Iowa Multifamily Homes & Duplexes for Sale

/8
$1,625,000
- 1,824 Sq Ft
4716 Hutchison St, Ames, IA 50014

4 properties sold together all adjacent to each other of 1301 Florida Ave. single family & 1307 Florida Ave. 4 plex, 4713 Ontario St. 4 plex & 4716 Hutchison St. duplex property.Ech unit rent for $910 with living room brick fireplaces, kitchen, 2 bedrooms, full bath and own garage stall. Laundry room in main hallway and shared large patio located in the back.

Steve Bock RE/MAX REAL ESTATE CENTER

4716 Hutchison St, Ames, IA 50014
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/7
$1,625,000
- 2,304 Sq Ft
4713 Ontario St, Ames, IA 50014

4 properties sold together all adjacent to each other of 1301 Florida Ave. single family & 1307 Florida Ave. 4 plex, 4713 Ontario St. 4 plex & 4716 Hutchison St. duplex property. Great 4 bedroom, 4 bath rented for $775 a unit includes garage stall. very well cared for and clean building site.

Steve Bock RE/MAX REAL ESTATE CENTER

4713 Ontario St, Ames, IA 50014
/11
$1,625,000
- 4,026 Sq Ft
1307 Florida Ave, Ames, IA 50014

4 properties sold together all adjacent to each other of 1301 Florida Ave. single family & 1307 Florida Ave. 4 plex, 4713 Ontario St. 4 plex & 4716 Hutchison St. duplex property.Very well cared for 4 plex with 8 bedrooms, 4 baths, 4 car stalls. This is a one owner brick exterior building with units having up and down fireplaces, double sinks in the bath and washer & dryer in units. 2 rents

Steve Bock RE/MAX REAL ESTATE CENTER

1307 Florida Ave, Ames, IA 50014
/2
$125,000
- 1,798 Sq Ft
2836 Independence Ave, Waterloo, IA 50707

5- unit investment property! 1 unit is a 2-bedroom and the rest are 1 bedroom apartments. 24 hour notice needed for all showings.

Whitney Kohlmeyer Oakridge Real Estate

2836 Independence Ave, Waterloo, IA 50707
/14
$325,000
- 4 Beds
- 4 Baths
- 600 Sq Ft
1622-24 W 3rd 214 St W, Sioux City, IA 51103

Here’s an excellent opportunity to add a solid rental package to your portfolio with two side-by-side duplexes in Sioux City, located at 214 West St. and 1622-24 West 3rd. Together, these properties offer four income-producing units, each with a practical 1-bedroom, 1-bath layout that appeals to tenants and keeps management simple. 3 are currently occupied and the 4th lease will be signed this

Stephanie Dattolico Gateway Real Estate Advisors

1622-24 W 3rd 214 St W, Sioux City, IA 51103
/11
$150,000
- 4 Beds
- 3,232 Sq Ft
1636 W 3rd St, Davenport, IA 52802

Invest in a lucrative opportunity with this spacious 4-plex property, all units are occupied- start making money immediately. ROI 9.6%. Each unit offers 1 bedroom and 1 bathroom with designated parking in the back.

Rachel Allen KW 1Advantage

1636 W 3rd St, Davenport, IA 52802
/24
$154,995
- 4 Beds
- 1,424 Sq Ft
2734 Bridge Ave, Davenport, IA 52803

Charming Updated Duplex – Fully Occupied with Upside Potential. Centrally located in Davenport, this updated up/down duplex offers immediate cash flow with room to grow. Both 2 bed, 1 bath units are fully occupied—$800/month (MTM) downstairs, $700/month upstairs—below market rents, allowing for future upside. The property features modern updates with original charm, street parking, and a prime

Kyle Robinson Epique Realty

2734 Bridge Ave, Davenport, IA 52803
/30
$299,900
- Studio
- 4 Baths
- 2,432 Sq Ft
904 E Hackley Ave, Des Moines, IA 50315

Spacious and well-maintained duplex located on Des Moines' south side, conveniently near Southdale Shopping Center and Lovejoy Elementary. This property offers two units: one with 3 bedrooms and 1.5 bathrooms, and another with 3 bedrooms and 1.5 bathrooms. Both units feature newer carpeting, generously sized kitchens with all appliances included, and dry, expansive unfinished basements perfect

