Iowa Multifamily Homes & Duplexes for Sale

/18
$700,000
- 3,150 Sq Ft
310 E 5th St, Huxley, IA 50124

Calling all investors! Don't miss this opportunity to own 2 brick, cash flowing 4-plexes, side by side in the fast growing community of Huxley! All units are 2 bedroom, 1 bathroom & come with their own detached garages. Numerous updates include roofs on both buildings, LVP flooring in most units, some newer appliances & wall a/c units. Both are on efficient boiler heat with one being newer as

Jason Miller Weichert, Realtors®-Miller & Clark Agency

310 E 5th St, Huxley, IA 50124
/18
$52,000
- 2,050 Sq Ft
523 Dunham St, Burlington, IA 52601

Lots of potential in this up down duplex. The first floor features an eat in kitchen with an adorable little sitting area and walk in pantry. Two bedrooms on the main level and an additional living room!! The upstairs has two bedrooms a cute galley kitchen and another full bath with living room. Basement is great for storage. Extra large lot with a one-car detached garage!!!

Leiah Prall Century 21/Property Profession

523 Dunham St, Burlington, IA 52601
/2
$49,900
- 2 Beds
- 1,584 Sq Ft
1719 N Sturdevant St, Davenport, IA 52804

Duplex one block south of W. Locust street. Up, Down Duplex with one bedroom in each unit. Price reflexes the renovation needed on the property. Property is sold as is where is.

Chris Holvoet 3% Listing Company, LLC

1719 N Sturdevant St, Davenport, IA 52804
/21
$220,000
- 4 Beds
- 2,576 Sq Ft
2813 N Main St, Davenport, IA 52803

Come check out this amazing opportunity to own a well-maintained duplex, conveniently located in Central Davenport! These two units are move-in-ready! Both units have 2 bedrooms and one bathroom. There are also washer and dryer hook-ups in each unit. The upper unit is currently tenant-occupied. A 24-hour notice is required for showings. Schedule your showing today!!!

Kyle Robinson Epique Realty

2813 N Main St, Davenport, IA 52803
/10
$68,000
- 2 Beds
- 1 Bath
- 1,398 Sq Ft
107 4th St NW, Fort Atkinson, IA 52144

Unique rental property in Fort Atkinson! Former bank and includes the original safe. Both units have 1 bedroom and 1 bathroom. Front unit has been fully updated along with the exterior painted, new windows, and roof done in 2018. Garage will have new siding, gutters and fascia done before closing. Come take a look at this great building!

Jeanne Gullekson Kelly Real Estate Inc

107 4th St NW, Fort Atkinson, IA 52144
/28
$807,500
- 7 Beds
- 7,800 Sq Ft
515 N Ripley St, Davenport, IA 52803

Davenport Iowa Real Estate For Sale! This Includes 2 Buildings with 11 Units that Tenants pay Electric & Gas in 509 & Electric in 515. $9,650 /Month Rent for all Units! Great Investment Opportunity, 2 Additional Properties on E. 6th Street & 5 Additional Properties on E. 7th Street For Sale! 509 Ripley: Unit 1 - 1/1 $1,000, Units 2-4 - 2/1 $1,200, Year leases. 515 Ripley: 6 Units - 1/1 $750, & 1

Lucky Lang II Mel Foster Co. Davenport

515 N Ripley St, Davenport, IA 52803
/14
$485,000
- 5 Beds
- 8,894 Sq Ft
1605 N Harrison St, Davenport, IA 52803

Davenport Iowa Real Estate For Sale! This Includes 2 Buildings with 5 Residential Units, 2 Commercial Units & Commercial/Residential Area that isn't finished! Only $54 / Square Foot!! $6,750 /Month Rent for all Units! Great Investment Opportunity, 1601 N Harrison Street Also Street For Sale! Parking Lot behind Building Could be Included w/Sale! Unit 1 - 1/1 $750, Unit 2 - studio $600, unit 3

Lucky Lang II Mel Foster Co. Davenport

1605 N Harrison St, Davenport, IA 52803
/8
$430,000
- 7 Beds
- 5,368 Sq Ft
212 E 6th St, Davenport, IA 52803

Davenport Iowa Real Estate For Sale! This Large 9 Unit Building has Tenants that pay Electric & Water. $5,890 /Month Rent for all Units! Great Investment Opportunity, 1 Additional Property on Same Block & 5 Additional Properties on E. 7th Street For Sale! Only $80 per Square Feet!! Unit 1 - 1/1 $650, Unit 2 - 2/1 $750, Unit 3 - 2/1 $750, Unit 4 - Studio $590, Unit 5 - 2/1 $750, Unit - 6 1/1

