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Iowa Multifamily Homes & Duplexes for Sale

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  • /25

    $255,000

    • 1,144 Sq Ft

    2404 Olive St, Cedar Falls, IA 50613

    Large duplex close to UNI campus with great rental history and appeal. Both units are very large and have many updates. Fresh paint and new flooring enhance the appeal for prospective tenants. Gross rents are $2300 per month and tenants pay all utilities. Tons of paved off street parking and plenty of upside in rent rates. This property may also be sold in a package with other listings located

    Bond Shymansky Skogman Realty

    2404 Olive St, Cedar Falls, IA 50613
  • /23

    $765,000

    • 6,540 Sq Ft

    1337 Main St, Dubuque, IA 52001

    Investor Alert! 1337 Main St., 8 Plex: Six 2Bedroom/1Bath,one 3Bedrm/1Bath & one 1Bedrm/1Bath Fully rented units. 9 Electric meters, (9th one is for the common areas that the owner pays), laundry facility and a paved parking lot! Note: Unit #8 is 2 BR/1 BA, M to M lease rent & deposit $850.00 ea. The first 7 interior pics are Unit#6, the next 2 are Unit#3, the next 5 are Unit#2 and the last 5

    Pamela Helmer Ruhl & Ruhl Realtors

    1337 Main St, Dubuque, IA 52001
  • /26

    $399,999

    • 3 Beds
    • 2 Baths
    • 1,432 Sq Ft

    3212 Prairie Meadow Dr Unit A, Milford, IA 51351

    Get ready to be impressed!!! 3 bed 2 bath Duplex in the beautiful Nature Trails neighborhood! Gorgeous finishes! Awesome back yard views! Association pool! Set up your private viewing today!

    Charlie Leissler RE/MAX Lakes Realty

    3212 Prairie Meadow Dr Unit A, Milford, IA 51351
  • /20

    $280,000

    • 1,154 Sq Ft

    1113 Rainbow Dr, Waterloo, IA 50701

    Great cash flow rental property located in quiet neighborhood in west Waterloo. TWO separate duplexes on the property create a combined gross rent of $2825 per month. The house is split into two units, a two bedroom on the first floor and a one bedroom on the upper floor. The newer duplex building situated in the back part of the property was constructed as a duplex and both units are one bed one

    Bond Shymansky Skogman Realty

    1113 Rainbow Dr, Waterloo, IA 50701
  • /12

    $94,900

    • 869 Sq Ft

    507 King St, Fayette, IA 52142

    Start your investment portfolio or add to it with this income-generating duplex in Fayette! Both units are two bedrooms & one bath. The yard offers space to play or relax and the deck gives you the option for morning coffee or early evening meals. An oversized 34' x 28' garage is located at the back of the property and has a bath and workshop. There is also convenient parking in the front and

    Tade Kerndt Viking Realtors

    507 King St, Fayette, IA 52142
  • /28

    $105,000

    • 2 Beds
    • 1,224 Sq Ft

    2349 W 2nd St, Davenport, IA 52802

    Very well maintained duplex. Both units have been updated turn key rental fully occupied

    Ray McDevitt Ruhl&Ruhl REALTORS Bettendorf

    2349 W 2nd St, Davenport, IA 52802
  • /24

    $229,000

    • 3 Beds
    • 2 Baths
    • 2,168 Sq Ft

    3106 Zenith Ave, Spirit Lake, IA 51360

    Price Includes $7,500 flooring allowance !! A well cared for 3 bedroom 2 bath home in a great neighborhood! A great floor plan with master bedroom up and 2 bedrooms downstairs, 2 family rooms and a 2 stall attached garage creates great space for everyone! A must see, centrally located only a few blocks from the hospital, the school, church and daycares!

    Lezlie Boetel - Pohlman Hinn Real Estate

    3106 Zenith Ave, Spirit Lake, IA 51360
  • /60

    $299,000

    • 2,276 Sq Ft

    2050 Sapphire Ln, Fairfield, IA 52556

    This high quality duplex in beloved North Campus Village is one of the best finds in the neighborhood. Beautifully landscaped yard and a private 2 car garage on the lot! The main floor unit offers a spacious living room open to the dining area and adjoins the functional, stylish and fully equipped kitchen. 2 nice bedrooms with en-suite half baths, shower room accessed from the hall and additional

