Iowa Multifamily Homes & Duplexes for Sale

/11
$380,000
- 6 Beds
- 5 Baths
- 3,579 Sq Ft
2512 Jones St, Sioux City, IA 51104

Great investment property. Annual Property Operating Data available upon request. North side 5 plex with excellent cash flow & tenant history. Units 4 and 5 owner pays all utilities, units 1 - 3 tenants pay gas and electricity. Vinyl siding installed 2019. New flooring in the common area. Three of the five units were recently remodeled, the other two have long term tenants. Owner is a Realtor.

Brooke Pedersen Keller Williams Siouxland

2512 Jones St, Sioux City, IA 51104
/4
$380,000
- 6 Beds
- 5 Baths
- 2,697 Sq Ft
2220 S Lemon St, Sioux City, IA 51106

This well-maintained 5-plex in the heart of Morningside offers an exceptional investment opportunity with a solid history of consistent cash flow and strong NOI. Three of the units have recently been renovated with new flooring, paint, carpet, and windows, while HVAC systems have also been updated. Located in a highly sought-after neighborhood, this property offers immediate cash flow potential

Jeff Carlson RE/MAX Experience

2220 S Lemon St, Sioux City, IA 51106
/44
$599,900
- 3 Beds
- 3 Baths
- 1,432 Sq Ft
15300 Big Buck Run, Moravia, IA 52571

Located on a beautiful mostly wooded 4+ acre lot is this 5 bedroom (2 would be non-conforming because no second egress), 3 full bath home only a short distance from your boat slip on Sundown Lake. Upon entering this Lake home you will immediately be drawn to the open floor plan and cabin charm. Vaulted pine ceilings with large accent beams give you that lake cabin "up north" home

Jason Kok Lake Homes And Farms Realty

15300 Big Buck Run, Moravia, IA 52571
/18
$288,000
- 1,412 Sq Ft
321 Clay St, Cedar Falls, IA 50613

If you are looking for your next investment opportunity, then look no further. Check out this 4 unit complex just off of main street in Cedar Falls. This property features (3) one bedroom units, and (1) two bedroom unit. The many updates include new paint, new flooring, a newly added laundry room in the basement, and many more. Schedule your showing today to see this great complex!

Tyler Bice Structure Real Estate

321 Clay St, Cedar Falls, IA 50613
/35
$89,900
- 4 Beds
- 1,344 Sq Ft
1101 N Gaines St, Davenport, IA 52804

Nestled in the heart of Davenport, Iowa, this updated up/down duplex is an incredible opportunity for both investors and owner-occupants looking to house hack! Featuring two spacious 2-bedroom, 1-bathroom units, this property offers modern updates, an inviting layout, and a location that ensures convenience. Step inside to discover a bright and open-concept living space that seamlessly connects

Amanda Francis NextHome QC Realty

1101 N Gaines St, Davenport, IA 52804
/21
$775,000
- 9 Baths
- 9,000 Sq Ft
1630 15th St, Rock Valley, IA 51247

Opportunity Knocks!! Here is great opportunity to start or add to your investment portfolio!! This property features a 9 Unit Apartment Complex that was remodeled approx. 20 years ago and there has been several updates over the years and has a very low vacancy rate!! There are 5 apartments located on the main level and 4 units on the upper level. There is a shared laundry facility and there is

Ryan Zomer Zomer Company

1630 15th St, Rock Valley, IA 51247
/25
$319,000
- 7 Beds
- 967 Sq Ft
2007 College St, Cedar Falls, IA 50613

This beautifully renovated 4-plex in a prime Cedar Falls location offers modern upgrades. Each unit features sleek countertops, stainless steel appliances, and brand-new cabinetry. The interiors are designed for comfort, with generously sized bedrooms, new flooring, and fresh paint throughout. Large windows fill the space with natural light, creating a bright and inviting atmosphere. Recent

Emsad Begic Vine Valley Real Estate

2007 College St, Cedar Falls, IA 50613
/17
$3,100,000
- 14,136 Sq Ft
1199 Central Ave, Dubuque, IA 52001

This if one of the nicest, most up to date multi-family properties in the Tri-state area. This 11 unit building was totally renovated. It features the most maintenance free, sound proof apartments available. Tenants pay all utilities. Low taxes until 2041 because of a tax abatement. Apartments feature private laundry, high ceilings, exposed brick walls, solid surface counter tops, on-demand gas