Lucky Lang II Mel Foster Co. Davenport

212 E 6th St, Davenport, IA 52803
/25
$239,900
- Studio
- 2 Baths
- 1,568 Sq Ft
3800 Urbandale Ave, Des Moines, IA 50310

Investment Opportunity! This duplex has an active rental certificate. The one bedroom unit is occupied. The two bedroom unit is vacant and has a fresh coat of paint and all cleaned up ready for the next occupant. Each unit has a kitchen which includes a stove, refrigerator and dishwasher, full bath, and its own laundry area. The vacant unit has a finished basement that includes a bedroom

Marlene Thatcher Keller Williams Realty GDM

3800 Urbandale Ave, Des Moines, IA 50310
/20
$199,900
- 5 Beds
- 2 Baths
- 1,190 Sq Ft
526 W 8th St, Cedar Falls, IA 50613

Check out this duplex right in the heart of Cedar Falls! Both units are currently rented, making it a great investment opportunity. Whether you’re thinking short-term rental, long-term rental, or even living in one side while renting out the other, this place gives you plenty of options.

Bethany Benner Oakridge Real Estate

526 W 8th St, Cedar Falls, IA 50613
/38
$207,000
- 2,496 Sq Ft
667 W Locust St, Dubuque, IA 52001

667–669 W Locust St | Updated Duplex – Vacant & Move-In Ready. Fully vacant duplex with fresh updates and excellent income potential! Upstairs (669): 4 bedrooms, 1 bath — projected rent $1,250/month. Downstairs (667): 3 bedrooms, 1.5 baths — projected rent $1,100/month. Both units have been renovated in the past few years with new flooring, fresh paint, modern kitchens, and updated bathrooms. The

Marcus Anderson EXIT Unlimited

667 W Locust St, Dubuque, IA 52001
/12
$104,900
- Studio
- 2 Baths
- 2,128 Sq Ft
603 E Euclid Ave, Des Moines, IA 50313

POTENTIAL UP-DOWN DUPLEX – Listed as a “conversion” on the assessor, this property is brimming with potential at a price point that makes sense. Bring your hard hat and imagination—this one’s ready for a fresh start and offers plenty of upside for investors or handy buyers. With great bones and endless possibilities, it’s the kind of project that could really pay off once given the love it

Mitch Coluzzi Real Broker, LLC

603 E Euclid Ave, Des Moines, IA 50313
/9
$390,000
- 1,994 Sq Ft
1011 Hudson Ave, Iowa City, IA 52246

Welcome to this charming 4-unit investment property in Iowa City! Just off HWY 1, minutes from U of I Hospitals, campus, and the interstate. Each unit offers 1 bed/1 bath with hardwood floors, granite countertops, and basement access. Walking distance to groceries, restaurants, and shopping—perfect for strong rental demand.

Jeffrey Hagel Jeffrey Hagel

1011 Hudson Ave, Iowa City, IA 52246
/31
$399,900
- 2 Beds
- 2 Baths
- 2,250 Sq Ft
330 N 6th St, Oskaloosa, IA 52577

One-of-a-kind home blends timeless character with modern luxury. Originally part of a historic church, this residence showcases soaring vaulted ceilings, expansive windows, and an open floor plan filled with natural light. Step inside to find a welcoming entry with built-in storage and a spacious living area highlighted by a stunning gas fireplace with 48x48 tile that reaches the ceiling. The

Ruthi Rogers Legacy Real Estate Group

330 N 6th St, Oskaloosa, IA 52577
/6
$270,000
- 4 Beds
- 4,491 Sq Ft
710 W 3rd St, Davenport, IA 52802

Own a bit of downtown Davenport! This large all brick 4-plex is cash flowing well and will make an excellent addition to your portfolio - or - a great start to investing as it is almost fully remodeled with new roof and 85% interior! 2 Units are on Air BnB, one unit is long term tenant and the other unit is just in need of the kitchen remodel completed. Bonus space in the attic previously rented