David Rodriguez RE/MAX Precision

904 E Hackley Ave, Des Moines, IA 50315
/17
$479,000
- 8 Beds
- 5,440 Sq Ft
1604 W 9th St, Davenport, IA 52804

INVESTMENT OPPORTUNITY - 6 unit apartment building in davenport. All units are 2 bed 1 bath and fully remodeled. Brand New Water Heaters, Heating System, and Appliances in all units. All new windows, doors, LVT, carpet, plumbing and electrical, electrical panels, electric, gas and water meters. All units are rented out on 1 year leases.

Kyle Robinson Epique Realty

1604 W 9th St, Davenport, IA 52804
/11
$330,000
- 1,848 Sq Ft
720 E Ave NW, Cedar Rapids, IA 52405

Investment Opportunity – Triplex + Single Family PackageLocated on the NW side near the new casino, this fully rented triplex is an excellent addition to your portfolio. The property offers three unique units: a spacious 2-bedroom with a private back deck, a cozy studio apartment, and a 1-bedroom unit. One unit is currently furnished, adding flexibility for short- or long-term rental

Chris Puckett Realty87

720 E Ave NW, Cedar Rapids, IA 52405
/26
$150,000
- 2 Beds
- 2 Baths
- 1,952 Sq Ft
222 & 224 W Elm St, Cherokee, IA 51012

GREAT FOR INVESTMENT PROPERTY!!! This is a duplex with one unit on main floor and one on the second floor. Main floor unit has an eat-in kitchen, full bath, bedroom, dining room, and living room. Second floor unit has a kitchen, living room, bedroom, bath, and a possible bedroom or den. The property has a new roof, new siding, new windows, and majority of the flooring is new. There is a basement

Joyce Rasmus Rasmus Realty & Auction

222 & 224 W Elm St, Cherokee, IA 51012
/43
$850,000
- 3 Beds
- 2 Baths
- 1,904 Sq Ft
1747 260 St, Red Oak, IA 51566

New Listing: Expansive 39-acre property offering scenic views and tranquil country living. The residence features numerous updates, three bedrooms, and two bathrooms on the main level, along with convenient main-floor laundry facilities. There is a non-conforming bedroom in the basement and a half bathroom in basement. This property offers a whole home 22K Generac Generator. We highly recommend

Jill Cooper Bergren Real Estate and Auction LLC

1747 260 St, Red Oak, IA 51566
/16
$32,500
- 4 Beds
- 3 Baths
- 2,312 Sq Ft
401 E Corning St, Red Oak, IA 51566

This property is an excellent opportunity for for fix and flip, rental as duplex or single family ( has 2 kitchens already ) or make it your own Main floor has some areas mid- renovation, has kitchen, living room, bathroom, 2 bedrooms, laundry. Upstairs has similar layout and secure, separate access. Upstairs bathroom is currently demoed out, new plumbing installed. Repairs and updates are

Dave Wiges McCord Insurance & Real Estate

401 E Corning St, Red Oak, IA 51566
/17
$280,000
- 1,400 Sq Ft
411 N Maple St Unit A/B, Janesville, IA 50647

A solid Investment opportunity awaits on this Duplex in Janesville with each side featuring 2-beds and 1-bath. Very low vacancy rate. Additional investment property sits a parcel over for a great package opportunity.

Zakary Jenn Vine Valley Real Estate

411 N Maple St Unit A/B, Janesville, IA 50647
/28
$60,000
- 2,056 Sq Ft
107 N 2nd, Vincent, IA 50594

This stunning structure, originally built in the early 1900s, offers a wealth of possibilities for its next owner. Spacious Interior: Approximately 2,056 sq. ft. of open space that can be customized to suit a variety of needs. Some work has been done including newer steel roof on lower section as well as new vinyl siding. The upper roof is foam with coating roof material. The basement can be

Todd Swalin Ryerson Realty LLC

107 N 2nd, Vincent, IA 50594
/45
$340,000
- 3 Beds
- 2 Baths
- 1,637 Sq Ft
727 S 9th St, Sac City, IA 50583

This is the one you've been waiting FORE! This split level home features a spacious living room with beautiful fireplace and gorgeous views, dining room, roomy kitchen with plenty of cabinet/counter space and built-ins and rear patio access. Up a couple of steps you will find a full bathroom with built-in linen storage, 2 good sized bedrooms, and a master suite including large master bedroom with

Jim Green Green Real Estate & Auction Co.