    Michaela Mclain Village Realty

    2050 Sapphire Ln, Fairfield, IA 52556
  • /21

    $895,000

    • 16 Beds
    • 8 Baths
    • 5,200 Sq Ft

    3329 2nd Ave, Council Bluffs, IA 51501

    Amazing Investment Opportunity! This partially renovated 8 plex consists of all spacious 2 bed 1 bath units. Eat-in kitchens with Microwave, Range, Fridge set ups & lots of natural light. 4 units up and 4 units down. Shared Laundry on 2nd level. 8 dedicated parking spaces. Room for Value ad potential in both Cap Ex improvements and rent increases. Surrounded by New Developments only boosting

    Sean Petersen NP Dodge RE Sales Inc 148Dodge

    3329 2nd Ave, Council Bluffs, IA 51501
  • /32

    $112,500

    • 5 Beds
    • 1,513 Sq Ft

    1607 W 8th St, Davenport, IA 52802

    Great Investment Opportunity! This Cozy 1.5 story Home is currently rented out and the new buyer will take over the lease. Start earning Residual Income immediately! This home is in a convenient location and features a large yard, huge back deck, enclosed sun porch and more! 5 Bedrooms and 2 Bathrooms and over 1,500 sqft! Don't let this incredible investment opportunity pass you by! This home has

    Zach Frick eXp Realty

    1607 W 8th St, Davenport, IA 52802
  • /17

    $190,000

    • 1,000 Sq Ft

    1316 Main St, Cedar Falls, IA 50613

    Great investment in prime location on Main St in Cedar Falls. Fully rented duplex with strong rental history. Brand new roof, fresh paint and updates to the upper unit. Long term main floor tenant. Tenants pay all their own utilities. Gross rents for both units are $1700 a month. This property may also me purchased as part of a group of properties owned by the same LLC. Other properties are

    Bond Shymansky Skogman Realty

    1316 Main St, Cedar Falls, IA 50613
  • /20

    $235,000

    • 1,000 Sq Ft

    2415 Olive St, Cedar Falls, IA 50613

    Classic three story rental duplex located right next to UNI campus. Strong rental history with current tenants. Tenants pay all utilities. Gross rents are currently $2,150 per month. Many improvements inside and out. New exterior stairs for both units, fresh paint in the upper unit, and new water heater. The first level unit has 2 beds and 1 bath, with in unit washer and dryer. The upper

    Bond Shymansky Skogman Realty

    2415 Olive St, Cedar Falls, IA 50613
  • /29

    $270,000

    • 2 Beds
    • 2 Baths
    • 1,472 Sq Ft

    415 Church St, Iowa City, IA 52245

    New Price on this great opportunity to invest in this charming home with character to spare! Leases signed until end July 2026 & extra parking income too. History is key in this cute & functional home close to downtown Iowa City with many stories to tell since it is part of the original town of Iowa City.... Large yard surrounds this sunny up/down duplex. Tenant pays utilities - gas & electric

    Kathryn Fobian Edge Realty Group

    415 Church St, Iowa City, IA 52245
  • /2

    $87,900

    • 5 Beds
    • 2,886 Sq Ft

    701 S Bluff Blvd, Clinton, IA 52732

    Check out this fourplex investment opportunity!

    Daniel Lind Lind Realty

    701 S Bluff Blvd, Clinton, IA 52732
  • /12

    $1,165,000

    • 8 Beds
    • 4 Baths
    • 930 Sq Ft

    350 Cayman St, Iowa City, IA 52245

    What an opportunity! Eight unit building that are condos - property tax savings and ability to sell individually! Built by owner in 1993 and managed by same. No sprinkler system and no fireplaces. Building has SIX total garages of varying sizes. Two would fit three cars. Many recent updates include: nearly all lights replaced in unit and halls with LED. All flooring in units have been replaced

    Le Ann Dunne Lepic-Kroeger, REALTORS

    350 Cayman St, Iowa City, IA 52245
  • /19

    $699,000

    • 8 Beds
    • 8 Baths
    • 1,904 Sq Ft

    826 Page St, Iowa City, IA 52240

    GREAT investment property just south of downtown area with easy access. Built by owner in 1983 on a quiet tree-lined street. Four units on two parcels (826-828: 1015180003 and 832-834:1015180004). One unit (834) has had a high-end remodel in recent years including wood floors in the kitchen, living room and hallway. Tile in the bathrooms and carpet in the bedrooms. Stainless steel appliances.