Vicki Bechen Brissey Realty LLC

1199 Central Ave, Dubuque, IA 52001
/9
$1,375,000
- 7 Beds
- 4 Baths
- 10,182 Sq Ft
442 5th Ave SW, Cedar Rapids, IA 52404

10-Unit multifamily residential investment sale opportunity - 6th Street Commons. This property, located just Southwest of Downtown Cedar Rapids, consists of 10 residential apartment units. Each unit has a washer and dryer, white appliances, central heat and AC and a balcony/patio. There is an exclusive parking field available for tenants and guests. The sale of 6th Street Commons includes a

Craig Byers Q4 Real Estate

442 5th Ave SW, Cedar Rapids, IA 52404
/11
$165,000
- 4 Beds
- 3,232 Sq Ft
1636 W 3rd St, Davenport, IA 52802

Invest in a lucrative opportunity with this spacious 4-plex property, all units are occupied- start making money immediately. ROI 9.6%. Each unit offers 1 bedroom and 1 bathroom with designated parking in the back.

Rachel Allen KW 1Advantage

1636 W 3rd St, Davenport, IA 52802
/6
$170,000
- 4 Beds
- 2,356 Sq Ft
1819 W 3rd St, Davenport, IA 52802

Residential income property in Davenport. 4 1-bedroom, 1 bath apartments. Close to downtown and the riverfront.

Shannon Elliott BUY SELL BUILD QC - Real Broker, LLC

1819 W 3rd St, Davenport, IA 52802
/22
$84,900
- 4 Beds
- 1,976 Sq Ft
222 7th Ave N, Clinton, IA 52732

Upper and lower units are both occupied with tenants. Upper unit tenant has been here for 11 years. Both tenants are on m-m leases. Both units feature a functional layout with a spacious living room, two bedrooms, and a bathroom. Includes a private yard and off-street parking. The location is very convenient, with access to local shops, schools, and public transportation, this property is

Steven Ciha RE/MAX Concepts Bettendorf

222 7th Ave N, Clinton, IA 52732
/23
$2,300,000
- Studio
- 5,626 Sq Ft
716 N Dubuque St, Iowa City, IA 52245

Rare investment opportunity - 21 room boarding house currently leased to a fraternity, leased through the grand chapter. Tenant is responsible for all maintenance, except for boiler and roof. Boiler was replaced December 2024. Owner is responsible for up to $1,100 in utility expense, unless fully occupied - Currently at full occupancy. There are 6 years left on the 10-year Lease Agreement.

Tyler Riddle Lepic-Kroeger, REALTORS

716 N Dubuque St, Iowa City, IA 52245
/24
$1,575,000
- 7,915 Sq Ft
138 Cedar Dr, Gilbert, IA 50105

Investment opportunity! 8 plex unit in Gilbert Iowa with 1 & 2 bedroom units. Built in 2022 by Hunziker Construction Services, Inc. Seller is a licensed real estate broker in the State of Iowa selling the property on their own behalf.

Chuck Winkleblack Hunziker & Assoc.-Ames

138 Cedar Dr, Gilbert, IA 50105
/24
$1,575,000
- 7,915 Sq Ft
134 Cedar Dr, Gilbert, IA 50105

Investment opportunity! 8 plex unit in Gilbert Iowa with 1 & 2 bedroom units. Built in 2022 by Hunziker Construction Services, Inc. Seller is a licensed real estate broker in the State of Iowa selling the property on their own behalf.

Chuck Winkleblack Hunziker & Assoc.-Ames

134 Cedar Dr, Gilbert, IA 50105
/21
$2,250,000
- 7,300 Sq Ft
80 Olive Ct, Iowa City, IA 52246

What an opportunity across from Kinnick Stadium! This property has one single family home of 1,769 sq ft w/4BR-3BA w/ attached garage+full basement. TEN add'l separate apartments. Three tenants have lived there for 10 yrs, 30 yrs & 50 yrs respectively! Average of three year tenancy for the other seven units. GREAT ADDITIONAL INCOME POTENTIAL with game day car parking and/or RV parking w/estimated

