Iowa Multifamily Homes & Duplexes for Sale

• 

  

  

  /28

  $375,000

  • 6 Beds
  • 5,148 Sq Ft

  3240 Heatherton Dr, Davenport, IA 52804

  This 6-unit apartment complex was remodeled just a few years ago, offering updated interiors and solid mechanicals throughout. Each unit features modern finishes, updated kitchens and baths, and efficient layouts that appeal to renters. Currently, two units are vacant, presenting immediate potential for owner-occupancy or new tenant placement at market rent. Ideal for investors seeking a turn-key

  Jill Carstens Haven. Real Estate

  

  3240 Heatherton Dr, Davenport, IA 52804
• Selling your home? Sell it faster and for more with a Homes.com Boost.

  Buy Now
• 

  

  

  /11

  $189,900

  • 6 Beds
  • 2,200 Sq Ft

  6317 Appomattox Rd, Davenport, IA 52806

  Northwest Davenport Investment Property For Sale! Unit are similar floorplans. 3brs, 1.5ba, 1100sqft with unfinished basements with laundry hookups. New LVP flooring in last three years. Separate utility meters for all units. Tenants pay all utilities. All leases are currently month to month with background checks and deposits in place. Seller is a licensed real estate agent in IA & IL. 48hour

  Peter Voss 3% Listing Company, LLC

  

  6317 Appomattox Rd, Davenport, IA 52806
• 

  

  

  /3

  $169,900

  • 3,206 Sq Ft

  1404 Iowa St, Dubuque, IA 52001

  Solid all brick 5 plex with great cash flow. Fully occupied, unit #2 is owners 2 bedroom apartment with access to patio, large storage shed and off street parking spot and access to basement. Rent is projected at $800. Nice stand alone apartment #5 located in back. Newer steam boiler.

  Tom Sitzmann Realty Pros LTD.

  1404 Iowa St, Dubuque, IA 52001
• 

  

  

  /17

  $325,000

  • 8 Beds
  • 4 Baths
  • 2,400 Sq Ft

  1520-22 S Saint Aubin St, Sioux City, IA 51106

  Outstanding Morningside Duplex – Live In One, Rent the Other! Nestled in a prime location near shopping and schools, this beautifully maintained duplex offers exceptional versatility for homeowners or investors alike. The upstairs unit has been completely renovated with new LVP flooring, new carpet in all 4 bedrooms, new light fixtures throughout, 2 brand new full bathrooms, a remodeled kitchen,

  Audrey Hoekstra Gateway Real Estate Advisors

  1520-22 S Saint Aubin St, Sioux City, IA 51106
• 

  

  

  /6

  $299,000

  • 4,256 Sq Ft

  1300 Highland Ave Unit 4, Red Oak, IA 51566

  This is a 4 unit apartment Building that has been well maintained over the years. 2 units are 2 bed-1 bath and 2 units with 3 beds-1 bath. Recent updates include New Cement Board siding, back deck replaced, cement patio in back replaced. 3 of the 4 units updated windows. Apartment #4 has been recently remodeled with granite counter tops, new soft close cabinets, interior doors, and kitchen

  Terry O'Toole NP Dodge Real Estate - Council Bluffs

  1300 Highland Ave Unit 4, Red Oak, IA 51566
• 

  

  /5

  $299,000

  • 4,256 Sq Ft

  1300 Highland Ave, Red Oak, IA 51566

  This is a 4 unit apartment Building that has been well maintained over the years. 2 units are 2 bed-1 bath and 2 units with 3 beds-1 bath. Recent updates include New Cement Board siding, back deck replaced, cement patio in back replaced. 3 of the 4 units updated windows. Apartment #4 has been recently remodeled with granite counter tops, new soft close cabinets, interior doors, and kitchen

  Terry O'Toole NP Dodge - Glenwood

  1300 Highland Ave, Red Oak, IA 51566
• 

  

