Iowa Multifamily Homes & Duplexes for Sale

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  /4

  $864,000

  • Studio
  • 12 Baths

  1359 24th St None, Des Moines, IA 50311

  12) 2BR/1BA UnitsLVP in Common Areas and 100% of units.AVG in Place Rents - $758Market Rents - $825 + RUBSNew Roof (2021)Vinyl Windows

  Ross Quintero Stanbrough Realty Company

  1359 24th St None, Des Moines, IA 50311
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  /39

  $165,000

  • 1,980 Sq Ft

  122 S Main St, Fairfield, IA 52556

  Own this triplex right off the square and be on the pulse of downtown Fairfield action! This money-making, seldom vacant triplex can bring in $2000 a month fully rented. Live in the spacious 2 bedroom main level apartment and open your business in this property located ideally for retail or any business! Your office greats maximum exposure here! Separately metered electric but water and heat are

  Lisa Moseley Fairfield Real Estate

  122 S Main St, Fairfield, IA 52556
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  /2

  $325,000

  • 5 Beds
  • 4 Baths
  • 2,832 Sq Ft

  2403-5 Silver St, Sioux City, IA 51103

  Spacious 2012-built side by side Duplex on 0.34-acre lot. Features 5 beds, 4 baths, attached garage, durable frame-on-slab construction, and mixed tile/carpet flooring. Located on a quiet cul-de-sac in Sioux City’s Northwest Side, close to schools and shopping. Reliable rental layout with flexible use potential. 2403 is a 3 bed, 2 bath, 2 stall garage unit. 2405 is an open layout 2 bed, 2 bath, 2

  Stephanie Dattolico Gateway Real Estate Advisors

  2403-5 Silver St, Sioux City, IA 51103
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  /5

  $356,000

  • 6 Beds
  • 6 Baths
  • 3,195 Sq Ft

  1601-3 S Irene St, Sioux City, IA 51106

  1601-03 S. Irene Street presents a strong opportunity to acquire a newer construction multi-family property with dependable income potential. This side by side duplex offers over 3100 square feet of total living space. The layout includes 3 bedrooms and 3 bathrooms in each unit, providing a balanced unit mix that is attractive to a wide range of renters. Each side of the property features

  Stephanie Dattolico Gateway Real Estate Advisors

  1601-3 S Irene St, Sioux City, IA 51106
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  /18

  $239,900

  • Studio
  • 2 Baths
  • 1,408 Sq Ft

  930 Emma Ave, Des Moines, IA 50315

  This solid duplex is the perfect opportunity for both investors and house hackers. One side is freshly updated with new paint, carpet, and countertops, ready for immediate occupancy. The other side has been home to the same tenant since 1994, providing stable income at $855 mo through Oct 2027.Each unit features:Spacious living areas with 2 bedrooms and 1 full bathFull

  Cy Phillips Space Simply

  930 Emma Ave, Des Moines, IA 50315
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  /27

  $299,000

  • 6 Beds
  • 3 Baths
  • 1,558 Sq Ft

  1110 N Ave, Milford, IA 51351

  Rare Opportunity in the Heart of Milford, Iowa! Own an entire duplex just steps from everything Milford has to offer. South side features 3 bedrooms (1 non conforming), 2 bathrooms, and a full basement, providing over 1,500 sq. ft. per unit. The North side features 3 bedrooms (1 non conforming), 1 bathrooms, and a full basement, providing over 1,500 sq. ft. per unit. The property also includes a

  Michael Jensen Jensen Real Estate

  1110 N Ave, Milford, IA 51351
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  /33

  $139,000

  • 1,829 Sq Ft

  805 W Depot Ave, Fairfield, IA 52556

  This charming triplex holds three lovely units. The front apartment features hardwood floors, open layout, large windows, covered porch and one bedroom with en suite full bath. The back apartment features a very stylish layout with high ceilings and one vaulted lofted bedroom. Hardwood floors in living room area and full bath. The lower level apartment features a spacious open layout, egress

  Michaela Mclain Village Realty

  805 W Depot Ave, Fairfield, IA 52556
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  /9

  $89,000

  • 2,312 Sq Ft

  104 E Main St, Floris, IA 52560

  (2) 1 bedroom 1 bath units with a gross income of $1400 a month with longterm tenants. Landlord pays water, electric and sewer. Additional 16 x 24 garage area in the back is currently used by the owner. This property is agent owned