Ryan Bandy LEPIC-KROEGER CORRIDOR, REALTORS

80 Olive Ct, Iowa City, IA 52246
/24
$460,000
- 6 Beds
- 5 Baths
- 8,448 Sq Ft
321 9th St, Sheldon, IA 51201

Outstanding Investment Opportunity in the heart of downtown Sheldon. The ground level office space consists of a reception area, conference room with french doors, 2 dedicated private offices, extra office potential, storage, 1 restroom, small kitchenette with a 1/2 bath. This space has a 3-year lease in place and rents for $1600/month. The 2nd level offers 3 studio apartments and has been

Jacki Maassen Vision Realty

321 9th St, Sheldon, IA 51201
/10
$1,450,000
- 10 Beds
- 5 Baths
- 11,088 Sq Ft
1014 Oakcrest St, Iowa City, IA 52246

INVESTOR ALERT! Location! Location! Location! 12 Plex on West U of I Campus For Sale! All two bedroom units. This building is a great location for grad students, walkable to Law, Dental, Pharmacy, UIHC & Kinnick Stadium. Each of these apartments have central heat and central air & separate meters for Gas & Electric. Water is on one meter billed back to Tenants. Serious Pre-Qualified Buyers Only.

Tracy Barkalow Barkalow & Associates, Realtors

1014 Oakcrest St, Iowa City, IA 52246
/27
$350,000
- 2,576 Sq Ft
1229 Rhomberg Ave, Dubuque, IA 52001

Fully leased and ready for new owner! Drive by today to see this exceptional brick multi-family and commercial property (2 parcels) that anchors the corner lot at 1229-1233 Rhomberg Ave, in Dubuque, IA. Add diversity to your portfolio with this up-down, two family duplex and the attached main level commercial storefront that is currently a child care center, with a large apartment above. Has been

Rachel Cheeney, Owner / Broker Pro Resource Realty

1229 Rhomberg Ave, Dubuque, IA 52001
/40
$379,900
- 2 Beds
- 2 Baths
- 2,250 Sq Ft
328 N 6th St, Oskaloosa, IA 52577

The transformation is amazing on this property!!! This South Duplex used to be the kitchen, restrooms and meeting rooms of the church. This beautiful space is now 2250sf of wow!! Open concept kitchen with granite and custom-made wood waterfall countertops. The white glass Samsung appliances are amazing. The tiled fireplace with waterfall mantle was custom made. The guest room has a large

Ruthi Rogers Legacy Real Estate Group

328 N 6th St, Oskaloosa, IA 52577
/14
$255,000
- 5 Beds
- 2 Baths
- 1,756 Sq Ft
2206 S Lakeport St, Sioux City, IA 51106

Are you a savvy investor looking for a turn-key, cash-flowing duplex? Look no further! This well-maintained duplex has been extensively updated, ensuring peace of mind for years to come. The property features a new roof (2018) and water heater (2023). Additionally, it boasts updated electrical and plumbing systems and has received modern updates throughout, enhancing its appeal to tenants. With 3

Daniel Nguyen United Real Estate Solutions

2206 S Lakeport St, Sioux City, IA 51106
/46
$339,900
- 4 Beds
- 2 Baths
- 988 Sq Ft
1339 Dolen Place, Iowa City, IA 52246

Opportunity knocks with this duplex rental property fully leased through May 2026, rental permit and ready for new landlord. This property is apart of a 1031 exchange and has great rental history. The discerning investor will love the location and how close it is to the university of Iowa hospitals and clinics. Close to bus stop, shopping and parks. Great schools and yes close to I-80.

Gwen Johnson Skogman Realty Co.

1339 Dolen Place, Iowa City, IA 52246
/26
$440,000
- 6 Beds
- 6 Baths
- 1,210 Sq Ft
1501 Watson Way, Parkersburg, IA 50665

This is the INVESTMENT OPPORTUNITY you've been looking for! With a great incoming income, located in a prime Parkersburg neighborhood with views of the beautiful golf course. Each side boasts 3 bedrooms, 3 bathrooms, and plenty of living space, complete with modern, quality finishes and appliances. The outdoor space is ready for entertaining and relaxing, with a deck on each side and ample

Tracy Mudd Vine Valley Real Estate

1501 Watson Way, Parkersburg, IA 50665
/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
/11
$162,000
- 4 Beds
- 3,456 Sq Ft
223 S Lincoln Ave, Davenport, IA 52802

