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Iowa Multifamily Homes & Duplexes for Sale

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  • /7

    $289,000

    • Studio
    • 15 Baths

    22980 141st Dr, Bouton, IA 50039

    Located at a prime highway intersection, this operating motel offers 15 rooms—9 single-bed, 6 double-bed, plus a manager's suite—spanning 9,858 SF. Priced at $289,000, it includes seven self-storage units, making it an attractive investment. Built in 1966, this one-story hospitality property features high-speed internet, public Wi-Fi, and smoke-free rooms on a 1.36-acre lot. Perfect for a buyer

    Chris Betts RE/MAX Real Estate Center

    22980 141st Dr, Bouton, IA 50039
  • /6

    $219,000

    • Studio
    • 2 Baths
    • 1,408 Sq Ft

    300 Kirkwood Ave, Des Moines, IA 50315

    Rare Opportunity to own a duplex and build equity! Upgrades in these ranch units are as follows. Unit #300 has newer LVP flooring for easy maintenance. The eat in kitchen holds NEW stove and NEW range hood and NEW sink fixtures and NEW garbage disposal. The bathroom has new sink, medicine cabinet and exhaust fan. Check out the NEW backyard fence gate and two new back windows. Unit #302 offers

    Pennie Carroll Pennie Carroll & Associates

    300 Kirkwood Ave, Des Moines, IA 50315
  • /9

    $215,000

    • 2,371 Sq Ft

    810 E Erie St, Missouri Valley, IA 51555

    3 unit apartment building. New roof and windows. AC unit new in 2023. Full remodel on top floor apt.(sub floor, flooring and bathroom). Coin washer/dryer that averages $125 a month. All units currently rented out with long term leases. Owner pays utilities. Tenants have off street parking. Call agent for monthly rents. Need 48 hour notice for showings.

    Rodney Foutch United Country Loess Hills Realty & Auction

    810 E Erie St, Missouri Valley, IA 51555
  • /22

    $99,900

    • 3 Beds
    • 1,634 Sq Ft

    504 6th Ave N, Clinton, IA 52732

    Duplex for sale in Clinton, Iowa – perfect for house-hackers or investors! Step inside this well-kept two-unit property just minutes from Downtown Clinton and the mighty Mississippi. The main-level 2 bed / 1 bath apartment welcomes you with a spacious living room that flows into a dining area and an eat-in kitchen (appliances stay!). Enjoy a fully fenced back yard, shady patio, and a 2-car

    Charlotte Courtney Mel Foster Co. Clinton

    504 6th Ave N, Clinton, IA 52732
  • /4

    $553,000

    • 6,384 Sq Ft

    304 Ringold St, Boone, IA 50036

    5 Plex built in 2000. 2 un its are 4 bedroom and 2 bath. 2 units are 3 bedroom and 2 baths. 1 unit is 2 bedroom and 1 bath. Excellent rental history. Fully occupied. Great condition. Each unit has a garage. 1 extra garage is rented $50/month. 4 larger units have a storage area too. Each unit includes washer and dryer area. 4 decks and common stairway.

    Brian Byriel Hunziker & Assoc.-Ames

    304 Ringold St, Boone, IA 50036
  • /16

    $499,900

    • 3,472 Sq Ft

    3669 Hillcrest Rd, Dubuque, IA 52002

    Investor alert! Check out this four plex in a great west end location that includes 4 garages. Building has three 2 bedroom units and a 1 bedroom unit, has baseboard heat and wall air. All tenants are month to month and have been there between 2-5 years. Rents are likely below market and could be increased for higher net income. The empty unit was just vacated. Well maintained building that

    Karl Dolter Equity Real Estate Group LLC

    3669 Hillcrest Rd, Dubuque, IA 52002
  • /22

    $178,900

    • 3,696 Sq Ft

    615 N Court St, Ottumwa, IA 52501

    Beautiful duplex in Ottumwa’s historic North Court District offering immediate cash flow and great ROI for investors, or an excellent opportunity for a homeowner to live in one side and rent the other to offset much of the monthly payment. One side features four bedrooms, very large rooms including a formal dining room, and ample space throughout. The other unit is a mirror-image layout that has

