Iowa Multifamily Homes & Duplexes for Sale

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  /15

  $120,000

  • 4 Beds
  • 2,648 Sq Ft

  1010 S 6th St, Clinton, IA 52732

  Fantastic investment opportunity or ideal owner-occupant property! This well-maintained duplex features two spacious 2-bedroom, 1-bath units—one upper and one lower—each offering comfortable layouts with generous living areas. Both units include access to their own attached 1-car garage, adding convenience and value. A small, easy-to-maintain yard provides just the right amount of outdoor space.

  Daniel Lind Lind Realty

  

  1010 S 6th St, Clinton, IA 52732
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  /4

  $215,000

  • 6 Beds
  • 4 Baths
  • 2,299 Sq Ft

  809 17th St SE, Cedar Rapids, IA 52403

  Great Investment Opportunity on the SE side of Cedar Rapids! This well-maintained multifamily property features four fully leased units-three-1 bedroom units, and 1-3 bedroom unit. Each unit is individually metered for gas and electricity. Owner pays water/garbage/recycling, and common area heat and electric. A shared, coin-operated laundry is available in the basement for added tenant

  Ross Nusser Urban Acres Real Estate Corridor

  

  809 17th St SE, Cedar Rapids, IA 52403
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  /35

  $3,400,000

  • Studio
  • 4,233 Sq Ft

  717 Franklin Ave Unit 11, Des Moines, IA 50314

  This portfolio includes 10 multifamily properties and 7 single-family homes. The multifamily portion features 44 total units spread across 10 buildings, all currently occupied on a month-to-month basis. These multifamily units generate an annual gross income of $386,940, with an annual net income of $233,689.The 7 single-family homes collectively produce a gross income of $100,200 and net $54,011

  Jeff Downing LPT Realty, LLC

  717 Franklin Ave Unit 11, Des Moines, IA 50314
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  /26

  $210,000

  • 4 Beds
  • 2 Baths
  • 2,334 Sq Ft

  1201 18th St, Sioux City, IA 51104

  Owner spared no expense with NEW Electrical in this Fantastic Investment Property! PLUS - All NEW flooring and paint throughout! 2 unit, each with 2 bedrooms, 1 full bath, detached oversized 2 stall garage! Eat-in Kitchens each have a refrigerator and stove. Maintenance free exterior. Or live in one unit and rent the other! The opportunities are endless!

  Amy Kakacek LPT Realty, LLC

  1201 18th St, Sioux City, IA 51104
• 

  

  

  /19

  $165,000

  • 1,389 Sq Ft

  608 Mill St, Council Bluffs, IA 51503

  Investor Special - Updated Duplex on Rare Double Lot (608 & 606 Mill)Fantastic opportunity for investors or house hackers! This unique property includes two parcels--608 and 606 Mill--situated on a spacious double lot. This duplex features a New Roof, Fresh Interior paint, refinished hardwood floors, with some updates. With plenty of natural light from large windows, and unique architecture,

  Monte Wilson NP Dodge Real Estate - Council Bluffs

  608 Mill St, Council Bluffs, IA 51503
• 

  

  /5

  $130,000

  • 4 Beds
  • 1,882 Sq Ft

  618 Douglas Ct, Davenport, IA 52803

  Check out this Duplex located in central Davenport minutes from Mercy One Hospital, The Hilltop District, and Downtown Davenport. Unit #1 is currently vacant with 2 Bedrooms, 1bath and a dishwasher located in kitchen. This unit also has laundry hook ups in the unit. With off-street parking available, you'll never have to worry about finding a spot. This is perfect for a owner occupied

  Scott Ryder EXIT Realty Fireside

  

  618 Douglas Ct, Davenport, IA 52803
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  /15

  $220,000

  • 2 Beds
  • 2 Baths
  • 1,428 Sq Ft

  524 N Governor St, Iowa City, IA 52245

  Two unit invest/income property in a great location. 524 and 524 1/2. 524 is main level unit (entrance from back of home) - features LVP flooring, an eat-in kitchen, laundry closet w/ stacked washer/dryer, living room, full bath, and 1 bedroom. Upstairs (entrance from Governor St) unit, 524 1/2, features kitchen, living room, bonus room/office, and large bedroom. Off-street parking pad in the

  Mike Jensen Lepic-Kroeger, REALTORS

  

  524 N Governor St, Iowa City, IA 52245
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  /3

  $250,000

  • 3,002 Sq Ft

  2070 Jackson St, Dubuque, IA 52001

  All brick 4 plex, fully rented. 1 and 2 bedroom units. Walk up attic offers huge expansion potential. Detached garage currently used by the property owner, but could be rented.