Great rental opportunity in Davenport. Each unit has a designated parking spot, eat in kitchen, full bath, bedroom, living room and 8 x 14 storage unit in the basement. The basement also has washer & dryer hookups. There is additional storage in the basement, street parking and the property comes with the adjoining parcel (J0024-48) which is the parking lot. The roof and boiler were replaced

Troy Stierwalt Realty One Group Opening Doors

223 S Lincoln Ave, Davenport, IA 52802
/15
$1,176,000
- Studio
- 4 Baths
- 7,372 Sq Ft
9125-9143 Calvin Dr, West Des Moines, IA 50266

Stanbrough Realty Company is pleased to offer the opportunity to acquire Manchester Village Townhomes, a modern 12-unit townhome community located in West Des Moines, IA. Constructed in 2022-2023, Manchester Village comprises 12 spacious units, each featuring 3 bedrooms and 2.5 bathrooms.These thoughtfully designed townhomes boast open floor plans with large windows that fill the space with

Andrew McCune Stanbrough Realty Company

9125-9143 Calvin Dr, West Des Moines, IA 50266
/10
$1,164,000
- Studio
- 4 Baths
- 7,372 Sq Ft
334-358 Harmony Ave, West Des Moines, IA 50266

Stanbrough Realty Company is pleased to offer the opportunity to acquire Manchester Village Townhomes, a modern 12-unit townhome community located in West Des Moines, IA. Constructed in 2022-2023, Manchester Village comprises 12 spacious units, each featuring 3 bedrooms and 2.5 bathrooms.These thoughtfully designed townhomes boast open floor plans with large windows that fill the space with

Andrew McCune Stanbrough Realty Company

334-358 Harmony Ave, West Des Moines, IA 50266
/10
$1,176,000
- Studio
- 2 Baths
- 5,529 Sq Ft
302-326 Harmony Ave, West Des Moines, IA 50266

Stanbrough Realty Company is pleased to offer the opportunity to acquire Manchester Village Townhomes, a modern 12-unit townhome community located in West Des Moines, IA. Constructed in 2022-2023, Manchester Village comprises 12 spacious units, each featuring 3 bedrooms and 2.5 bathrooms.These thoughtfully designed townhomes boast open floor plans with large windows that fill the space with

Andrew McCune Stanbrough Realty Company

302-326 Harmony Ave, West Des Moines, IA 50266
/14
$199,000
- 4 Beds
- 5,280 Sq Ft
122 E 17th St, Davenport, IA 52803

This building not only offers four spacious one bedroom apartments but includes over 2600 square foot of main level office/retail space plus a full basement. There is on street parking in the front that was resurfaced in 2024 plus a large parking lot in the back. Each apartment has front door and backdoor access as does the main level office/retail space. Apartments rented for $550/month.

Troy Stierwalt Realty One Group Opening Doors

122 E 17th St, Davenport, IA 52803
/12
$279,900
- 5 Beds
- 2,532 Sq Ft
706 Myatt Dr Unit A & B, Maquoketa, IA 52060

If you are a serious investor, you will certainly want to take advantage of this opportunity. this is an excellent income producing ranch, side by side duplex, in a great location, close to Maquoketa country club. These are very nice, well maintained units. This is a "must see" opportunity in a nice neighborhood.

Phil Bousselot Associated Real Estate Counselors DeWitt

706 Myatt Dr Unit A & B, Maquoketa, IA 52060
/6
$5,800,000
- 6 Beds
- 6 Baths
- 22,860 Sq Ft
329 12th Ave SE, Cedar Rapids, IA 52401

329 on 12th is a Mixed-Use Investment opportunity located in the heart of the NewBo District in Cedar Rapids, Iowa. Built in 2017, this Class A Investment property consists of 20 market-rate residential apartment units and 9,398 SF of fully leased Commercial Office space. For more information about 329 on 12th or to schedule a showing, contact listing broker only. Confidentiality Agreement

Craig Byers Q4 Real Estate

329 12th Ave SE, Cedar Rapids, IA 52401
/22
$44,900
- 2,464 Sq Ft
1919 S Main St, Burlington, IA 52601