    Rhonda McKay Bridge City Realty

    615 N Court St, Ottumwa, IA 52501
  • /3

    $99,900

    • 2 Baths
    • 3,112 Sq Ft

    1628 2nd Ave N, Fort Dodge, IA 50501

    This spacious duplex offers two large units, each featuring 4 bedrooms and 1 bathroom. Both units enjoy private access to their own basement and walk-up attic, providing ample storage potential. Each unit also has its own section of the backyard, offering outdoor space for relaxation or entertaining. Whether you're looking for an investment property or a multi-generational living solution, this

    Keenan Schuur Coldwell Banker Associated Realtors

    1628 2nd Ave N, Fort Dodge, IA 50501
  • /38

    $599,900

    • 6 Beds
    • 5 Baths
    • 2,489 Sq Ft

    924 Elmridge Dr, Cedar Falls, IA 50613

    This duplex presents a unique opportunity! Custom built in 2006, this owner-occupied property offers comfortable living at 924 Elmridge Dr. with an income producing rental attached at 3814 Eastpark Rd. Use the smaller side for a rental or a multi-generational set-up. The entire property is "For Sale" as one purchase. Pulling into the driveway of 924 Elmridge Drive you will be "wowed" with the

    Bryn Mangrich Oakridge Real Estate

    924 Elmridge Dr, Cedar Falls, IA 50613
  • /24

    $159,995

    • 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
  • /16

    $134,900

    • 1,760 Sq Ft

    1252 White St, Dubuque, IA 52001

    Investor Alert! 1252 White St is a fully rented duplex offering immediate cash flow just a block away from Dubuque’s vibrant Millwork District. The upper unit features 2 bedrooms, 1 bath, deck, and has been recently updated with fresh paint, new light fixtures, new bathroom flooring, and a new stove/oven. The lower unit is a 1 bed, 1 bath with solid rental history. Value-add potential remains,

    Jared Levy EXIT Unlimited

    1252 White St, Dubuque, IA 52001
  • /4

    $217,500

    • 4 Beds
    • 2,372 Sq Ft

    430 E 7th St, Davenport, IA 52803

    Davenport Iowa Real Estate For Sale! This Brick 4-Plex has Four 1 Bedroom Units that Tenants pay Electric. Gas, & Water. $2,750 / Month Rent for all Units! Only $91 per Square Feet!! Great Investment Opportunity, 4 Additional Properties on Same Block For Sale! There are 2 Lots to the West of this Property that Could be Included in Sale for Additional $20,000 Total or $7,500 for the Single (150 x

    Lucky Lang II Mel Foster Co. Davenport

    430 E 7th St, Davenport, IA 52803
  • /2

    $98,000

    • 3 Beds
    • 1,842 Sq Ft

    415 E 7th St, Davenport, IA 52803

    Davenport Iowa Real Estate For Sale! This 2 Story Duplex has a 2 Bedroom Unit & 1 Bedroom Unit that Tenants pay Water, Electric & Gas. Great Investment Opportunity, 4 Additional Properties on Same Block For Sale! $1,650 / Month Rent Income! Only $53 per Square Feet!!

    Lucky Lang II Mel Foster Co. Davenport

    415 E 7th St, Davenport, IA 52803
  • /20

    $510,000

    608 N Main St, Wall Lake, IA 51466

    Here's your chance to own two individual duplexes-a total of four rental units-in the growing and desirable community of Wall Lake, Iowa. Each of the four units features 2 spacious bedrooms, 1 full bath, open concept kitchen & living room, Main-level laundry, attached 2 car garage, & private deck. These well-designed units offer modern, comfortable living and excellent rental potential. Both

    Elliott Bengford Green Real Estate & Auction Co.

    608 N Main St, Wall Lake, IA 51466
  • /22

    $310,000

    • 4 Beds
    • 2 Baths
    • 2,300 Sq Ft

    241 4th St NW, Hartley, IA 51346

    Welcome to this beautifully updated split foyer tucked away in a peaceful cul-de-sac right in town! This home offers 4 bedrooms, 2 bathrooms, and high-end finishes throughout its 2,300 sq ft of comfortable living space. Step out onto the spacious side deck, perfect for morning coffee or evening entertaining, and enjoy the large backyard with plenty of room to relax, play, or garden. The

    Stacey Zimmer J & K Real Estate

    241 4th St NW, Hartley, IA 51346
  • /8

    $34,900

    • 2,082 Sq Ft

    1126 Franklin St, Burlington, IA 52601

    Large DUPLEX for rehab in a perfect neighborhood !