  /29

  $239,500

  • 2 Beds
  • 2,334 Sq Ft

  320 W Hayes St Unit 320, 320 1/2, 320 1/, Davenport, IA 52803

  Solid Brick Tri-Plex Near Ambrose University, Palmer college & Vander Veer Park –An income-Producing property with Classic Charm. This well-built, solid brick tri-plex features two spacious one-bedroom units and one efficient studio apartment—ideal for investors or owner-occupants seeking dependable rental income in a highly desirable location. Each unit offers private entrances, beautiful

  Tom Behal Mel Foster Co. Davenport

  

  320 W Hayes St Unit 320, 320 1/2, 320 1/, Davenport, IA 52803
• 

  

  /8

  $120,000

  • 2,520 Sq Ft

  506 W Locust St Unit 508 W Locust, Dubuque, IA 52001

  Don't miss this side-by-side duplex with strong rental potential! Each unit features 2 bedrooms and 1 bathroom. The left unit is leased through the end of July, and the right side is vacant, perfect for an investor or owner-occupant. Recent updates include new windows installed in June 2022, a new front porch added in April 2024, and a new roof from 2017. While the property has received several

  Marcus Anderson EXIT Unlimited

  506 W Locust St Unit 508 W Locust, Dubuque, IA 52001
• 

  

  /49

  $750,000

  • 3 Beds
  • 2.5 Baths
  • 3,147 Sq Ft

  3014 Field Crest Dr, Missouri Valley, IA 51555

  Enjoy sunrise‐to‐sunset Loess Hills scenery from this 2002 walk‐out ranch on five surveyed acres. The main level offers 3 bedrooms, 2 full baths, a half bath, hickory floors, gas fireplace, and 3,147 sq ft of living space. A 432 sq ft loft office overlooks the great room. The finished lower level adds one non‐conforming bedroom, full bath, rec area, single wet bar, and a concrete storm

  Joey Moser Base Camp Country Real Estate

  3014 Field Crest Dr, Missouri Valley, IA 51555
• 

  

  /17

  $199,700

  • 1,185 Sq Ft

  2525 River Rd, Decorah, IA 52101

  Located in Freeport, this duplex has the location, convenience and space you're looking for in an investment! Each unit has 2 bedrooms and 1 bath. The large yard offers space to enjoy the outdoors and the large, heated garage gives you the option for storage! The trail is across the street and the park is close by! A short drive or walk, and you'll be at the Oneota Golf & Country Club, Upper

  Tade Kerndt Viking Realtors

  2525 River Rd, Decorah, IA 52101
• 

  

  /18

  $169,000

  • 2,968 Sq Ft

  568 Loras Blvd, Dubuque, IA 52001

  This turnkey duplex at 568 Loras Boulevard with long-term tenants in place has generated consistent rental income from day one! Located in a highly rentable area near colleges and downtown Dubuque, this property is ideally positioned to be a dependable addition to your portfolio. There is potential to expand living space and increased value with a proper build-out of the attic and/or the

  Mike Kilcoyne Keller Williams 1Advantage

  568 Loras Blvd, Dubuque, IA 52001
• 

  

  /27

  $89,900 Open Mon 4PM - 6PM

  • 2,292 Sq Ft

  400 Vanderbilt St, Fairfax, IA 52228

  Great opportunity to own a fully rented 4-plex in the heart of Fairfax. This income-producing property features a solid rental history with some long-term tenants already in place, offering immediate cash flow for the next owner. The property is part of an estate and is being sold as-is. See disclosure and recent rental inspection. Any and all repairs including rental permit repairs shall be the

  Stefan Real Estate + Development Twenty40 Real Estate + Development

  400 Vanderbilt St, Fairfax, IA 52228
• 

  

