with plenty of space. This open floorplan ranch villa can be customized to fit your needs from the individual finishes to adding additional rooms for even more space with an option for a partially

Mark Southwood

Lot 8 Butterfield Ct, Bettendorf, IA 52722
/53
$750,000
- 4 Beds
- 2.5 Baths
- 3,500 Sq Ft
27664 450th St, Moravia, IA 52571

Welcome to your luxury barndominium lodge-nearly 14 acres of secluded paradise featuring a private, stocked pond, food plots for wildlife, and exclusive access to Sundown Lake. This one-of-a-kind property boasts a true chef's kitchen outfitted with a premium Wolf and Sub-Zero appliance package, stunning quartz surfaces throughout, and three-zone in-floor heating for personalized comfort. Built to

Jason Kok Lake Homes And Farms Realty

27664 450th St, Moravia, IA 52571
/58
$338,180
- 3 Beds
- 1.5 Baths
- 2,496 Sq Ft
2370 290th St, Rockwell City, IA 50579

THE PRICE LISTED IS THE ASSESSED VALUE, NOT THE CURRENT BID! The property will be sold at auction on Saturday, August 9th at 10 AM! 2370 290th Street, Rockwell City! Make plans to attend the auction for this acreage located just minutes from Rockwell City! This 3 bedroom ranch style home boasts over 2,400 square feet of living space and an attached 2 car garage. The acreage also includes a nice

Jim Green Green Real Estate & Auction Co.

2370 290th St, Rockwell City, IA 50579
/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
/16
$179,900
- 6 Beds
- 3,464 Sq Ft
707 Brady St, Davenport, IA 52803

Uniques investment opportunity. Located across the street from Palmer Chiropractic college and up the hill from Downtown Davenport. Large 2story Duplex Upstairs offers Over 2,000 square feet. 5 large bedrooms and 2 full baths, and 2 car garage. Beautiful woodwork throughout, Mosaic tile decorative fireplace, Bay window seating, grand wooden staircase and beautiful pocket doors! Advertised

Cris Ryder EXIT Realty Fireside

707 Brady St, Davenport, IA 52803
/14
$129,900
- 2 Beds
- 2,026 Sq Ft
2329 Pershing Ave, Davenport, IA 52803

Charm and character are oozing from this well loved home that is over 100 years old. Much of the original woodwork has been kept in wonderful condition over the years. This home has been taken care of by the same family for the last 55 years. Original hardwood floors under the carpet as well. You will be greeted by a nice covered porch at the entrance and another door for the bonus apartment

Rebekah Doering Ruhl&Ruhl REALTORS Davenport

2329 Pershing Ave, Davenport, IA 52803

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