    Kurt Clements ListwithFreedom.com

    1126 Franklin St, Burlington, IA 52601
  • /17

    $329,000

    • 4,056 Sq Ft

    205 Collins St, Batavia, IA 52533

    Seasoned investors or wanting to get into the game this property fits the mold of passive income! Constructed in 2017 this 4 unit offers all 2 bedroom 1 bath apartments with ground entry and a open layout. Each apartment has individual HVAC systems and laundry. Rents are currently at $800 a month per unit.

    Lincoln Lynch Lynch Realty Inc

    205 Collins St, Batavia, IA 52533
  • /6

    $220,000

    • 2 Beds
    • 2 Baths
    • 696 Sq Ft

    721 Olive St, Cedar Falls, IA 50613

    Fully rented multi-unit property in a prime Cedar Falls location — just minutes from the college campus and vibrant downtown living. This well-maintained duplex features two 1 bed, 1 bath units. The upstairs unit is currently rented at $900/month, while the downstairs brings in $924/month. Strong rental history and excellent proximity to UNI make this a turnkey opportunity for steady cash flow!

    Nicolas Moran Realty ONE Group Movement

    721 Olive St, Cedar Falls, IA 50613
  • /23

    $174,900

    • Studio
    • 2 Baths
    • 1,524 Sq Ft

    601 N 1st St, Indianola, IA 50125

    Excellent investment opportunity near Simpson College and Indianola Square! This income-producing property features two fully rented units. The main-level unit offers 2 bedrooms, 1 bath, a large kitchen, spacious living room, and basement access. The second level unit includes 1 bedroom and 1 bath. Both units have in-unit laundry, providing added convenience for tenants. Oversized lot that

    Misty Darling BH&G Real Estate Innovations

    601 N 1st St, Indianola, IA 50125
  • /5

    $230,000

    • 1,080 Sq Ft

    603 Iowa St, Cedar Falls, IA 50613

    Investment Opportunity! Duplex in Prime Cedar Falls Location – Walk to Downtown! This property is currently under lease for $1,650 a month so there is room to raise rents in the future. The current renter recently resigned a year lease so no need to find new tenants right away! Don't miss this rare opportunity to own a duplex just steps from vibrant downtown Cedar Falls! This versatile

    Blake Keating AWRE - Commercial & Development

    603 Iowa St, Cedar Falls, IA 50613
  • /21

    $330,000

    • 5,000 Sq Ft

    271 Main St NW, New Albin, IA 52160

    Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living

    Bret Michelle Doll NextHome Prime Real Estate

    271 Main St NW, New Albin, IA 52160
  • /28

    $235,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    1121 10th St, Hawarden, IA 51023

    Beautiful, well maintained ranch style home features a spacious 18x31 shed, partially insulated and equipped with 220 wiring - perfect for projects! The open basement offers a blank canvas for your personal design. Enjoy the newer landscaping, complete with a sidewalk and fire pit for serene evenings. A great opportunity to make this home yours!

    Ivan Huenink Zomer Company

    1121 10th St, Hawarden, IA 51023
  • /5

    $355,000

    • Studio
    • 4 Baths
    • 2,492 Sq Ft

    1240 32nd St, Des Moines, IA 50311

    Great unit for sale right next to Drake. This 4-plex features 2, 2 bed/1 bath units and 2 1 bed/1 bath units. Tenants pay gas and electric, landlord pays water. Each unit has its own furnace. One unit has central A/C, the other 3 have window A/C. New water line and sewer line. Some units have new LVP, fresh paint and new toilets. All information obtained from seller and public records.