  /50

  $385,000

  • 3 Beds
  • 1 Bath
  • 7,296 Sq Ft

  501 Iowa Ave, Essex, IA 51638

  Live. Work. Play-all in one place. 501 & 503 Iowa Ave, Essex, IA. These two side-by-side properties (zoned commercial/residential) are selling together and offer endless potential for a savvy, fun-loving buyer. 501 Iowa Ave-a 1954 remodeled 1,296 sq ft bar with a patio. TVs, projectors, coolers, furniture, kitchen equipment, AND patio furnishings-all included. 503 Iowa Ave- built in 1922 includes

  Faith Dailey Jim Hughes Real Estate

  501 Iowa Ave, Essex, IA 51638
• 

  

  /32

  $135,000

  • 1,720 Sq Ft

  605 4th St SW, Cedar Rapids, IA 52404

  Great Investment opportunity with this Fully Occupied 4 Unit Building. Rents for the units are 500, 435, 440, and 440. Tenants pay all utilities. 24 Hour notice required for Showings.

  Shannon Annis Affinity Real Estate Services

  605 4th St SW, Cedar Rapids, IA 52404
• 

  

  /17

  $354,900

  • Studio
  • 3 Baths
  • 1,880 Sq Ft

  3833 38th St, Des Moines, IA 50310

  Complete remodel ready for new tenants. Potential is endless with this all brick solid duplex. Detached 2 car garage with tons of extra storage. Easy to show!

  Bradley Johnson Keller Williams Legacy Group

  3833 38th St, Des Moines, IA 50310
• 

  

  /18

  $199,999

  • Studio
  • 3 Baths
  • 1,768 Sq Ft

  1642 E Grand Ave, Des Moines, IA 50316

  Great investor opportunity with this tri-plex in east Des Moines! This property is fully occupied with Units 1 and 2 bringing $850 per month and Unit 3 bringing $750 per month. Monthly costs are between $1600-$1800. Cash Flow is great if you're looking for a side hustle! Rental certificate in place. Open to creative financing.

  Bethany Cochran Agency Iowa

  1642 E Grand Ave, Des Moines, IA 50316
• 

  

  /36

  $369,900

  • 3,858 Sq Ft

  1132 Main St, Grinnell, IA 50112

  Discover this spacious and beautifully renovated four-square home, ideally located just a short walk from Grinnell College and downtown Grinnell. Perfect for students, faculty, or investors, this property offers a versatile living experience with four fully updated apartments. Historic Four-Square with spacious rooms, high ceilings, and timeless charm. Four Renovated Apartments each unit has

  Joyce Halblom TurnKey Realty LLC

  1132 Main St, Grinnell, IA 50112
• 

  

  /11

  $150,000

  • 2,494 Sq Ft

  2274 Washington St, Dubuque, IA 52001

  Great First-Time Investment Opportunity! This fully rented duplex near the Bee Branch walking path is a smart start for any new investor. Both units—a spacious 2-bedroom and a 3-bedroom—are currently leased and generating solid cash flow from day one. With large rooms and off-street parking, the property offers strong tenant appeal. The 3-bedroom unit is currently rented under market value and

  Rose Bowen Keller Williams Legacy Group

  2274 Washington St, Dubuque, IA 52001
• 

  

  /18

  $269,900

  • 3,100 Sq Ft

  780 Ryan Ave, Hiawatha, IA 52233

  Investor’s Dream! Fully Occupied Cash-Flowing Fourplex in Hiawatha. Don’t miss this rare opportunity to own a solid income-producing fourplex nestled on a quiet, tree-lined street in the heart of Hiawatha. This well-maintained property features four fully occupied units with long-term tenants in place, generating a steady $2,985/month in rental income. Whether you're a seasoned investor or just

  Jeremy Trenkamp Realty87

  780 Ryan Ave, Hiawatha, IA 52233
• 

  