Nicole Moran Prestige Realty QC

710 W 3rd St, Davenport, IA 52802
/35
$280,000
- Studio
- 3 Baths
- 1,512 Sq Ft
5802 SW 12th St, Des Moines, IA 50315

Welcome to this all-brick ranch duplex! With a full-brick exterior that means low-maintenance living, this property is a true find. One side offers 3 bedrooms, 2 bathrooms, and a finished basement, while the other features 2 bedrooms and 1 bathroom-giving you tons of flexibility. Even better-this home has seen great updates, including updated electrical and a finished basement, making it move-in

Jordon Vivanh RE/MAX Concepts

5802 SW 12th St, Des Moines, IA 50315
/26
$275,000
- 6 Beds
- 4,817 Sq Ft
11 Oak Ln, Davenport, IA 52803

Great investment opportunity! This fully rented 4 unit conversion offers updated units with 1 new tenant, and 3 long-term tenants - 2 of which are currently month-to-month. It was previously listed as a 5 unit property, but unit 5 (walk up attic) is not habitable, and the county reassessed and lowered the taxable amount by almost $40K for 2025! Attic unit has a fire escape and potential to be

Allison Langan Ruhl&Ruhl REALTORS Davenport

11 Oak Ln, Davenport, IA 52803
/11
$650,000
- Studio
- 8 Baths
- 826 Sq Ft
1121 1127 Parkway Dr, Boone, IA 50036

Exceptional investment opportunity in Boone! This well-maintained 8-unit multifamily property at 1121 & 1127 Parkway Drive offers a strong rental history and desirable location. Each building features spacious apartments with functional layouts, garage, parking, and tenant-friendly amenities. Situated in a quiet residential neighborhood with convenient access to schools, shopping, and major

Marija Balac Realty ONE Group Impact

1121 1127 Parkway Dr, Boone, IA 50036
/50
$200,000
- 5 Beds
- 4 Baths
- 3,199 Sq Ft
325 E Main St, Washington, IA 52353

Fully rented triplex close to downtown featuring a new roof (2021), two furnaces (2019), and freshly repainted exterior. The upstairs 3-bedroom unit renting for $1,050 has been updated with a new kitchen, LVP flooring throughout, and in-unit laundry. The two main-level units rent for $775, and $625.

Mike Pilarczyk Keller Williams Legacy Group

325 E Main St, Washington, IA 52353
/19
$125,000
- 4 Beds
- 1,210 Sq Ft
633 7th Ave S, Clinton, IA 52732

Well maintained duplex with a newer roof replaced in 2022/2023. Great investment opportunity or option for owner-occupant with rental income potential!

Daniel Lind Lind Realty

633 7th Ave S, Clinton, IA 52732
/27
$250,000
- Studio
- 1 Bath
- 845 Sq Ft
100 N 8th St Unit 100 & 102, Guthrie Center, IA 50115

Great investment opportunity in Guthrie Center! This well-maintained duplex, built in 1988, offers two spacious 2-bedroom, 1-bath units, each featuring a kitchen, first-floor living, private back patio, and an attached 336 SF garage. The sale also includes a 400 SF detached garage currently rented with Unit 102, providing additional value and income potential. The property sits on two lots

Chris Wearmouth Kiloterra

100 N 8th St Unit 100 & 102, Guthrie Center, IA 50115
/20
$259,900
- Studio
- 2 Baths
- 1,856 Sq Ft
1064 27th St, Des Moines, IA 50311

Exciting investment opportunity in the heart of the Drake area! This well-cared-for up-down duplex at 1064 27th offers versatile layouts and great rental potential. The main floor unit features 2 bedrooms, 1 bath, central AC, spacious living areas, and beautiful wood floors. The upper unit includes 2 bedrooms plus a 3rd bedroom/office area, 1 bath, and window unit cooling—perfect for flexible use

Ryan Rohlf Keller Williams Legacy Group

1064 27th St, Des Moines, IA 50311
/23
$205,000
- Studio
- 2 Baths
- 1,801 Sq Ft
620 37th St, Des Moines, IA 50312

Discover this updated duplex in a highly sought-after location just off Ingersoll Avenue. Unit 1 occupies the main level with basement access, while Unit 2 is located upstairs (no basement access). Each unit offers 1 bedroom and 1 bathroom, with fresh interior paint completed approximately 1.5 years ago. Unit 1 features new flooring throughout, adding to the move-in ready appeal. Major updates