    Jonathan Musser RE/MAX Precision

    1240 32nd St, Des Moines, IA 50311
  • /25

    $148,000

    • 3 Beds
    • 1,238 Sq Ft

    1522 Brady St, Davenport, IA 52803

    Cash Cow! This duplex features a 2 BR unit on the first floor and 1 BR unit upstairs. The interior is updated with modern kitchens and bathrooms. Both bathrooms have tile tub surrounds. Fenced back yard. 1-car detached garage for storage. Main floor apartment is currently rented for $1150. Upstairs apartment is vacant. It was previously rented for $925, but being offered for $980. 24 hrs notice

    Jeff Dellitt Ruhl&Ruhl REALTORS Bettendorf

    1522 Brady St, Davenport, IA 52803
  • /49

    $379,900

    • 3,028 Sq Ft

    1401 E 11th St, Carroll, IA 51401

    Discover your dream home in this stunning new construction zero-entry condo, offering over 3,000 sq. ft. of luxurious living space. This spacious residence features 4 bedrooms and 3 bathrooms, perfect for families or those seeking extra room for guests. Enjoy the convenience of a heated garage and a covered deck. The fully finished basement provides ample storage areas, ensuring you have all the

    Kyle Bauer Smart Moves Iowa Realty

    1401 E 11th St, Carroll, IA 51401
  • /28

    $350,000

    • 1,342 Sq Ft

    1102 N Main St, Carroll, IA 51401

    NEW CONSTRUCTION!! Experience modern living in this brand-new condo, featuring 1,342 sq ft of thoughtfully designed space with 3 spacious bedrooms & 2 elegant bathrooms. The oversized 3-car garage provides ample storage, while wide hallways enhance accessibility throughout. Enjoy the luxury of custom cabinets & quartz countertops in the kitchen & bathrooms, complemented by stainless steel

    Kyle Bauer Smart Moves Iowa Realty

    1102 N Main St, Carroll, IA 51401
  • /100

    $2,400,000

    • 9 Beds
    • 5 Baths
    • 6,500 Sq Ft

    27043 264th Ave, Moulton, IA 52572

    Welcome to Second Heaven Farm, a 217 +/- acre property located in Southern Iowa's, Appanoose County! Second Heaven is in an area known for producing trophy whitetails! This is a farm built for the serious outdoorsman or investor. This area of Southern Iowa is in one of those pockets that offers the hunting experience that has come to make Iowa famous. With a strong track record for giant

    Steve Noble Arrowhead Land Company

    27043 264th Ave, Moulton, IA 52572
  • /58

    $359,000

    • 4,800 Sq Ft

    104 Main St N, Numa, IA 52544

    Don’t miss this opportunity to own a versatile duplex located in the small town of Rathbun, just 3 minutes from the scenic shores of beautiful Lake Rathbun. Whether you're looking for a smart investment or a place to call home, this property offers the best of both worlds. Live in one unit and rent out the other to offset your mortgage or generate steady income! Each side of this duplex sleeps 7

    Kayla Miller Bogle Realty LLC

    104 Main St N, Numa, IA 52544
  • /7

    $92,500

    • 1,452 Sq Ft

    1123 N Barclay St, Waterloo, IA 50703

    Great opportunity for this well locate duplex. Interior is ready for your personal completion and finish. Good basic shell.

    Ron Garris, CRB,CRS AWRE - Commercial & Development

    1123 N Barclay St, Waterloo, IA 50703
  • /2

    $140,000

    • 2,224 Sq Ft

    518 Central Ave E, Hampton, IA 50441

    Fully rented house converted to four 1 bedroom apartments. The leases are all month to month and one renter has been there for over 10 years. The roof was replaced 2 years ago. Owner pays water, garbage, and gas while renters pay electricity.

    Kent Mollenbeck Staley Real Estate

    518 Central Ave E, Hampton, IA 50441
  • /18

    $100,000

    • 2 Beds
    • 1,068 Sq Ft

    1103 Jefferson St, Waterloo, IA 50702

    Turnkey triplex in Waterloo, Iowa – vacant and ready for tenants! Live in one unit and rent out the others. Separate electric and gas meters. Previously rented for $2,000/month when fully occupied. Opportunity for extra income with laundry

    Jared Hottle Berkshire Hathaway Home Services One Realty Centre

    1103 Jefferson St, Waterloo, IA 50702
  • /28

    $165,000

    • 2,312 Sq Ft

    329 S Marshall St, Burlington, IA 52601

    Don't miss out on this chance to own a tri-plex conveniently located within walking distance of downtown Burlington, home to numerous restaurants and shops. The property is also close to bus stops and stores. It features two lower units—a one-bedroom apartment and a studio—both with off-street parking and private laundry. The upstairs unit is a spacious one-bedroom apartment with the potential to

    Tammy Starkey- Hopkins Century 21/Property Profession

    329 S Marshall St, Burlington, IA 52601
  • /6

    $414,000

    • 8 Beds
    • 2,880 Sq Ft

    3920 W 13th St, Davenport, IA 52804

    Great Investment Opportunity! Turn-key 4-plex conveniently located close to the fairgrounds, restaurants, and schools. 3 of the 4 units have been completely updated! 3 of 4 units are occupied with paying tenants! Newer roof in 2023. 2 New Furnaces in 2022.