  /34

  $719,900

  • Studio
  • 5 Baths
  • 3,676 Sq Ft

  15323 Goldenrod Dr, Urbandale, IA 50323

  This is a two unit duplex located in the Waterford Creek that offer a modern design with an openconcept and the abundance of natural light and views from the large family room windows. You will lovethese quality built townhome with plenty of space for the entire family located in a beautifulUrbandale neighborhood. Enjoy the tranquility of the private backyard overlooking trees and a

  Lacey Paine Realty ONE Group Impact

  15323 Goldenrod Dr, Urbandale, IA 50323
• 

  

  /15

  $239,500

  • 4,755 Sq Ft

  628 Avenue F, Fort Madison, IA 52627

  Incredible Income Producing Potential!! This 5 unit apartment building awaits! Plenty of renovations have already been done, 4 garage stalls that could add even more income & all units are currently occupied as well! Newer roof, gorgeous hardwood flooring in each unit, updated lighting, appliances convey from each unit and more! This is a grand opportunity to add to your portfolio! Call your

  Carla McEntee Fraise Auction Real Estate

  628 Avenue F, Fort Madison, IA 52627
• 

  /2

  $265,000

  • 4 Beds
  • 2 Baths
  • 912 Sq Ft

  1213 Bowler St, Hiawatha, IA 52233

  Long term tenants, on a month to month lease currently. Property being sold as is. Newer roof in 2020/2021, updated windows on the sides and back, updated vinyl siding on the dwelling. Please read disclosure for other items to be completed on the garage and reach out to the list agent if you have any questions..

  Alicia Porter RE/MAX Concepts

  

  1213 Bowler St, Hiawatha, IA 52233
• 

  

  /24

  $95,000

  • Studio
  • 4 Baths
  • 1,636 Sq Ft

  98 Main St, Massena, IA 50853

  Attention Investors! Rare opportunity to own a 3-plex investment property in the heart of Massena, Iowa, perfectly positioned between Omaha (60 miles) and West Des Moines (70 miles) along I-80.This unique property needs some TLC but offers big potential! It features three separate units with private entrances and laundry in each. The main level was beautifully remodeled in 2018 with a

  Angela Mckenzie RE/MAX Concepts

  98 Main St, Massena, IA 50853
• 

  

  /6

  $5,250,000

  • 10,895 Sq Ft

  3701 Eastbrook St, Iowa City, IA 52245

  3701 Eastbrook St in Iowa City is a 2 – building, 18–Unit property with 3.5 acres of developed land and4.01 acres of excess undeveloped land located on theeast side of Iowa City. The excess land is approvedfor an additional 86 units. The property is currentlyrented by the unit, and features three different floorplans: 6 - 1 bed / 1 bath, 4 - 2 bed / 2 bath & 8 - 3bed / 2 bath. The buildings were

  Tiffany Earl-Williams SKOGMAN REALTY COMMERCIAL

  3701 Eastbrook St, Iowa City, IA 52245
• 

  

  /16

  $165,000

  • 1,680 Sq Ft

  1805 Madison St, Dubuque, IA 52001

  1805 Madison Street — This charming treetop duplex is full of potential and ready for its next owner! This sweet spot is already fully rented and generating steady cash flow. There may be room to grow with the possibility of adding a third unit to the lower level. Whether you're looking to invest or nest, this is an opportunity you won't want to pass up!

  Mike Kilcoyne Keller Williams 1Advantage

  1805 Madison St, Dubuque, IA 52001
• 

  

  /29

  $180,000

  • Studio
  • 2 Baths
  • 1,218 Sq Ft

  3663 Grand Ave Unit 501, Des Moines, IA 50312

  Welcome to Unit 501 at West Grand Towers Condos where luxury living, location, and amenities meet! This spacious 2-bedroom, 2-full bath condo offers 1,218 sq ft of living space, a large private balcony with views of the Des Moines skyline and pool, and additional storage for your convenience. This unit has great customizable potential to personalize and build equity in one of Des Moines' most

