Iowa Multifamily Homes & Duplexes for Sale

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  /2

  $549,000

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

  1302 U S 71 Unit 33, 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 33, Okoboji, IA 51355
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  /2

  $549,000

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

  1302 U S 71 Unit 32, 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 32, Okoboji, IA 51355
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  /16

  $465,000

  • 6 Beds
  • 5,148 Sq Ft

  2705 N Lincoln Ave, Davenport, IA 52804

  Very well cared for 6 plex 4- two bedrooms rent for 795,795,850,850 and 2- one bedrooms rent for 775 & 750 Renters are long term tenants The roof was replaced within the last 6 years, siding in 2016, newer high efficiencywindows, AC units replaced in 2014, upgraded electrical panel and all new meters and wiring. Each unit has upgraded flooring was installed aftereach vacancy. All utilities

  Ray McDevitt Ruhl&Ruhl REALTORS Bettendorf

  

  2705 N Lincoln Ave, Davenport, IA 52804
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  /28

  $319,900

  • 5,432 Sq Ft

  2920 Central Ave, Dubuque, IA 52001

  This unique 2-story boasts 6 apartments and 2 store fronts with plenty of off-street parking. This property could be the perfect owner occupied purchase or addition to your investment portfolio. The store fronts offer endless usage opportunities to start your own business, business/store rental, or convert to apartments!

  Dee Koester River City Realty, LTD.

  2920 Central Ave, Dubuque, IA 52001
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  /20

  $179,500

  • 1,890 Sq Ft

  1213 11th St, Marion, IA 52302

  Duplex in a great location in Marion, Detached 3 Stall Garage individually rented. Both units updated prior to recent leases with new flooring and paint. New Roof put on in 2022. Unit 1 Rents for $1035 through April 2026, Unit 2 Rents for $725 July 2026. Garages rent for $65 each, month to month. Room for Rent increases for units and garages. Tenants pay all utilities. Owner selling As-Is,

  Bryant Nicholson Affinity Real Estate Services

  1213 11th St, Marion, IA 52302
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  /2

  $62,000

  • 2 Beds
  • 1,750 Sq Ft

  1213 Ripley St, Davenport, IA 52803

  Solid duplex for sale in Davenport, IA. Great investment opportunity. Both units are rented. Nice sized level yard. Oversized garage is a bonus and can add extra income. Adorable front porch. Close to shopping, schools and entertainment.

  Jeremy Albrecht Prestige Realty QC

  

  1213 Ripley St, Davenport, IA 52803
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  /5

  $139,000

  • 2,402 Sq Ft

  1362 W 5th St, Dubuque, IA 52001

  Don’t miss this incredible opportunity to own a well-cared-for duplex. This turn-key property is perfect for investors or owner-occupants looking to generate rental income. With solid upkeep and income potential, this is a smart addition to any portfolio. Schedule your showing today!

  Jared Levy EXIT Unlimited

  1362 W 5th St, Dubuque, IA 52001
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  /7

  $179,900

  • Studio
  • 2 Baths
  • 1,410 Sq Ft

  620 38th St, Des Moines, IA 50312

  Two-story duplex income producing property. Tenants pay on time at $889 and $725 monthly. This offers the opportunity for a turn-key investment with an active rental certificate which was renewed January 2025. Several updates over past couple of years including a new roof and several windows changed out to vinyl.

  Matt Cole RE/MAX Concepts

  620 38th St, Des Moines, IA 50312
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  /6

  $55,000

  • 5 Beds
  • 2,940 Sq Ft

  2801 Roosevelt St, Clinton, IA 52732

  Triplex investment opportunity. One of the floor units is being occupied with a good tenant. The other two units are not being occupied. With some work this could be a worthy investment.

  Nick Reuter Mel Foster Co. Commercial

  

  2801 Roosevelt St, Clinton, IA 52732
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  /18

  $305,000

  • Studio
  • 1 Bath
  • 995 Sq Ft

  418 N 6th St, Winterset, IA 50273

  Investor Alert! Super clean and well-maintained duplex investment property. Each unit has 2 bedrooms and 1 full bath. Large living room, spacious kitchen and dining area. Sliding door from the dining area leads to the backyard. The bedrooms have good size closets. 1st floor laundry. Ample storage space in the basement. 1 car attached garage. 418 N 6th St. - furnace new 2021, newer flooring and

  Jennifer Stover Madison County Realty

  418 N 6th St, Winterset, IA 50273
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  /8

  $275,000

  • 4,466 Sq Ft

  571 Jefferson St, Dubuque, IA 52001

  Large all brick multi-family investment property features 5 rental units, over 4,400 sf, and 3 garages. 4 units are currently rented and 5th unit has been torn down to the studs and ready to be built out. Tenants pay electricity. Owner pays gas and water. There is a newer boiler (approximately 2019) serving 4 units. 1 unit has forced air heat. Current rents well below market rate.

  David Sandman Remax Advantage

  571 Jefferson St, Dubuque, IA 52001
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  /17

  $192,000

  • 2,051 Sq Ft

  646 and 648 Osage Ave, Chariton, IA 50049

  Well-maintained duplex offers 2 - 2 bedroom units, each with fireplace, carpet & wood floors, full bathroom, cedar-lined closets, basement access and off-street parking. Many updates include newer roof, windows, hvac, siding and more. Kitchen appliances provided by owner and will remain with the property; tenants share laundry room and provide their own washer/dryer.