    Le Ann Dunne Lepic-Kroeger, REALTORS

    826 Page St, Iowa City, IA 52240
  • /18

    $3,300,000

    • 5 Beds
    • 5 Baths
    • 5,025 Sq Ft

    136 Main St, McGregor, IA 52157

    This historic apartment/commercial building is a true gem nestled in the heart of Mc Gregor, IA. Built in 1866 and completely refurbished from 2021-2023, this architectural masterpiece boasts original details that whisper stories of the past, seamlessly blended with contemporary conveniences for today's discerning resident. Admire the preserved period details, including some hardwood floors, huge

    Jonathan Miles Jon Miles Real Estate

    136 Main St, McGregor, IA 52157
  • /8

    $245,000

    • 2,008 Sq Ft

    200 210 S Washington, Eagle Grove, IA 50533

    Rent is 855.00 per unit. Owner pays water & elec.

    Michael Ryerson Ryerson Realty LLC

    200 210 S Washington, Eagle Grove, IA 50533
  • /11

    $245,000

    • 2,240 Sq Ft

    324 S Washington Ave, Eagle Grove, IA 50533

    Contact agent for showings. 24 Hour notice. Appliances not included. 1 year lease then month to month. Rent is $ 855.00 per month. Owner pays water & elec.

    Michael Ryerson Ryerson Realty LLC

    324 S Washington Ave, Eagle Grove, IA 50533
  • /4

    $247,000

    • Studio
    • 1 Bath
    • 1,408 Sq Ft

    3025 E Douglas Ave, Des Moines, IA 50317

    this well-maintained duplex offers a perfect addition to any investment portfolio or a great option for the house hacking method. Each unit features 2 bedrooms, 1 bathroom, and includes all appliances, making it move-in ready for tenants.Key Features:2 beds / 1 bath per unitAll appliances includedTenants responsible for yard care and utilitiesNewer roof and

    Madalin Akers United Real Estate Profess

    3025 E Douglas Ave, Des Moines, IA 50317
  • /4

    $247,000

    • Studio
    • 1 Bath
    • 1,408 Sq Ft

    3019 E Douglas Ave, Des Moines, IA 50317

    this well-maintained duplex offers a perfect addition to any investment portfolio or a great option for the house hacking method. Each unit features 2 bedrooms, 1 bathroom, and includes all appliances, making it move-in ready for tenants.Key Features:2 beds / 1 bath per unitAll appliances includedTenants responsible for yard care and utilitiesNewer roof and

    Madalin Akers United Real Estate Profess

    3019 E Douglas Ave, Des Moines, IA 50317
  • /22

    $190,000

    • 1,440 Sq Ft

    811 N 7th St, Chariton, IA 50049

    This side-by-side duplex with two-car attached garage and additional off-street parking offers a great opportunity! New roof in June 2025. Both units offer two bedrooms, 3/4 bathroom on the main floor, large living room, and kitchen. Separate basement space for both units with storage area, laundry, and 3/4 bathrooms. Appliances in north unit will remain and include refrigerator, range, washer

    Hilary Masters Masters Realty LLC

    811 N 7th St, Chariton, IA 50049
  • /28

    $130,000

    • 2,480 Sq Ft

    369 15th St SE, Cedar Rapids, IA 52403

    Great investment opportunity! Check out this upper/lower duplex with many updates. Both units are vacant so you can interview and choose your own tenants. Lower Unit is 2 Bedroom. Upper Unit is 3 Bedroom. NEW ROOF on the property. New flooring in areas of each unit, Updated or refreshed cabinets. Updated bathrooms. New vinyl windows installed with existing updated windows in the units. Tenants

    Tracy Engelbart REAL ESTATE AMERICA, INC.

    369 15th St SE, Cedar Rapids, IA 52403
  • /24

    $265,000

    • 7 Beds
    • 3 Baths
    • 1,028 Sq Ft

    1101 11th St, Sioux City, IA 51105

    Two 2 bedroom units and one 3 bedroom unit in this property. Stove and refrigerator in each unit. Off Street parking for each unit.