  Jane O'Neill American Realty of Dubuque, Inc.

  2070 Jackson St, Dubuque, IA 52001
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  /14

  $250,000

  • 2,006 Sq Ft

  206 1/2 E Church St, Gilman, IA 50106

  This 4 plex is nestled in the quiet little town of Gilman. Each unit has 2 bedrooms, a full bathroom, a living room, an eat-in dining room and a kitchen with laundry hookups. The two bottom apartments have walkout patios and the two upstairs have back balcony's. The 4 plex itself sits on just an acre with an additional acre to the south. This acre could be developed into another quadplex, storage

  Penny Gable TurnKey Realty LLC

  206 1/2 E Church St, Gilman, IA 50106
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  /67

  $799,900

  • 6 Beds
  • 4.5 Baths
  • 3,700 Sq Ft

  171 Linden Dr Unit A, Arnolds Park, IA 51331

  Close to the action with plenty of space to entertain! This impressive 6-bedroom, 5-bathroom twin home offers everything today’s buyer is looking for. Featuring two owner’s suites—one conveniently located on the main floor and another upstairs—this home is perfect for flexible living. You’ll also enjoy the bonus of a spacious FROG (Finished Room Over Garage), ideal for guests, a home office, or

  Rob Hinn Hinn Real Estate

  171 Linden Dr Unit A, Arnolds Park, IA 51331
• 

  

  /20

  $69,500

  • 5,325 Sq Ft

  317 Main St, Clutier, IA 52217

  This is a great opportunity to own a duplex that has potential for very good return. There is a main floor apartment that has two bedrooms and one bath. There is an upstairs apartment that could have 3 bedrooms and one bath. There is also a garage that can be rented. Could use some paint, floor coverings and a few updates and then would make 2 nice rentals. Should give a buyer a nice ROI.

  David Wrage Wrage Realty

  317 Main St, Clutier, IA 52217
• 

  

  /13

  $199,900

  • 4 Beds
  • 1,848 Sq Ft

  2003 Pershing Blvd, Clinton, IA 52732

  Incredible investment opportunity! Both units are currently rented and this side by side duplex is nicely updated, well maintained, and worry free. Both units are spacious with separate utilities. Duplex also includes a nice size yard, new decks, all kitchen appliances stay, and a detached two car garage with off street parking. This is a great option to earn income while owning this low

  Leatha Melton eXp Realty

  

  2003 Pershing Blvd, Clinton, IA 52732
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  /10

  $275,000

  • Studio
  • 4 Baths
  • 1,536 Sq Ft

  4665 E Oakwood Dr, Pleasant Hill, IA 50327

  Well maintained duplex in Pleasant Hill situated in an excellent location on a quiet street close to schools, churches, and stores. Each unit has 3 bedrooms, two bedrooms on the main with a full bath. One unit has an additional bedroom and full bath on the lower level. One unit has a lower level kitchenet and non-conforming bedroom with 3/4 bath on the lower. Both units have a walkout lover

  June Mackay Stevens Realty

  4665 E Oakwood Dr, Pleasant Hill, IA 50327
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  /14

  $390,000

  • 6 Beds
  • 5,200 Sq Ft

  3536 Heatherton Dr, Davenport, IA 52804

  Opportunity knocks with this renovated 6-plex offering strong rental income and value-add potential. The units have been thoughtfully updated in recent years with modern finishes, new flooring, updated kitchens, and refreshed bathrooms. One unit is in need of repair, presenting an excellent chance for additional upside with minimal investment. Ideal for investors seeking a stabilized asset with

  Jill Carstens Haven. Real Estate

  

  3536 Heatherton Dr, Davenport, IA 52804
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  /38

  $165,000

  • 2,526 Sq Ft

  2413 Stafford St, Dubuque, IA 52001

  Investment Opportunity! Welcome to 2413 Stafford Avenue in Dubuque — a well-maintained triplex offering solid income potential. This versatile property features three separate units, each with its own entrance and functional layout, making it ideal for owner-occupants, investors, or those looking to expand their rental portfolio. The building includes a mix of 1- and 2-bedroom units, providing

  Carolyn Trumm Remax Advantage

  2413 Stafford St, Dubuque, IA 52001
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  /24

  $135,000

  • 4 Beds
  • 2,378 Sq Ft

  226 2nd Ave S, Clinton, IA 52732

  Come take a look at this well maintained 2, (potential 3) unit multi-family home. This property has 2 finished units. With updated windows. The main floor unit has original hardwood flooring and woodwork. Nice updated kitchen with newer appliances and vinyl plank flooring. Laundry room is in the kitchen, with a large walk in storage closet! The first floor appliances do stay with the property.