  Kathy Miller RE/MAX Precision

  3663 Grand Ave Unit 501, Des Moines, IA 50312
• 

  

  /26

  $725,000

  • 8 Beds
  • 4 Baths
  • 2,244 Sq Ft

  504 2nd Ave, Coralville, IA 52241

  6-plex Multi-family building with excellent rental history. 5 units are 748sf with 2 bdrm/1 bath and one off-street parking space. 1 Unit is 1 Bdrm/1 bath with several large closets. Close to IRL, U of I Hospitals and Kinnick as well as many restaurants, coffee shops and just a hop away from two major interstates. Close proximity to bus lines as well.

  Monica Hayes Lepic-Kroeger, REALTORS

  

  504 2nd Ave, Coralville, IA 52241
• 

  

  /22

  $295,000

  • 8 Beds
  • 4 Baths
  • 1,680 Sq Ft

  755 Brandon Ave, Hiawatha, IA 52233

  Welcome to 755 Brandon Ave, Hiawatha, IA—a well-maintained and updated multi-family 4-plex offering a fantastic investment opportunity! Each of the four units has been thoughtfully updated, providing modern finishes and comfortable living spaces for tenants. Recent improvements enhance both aesthetics and functionality, ensuring long-term value and low maintenance for the new owner. Conveniently

  Travis Gaule Skogman Realty Co.

  

  755 Brandon Ave, Hiawatha, IA 52233
• 

  /2

  $625,000

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

  614 Iowa Ave, Iowa City, IA 52240

  DUPLEX 614 & 614-1/2 Iowa Ave. 614 is a 5 bedroom 2 bath unit rented through July of 2026 at $3000. Tenants responsible for all utilities. Landlord responsible for lawn care. Lots of parking of assigned parking off of alley. Property has an accepted offer with contingencies. Accepting backup offers. 614-1/2 is 3 bedroom 1 bath upper 1 unit rented though July of 2026 at $ 2400. Tenants

  Chris Lehman Edge Realty Group

  

  614 Iowa Ave, Iowa City, IA 52240
• 

  /2

  $59,900

  • 2,009 Sq Ft

  125 S 8th St, Burlington, IA 52601

  Investment opportunity! This side-by-side duplex offers a total of 1,309 square feet and features two 1-bedroom, 1-bath units. Each unit has a functional layout, separate entrances, and comfortable living spaces. Situated on a quiet dead-end road, the property offers added privacy and minimal through traffic. Long-term tenants are already in place, providing steady rental income from day one.

  Jon Salvador Century 21/Property Profession

  125 S 8th St, Burlington, IA 52601
• 

  

  /20

  $134,900

  • 2,244 Sq Ft

  221 Center St, Elgin, IA 52141

  This 4-unit property has a great ROI. The occupancy has been very high. The current owners have replaced the roof and updated electrical. Each unit has 2-bedrooms. There is potential to convert the front downstairs 2-bedroom back to a commercial space as it has served in both capacities.

  Jeffrey Marcks EXIT Realty Driftless Group

  221 Center St, Elgin, IA 52141
• 

  

  /38

  $239,000

  • 2 Beds
  • 2 Baths
  • 1,200 Sq Ft

  1117 8th Ave, Rock Valley, IA 51247

  Welcome to this well-maintained home for sale in Rock Valley, IA! Built in 2007 and featuring thoughtful updates like a new gas furnace and central A/C in 2024, this home offers both comfort and efficiency. The main floor boasts a convenient layout with the spacious primary suite, complete with a walk-in closet and private bathroom, as well as a second bedroom, full bathroom, and laundry room-all

  Ryan Zomer Zomer Company

  1117 8th Ave, Rock Valley, IA 51247
• 

  

  /26

  $305,000

  • 6 Beds
  • 5 Baths
  • 4,248 Sq Ft

  123 N Sycamore St, Monticello, IA 52310

  SIXTEEN PLEX! If you are in the market for an income property, look no further! We have the numbers for this two story apartment building and they look great! There is a new roof and the vacancy rate is low. Call today to see and look at the chance for extra income.