    Jesse Derrick Riverstone Realty

    1101 11th St, Sioux City, IA 51105
  • /32

    $165,000

    • 2,822 Sq Ft

    116 N 2nd St, Keokuk, IA 52632

    Unique Investment Opportunity! Duplex + Single-Family Home on One Property. 4 Total Beds & 4 Total Full Baths. Discover the perfect blend of functionality, and income potential with this exceptional property. The Duplex: Built in 1910 with 1666 sq ft. Classic up-and-down rental units, each offering 1 bedroom and 1 bathroom. Ideal for generating rental income or multi-generational living. The

    Lisa Johnson Weichert Realtors-The Massimo Group

    116 N 2nd St, Keokuk, IA 52632
  • /4

    $138,000

    • 2,435 Sq Ft

    1604 5th Ave, Grinnell, IA 50112

    Come see this large tri-plex income property, located just six blocks from Grinnell College. Nestled in a residential area, the home consists of rental units in the lower level, main floor and the second story. The top floor unit provides three bedrooms, the main level has two bedrooms and the lower level has one bedroom. Tenants appreciate having a nice front deck and a very large backyard. The

    Dedee Lehman All In Real Estate Inc

    1604 5th Ave, Grinnell, IA 50112
  • /13

    $1,499,000

    • 15 Beds
    • 12 Baths
    • 7,632 Sq Ft

    3300 Sunner Ave Unit Bldg B, Spirit Lake, IA 51360

    An Investment Opportunity with Steady Income! Hawthorn Townhome Building B. Built in 2016. 6 total units: three 3-Bedroom/2 Bath units and three 2-Bedroom/2 Bath units. Each unit is 1,272 SF plus a single stall attached garage. Well maintained with steady rent roll. Great Potential with the ability to do Long Term Rentals, Short Term Rentals, or Mid Term Rentals for traveling/temporary employees.

    Peggy Bergh-Kuker Keller Williams Okoboji

    3300 Sunner Ave Unit Bldg B, Spirit Lake, IA 51360
  • /14

    $1,499,000

    • 15 Beds
    • 12 Baths
    • 7,632 Sq Ft

    3300 Sunner Ave Unit Bldg A, Spirit Lake, IA 51360

    An Investment Opportunity with Steady Income! Hawthorn Townhome Building A. Built in 2016. 6 total units: three 3-Bedroom/2 Bath units and three 2-Bedroom/2 Bath units. Each unit is 1,272 SF plus a single stall attached garage. Well maintained with steady rent roll. Great Potential with the ability to do Long Term Rentals, Short Term Rentals, or Mid Term Rentals for traveling/temporary employees.

    Peggy Bergh-Kuker Keller Williams Okoboji

    3300 Sunner Ave Unit Bldg A, Spirit Lake, IA 51360
  • /11

    $80,000

    • 4 Beds
    • 2 Baths
    • 1,064 Sq Ft

    73 Lafayette St, Waterloo, IA 50703

    Duplex for sale. 2 bedroom, 1 bath units, very spacious and kept in great condition. Great investor property. Come check it out and you will be very satisfied.

    Abigail Matamoros Berkshire Hathaway Home Services One Realty Centre

    73 Lafayette St, Waterloo, IA 50703
  • /8

    $165,000

    • 2,748 Sq Ft

    1416 3rd Ave SE, Cedar Rapids, IA 52403

    4-Plex Alert! A rare opportunity to own a charming and income-generating 4-plex in one of Cedar Rapids’ most strategic and revitalized locations—close to the thriving MedQuarter district. Whether you’re a first-time buyer or looking to offset your mortgage with rental income, this property is a smart move.Featuring two spacious 1-bedroom units and two 2-bedroom units, this home offers flexibility

    Cindy Guckenberger Key Realty

    1416 3rd Ave SE, Cedar Rapids, IA 52403
  • /20

    $370,000

    • 1 Bed
    • 1 Bath
    • 4,289 Sq Ft

    310 W Plum St, West Union, IA 52175

    Don't miss this rare chance to own a well-maintained fourplex, built in 1995 ,featuring four spacious units- each with its own attached two car garage. These highly desirable units boast a low vacancy rate and consistent rental income, making it an ideal investment for both new and seasoned investors. This property has been well cared for, reflecting pride of ownership and offering long-term

    Lisa Wescott Homestead Realty, LLC

    310 W Plum St, West Union, IA 52175
  • /10

    $172,500

    • 8 Beds
    • 4,416 Sq Ft

    417 E 6th St, Davenport, IA 52803

    Davenport Iowa Real Estate For Sale! This Includes 2 Side by Side Duplexes with Separate Utilities that Tenants pay Electric, Gas, Water, & Sewer. $4,000 /Month+ Rent Potential for all Units! Great Investment Opportunity, 1 Additional Property on Same Block & 5 Additional Properties on E. 7th Street For Sale! Only $39 per Square Feet!! Priced $56,600 UNDER Assessed Value!!

