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Triplex for Sale in Iowa

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  • /32

    $199,000

    • 2,798 Sq Ft

    415 E Main St, Montezuma, IA 50171

    Looking for an investment property that cash flows almost immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,250 (Main level - 1 BR $650, 1 BR $700, Upper level - 3 BR $900). Tenants pay for their own utilities. The owner pays for mowing and snow removal. Parts of all three units have been updated within last

    Agent Photo

    Andy Erselius

    AE Realty, Inc

    (641) 647-6050

    415 E Main St, Montezuma, IA 50171
  • /33

    $250,000

    • 4 Beds
    • 3.5 Baths
    • 2,623 Sq Ft

    317 7th St, West Des Moines, IA 50265

    Excellent investment opportunity in Valley Junction! 317 7th St West Des Moines, IA triplex offers three separate rental units: two main-floor units and a spacious upper unit with two bedrooms and an additional flex space in the finished attic. Unit 101 and 103 are both studio apartments with a living area, spacious kitchen and full bathroom. Unit 201 consists of 2 bedrooms, separate kitchen and

    Agent Photo

    Jason Rude

    RE/MAX Precision

    (515) 316-5972

    317 7th St, West Des Moines, IA 50265
  • /23

    $119,900

    • 2,474 Sq Ft

    702 E Main St, Marshalltown, IA 50158

    Calling all landlords! Opportunity is knocking. This triplex is located on a nice corner lot and close to downtown. Main unit has spacious floor plan and 2 bedrooms. Upper two units are 1 bedrooms. Permanent siding and off-street parking! Property is being sold as is. Call today to schedule your tour!

    Agent Photo

    Kajun Morris

    No Limits Real Estate

    (641) 216-6441

    702 E Main St, Marshalltown, IA 50158
  • /17

    $175,000

    • 1,934 Sq Ft

    1517 2nd Ave SE, Cedar Rapids, IA 52403

    Historic charm meets modern investment opportunity in this well-maintained three-unit multifamily property located in the heart of Cedar Rapids. Listed on the Historical Registry, this beautifully preserved home features one efficiency apartment, one two-bedroom unit, and one spacious three-bedroom unit with one and a half baths—offering flexibility for a variety of tenant needs.Recent

    Courtney Blair SKOGMAN REALTY CORRIDOR

    1517 2nd Ave SE, Cedar Rapids, IA 52403
  • /43

    $549,000

    • 5 Beds
    • 4 Baths
    • 5,021 Sq Ft

    2000 Mansion Dr, Maharishi Vedic City, IA 52556

    Discover this exceptional Vastu property with over 5,000 sq. ft. of elegantly appointed luxury and adaptability, located in the Mandala 2 neighborhood in the heart of Vedic City. Each area has expansive rooms filled with natural light and refined finishes throughout including crystal chandeliers. This home has lots of creative spaces for all your activities. Thoughtfully designed for flexibility,

    Joanne Terrien Village Realty

    2000 Mansion Dr, Maharishi Vedic City, IA 52556
  • /42

    $498,000

    • Land
    • 6 Acres
    • $83,000 per Acre

    2309 Kale Blvd, Fairfield, IA 52556

    This beautiful country estate is currently being utilized as a triplex, but can very easily be converted to a 4 bedroom / 2 bath single family residence with attached guest quarters! You’ll love the open concept kitchen / dining / living room space; vaulted ceilings with skylights; and sliding doors to the deck where you can enjoy views of timber and wildlife. The one bedroom / one bath guest

    Loren Town Fairfield Real Estate

    2309 Kale Blvd, Fairfield, IA 52556
  • /12

    $358,000

    • 6 Beds
    • 3 Baths
    • 2,520 Sq Ft

    800 Valley View Dr, Ida Grove, IA 51445

    Steady Rentals, Practical Layout — 3-Unit Complex. Discover a fully occupied triplex with strong rental appeal, ideally located at 800 Valley View Drive. This property features three maintained units—Each unit is currently rented, providing immediate income for the next owner. Adding to the value are three individual garage stalls with doors and dividers, giving tenants the convenience and

    Kelly Bierl Hometown Realty

    800 Valley View Dr, Ida Grove, IA 51445
  • /33

    $215,000

    • 4 Beds
    • 2 Baths
    • 2,524 Sq Ft

    203 E Ash St, Winfield, IA 52659

    Step into the charm of the early 1900s with this spacious 2,000+ sq ft property on over a quarter of an acre. Currently configured as a triplex—with a 2 bed/1 bath unit, a 3 bed/1 bath unit, and a studio apartment, each with their own kitchen and laundry—it could easily be converted back into a stunning 4-bedroom, 2-bath single-family home by simply opening a few doors. Original wood floors and

    Farrah Nelson Skogman Realty

    203 E Ash St, Winfield, IA 52659
  • /20

    $325,000

    • 6 Beds
    • 3 Baths
    • 3,032 Sq Ft

    2909 Ridge Ave, Sioux City, IA 51106

    Discover a fantastic investment opportunity with this well-maintained triplex, situated in a prime location just steps away from Morningside University Each of the three spacious units features 2 bedrooms, 1 full bathroom, and the convenience of in-unit laundry with a washer and dryer included. The top-floor unit is filled with natural light from large windows, offering sweeping views of the

    Jessica Jager Century 21 ProLink

    2909 Ridge Ave, Sioux City, IA 51106
  • /2

    $164,500

    • Studio
    • 2,014 Sq Ft

    301 N Broadway St, Toledo, IA 52342

    If you're looking for a dependable income-producing property, this fully rented triplex is a standout opportunity. Currently generating over $2,000/month in gross rents, this asset delivers strong cash flow from day one with stable tenants already in place. Located in the heart of Tama County, this property sits in a steady rental market with consistent demand, making it ideal for buy-and-hold

    Ben Grotzke LPT Realty, LLC

    301 N Broadway St, Toledo, IA 52342
  • /2

    $130,000

    • 6 Beds
    • 2,578 Sq Ft

    712 6th Ave S, Clinton, IA 52732

    This triplex is currently fully rented with each tenant paying their own electricity. TONS of updates within the last 10 years. Main level is a 3 bedroom, 1.5 bathroom and full unfished basement access. Upstairs has a 2 bedroom unit and an efficiency unit.