727 S 9th St, Sac City, IA 50583
/6
$165,000
- 4 Beds
- 1,536 Sq Ft
1012 Bridge Ave, Davenport, IA 52803

3 Unit Apartment Building for sale. Professionally managed

Scott Ryder EXIT Realty Fireside

1012 Bridge Ave, Davenport, IA 52803
/3
$1,200,000
- 7,904 Sq Ft
4524 Steinbeck St, Ames, IA 50014

Modern & Spacious 8-Plex in West Ames. Outstanding investment opportunity in West Ames! This well-maintained 8-plex features eight 3-bedroom, 2-bathroom units, each offering a spacious and functional layout. Lower-level units include patios, while upper-level units feature decks and vaulted ceilings, adding a sense of openness. All units are equipped with in-unit laundry for added tenant

John Livingston Hunziker & Assoc.-Ames

4524 Steinbeck St, Ames, IA 50014
/22
$350,000
- 5,244 Sq Ft
1735 Central Ave, Dubuque, IA 52001

Investor Alert! Fully rented mixed use brick income property with one commercial space and four residential apartments. This is a well maintained and updated property that any investor should be proud to own. Commercial space address is 1735 Central Ave. Apartments are (3) 1 Bedroom, (1) 2 Bedroom and addresses are 1736 Heeb St #1 and #2 and 1738 Heeb St. #1 and #2. There are 5 electrical

David Sandman Remax Advantage

1735 Central Ave, Dubuque, IA 52001
/29
$215,000
- 4 Beds
- 1,664 Sq Ft
2717 W 34th St, Davenport, IA 52806

Fully occupied side-by-side duplex is conveniently located near the bike path, shopping and restaurants. The units offer a great layout with main-floor living room and kitchen, two large bedrooms and full bath on the upper level, and full basement with private laundry hookups. There is also an attached oversized garage for each unit. Both units have their own front and back entrances, providing

Shawna Burrow NextHome QC Realty

2717 W 34th St, Davenport, IA 52806
/15
$299,000
- 8 Beds
- 3,614 Sq Ft
3117 Schuetzen Ln, Davenport, IA 52804

Davenport 4-plex available—an income-producing property with four 2-bedroom, 1-bath units, each offering private entrances and decks. The building includes a shared basement laundry with leased equipment, generating additional monthly revenue. Tenants benefit from private covered garage parking, individual storage units, and extra off-street parking, enhancing tenant retention and demand. Three

Desiree Housby The Riverview Group - Epique Realty

3117 Schuetzen Ln, Davenport, IA 52804
/7
$610,000
- 8 Beds
- 9,762 Sq Ft
3567 Kimberly Downs Rd, Davenport, IA 52807

This well-maintained 11-unit brick building in a strong Davenport location offers all 2-bedroom, 1-bath units with updated interiors over the past 4–5 years, including refreshed flooring, paint, kitchens, and baths. Major improvements include two new boilers (2021), a new water heater (2021), updated electrical panels (2021), a full sprinkler system installed in 2022, and a recently replaced

Desiree Housby The Riverview Group - Epique Realty

3567 Kimberly Downs Rd, Davenport, IA 52807
/26
$314,000
- 3 Beds
- 2 Baths
- 1,146 Sq Ft
409 S 7th Ave, Iowa City, IA 52245

Home & Rental, in an established area close to downtown, university, hospital and clinics. This rental sits on a corner lot, garages, spacious square feet, and could be converted back to a home. Lower level efficiency with laundry, upper unit 2 bedrooms, bath, laundry.

