Iowa Multifamily Homes & Duplexes for Sale

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  /40

  $309,500

  • 8 Beds
  • 4 Baths
  • 1,149 Sq Ft

  2503 Olive St, Cedar Falls, IA 50613

  Located just one block from UNI campus, this investment property generates consistent revenue! All units are well-maintained with recent updates. Offering two three-bedroom units and two one-bedroom units, this versatile complex provides options for all students. All four units have dishwasher, stove, and refrigerator. On-site laundry available for tenants to use with coins. Walking distance to

  Mike Taylor Lockard Realty Company

  2503 Olive St, Cedar Falls, IA 50613
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  /10

  $1,300,000

  • 7 Beds
  • 5 Baths
  • 6,512 Sq Ft

  711 E Burlington St, Iowa City, IA 52240

  INVESTOR ALERT! 10 unit apartment building for sale on University of Iowa Campus & Downtown Iowa City! Fully leased with student housing! This property has a mix of Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom and 4 Bedroom apartments. Off Street parking lot! Onsite laundry room! Tenants pay all utilities! All showings are subject to Tenants rights need at least 24 hour notice to show.

  Tracy Barkalow Barkalow & Associates, Realtors

  

  711 E Burlington St, Iowa City, IA 52240
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  /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
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  /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
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  /38

  $580,000

  • 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
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  /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
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  /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
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  /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
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  /16

  $229,500

  612 N Main St, Wall Lake, IA 51466

  Here's your chance to own a duplex in the growing and desirable community of Wall Lake, Iowa. Each of the 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. There is a total of two duplexes available if desired -

  Elliott Bengford Green Real Estate & Auction Co.

  612 N Main St, Wall Lake, IA 51466
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  /20

  $229,500

  608 N Main St, Wall Lake, IA 51466

  Here's your chance to own a duplex in the growing and desirable community of Wall Lake, Iowa. Each of the 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. There is a total of two duplexes available if desired -

  Elliott Bengford Green Real Estate & Auction Co.

  608 N Main St, Wall Lake, IA 51466
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  /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
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  /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
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  /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
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  /5

  $223,000

  • 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
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  /29

  $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
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  /5

  $339,900

  • 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
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  /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
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  /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
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  /12

  $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
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  /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
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  /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
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  /8

  $210,000

  • 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
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  /13

  $242,000

  • 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
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  /15

  $475,000

  • 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
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  /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
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  /10

  $145,000

  • 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
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  /11

  $165,000

  • 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 (vacant), 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

  Bryant Nicholson Affinity Real Estate Services

  317 8th St SE, Cedar Rapids, IA 52401
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  /6

  $225,000

  • 1 Bed
  • 4,344 Sq Ft

  832 W 8th St, Davenport, IA 52802

  6 Unit apartment Building. Unit 1 and Unit 4 are currently vacant and listed for rent. All other units are rented.

  Scott Ryder EXIT Realty Fireside

  

  832 W 8th St, Davenport, IA 52802
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  /5

  $270,000

  • 1,816 Sq Ft

  911 Lafayette St Unit 913, Waterloo, IA 50703

  Don’t miss this exceptional opportunity to own a fully occupied, income-producing fourplex, just minutes from downtown Waterloo’s vibrant shopping, dining, and amenities. Each of the four 2-bedroom, 1-bath units offers approximately 900 sq. ft. of living space. Significant capital improvements have already been completed, making this a strong investment option: Updated LVP flooring in multiple

  Brandie White Berkshire Hathaway Home Services One Realty Centre

  911 Lafayette St Unit 913, Waterloo, IA 50703
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  /12

  $260,000

  • Studio
  • 2 Baths
  • 2,550 Sq Ft

  1418 8th St, Des Moines, IA 50314

  Great duplex! Newly remodeled! Each unit has three bedrooms and one bathroom. Two current tenants that are willing to stay but could be moved. Additional parking in back.

  Brandon Johnson RE/MAX Cornerstone

  1418 8th St, Des Moines, IA 50314
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  /25

  $185,000

  • 2,776 Sq Ft

  1249 3rd Ave SE, Cedar Rapids, IA 52403

  This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024,

  Beth Mackey Realty87

  1249 3rd Ave SE, Cedar Rapids, IA 52403
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  /26

  $270,000

  • 2 Beds
  • 1 Bath
  • 1,191 Sq Ft

  303 N 1st St, Doon, IA 51235

  This well-maintained townhouse built in 2014, located in a quiet, small-town community that offers the perfect blend of comfort and potential. With 1,191 square feet of thoughtfully designed living space, this home features 2 spacious bedrooms, 1 bathroom, laundry room and a finished 2-stall garage. The open-concept kitchen and living room is filled with natural light due to an abundance of

  Clay Anderson Whitetail Properties Real Estate, LLC

  303 N 1st St, Doon, IA 51235
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  /23

  $144,900

  • 6,826 Sq Ft

  717 Franklin St, Keokuk, IA 52632

  There is timeless character in this well maintained quadplex. All four units have beautiful hardwood floors, 2 bedrooms (1 is non-conforming) and 1 bathroom (Unit #1 has 2 bathrooms) and are spacious. This one is perfect for investors seeking a property with stable rental income!