  Hilary Masters Masters Realty LLC

  646 and 648 Osage Ave, Chariton, IA 50049
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  /4

  $199,000

  • 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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  /4

  $295,000

  • Studio
  • 6 Baths
  • 4,233 Sq Ft

  717 Franklin Ave, Des Moines, IA 50314

  This cash-flowing 6-unit property features flexible month-to-month tenants and currently generates $3,850 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

  717 Franklin Ave, Des Moines, IA 50314
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  /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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  /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

  $789,900

  • 6 Beds
  • 4.5 Baths
  • 3,778 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
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  /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
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  /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

  $379,900

  • 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 Westhoff 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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  /46

  $267,000

  • 4,206 Sq Ft

  718 Avenue E, Fort Madison, IA 52627

  Does your business hire traveling professionals? If so, this could be just what you need! Take a look at what this amazing property has to offer. 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 Air B&B & VRBO, or mid-term rentals for traveling professionals on FurnishedFinder.com.

  Gwen Wixom Century 21/Property Profession

  718 Avenue E, Fort Madison, IA 52627
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  /38

  $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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  /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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  /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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  /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 Investment Opportunity!This turnkey, income-producing duplex comes with a current rental certificate and immediate cash flow potential. Each unit features 2 bedrooms, 1 bathroom, a spacious kitchen, and a comfortable living room.The walk-out basements offer expansion opportunities—finish them to add additional bedrooms and living space, increasing rental income. The deep

  Ryan Rivera Zealty Home Advisors

  349 E Rose Ave, Des Moines, IA 50315
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  /38

  $117,000

  • 1,350 Sq Ft

  1016 Pearl St, Grinnell, IA 50112

  PRICE REDUCE!!! Live in one side and rent the other. Easy living. 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

  Robin Marcinik Grinnell Realty LLC

  1016 Pearl St, Grinnell, IA 50112
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  /7

  $495,000

  • 9 Beds
  • 10,744 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: $84,600. Current Rate of Return: $14.2% SEE

  Daniel Oien First Choice Real Estate LLC

  

  207 E Wate St, Wilton, IA 52778
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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
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  /22

  $87,000

  • 1,496 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
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  /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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  /35

  $100,000

  • 6 Beds
  • 5 Baths
  • 1,660 Sq Ft

  102 S Connecticut Ave Unit A-E, Mason City, IA 50401

  This centrally located 6-plex, just blocks from downtown and near key amenities like the MacNider Art Museum and Public Library, presents a prime investment opportunity with a projected rental income of $3,035/month. The property, featuring low maintenance aluminum siding and a classic 1910 two-story architecture, is already under professional property management, to help with the transition for

  HAYSE JORGENSEN JANE FISCHER & ASSOCIATES LLC

  102 S Connecticut Ave Unit A-E, Mason City, IA 50401
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  /10

  $270,000

  • 6 Beds
  • 4 Baths
  • 2,448 Sq Ft

  2102 Gary Ave, Spirit Lake, IA 51360

  This multi-unit property is a fantastic investment opportunity, offering strong rental income in a great Spirit Lake location. Some of the units have been updated with new flooring and paint. Whether you're looking to expand your investment portfolio or dive into real estate for the first time, this property offers both immediate cash flow and long-term potential.

  Janie Eick RE/MAX Lakes Realty

  2102 Gary Ave, Spirit Lake, IA 51360
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  /14

  $230,000

  • 8 Beds
  • 4,588 Sq Ft

  1421 Grand Ave, Davenport, IA 52803

  Investors! This well-maintained turn key 4-unit multifamily property with strong cash flow features four spacious 2-bed, 1-bath units (two upper, two lower), with three units currently leased—lower units at $850/month and upper units at $800/month. Tenants pay gas and electric, keeping expenses low. Recent updates include a new roof (2023), foundation tuck-pointing and soffit repairs (2024), new

  David Wilkinson Currents and Keys Realty

  

  1421 Grand Ave, Davenport, IA 52803
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  /21

  $220,000

  • 7 Beds
  • 3,400 Sq Ft

  705 Brady St, Davenport, IA 52803

  Davenport Iowa Real Estate For Sale! This 2 Story Tri-Plex has Great Features Like: 3,400 Finished Square Feet, 7 Total Bedrooms, 3 Full Bathrooms, Finished Basement w/ Shared Laundry Space & Huge Shared Rec Room (Items in Rec Room are Negotiable), Overlooking Brady Street (Great Spot to Watch the Bix!), & Ceiling Fans Throughout! Some Updates Include: All New Flooring in #3, New Carpet in #2,

  Lucky Lang II Mel Foster Co. Davenport

  

  705 Brady St, Davenport, IA 52803
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  /3

  $42,000

  • 1,702 Sq Ft

  512 N Park Ave, Centerville, IA 52544

  REDUCED & READY TO BE SOLD! Duplex in Centerville! Don’t miss this great investment opportunity! This duplex features two apartments and is priced to move. The lower level has been remodeled and with just a little more TLC, the upper unit can shine just as bright. Whether you’re looking to live in one unit and rent the other, or add to your rental portfolio, this property has income potential.

  Jodie McCoy Real McCoy Realty LLC

  512 N Park Ave, Centerville, IA 52544

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