Gabby Fisher Keller Williams Realty GDM

620 37th St, Des Moines, IA 50312
/17
$99,900
- 5 Beds
- 2,492 Sq Ft
2102 2nd Ave N, Fort Dodge, IA 50501

Excellent opportunity to own a well-located triplex just steps from local schools, shopping, and other amenities. Each unit is separately metered, making utility management simple. One unit is currently rented to a reliable tenant, providing immediate income. The middle unit requires only minor work before it's rent-ready, offering quick potential to increase cash flow. The property features

Nicholas Taylor Legacy Realty Group, LLC

2102 2nd Ave N, Fort Dodge, IA 50501
/23
$380,000
- 11 Beds
- 7 Baths
- 4,350 Sq Ft
401 Central Ave SW, Le Mars, IA 51031

Rare opportunity in the heart of Le Mars! This remodeled 3-story property offers three spacious apartments plus a unique detached home with an attached garage. Converted to apartments with extensive updates, it features modern kitchens, open layouts, stylish baths, in-unit laundry, and a new roof in 2025. The main floor has 3 bedrooms, 2 baths, and a front porch overlooking Central Ave. The

Daniel Nguyen United Real Estate Solutions

401 Central Ave SW, Le Mars, IA 51031
/34
$425,000
- 6 Beds
- 5,200 Sq Ft
3234 Heatherton Unit 6, Davenport, IL 52804

6-unit apartment complex with recently updated interiors to include tiled bathrooms & kitchens, plus full-sized appliances including dishwashers & microwaves. Other features include updated common area, off-street parking, secured entry, personal storage spaces, on site coin-laundry (maintained by Century Laundry), and the parking lot was replaced in 2021. ****Unit #5-2 Bedroom, 1 Bathroom,

Kathy Meyer Ruhl&Ruhl REALTORS Moline

3234 Heatherton Unit 6, Davenport, IL 52804
/6
$200,000
- 2,921 Sq Ft
460 Loras Blvd, Dubuque, IA 52001

All brick duplex with good rental history! This 3 story building has a 2 bedroom unit on the first floor and a 4 bedroom unit on the second and third floors. Has forced air heat and central air. All utilities are separate and paid by tenants. Building has newer interior & exterior paint, newer flooring, a newer hot water heater, and many newer windows, newer exterior and interior doors, and a

Karl Dolter Equity Real Estate Group LLC

460 Loras Blvd, Dubuque, IA 52001
/17
$300,000
- 6 Beds
- 2,088 Sq Ft
5310 N Division St, Davenport, IA 52806

Check out this remodeled duplex on N. Division! Renovations were completed recently, and the tenants arrived in January 2025, paying $1300 and $1350 respectively. Tenants pay ALL utilities. Each unit has 3 bedrooms, 1.5 bathrooms, a rear deck, private laundry, and off-street parking. 24-hour notice required. Schedule your showing now!

Chris McDanel eXp Realty

5310 N Division St, Davenport, IA 52806
/27
$3,295,000
- Studio
- 43 Baths
- 13,090 Sq Ft
3500 Grand Ave, Ames, IA 50010

Incredible investment opportunity in Ames, Iowa, a thriving college town with strong rental demand and easy accessibility to the Iowa State University campus. This property includes 43 total units across two well-maintained buildings, offering a desirable mix of 22 two-bedroom units and 21 one-bedroom units. Each unit features a full bath along with a refrigerator, stove, and dishwasher.

Ethan Hokel Century 21 Signature

3500 Grand Ave, Ames, IA 50010
/4
$648,000
- Studio
- 9 Baths
1113 21st Street None, Des Moines, IA 50311

4) 2BR/1BA Units5) 1BR/1BA Units100% OccupiedAVG In place rents - $6942BR/1BA Market Rent - $8551BR/1BA Market Rent - $785Opportunity for investors to implement RUBS and increase rental income day 1.

Ross Quintero Stanbrough Realty Company

1113 21st Street None, Des Moines, IA 50311
/5
$864,000
- Studio
- 12 Baths
1411 22nd Street None, Des Moines, IA 50311

12) 2BR/1BA UnitsNew Roof (2021)All Windows have been replacedBoiler and Water Heater (2018/2020)LVP in Common Areas and 85% of all units.AVG In Place Rents - $754Market Rents - $850 + RUBSOpportunity for investors to Implement RUBS and increase rental income day 1.