Wendy Fountain Sellers & Seekers Real Estate

409 S 7th Ave, Iowa City, IA 52245
/31
$107,000
- 2,860 Sq Ft
515 Main St, Iowa Falls, IA 50126

This is a great investment opportunity for someone wanting to venture into the rental space or someone who is experienced. This property features three rental units. The first unit is a two story large two bedroom, one bath that features hardwood floors and fireplace. The second unit is a one bedroom, one bathroom that features a large bay window and hardwood floors, recent updates include new

Heather Schachtner Ferris Real Estate

515 Main St, Iowa Falls, IA 50126
/16
$199,900
- Studio
- 4 Baths
- 2,381 Sq Ft
401 Franklin Ave, Des Moines, IA 50314

Fully refreshed from top to bottom with new LVP flooring, fresh paint, new carpet, and new appliances, this duplex is move-in ready for tenants or an ideal house-hack. The owner also added central air to both units for year-round comfort. Unit 1 is on the main level and has an open floor plan with dining area that consists of 2 bedroom, 2 bathrooms. Unit 2 is on the 2nd and 3rd floor and

Jeffrey Horner Gillum Group Real Estate LLC

401 Franklin Ave, Des Moines, IA 50314
/19
$425,000
- 6 Beds
- 4 Baths
- 2,220 Sq Ft
507 S Greene St, Rock Rapids, IA 51246

Fully Renovated Duplex in Rock Rapids, IA! An exceptional opportunity awaits with this completely renovated and reconstructed duplex, built from the ground up with quality, efficiency, and functionality in mind. Located in the heart of Rock Rapids, IA, this property is ideal for both investors and owner-occupants looking to offset their mortgage by renting out one unit. Each unit offers 1,110

Jessica Mogler Ameri/Star Real Estate, Inc

507 S Greene St, Rock Rapids, IA 51246
/23
$155,000
- 1,936 Sq Ft
204 & 206 Elm St, Iowa Falls, IA 50126

Unique opportunity on this side by side duplex. Designed for privacy and long term stability, each side offers its own private entrance, 2 bedrooms, full bath, in unit laundry and attached garage. The residences share no living walls, only the garages are connected. One unit is slightly larger, making it ideal for an owner-occupant while offsetting cost by renting out the other side. Whether

Lisa Renaud Ferris Real Estate

204 & 206 Elm St, Iowa Falls, IA 50126
/26
$449,900
- Studio
- 6 Baths
1372 E 12th St, Des Moines, IA 50316

Great opportunity to invest in this Muti-use building 4 large units with three bedrooms each! The two units in the first level are vacant and contain 3 Beds, 2 bathrooms and Central air. One of the two apartments in the second level is occupied, rent is charged at $1500 type of leasing agreement is month to month. The other apartment is vacant. Rental certificate is being approved by the City of

Julia Mena RE/MAX Concepts

1372 E 12th St, Des Moines, IA 50316
/10
$275,000
- Studio
- 7 Baths
- 3,067 Sq Ft
3101 Cottage Grove Ave, Des Moines, IA 50311

Steps from Drake University and surrounded by ongoing neighborhood revitalization, 3101 Cottage Grove is primed for transformation. Currently a 7 unit building, it shines brightest as a candidate for conversion back to a stately single family home. The property sits within an InvestDSM program area making it eligible for grants, reimbursements, and low interest rehab loans plus NFC Advantage

Sarah Kavalier LPT Realty, LLC

3101 Cottage Grove Ave, Des Moines, IA 50311
/21
$149,000
- 2,456 Sq Ft
902 5th Ave, Council Bluffs, IA 51501

Lots of value to be added! This solid multifamily property offers three units total -- two 1-bedroom apartments and one 2-bedroom apartment. Tenants enjoy rare convenience with an attached garage stall plus three off-street parking spaces. Currently generating $23,520/year gross income (net $16,620/year), the property is already cash flowing, and with two units turning over at closing, you'll

Jamie Leaders J. Leaders Realty

902 5th Ave, Council Bluffs, IA 51501
/31
$160,000
- 2,018 Sq Ft
220 Harrison St, Council Bluffs, IA 51503

3 bedroom apartment on main floor practically new and close to finish- all cabinets are there, but need to be installed. Needs paint and flooring. Upstairs 1 bedroom apartment is rented and tenant would like to stay.