  Lincoln Lynch Lynch Realty Inc

  104 E Main St, Floris, IA 52560
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  /24

  $72,900

  • 5 Beds
  • 1,701 Sq Ft

  2014 Claussen St, Davenport, IA 52802

  Attention Investors! Here's the next duplex to add to your portfolio! Sold as is where is. Seller will not make any repairs. Any inspections would be for buyers' knowledge only. This up and down duplex is just waiting for someone to bring it back to life. Bones are in great shape, floors have minimal to no settling, roof is newer, all utilities are on separate meters and units a very spacious. 2

  Darrell Lenninger RE/MAX Concepts Bettendorf

  

  2014 Claussen St, Davenport, IA 52802
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  /11

  $110,000

  • 3 Beds
  • 1,821 Sq Ft

  721 Iowa St, Davenport, IA 52803

  This duplex is a turn-key investment ready for new ownership. Located in a prime location near Palmer Chiropractic College and in walking distance to Downtown Davenport, this property offers great income potential. Each unit has separate meters and covered parking. Appliances included. Sold AS-IS WHERE-IS. Don't miss this opportunity!

  Veronica Tremaine BUY SELL BUILD QC - Real Broker, LLC

  

  721 Iowa St, Davenport, IA 52803
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  /16

  $199,900

  • Studio
  • 2 Baths
  • 1,433 Sq Ft

  2309 37th St, Des Moines, IA 50310

  Discover a prime investment opportunity with this well-maintained two-unit duplex. Each unit features 1 spacious bedroom and a full bath, offering comfortable living for tenants. Ideal for investors seeking consistent rental income, this property is located in a highly desirable area with convenient access to shopping, parks, and top-rated schools. Whether you’re looking to expand

  Jody Henkenius BHHS First Realty Westown

  2309 37th St, Des Moines, IA 50310
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  /35

  $215,000

  • 6 Beds
  • 3 Baths
  • 2,524 Sq Ft

  203 E Ash St, Winfield, IA 52659

  Step into the charm of the early 1900s with this spacious 2,000+ sq ft property on over a quarter of an acre. Currently configured as a triplex—with a 2 bed/1 bath unit, a 3 bed/1 bath unit, and a studio apartment, each with their own kitchen and laundry—it could easily be converted back into a stunning 4-bedroom, 2-bath single-family home by simply opening a few doors. Original wood floors and

  Gwen Johnson Skogman Realty Co.

  

  203 E Ash St, Winfield, IA 52659
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  /13

  $110,000

  • 3 Beds
  • 1,564 Sq Ft

  1514 N Marquette St, Davenport, IA 52804

  Ready to start your real estate investment portfolio or add another property? Here is a great opportunity to own a duplex near St. Ambrose University! Now with new siding! The main level features 2 bedrooms and a bathroom with access to the unfinished basement. The upstairs unit is a 1 bed 1 bathroom with a spacious living area! Off street parking accessible through the alley. Come check out your

  Steven Sutton-Gordon Real Broker, LLC - Bettendorf

  

  1514 N Marquette St, Davenport, IA 52804
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  /18

  $185,000

  • Studio
  • 2 Baths
  • 2,544 Sq Ft

  1429 Martin Luther King jr Pkwy, Des Moines, IA 50314

  Discover the potential in this Des Moines multifamily property, Perfect for investors and flippers alike. This property features two units. A cozy-2-bedroom, 1-Bathroom unit complete with its own kitchen and living area. Ideal for singles, couples, or as a rental unit. Another spacious 3-bedroom, 1- bathroom unit, also equipped with a private kitchen and living area. Perfect for families or

  Amanda Welch RE/MAX Concepts

  1429 Martin Luther King jr Pkwy, Des Moines, IA 50314
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  /22

  $74,900

  • 2,916 Sq Ft

  210 S 10th St, Keokuk, IA 52632

  Don’t miss this great investment opportunity! This move-in ready duplex is just minutes from downtown and shopping. One unit offers 3 bedrooms and 1 bath, while the second unit features 4 and up to 7 bedrooms with 1.5 baths—plenty of space for tenants or extended family. Easy-to-maintain yard upkeep simple. A fantastic option for investors or owner-occupants! The empty lot across alley is also