  Michael McDonough McDonough Real Estate

  123 N Sycamore St, Monticello, IA 52310
• 

  

  /3

  $80,000

  • 1 Bed
  • 907 Sq Ft

  1326 E 9th St, Davenport, IA 52803

  East Davenport Duplex/ Carriage house near Davenports East Villiage 1 One bedroom and one efficiency apartment. long term tenants 4 car garage plus some additional storage Also available is a duplex in front of the carriage house for 120K All 4 units are rented 48 hour notice is preferred

  Ray McDevitt Ruhl&Ruhl REALTORS Bettendorf

  

  1326 E 9th St, Davenport, IA 52803
• 

  

  /3

  $120,000

  • 3 Beds
  • 1,858 Sq Ft

  1328 E 9th St, Davenport, IA 52803

  close to the east Village conversion duplex owned by the same owner for over 60 years. Rents are well below market rent . There is a carriage house behind on a separate parcel with a 5 car garage and 2 apartments for 80,000.

  Ray McDevitt Ruhl&Ruhl REALTORS Bettendorf

  

  1328 E 9th St, Davenport, IA 52803
• 

  

  /3

  $139,900

  • 868 Sq Ft

  424 W 9th St, Cedar Falls, IA 50613

  Cedar Falls duplex on a corner lot close to downtown area! This is a highly desired side-by-side duplex with 2 bedrooms and 1 bath on one side and 3 bedrooms and 1 bath on the other. Separate water and furnace, plus central air on one side. Roof has been recently replaced and aluminum siding is in great shape. Amazing investment opportunity plus plenty of resale value after rehab. Ask your

  Derick Rogers Realty ONE Group Movement

  424 W 9th St, Cedar Falls, IA 50613
• 

  

  /15

  $285,000

  • 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
• 

  

  /45

  $950,000

  • 15 Beds
  • 13 Baths
  • 5,675 Sq Ft

  2429-47 Williams Ave, Sioux City, IA 51106

  Investment Opportunity- 13-Unit Multi-Family Property with Extra Lot! Don't miss this opportunity to own a 13-unit multi-family complex offering solid rental income and long-term growth potential. This well-maintained property features a mix of unit types to attract a variety of tenants: seven 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and four efficiency units (Units 16, 17, 18, and

  Anthony Rodriguez NextHome Tri State Realty

  2429-47 Williams Ave, Sioux City, IA 51106
• 

  

  /52

  $1,195,000

  • 4 Beds
  • 3.5 Baths
  • 3,292 Sq Ft

  15649 250th Ave, Spirit Lake, IA 51360

  This is lake life done right! This exceptional lakeside townhome offers three stunning walkout levels of refined waterfront living, all designed to capture the beauty of East Lake Okoboji and unforgettable sunsets. With only one shared wall and a built-in concrete sound barrier for optimal privacy, this elegant residence lives more like a single-family home—peaceful, spacious, and beautifully

  Erica Schultes EXIT Realty Midwest

  15649 250th Ave, Spirit Lake, IA 51360
• 

  

  /34

  $275,000

  • Studio
  • 3 Baths
  • 2,643 Sq Ft

  4131 55th St, Des Moines, IA 50310

  Turnkey duplex offering strong cash flow from day one! Unit A features 2 bedrooms and 1 full bath, while Unit B offers 4 bedrooms and 2 baths - ideal for maximizing rental income. Both units are spacious and well-maintained, making this a perfect addition to any investor's portfolio. Recent updates include a newer roof and siding, reducing future maintenance costs. Tenants enjoy off-street

  Jordan Jackson RE/MAX Revolution

  4131 55th St, Des Moines, IA 50310

Showing Results 41 - 80, Page 2 of 12