John Edwards Key Real Estate

220 Harrison St, Council Bluffs, IA 51503
/27
$499,500
- 12 Beds
- 8 Baths
- 2,592 Sq Ft
1518 4th Ave SW, Spencer, IA 51301

Investor Opportunity on the Golf Course! Rare opportunity to own a well-maintained 4-unit multifamily complex located directly on the Spencer Municipal Golf Course. Each spacious unit features 3 bedrooms and 1.5 bathrooms, offering strong rental appeal in a beautiful and convenient location. One unit has been completely remodeled with modern finishes, while the remaining three units have

Michelle Lohman EXIT Realty Midwest- Spencer/Emmetsburg

1518 4th Ave SW, Spencer, IA 51301
/36
$265,000
- 1,250 Sq Ft
218 Main St, Mc Gregor, IA 52157

Prime investment opportunity in the heart of downtown McGregor! This income-producing building features three rental apartments and a beautifully renovated commercial space that is currently leased as a coffee shop. Two apartments and the commercial space are already occupied, with strong potential when fully rented. The building offers one efficiency unit and two larger apartments, all in good

Colton Day RE/MAX Gold

218 Main St, Mc Gregor, IA 52157
/52
$375,000
- 4 Beds
- 3 Baths
- 2,450 Sq Ft
3252 Brookshire Dr, Keokuk, IA 52632

Walk into this beautiful condo that was quality built in 2009 with 4 BDRS, 3 baths and you'll be like WOW! In pristine condition, the open concept is very appealing and features a great working kitchen with plenty of oak cabinets, quartz countertops and a breakfast area that walks out to the wood deck (with remote sun seeker awning) overlooking the additional 2.27 acres. Very spacious living room

Paul Westermeyer The People's Real Estate

3252 Brookshire Dr, Keokuk, IA 52632
/13
$85,000
- 852 Sq Ft
403 Maple St, Osage, IA 50461

Opportunity for a first-time investor or a seasoned investor! This duplex features two one-bedroom apartments, each offering comfortable living and income potential. In addition, the detached garage is currently rented for extra cash flow. The property also offers flexibility- if desired, it could be converted into a single family home, providing 3 bedrooms. Shingles were installed on the

Bob Muller Main Realty

403 Maple St, Osage, IA 50461
/49
$219,000
- 6 Beds
- 5,090 Sq Ft
637 E 15th St, Davenport, IA 52803

Investment Property for Sale. 48HR Notice Required for Showings. Unit #5 is 3bd/1ba. Rent is $825.00 and utility charges are $200/month. Owners keep all utilities in their name and charge back a flat rate utility fee. Utilities are split up for gas and electric and could be switched into tenants names. Owner would be responsible for water/sewer/trash. Kyle Condon is licensed Realtor in IA &

Kyle Condon Epique Realty

637 E 15th St, Davenport, IA 52803
/19
$295,000
- 2 Beds
- 2 Baths
- 672 Sq Ft
616 W Water St, Decorah, IA 52101

Income-producing duplex situated on a corner lot in the heart of downtown! This once-in-a-lifetime opportunity offers incredible potential for a home-based business or investment property. Enjoy the unbeatable location—just steps away from local restaurants, breweries, and the Trout Run Trail.

Jayme Folkedahl Kelly Real Estate Inc

616 W Water St, Decorah, IA 52101
/6
$105,000
- 3 Beds
- 2 Baths
- 976 Sq Ft
102 South St, Waterloo, IA 50701

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

Leeann Sires EPM, Iowa

102 South St, Waterloo, IA 50701
/16
$250,000
- 1,036 Sq Ft
2115 Mamie Eisenhower Ave, Boone, IA 50036

Unique investment opportunity in this old motel apartment conversion that could easily be owner occupied. 2 bedroom, 1 bath, 1036 sf single family home and 10 studio apartments.

Jen Burkamper RE/MAX REAL ESTATE CENTER

2115 Mamie Eisenhower Ave, Boone, IA 50036
/36
$359,900
- 4 Beds
- 4 Baths
208 Sioux St, Sioux City, IA 51103

Incredible ownership opportunity! 3 updated homes on one parcel, own a property like no other! Whether you're an investor, looking to live in one and rent the others, or looking for the perfect setup for multi-generational living, this is truly a rare and exciting opportunity! This parcel includes three detached home each with its own newly installed privately fenced yard and many updates

Felina Perez Century 21 ProLink

208 Sioux St, Sioux City, IA 51103

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