  Rachel Fuller Gateway Realty Group

  

  226 2nd Ave S, Clinton, IA 52732
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  /11

  $1,529,500

  • 26 Beds
  • 13 Baths
  • 9,946 Sq Ft

  1821 S Pomegranite St Et Al, Sioux City, IA 51106

  Presenting a portfolio of 11 single-family homes with steady rental income and 100% occupancy. Gross monthly income of $12,050 - most leases are mo-to-mo, allowing easier adjustments in rents. Most of the hard work has been done for you, plenty of room to bring rents up to market on these. See property disclosures for individualized updates, repairs & renovations. Seller is a licensed agent.

  Audrey Hoekstra Gateway Real Estate Advisors

  1821 S Pomegranite St Et Al, Sioux City, IA 51106
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  /18

  $354,500

  • 2 Beds
  • 2 Baths
  • 1,416 Sq Ft

  3337 Prairie Meadow Dr Unit A, Milford, IA 51351

  Tucked away in the serene Nature Trails community, this beautifully maintained 2-bedroom, 2-bathroom duplex offers the ideal balance of privacy and convenience. Enjoy effortless, single-level living with an open-concept layout, spacious bedrooms, a primary suite with a private bath, and a well-appointed kitchen perfect for entertaining or everyday comfort. Step outside to your private patio

  Sean Kondrath Real Estate Unlimited

  3337 Prairie Meadow Dr Unit A, Milford, IA 51351
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  /43

  $267,000

  • 4,206 Sq Ft

  718 Avenue E, Fort Madison, IA 52627

  Looking for a great business opportunity? Located in the Park-To-Park Historic District within walking distance to the Mississippi River, this fully furnished 4 plex is ready to go for vacation rentals on AirB&B and VRBO, or mid-term rentals for traveling professionals on FurnishedFinder.com. Check out "The Ritz"(Unit #1)$1100. "The Lily Pad"(Unit #2)$1300, "The Woolaroc"(Unit #3)$1100, "The

  Gwen Wixom Century 21/Property Profession

  718 Avenue E, Fort Madison, IA 52627
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  /25

  $550,000

  • 6,480 Sq Ft

  625 Rhomberg Ave, Dubuque, IA 52001

  3 Story Brick 6 Plex Investment Property; All spacious 3 bedroom units. 6 Stall Garage Built in 1950. Basement storage for ea unit. Large lot on side/back of yard to enjoy. Or Potential to build on 2 lot up to 2 buildings). Each unit has a back porch/deck. 2020 new electric service to Bldg including breaker boxes/meters. Utilities are separate and paid by tenants. Building has been lead base

  Pamela Helmer Ruhl & Ruhl Realtors

  625 Rhomberg Ave, Dubuque, IA 52001
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  /29

  $120,000

  • 1,724 Sq Ft

  1208 Rhomberg Ave, Dubuque, IA 52001

  Fully Rented Duplex – Turnkey Investment Opportunity Whether you're a seasoned investor or just starting out, 1208 Rhomberg offers a valuable opportunity to grow your real estate portfolio. This well-maintained duplex includes two 1-bedroom, 1-bathroom units, each currently leased at $800/month. The property owner covers water expenses, while residents are responsible for electricity and gas.

  Jeremy Noel Ruhl & Ruhl Realtors

  1208 Rhomberg Ave, Dubuque, IA 52001
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  /17

  $4,950,000

  • 8 Beds
  • 4 Baths
  • 33,696 Sq Ft

  1006 Oakcrest St, Iowa City, IA 52246

  36 Unit Apartment Complex For Sale! Prime Location Close to University of Iowa Hospitals & Clinics! 34 Two Bedroom & 2 One Bedroom Apartments. This location offers elevator, underground garage parking, patio/balcony in each apartment. Tenants pay all utilities. Building is close to U of I Hospital, U of I Law, Pharmacy, Dental & Kinnick! Public transportation in front of building. Brand new

  Tracy Barkalow Barkalow & Associates, Realtors

  

  1006 Oakcrest St, Iowa City, IA 52246
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  /32

  $595,000

  • 3 Beds
  • 2 Baths
  • 1,885 Sq Ft

  1018 S Emerald Hills Dr, Arnolds Park, IA 51331

  1018 Emerald Hills Drive – Golfer’s Delight! Impeccably maintained patio home located directly on the 9th hole of the prestigious Emerald Hills Golf Course. This open and airy 3-bedroom, 2-bathroom duplex is loaded with upgrades and thoughtfully designed for effortless living. The oversized primary suite features a spacious walk-in closet conveniently connected to the laundry room, and a