    Lucky Lang II Mel Foster Co. Davenport

    417 E 6th St, Davenport, IA 52803
  • /17

    $290,000

    • 3,840 Sq Ft

    705 Iowa 150, West Union, IA 52175

    Investment opportunity awaits!!! This2.19 acre property has a 3 bedroom/2 bath home, a 2 car detached garage with a 1bdr apartment up above the garage, along with a 15 unit motel. This property is mostly made up of long/short term rentals.

    Lisa Wescott Homestead Realty, LLC

    705 Iowa 150, West Union, IA 52175
  • /10

    $750,000

    • 9,154 Sq Ft

    3403 1st Ave SW, Cedar Rapids, IA 52405

    House Legal Description: EAST KENWOOD PARK W 40' STR/LB 16 1 Parcel Number for all 3 properties: 14113-26007-00000, 14113-26006-00000, 14113-26008-00000. Zoning for 3403, 3409 is traditional mixed-use center. Zoning for 114th 34th St Dr. SE is Suburban Residential Flex. All 3 Parcels are included in this listing. Redevelopment opportunity or investment income opportunity with great traffic counts

    Travis Burke Keller Williams Legacy Group

    3403 1st Ave SW, Cedar Rapids, IA 52405
  • /5

    $130,000

    • Studio
    • 2 Baths
    • 1,676 Sq Ft

    1503 Forest Ave, Des Moines, IA 50314

    This duplex at 1503 Forest Ave, Des Moines offers two rental units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit; perfect for investors looking for steady rental income. It comes with a current rental certificate and has been upgraded through the City of Des Moines Weatherization Program, improving energy efficiency. Additional highlights include a brand-NEW furnaces one for each unit

    Ingrid Williams RE/MAX Concepts

    1503 Forest Ave, Des Moines, IA 50314
  • /29

    $116,900

    • 3,238 Sq Ft

    609 W Montgomery St, Creston, IA 50801

    Prime Creston Investment property! This four-plex property provides residents with convenient access to shops, restaurants and events, The property is comprised of four units, including one-bedroom and two-bedroom apartments. This property features a 46x22 four-car detached garage and an additional 60x120 lot, providing an ideal setup for someone looking to reside in one unit while generating

    Ken Callahan Callahan Real Estate

    609 W Montgomery St, Creston, IA 50801
  • /10

    $185,000

    • 3,443 Sq Ft

    333 Chase St, Osage, IA 50461

    This investment property is a 6 unit apartment building located in Osage on a large corner lot with a four stall garage. This building offers one, two and three bedroom apartments with appliances. Some recent updates have been done.

    Clarence Kruse Main Realty

    333 Chase St, Osage, IA 50461
  • /57

    $149,900

    • 3,122 Sq Ft

    315 Morgan St, Keokuk, IA 52632

    Stunning Triplex with Carriage House and Premium Upgrades! This beautifully renovated triplex offers an excellent opportunity for investors or owner-occupants seeking rental income. Included is a charming carriage house in the back, currently being used for storage but offering potential for future use or conversion. UNIT 1 is located on the main level and features 2 bedrooms, 1 updated bathroom,

    Lisa Johnson Weichert Realtors-The Massimo Group

    315 Morgan St, Keokuk, IA 52632
  • /15

    $274,900

    • Studio
    • 4 Baths
    • 2,463 Sq Ft

    518 35th St, Des Moines, IA 50312

    4-Plex in PRIME location right between Grand and Ingersoll Avenues! Don't miss this opportunity! 4 Units include two 2-BRs, one 1-BR, and 1 studio. Recent cosmetic updates such as neutral paint, flooring, and some kitchen and BA updates provide a fresh look and feel to the units! Each unit features a kitchen with fridge and stove. Coin laundry on site. Parking lot behind building provides plenty

    Beth Ernst Keller Williams Realty GDM

    518 35th St, Des Moines, IA 50312
  • /5

    $75,000

    • 4 Beds
    • 3,862 Sq Ft

    2024 W 6th St, Davenport, IA 52802

    This Property is ready for your vision! It's a work in progress and needs a bit of TLC. Structure is solid, 1 unit is a very easy turn, 2 more are a slightly more involved turn (due to roof issue) and 1 unit needs a little more due to age. Roof needs work, you can determine which fix you want (repair or new). Make an offer! Gain a great investment property!

    Marian Stallings EXIT Realty Fireside

    2024 W 6th St, Davenport, IA 52802

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