  Donna Amandus Weichert Realtors-The Massimo Group

  210 S 10th St, Keokuk, IA 52632
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  /37

  $329,900

  • 8 Beds
  • 3 Baths
  • 3,502 Sq Ft

  710 Kirkwood Ave, Iowa City, IA 52240

  2 Houses on One Lot! Larger house is currently a up/down duplex with but could easily be changed back into 6 bedrooms home! Upper unit has 4 bedrooms, 1 bath, kitchen and dining area. Lower level unit has 2 bedrooms and 1 bath, kitchen and hardwood floors throughout. 2,422 square feet w/shared washer and dryer included. Blue Cottage house, 1,080 square feet, includes spacious living room, 2

  Tracy Adams Edge Realty Group

  

  710 Kirkwood Ave, Iowa City, IA 52240
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  /17

  $249,000

  • 6,220 Sq Ft

  1255 - 1257 Locust St, Dubuque, IA 52001

  A rare investment and multi-unit housing redevelopment opportunity in the heart of downtown Dubuque. Situated on 0.21 acres, this historic brick masonry building—originally constructed in 1876—offers enduring character, architectural charm, and untapped potential. Currently vacant and ready for transformation, the structure can be reimagined. Rear parking provides valuable on-site convenience,

  Nancy Kann DBQ Property Group Inc.

  1255 - 1257 Locust St, Dubuque, IA 52001
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  /2

  $39,900

  • 2,114 Sq Ft

  420 Maple St, Burlington, IA 52601

  Investment opportunity! This classic up/down duplex offers two spacious units, each with approximately 1,000 square feet, 2 bedrooms, and 1 full bath. Gas and electric are separately metered, making it ideal for owner-occupants or investors. While the property could benefit from some updating, major improvements have already been made with the roof and furnaces within 10 years old. With solid

  Jon Salvador Century 21/Property Profession

  420 Maple St, Burlington, IA 52601
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  /28

  $185,000

  • 2,130 Sq Ft

  139 32nd St NE, Cedar Rapids, IA 52402

  Great Investment Duplex in Cedar Rapids. Fully rented up and down duplex. Lower unit is 2 Bed, 2 Bath and rented through July 2026 for $1000 per month. Upper unit is rented through July 2026 for $850. Tenant pays electric, Landlord pays Gas/Water/Sewer/Trash. 24 hours notice for showings.

  Bryant Nicholson Affinity Real Estate Services

  139 32nd St NE, Cedar Rapids, IA 52402
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  /28

  $330,000

  • Studio
  • 4 Baths
  • 1,787 Sq Ft

  1233 72nd St, Windsor Heights, IA 50324

  This spacious duplex offers great flexibility for living or investment. Located in the WDM school district with quick access to shopping, dining, and major commuter routes, the property has a strong rental history with low vacancy. The main-level unit features 3 bedrooms and 2 full bathrooms, with a bright and open layout that’s perfect for both everyday living. A comfortable living room flows

  Chris Betts RE/MAX Real Estate Center

  1233 72nd St, Windsor Heights, IA 50324
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  /2

  $135,000

  • Studio
  • 1,949 Sq Ft

  1420 10th St, Des Moines, IA 50314

  This cash-flowing 3-unit property features flexible month-to-month tenants and currently generates $1,875 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

  Jeff Downing LPT Realty, LLC

  1420 10th St, Des Moines, IA 50314
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  /5

  $260,000

  • Studio
  • 2,491 Sq Ft

  1514 Harrison Ave, Des Moines, IA 50314

  This cash-flowing 3-unit property features flexible month-to-month tenants and currently generates $2,300 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

  Jeff Downing LPT Realty, LLC

  1514 Harrison Ave, Des Moines, IA 50314
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  /5

  $265,000

  • Studio
  • 2,851 Sq Ft

  3900 11th St, Des Moines, IA 50313

  This cash-flowing 3-unit property features flexible month-to-month tenants and currently generates $2,350 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