  Gretchen Lolis Hinn Real Estate

  1018 S Emerald Hills Dr, Arnolds Park, IA 51331
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  /16

  $238,000

  • 8 Beds
  • 8 Baths
  • 2,526 Sq Ft

  101 Sparta St, Marathon, IA 50565

  8-Unit Property. Exterior Parking. Great Investment Opportunity. This 8-unit complex is a great investment. All 8 units are one bedroom, one bathroom. All units have a living space, kitchen/dining, full bathroom, and one bedroom. Market Rent Roll: $3,200. Actual Rent Roll: $3,200. There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in one of

  Adam Doughan Real Broker, LLC

  101 Sparta St, Marathon, IA 50565
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  /23

  $244,000

  • Studio
  • 2 Baths
  • 2,187 Sq Ft

  1134 39th St, Des Moines, IA 50311

  Charming Duplex in Des Moines. Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus room. The basement provides ample extra

  Tim Hegwood PMI Realty Central Iowa

  1134 39th St, Des Moines, IA 50311
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  /3

  $169,900

  • 11 Beds
  • 4,057 Sq Ft

  321 E 15th St, Davenport, IA 52803

  Here's the 4-plex in Davenport, IA that you have been looking for! These units are zoned as condominiums to keep your taxes lower, and possibly sell them off separately in the future, but they are all available now at one low price!! Located near Palmer Chiropractic and St. Ambrose University for easy renter options. 36 hours notice for showings please.

  Darla Teager RE/MAX Concepts Bettendorf

  

  321 E 15th St, Davenport, IA 52803
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  /29

  $325,000

  • 4 Beds
  • 1,760 Sq Ft

  111 Ewing St, Le Claire, IA 52753

  Discover a fantastic investment opportunity in the heart of picturesque downtown LeClaire, just steps from shops and restaurants. This charming building offers two units, each with 2 bedrooms, a full bath, and an open-concept living and dining area. Both units include private laundry facilities, with kitchen appliances, washers, and dryers provided. Recent upgrades include newer water heaters in

  Shueree Boley Haven. Real Estate

  

  111 Ewing St, Le Claire, IA 52753
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  /8

  $1,625,000

  • Studio
  • 4 Baths
  • 2,304 Sq Ft

  4713 Ontario St, Ames, IA 50014

  4 properties sold together all adjacent to each other consisting of 1301 Florida Ave., single family, 1307 Florida Ave. 4 plex, 4716 Hutchison St. duplex and 4713 Ontario St. 4 plex all together. This 4 plex is 4 1-bedroom units rented for $750 each with each having 1 of the 4 garage spaces. Very well cared for and clean building site.

  Steve Bock RE/MAX Real Estate Center

  4713 Ontario St, Ames, IA 50014
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  /8

  $1,625,000

  • Studio
  • 2 Baths
  • 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. Each unit rent for $885 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
• 

  

  /6

  $1,625,000

  • Studio
  • 4 Baths
  • 4,392 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. 3 rents for

  Steve Bock RE/MAX Real Estate Center

  1307 Florida Ave, Ames, IA 50014
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  /35

  $825,000

  • 7,848 Sq Ft

  3212 Wilson Ave SW, Cedar Rapids, IA 52404

  Nice SW 10 plex on Wilson Ave SW near Westdale. 6 2-bedroom and 4-1 bedroom apartments. 10 garages. Kitchens are complete with stoves, referigators, and dishwashers. Each unit has window/wall A/C units. Two laundry rooms, each with a coin operated washer and dryer. Good rental history. Boiler is 5 years old. All new windows in 2025.

  Diona Carpenter SKOGMAN REALTY

  3212 Wilson Ave SW, Cedar Rapids, IA 52404
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  /15

  $234,000

  • Studio
  • 2 Baths
  • 1,408 Sq Ft

  349 E Rose Ave, Des Moines, IA 50315

  Fantastic opportunity for investors! This turnkey income-producing duplex is fully leased with a current rental certificate, offering immediate cash flow and peace of mind. Each unit features 2 bedrooms and 1 bathroom with separately metered utilities and walkout basements situated on nearly half an acre lot in a quiet neighborhood. Don’t miss this opportunity to add a solid, income-producing

  Ryan Rivera Zealty Home Advisors

  349 E Rose Ave, Des Moines, IA 50315
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  /19

  $79,500

  • 4 Beds
  • 2 Baths

  231 8th St SE, Mason City, IA 50401

  2 unit side by side 2 story duplex. East side unit #233 features 2 bedrooms, living room, a relaxing sunroom, kitchen/laundry combo, bathroom and its own basement.. West side unit #231 has 2 bedrooms, living room, kitchen, bathroom, and its own basement. Good income producer and a great addition to your Rental Portfolio.