    Brian Sampson Mel Foster Co. Davenport

    3920 W 13th St, Davenport, IA 52804
  • /8

    $220,000

    • 2,479 Sq Ft

    731 5th Ave, Marion, IA 52302

    1 stall garage

    Darin Garman HEARTLAND INVESTMENT REAL ESTATE, LLC

    731 5th Ave, Marion, IA 52302
  • /15

    $246,000

    • 5 Beds
    • 3 Baths
    • 1,653 Sq Ft

    1003 Bluff St, Cedar Falls, IA 50613

    Fantastic investment opportunity within walking distance of Main St. Cedar Falls! Main floor includes 4 beds and 2 baths, ample sized living room, kitchen with oven/stove, refrigerator, and dishwasher. Upstairs has 1 bed and 1 bath, kitchen with oven/stove & refrigerator, and includes washer/dryer in the unit. This property also boasts an oversized, detached 2-stall garage. Great duplex to add to

    Greg Schneider Fischels Residential Group

    1003 Bluff St, Cedar Falls, IA 50613
  • /15

    $495,000

    • Studio
    • 7 Baths
    • 3,174 Sq Ft

    732 19th St, Des Moines, IA 50314

    Cashflow on day one! Located right off of Interstate 235, 19th Street is in a prime location for commuters and public transportation users as well! Professionally managed for the last 2 years and stabilized, this is your chance to step into a turnkey investment! All rental certificates in place are recent and all but one tenant are in long term leases. With multiple avenues to increase income

    Grant Beck RE/MAX Revolution

    732 19th St, Des Moines, IA 50314
  • /38

    $592,900

    • 6 Beds
    • 6 Baths
    • 546 Sq Ft

    214 N Francis St, Cedar Falls, IA 50613

    **Investors Dream: Modern Duplex in Cedar Falls!** Introducing a fantastic investment opportunity in Cedar Falls! This super clean duplex, built in 2018, features spacious 3 bedrooms and 3.5 baths on each side, making it perfect stylish living space. Currently rented through early summer 2026 at $1,800 per side, this property offers instant revenue with reliable tenants already in place. Each

    Sara Wegmann Oakridge Real Estate

    214 N Francis St, Cedar Falls, IA 50613
  • /10

    $150,000

    • 1,960 Sq Ft

    728 4th Ave SE, Cedar Rapids, IA 52401

    Fully leased 5 Unit Property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must bed

    Bryant Nicholson Affinity Real Estate Services

    728 4th Ave SE, Cedar Rapids, IA 52401
  • /11

    $170,000

    • 2,040 Sq Ft

    317 8th St SE, Cedar Rapids, IA 52401

    3 Units in this investment building. Two 1 bedroom/1 bath units on the main floor. Upper Level has a 2 Bedroom, 2 Bath unit with an outdoor deck. Units 1 $700 per month, Unit 2 $650.00 per month, Unit 3 $775, with room for increased rents. All tenants are Month to Month. Metal Roof, Coin laundry on site. Must be purchased with adjacent property 728 4th Ave SE parcel 14214-8001-00000. 24 Hour

    Bryant Nicholson Affinity Real Estate Services

    317 8th St SE, Cedar Rapids, IA 52401
  • /5

    $150,000

    • 1,680 Sq Ft

    332 2nd St, Atkins, IA 52206

    Located in Atkins, walking distance to the elementary school, this Duplex, consists of a 2 bedroom 1 bath upper and a 1 bedroom 1 bath lower. Both units are occupied. There is a deep back yard with a large concrete pad that is ready for a new garage. Priced to sell and ready for some modern updates. This property is listed AS-IS. Please contact the listing agent and allow 24-48 notice to tour

    Kristena Kramer RUHL & RUHL REALTORS®

    332 2nd St, Atkins, IA 52206

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