Ross Quintero Stanbrough Realty Company

1411 22nd Street None, Des Moines, IA 50311
/5
$216,000
- Studio
- 3 Baths
1337 24th St None, Des Moines, IA 50311

Fully Occupied Tri-Plex Opportunity. No owner utilities. Fully occupied on MTM leases with upside in raising rents. Located just 2 blocks from Drake University

Ross Quintero Stanbrough Realty Company

1337 24th St None, Des Moines, IA 50311
/4
$864,000
- Studio
- 12 Baths
1340 23rd Street None, Des Moines, IA 50311

12) 2BR/1BA UnitsLVP in Common Areas and 85% of units.New Boiler (2020)New Roof (2021)Water heater replaced (2023)AVG in place rents - $762.50Market Rent - $850 + RUBSOpportunity to implement RUBS and increase rental income day 1.

Ross Quintero Stanbrough Realty Company

1340 23rd Street None, Des Moines, IA 50311
/4
$576,000
- Studio
- 8 Baths
1332 23rd Street None, Des Moines, IA 50311

8) 2BR/1BA UnitsAVG In Place Rents - $768Market Rent - $850 + RUBSLVP in common areas and units.New Water Heater (2023)New Roof (2021)Vinyl Windows across all units.Opportunity to implement RUBS and increase rental income day 1.

Ross Quintero Stanbrough Realty Company

1332 23rd Street None, Des Moines, IA 50311
/9
$725,000
- Studio
- 11 Baths
1710 Oakland None, Des Moines, IA 50314

In Place Cap Rate - 9.35%Rental Assistance CoC - 13.10%Market Rents Cap Rate - 8.42%Market Rents CoC - 9.35%High Efficiency Boiler (2024)Water Heaters (2022)Updated Plumbing9) 2BR/1BA Units2) 1BR/1BA Units90% of units feature LVP and fresh paint.

Ross Quintero Stanbrough Realty Company

1710 Oakland None, Des Moines, IA 50314
/28
$345,000
- 7 Beds
- 3 Baths
- 926 Sq Ft
302 E Main St, Calmar, IA 52132

This well-maintained property features three separate units, with all major updates completed in the last 5–6 years. Solar panels on the roof help reduce utility costs, and a shed is included for additional storage. Unit 1: 3-bedroom, 1-bathroom, two-story home portion Unit 2: 2-bedroom, 1-bathroom, main level (rear of home) Unit 3: 2-bedroom, 1-bathroom, upper level (rear of home) Fully

Jayme Folkedahl Kelly Real Estate Inc

302 E Main St, Calmar, IA 52132
/15
$219,000
- Studio
- 2 Baths
- 1,064 Sq Ft
265 & 275 Burlington Ave, Martensdale, IA 50160

Up/Down Brick Duplex located next to school. The upper unit has 3 bed 1 bath and includes 1 car detached garage. Lower level is 2 bed 1 bath. Both unit have laundry area and separate entrances and driveways. Each unit pays all their own utilities. Tenant are both month to month.

Cathy Hommer Iowa Realty Indianola

265 & 275 Burlington Ave, Martensdale, IA 50160
/15
$825,000
- 852 Sq Ft
3902 Ontario St, Ames, IA 50014

Great investment opportunity. These 2 parcels include 2 duplexes (3902/3906 Ontario and 3910/3912 Ontario) and a single family home (3908 Ontario) all being sold together for $825,000. See MLS # 68297 for information on the single family home.

Chuck Winkleblack Hunziker & Assoc.-Ames

3902 Ontario St, Ames, IA 50014
/35
$200,000
- Studio
- 4 Baths
- 3,264 Sq Ft
1604 16th St, Des Moines, IA 50314

Income-Producing 4-Unit Multi-Family in Des Moines! Ideally located just minutes from downtown Des Moines and steps from public transportation, this clean, well-maintained four-plex is a turnkey investment. The building offers two two-bedroom, one-bath units and two three-bedroom, one-bath units , all with a current rental certificate—an excellent opportunity for investors or live-in

Angela Ousley Zealty Home Advisors

1604 16th St, Des Moines, IA 50314
/70
$79,900
- 2,020 Sq Ft
301 N Central Ave, Burlington, IA 52601

Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Cash preferred but will consider financed all offers.

Jeffrey Hagel Jeff Hagel Real Estate

301 N Central Ave, Burlington, IA 52601

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