  Jeff Downing LPT Realty, LLC

  3900 11th St, Des Moines, IA 50313
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  /8

  $300,000

  • Studio
  • 2,738 Sq Ft

  1071 22nd St, Des Moines, IA 50311

  This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $2,900 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

  Jeff Downing LPT Realty, LLC

  1071 22nd St, Des Moines, IA 50311
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  /6

  $300,000

  • Studio
  • 3,132 Sq Ft

  2130 Drake Park Ave, Des Moines, IA 50311

  This cash-flowing 5-unit property features flexible month-to-month tenants and currently generates $3,525 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

  Jeff Downing LPT Realty, LLC

  2130 Drake Park Ave, Des Moines, IA 50311
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  /7

  $300,000

  • Studio
  • 3,812 Sq Ft

  1079 22nd St, Des Moines, IA 50311

  This cash-flowing 6-unit property features flexible month-to-month tenants and currently generates $4,185 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

  Jeff Downing LPT Realty, LLC

  1079 22nd St, Des Moines, IA 50311
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  /8

  $300,000

  • Studio
  • 4,244 Sq Ft

  1083 22nd St, Des Moines, IA 50311

  This cash-flowing 6-unit property features flexible month-to-month tenants and currently generates $5,100 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

  Jeff Downing LPT Realty, LLC

  1083 22nd St, Des Moines, IA 50311
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  /7

  $275,000

  • Studio
  • 2,914 Sq Ft

  1908 7th St, Des Moines, IA 50314

  This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $2,900 per month in rents, with room for future increases. Contact an agent today for more details

  Jeff Downing LPT Realty, LLC

  1908 7th St, Des Moines, IA 50314
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  /3

  $499,900

  • Studio
  • 6 Baths
  • 4,269 Sq Ft

  686 19th St, Des Moines, IA 50314

  Discover this historic 6-plex in the heart of Des Moines’ sought-after Sherman Hill neighborhood. Built in 1913, this NX2A-zoned multifamily property blends classic charm with modern updates. Currently 100% occupied, it offers both immediate cash flow and strong long-term upside. Each of the six units features comfortable layouts and updated amenities, designed to meet the expectations of today’s

  Joe Hand Keller Williams Realty GDM

  686 19th St, Des Moines, IA 50314
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  /2

  $295,000

  • 6 Beds
  • 4 Baths
  • 1,536 Sq Ft

  2102 10th Street Place, Coralville, IA 52241

  Fully rented duplex property in Coralville. Both leases run through 7/24/26. Some defferred maintnenace but an opportunity for a potential investor to purchase at a price to cash flow and make those repairs. Tenants rights, minimum 24-hour notice to show.

  Mike Bails Urban Acres Real Estate Corridor

  

  2102 10th Street Place, Coralville, IA 52241
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  /26

  $1,160,000

  • Studio
  • 2.5 Baths
  • 4,935 Sq Ft

  1330, 1336, 1342, 13 E 28th St, Norwalk, IA 50211

  This newly constructed 4-plex offers an excellent investment opportunity with three well-designed, 1,645 SF units. Each 2-story unit includes 3 bedrooms, 2.5 baths, and an attached 2-car garage. The main floor features an open layout with Quartz countertops, tile backsplash, island, corner pantry, stainless steel appliances, and luxury vinyl plank flooring. Upstairs, enjoy a spacious primary

  Kalen Ludwig Peoples Company

  1330, 1336, 1342, 13 E 28th St, Norwalk, IA 50211
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  /13

  $1,415,000

  • 18,092 Sq Ft

  725 Spring St, Grinnell, IA 50112

  Excellent investment opportunity in Grinnell, Iowa—this portfolio of 12 rental homes offers consistent rental income, strong occupancy, and solid growth potential. Located in established neighborhoods near schools, parks, and downtown, these properties are ideal for investors looking to expand or start a rental portfolio. The following Poweshiek County Parcels are included in the sale: 0725000;