  Tammy Panther Weichert Realtors-The Massimo Group

  717 Franklin St, Keokuk, IA 52632
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  /25

  $235,000

  • Studio
  • 2 Baths
  • 2,422 Sq Ft

  124 E Olinda Ave, Des Moines, IA 50315

  Great investment opportunity in a great location near downtown Des Moines! This duplex offers versatility—perfect for an owner-occupant looking to offset their mortgage or for an investor seeking strong rental potential. Each unit features 3 bedrooms and 1 full bathroom, each unit includes a stove and refrigerator. Unit 1 is located on the upper level, while Unit 2 is on the main floor, offering

  Misty Darling BH&G Real Estate Innovations

  124 E Olinda Ave, Des Moines, IA 50315
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  /2

  $199,950

  • 5 Beds
  • 5 Baths
  • 2,505 Sq Ft

  1724 Douglas St, Sioux City, IA 51105

  5-Plex Opportunity! Located in the heart of Sioux City with quick access to Bandshell Park and downtown, this fully occupied 5-unit property offers both convenience and cash flow. Four of the five units have been recently updated, minimizing upfront costs and maximizing tenant appeal. Each unit is separately metered, simplifying management and keeping operational expenses clear. Owner pays water,

  Aaron Tyler Keller Williams Siouxland

  1724 Douglas St, Sioux City, IA 51105
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  /20

  $5,650,000

  • 8 Beds
  • 4 Baths

  902 N Dodge St, Iowa City, IA 52245

  Investor Alert! 41 Apartments in Iowa City Iowa For Sale! Prime Location On University of Iowa Campus! Great Rental History! Updated Apartments Including New Kitchen Cabinets with Stainless Appliances! Updated Bathrooms, Updated White Doors & Trim! Onsite Laundry! Tenants Pay All Utilities! Great Location Walkable To Downtown Iowa City & Easy Access to University of Iowa Campus! On Bus Routes!

  Tracy Barkalow Barkalow & Associates, Realtors

  

  902 N Dodge St, Iowa City, IA 52245
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  /2

  $139,000

  • 1,070 Sq Ft

  406-408 Gladys St, Waterloo, IA 50702

  Investor and home renovator opportunity here! This home is ready to reno! This home was previously a duplex and could still be, but is also in the process of being converted into a single family home. Newer Windows and doors, new siding, two new fuse boxes, and new electrical ran through half the house. Come take a look at a great project home! Sold AS-IS

  Justin Finn Four Seasons Realtors Inc

  406-408 Gladys St, Waterloo, IA 50702
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  /14

  $299,000

  • 3,776 Sq Ft

  510 State St, Klemme, IA 50449

  Updated and remodeled 4plex apartment with extra lot located in Klemme, Iowa. Owners recently replaced floor coverings, cabinets/counters, installed new appliances, and some sheetrock and painted the interior of all apartments. These are very nice units, ready to become your next investment project.

  Tom Christianson Jaspersen Insurance & Real Estate

  510 State St, Klemme, IA 50449
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  /2

  $549,000

  • 3 Beds
  • 2 Baths
  • 1,670 Sq Ft

  1302 U S 71 Unit 35, Okoboji, IA 51355

  LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2—now featuring spacious 3- and 4-bedroom townhomes! Each home includes an attached garage, two bathrooms, and a choice between two stylish design finishes. Residents will enjoy a brand-new pool and effortless access to East Okoboji Lake—all in a prime location at the heart of the Iowa Great Lakes.

  Brad Sanderson EXIT Realty Midwest

  1302 U S 71 Unit 35, Okoboji, IA 51355
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  /2

  $549,000

  • 3 Beds
  • 2 Baths
  • 1,670 Sq Ft

  1302 U S 71 Unit 34, Okoboji, IA 51355

  LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2—now featuring spacious 3- and 4-bedroom townhomes! Each home includes an attached garage, two bathrooms, and a choice between two stylish design finishes. Residents will enjoy a brand-new pool and effortless access to East Okoboji Lake—all in a prime location at the heart of the Iowa Great Lakes.

  Brad Sanderson EXIT Realty Midwest

  1302 U S 71 Unit 34, Okoboji, IA 51355

Showing Results 241 - 280, Page 7 of 12