Use your imagination to bring this building back to life! Many new windows have been installed and there is potential for this to be an income producing property. Great location for parks, walking and more. Attached 2 car garage and additional parking of of the alley. Bring your skills and take a look today. Currently property is not used but had been a salon in the front portion with a one

Deb Fowler Century 21/Property Profession

1919 S Main St, Burlington, IA 52601
/26
$61,900
- 1,764 Sq Ft
1329 Des Moines St, Keokuk, IA 52632

100% OCCUPIED DUPLEX POSITIONED ON A CORNER LOT WITH A 2 CAR GARAGE. BOTH TENANTS WOULD LIKE TO REMAIN IF PURCHASED BY AN INVESTOR. ALLOW 24 HOUR NOTICE FOR VIEWING.

Lisa Cecil Vandenberg Real Estate

1329 Des Moines St, Keokuk, IA 52632
/31
$675,000
- Studio
- 8 Baths
- 8,631 Sq Ft
2419 Cottage Grove Ave, Des Moines, IA 50311

Introducing The Cutler Apartments, a historic gem located just blocks from Drake University, Downtown, and Interstate 235, offering unparalleled convenience for residents. This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy 2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space. Great

Chase Keller CHASE Collective

2419 Cottage Grove Ave, Des Moines, IA 50311
/23
$299,000
- 9 Beds
- 5 Baths
- 1,125 Sq Ft
414,418-420,422 N Willow St, Paullina, IA 51046

5-Plex Property. All units are occupied. 414: (Green Home) 3 bed, 1 full bath. Baseboard electric heat, p-tac cooling unit, electric 20 gallon water heater, LVP flooring, stove included, steel roof, updated vinyl sliders on most windows. Occupied and Rents for $700/mo.418: (Tan Home) 1 bed, 1 full. bath. Mini-split a/c unit. Occupied and Rents for $525/mo. 420: (Tan Home) 2 bed, 1 full. bath.

Adam Doughan Real Broker, LLC

414,418-420,422 N Willow St, Paullina, IA 51046
/16
$249,000
- 2 Beds
- 2 Baths
- 1,400 Sq Ft
101 S Marion St, Mount Pleasant, IA 52641

The Monroe Luxury Condos are Luxury living at its best. This Master craftmanship 2 bed, 2 car, 2 full bath condo has high-end features that make this ground level condo one you can't pass up. This new modern open concept floor plan with high end cabinetry, a spacious island, and granite countertops optimizes space downsized living while still able to entertain. The master bedroom suite features a

Russell Yoder Lepic-Kroeger

101 S Marion St, Mount Pleasant, IA 52641
/25
$221,950
- 2,143 Sq Ft
425 27th Ave Unit 29, Amana, IA 52203

Unique investment opportunity in the peaceful setting near the Amana Colonies Golf Course, one of Iowa's finest golf venues. Originally built as a stay and play unit now being used as a dual family residence. Most likely long term tenants. Each unit has 2 bedrooms and 2 baths a great view of the Iowa river valley and the Lilly lake. A recent assessment for the purpose of building reserves for

Terry Knake SKOGMAN REALTY COMMERCIAL

425 27th Ave Unit 29, Amana, IA 52203
/2
$50,000
- 3 Beds
- 2 Baths
- 1,301 Sq Ft
505 E 3rd St, Spencer, IA 51301

Investor special! Bring your skillset and ingenuity into this duplex, and restore it into your next income-producing property. A two-bedroom home on the main level and a studio apartment--with a separate entrance--on the second floor.

Kate Padilla eXp Realty LLC

505 E 3rd St, Spencer, IA 51301
/7
$185,000
- 3,700 Sq Ft
503 D Ave, Vinton, IA 52349

Two separate buildings make up this 5 unit complex. The home has three units and the duplex is separate from the home and has a 2 stall garage. This property has long-term renters and income potential. Call Mike for details 319-560-1810

Constance Barnes Barnes Real Estate

503 D Ave, Vinton, IA 52349
/11
$3,685,000
- 17 Beds
- 16 Baths
1559-1672 Ponds Edge, North Liberty, IA 52317

Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,000/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,430,000 for the 9 condo units ($270,000/unit) and

Mark Lynch Skogman Realty Co.

1559-1672 Ponds Edge, North Liberty, IA 52317

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