  Roger Flieth CENTURY 21 PREFERRED

  231 8th St SE, Mason City, IA 50401
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  /38

  $122,500

  • 1,350 Sq Ft

  1016 Pearl St, Grinnell, IA 50112

  PRICE REDUCE!!! Looking for an affordable rental property. 2 Units each with 1 bedroom 1 full bath, kitchen and living room. North unit has been totally remolded Kitchen, bath, flooring paint and trim. North side has not been rented since it was remodeled rent on North side would be $700.00 a month. South unit was rented for $650.00 in 2025 this unit has laundry and includes the washer/dryer

  Robin Marcinik Grinnell Realty LLC

  1016 Pearl St, Grinnell, IA 50112
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  /21

  $160,000

  • 1,465 Sq Ft

  1004 1st Ave NW, Cedar Rapids, IA 52405

  Fully leased duplex in convenient proximity to downtown Cedar Rapids. Lower unit has 2 bedrooms, brand new bathroom and kitchen. Upper unit has 2 bedrooms, 1 bath. Off street parking for tenants and guests. Tenants pay all utilities currently.

  Victoria Torres KW Advantage

  1004 1st Ave NW, Cedar Rapids, IA 52405
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  /7

  $525,000

  • 24 Beds
  • 12 Baths
  • 10,774 Sq Ft

  207 E Wate St, Wilton, IA 52778

  This 12 plex building has a good rental income in a nice area of Wilton. Close to School, Park and 2 blocks from downtown. Replaced in 2025: Roof that is visible on the 3rd floor, shingles have transferable warranty, installed by Meza Construction. Replaced in the last 10 years: 6 Furnaces, 4 Central Air units, 9 water heaters. Annual Gross Income: $83,400. Current Rate of Return: 13.9% SEE

  Daniel Oien FIRST CHOICE REAL ESTATE

  207 E Wate St, Wilton, IA 52778
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  /32

  $45,000

  • 4,494 Sq Ft

  903 Avenue D, Fort Madison, IA 52627

  Charming 2-Story Duplex with Original Details + 3-Car Garage – Income Potential! This classic two-story duplex is full of character, featuring original hardwood floors, rich woodwork, and timeless details throughout. Each unit offers a great layout with tons of potential. The home needs some TLC, but the charm is undeniable and the bones are solid. A spacious 3-car detached garage adds value and

  Melissa Schwenker Ruhl & Ruhl, REALTORS

  903 Avenue D, Fort Madison, IA 52627
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  /24

  $87,000

  • 4 Beds
  • 2 Baths
  • 1,496 Sq Ft

  116 & 116 1/2 9th NW, Mason City, IA 50401

  2 unit up and down duplex. Unit one on main level with 1088 sq. ft. has kitchen, bathroom, living room and 3 bedrooms. Unit two is an upper level unit with 408 sq ft. has a kitchen, bathroom, living room and one bedroom. Tenants pay all utilities. A good income producer to add to your rental portfolio.

  Roger Flieth CENTURY 21 PREFERRED

  116 & 116 1/2 9th NW, Mason City, IA 50401
• 

  

  /22

  $87,000

  • 2,104 Sq Ft

  116-116.5 9th St NW, Mason City, IA 50401

  2 unit up and down duplex. Unit one on main level with 1088 sq. ft. has kitchen, bathroom, living room and 3 bedrooms. Unit two is an upper level unit with 408 sq ft. has a kitchen, bathroom, living room and one bedroom. Tenants pay all utilities. A good income producer to add to your rental portfolio.

  Roger Flieth Century 21 Preferred

  116-116.5 9th St NW, Mason City, IA 50401
• 

  

  /46

  $430,000

  • Studio

  305 5th St NW Unit 1-12, Mason City, IA 50401

  With an acceptable sales price, the owner is open to offering a repair credit for this three-story complex, originally built in 1912. The property has the potential for 12 units, with two currently vacant and two in need of renovation. It features a mix of one- and two-bedroom units, each with one bathroom. Original hardwood flooring adds character to the carpeted units, and digital coded locks

  HAYSE JORGENSEN JANE FISCHER & ASSOCIATES LLC

  305 5th St NW Unit 1-12, Mason City, IA 50401

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