  Bennett Wiltfang RE/MAX Partners Realty, Grinnell

  725 Spring St, Grinnell, IA 50112
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  /2

  $449,000

  • 4 Beds
  • 3,570 Sq Ft

  1004 College Ave, Davenport, IA 52803

  Two Charming Properties in Davenport’s Scenic East End, nestled in the desirable East End neighborhood of Davenport, these properties at 1004 College Ave and 1220 E 10th St offer a perfect blend of comfort and convenience. The buildings feature: Five 1-bedroom units (600 sq ft each) One spacious 3-bedroom unit (1,000 sq ft) Three cozy studio apartments (500 sq ft each) Set in a park-like

  Shannon Elliott BUY SELL BUILD QC - Real Broker, LLC

  

  1004 College Ave, Davenport, IA 52803
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  /25

  $275,000

  • 2 Beds
  • 1.5 Baths
  • 1,464 Sq Ft

  507 W 3rd St, Sanborn, IA 51248

  Experience easy living in this beautiful ranch home, designed for both comfort and functionality. The home features a spacious primary bedroom, second bedroom, laundry and one and a half bathrooms on the main level, providing ample space and privacy. The heart of the home is a well-appointed kitchen boasting ample storage, making meal prep and organization a delight. Outside, a beautiful deck

  Jeri Prins Elgersma Agency Inc

  507 W 3rd St, Sanborn, IA 51248
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  /11

  $69,900

  • 3,256 Sq Ft

  321 N C St, Oskaloosa, IA 52577

  Prime Investment Opportunity! Unlock multiple income streams with this 4-unit apartment building. Offering a total of 3,256 sq ft, the property features tall ceilings, a metal roof, and a front porch. A 680 sq ft detached garage provides additional storage or potential rental income. Whether you’re a seasoned investor or just starting your portfolio, this property is ready for you! The property

  Katlyn Jones Legacy Real Estate Group

  321 N C St, Oskaloosa, IA 52577
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  /20

  $134,900

  • 4 Beds
  • 1,792 Sq Ft

  1634 W 17th St, Davenport, IA 52804

  Great investment opportunity! This up-and-down duplex features two fully rented units, each with separate utilities. The property includes a shared two-car garage and ample off-street parking. It's perfect for investors seeking consistent cash flow. This duplex is a solid addition to any portfolio. Don’t miss out on this turn-key investment! 24 hour notice to show is required. Interior pictures

  Sarah Perez Currents and Keys Realty

  

  1634 W 17th St, Davenport, IA 52804
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  /24

  $205,000

  • Studio
  • 2 Baths
  • 2,112 Sq Ft

  402 W Ashland Ave, Indianola, IA 50125

  24-hour notice to show is required. A lockbox will by front door, one key for the upstairs and one for the main level. Entrance to the basement is from the door directly across the front door. Upstairs Tenant signed new lease in May 2025. Current lease is a 12 month lease, with a 1 month termination clause. Tenant parking is located in the alley behind the home. There is also street parking. New

  Kasey Kliegl RE/MAX Concepts

  402 W Ashland Ave, Indianola, IA 50125
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  /4

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,860 Sq Ft

  1103 Scott St, Ruthven, IA 51358

  Beautiful solid brick duplex in Ruthven! Each unit Offers 2 bedrooms 1 bath and your own laundry area. Baths, roof and mechanicals have all been updated in the past with little or no work to be done. If you're looking to start investing or want to ad to your portfolio don't let this gem slip away.

  Ben Sexton Sexton Real Estate

  1103 Scott St, Ruthven, IA 51358
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  /23

  $299,000

  • 5 Beds
  • 2 Baths
  • 1,195 Sq Ft

  504 Decorah Ave, Decorah, IA 52101

  504 Decorah Ave. is the ideal duplex for investors or owner-occupants alike, offering the opportunity for short-term or long-term rentals and/or owner occupied living! This duplex has a main level open floorplan that offers flexibility and connectivity with access to the side entrance. The 3 bright bedrooms, full bath and main floor laundry provide all you need on just 1 level. The covered porch

  Tade Kerndt Viking Realtors

  504 Decorah Ave, Decorah, IA 52101
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  /3

  $49,900

  • 793 Sq Ft

  114 Allen St, Waterloo, IA 50701

  Great cash flow on this duplex! Fully occupied and ready to go! Downstairs unit is a 1 bedroom, and the back/upstairs is a 2 bedroom

  Lindsey Bierman Epique Realty

  114 Allen St, Waterloo, IA 50701

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