    Lindsay Morhardt Ruhl&Ruhl REALTORS Clinton

    712 6th Ave S, Clinton, IA 52732
  • /19

    $132,400

    • 5 Beds
    • 3 Baths
    • 2,346 Sq Ft

    120 5th Ave E, Cresco, IA 52136

    Take a look at this spacious 5 bedroom 3 bath home. The main floor features hardwood floors, an updated kitchen, 2 half baths, laundry and 2 bedrooms. Upstairs are 3 additional bedrooms and a 3/4 bath. The master bedroom has access to a private balcony. This home has a steel roof and many vinyl replacement windows. Parking and storage will never be an issue with the detached 4 car garage. This

    Steven Burke Burke Real Estate

    120 5th Ave E, Cresco, IA 52136
  • /2

    $149,900

    • 4 Beds
    • 2 Baths
    • 2,881 Sq Ft

    3215 7th St, Des Moines, IA 50313

    Value-Add Triplex Conversion Opportunity This property is currently used as a single-family home, but it presents an excellent value-add opportunity for conversion into a tri-plex. At present, the building does not have a rental certificate, making it ideal for an investor or developer ready to update, renovate, and bring it up to code while unlocking its full income potential. With the right

    Ben Grotzke LPT Realty, LLC

    3215 7th St, Des Moines, IA 50313
  • /53

    $285,000

    • 3,624 Sq Ft

    1374 Main St, Dubuque, IA 52001

    This Main Street triplex could be your next investment opportunity with a CAP rate over 10%! This property is walking distance to downtown restaurants and shops, to Loras College, and to the upcoming UD campus for the John & Alice Butler College of Osteopathic Medicine. It features a 2-car garage and a new concrete driveway. Unit #1 is a two story apartment 4BRs & 2BTHs with 3-year-old central

    Susan Swift Ruhl & Ruhl Realtors

    1374 Main St, Dubuque, IA 52001
  • /3

    $175,000

    • 4 Beds
    • 3 Baths
    • 1,140 Sq Ft

    2605 Home St, Sioux City, IA 51109

    Check out this triplex located on Riverside Blvd, zone GC, next to Harvey's. Two efficiency apartments. Middle unit is vacant, the estimated rental income is $950-$1200. There are four bedrooms, the efficiency apartments have window air, and the middle unit has central air. There is a garage on the property. The roof was done in 2024. There are three other properties listed and will sell all four

    Terry Hoffman NextHome Tri State Realty

    2605 Home St, Sioux City, IA 51109
  • /17

    $99,900

    • 5 Beds
    • 2,492 Sq Ft

    2102 2nd Ave N, Fort Dodge, IA 50501

    Excellent opportunity to own a well-located triplex just steps from local schools, shopping, and other amenities. Each unit is separately metered, making utility management simple. One unit is currently rented to a reliable tenant, providing immediate income. The middle unit requires only minor work before it's rent-ready, offering quick potential to increase cash flow. The property features

    Nicholas Taylor Legacy Realty Group, LLC

    2102 2nd Ave N, Fort Dodge, IA 50501
  • /6

    $89,500

    • Land
    • 0.42 Acre
    • $213,095 per Acre

    4501-03-05 Whitetail Dr, Sioux City, IA 51106

    Prime Corner Lot in Elk Creek Development – Buy Now, Pay Later! This premium building lot sits at the corner of Singing Hills Blvd. and Whitetail Drive, offering a fantastic opportunity within the growing Elk Creek Development. Whether you're envisioning your dream home or a townhouse complex—duplex or triplex—this lot is the perfect fit. Elk Creek is a unique community designed for carefree

    Lisa Sissel Century 21 ProLink

    4501-03-05 Whitetail Dr, Sioux City, IA 51106
  • /16

    $210,000

    • 2 Beds
    • 3 Baths
    • 1,584 Sq Ft

    518 S Helen St, Sioux City, IA 51106

    Solid investment opportunity on Sioux City’s east side. This well-maintained triplex at 518 S Helen features three individual units: a comfortable 2-bed upper, a practical 1-bed main-level unit, and an efficient studio in the rear. Each space has seen thoughtful updates, including modern flooring and general improvements that support reliable, low-maintenance ownership. Whether you’re adding to

    Stephanie Dattolico Gateway Real Estate Advisors

    518 S Helen St, Sioux City, IA 51106
  • /5

    $89,500

    • Land
    • 0.46 Acre
    • $194,565 per Acre

    5208-10-12 Singing Hills Blvd, Sioux City, IA 51106

    A Rare Opportunity in Elk Creek Development! This oversized level .46-acre building lot is ready for your dream home, duplex, or even a rare triplex in the sought-after Elk Creek Development! Enjoy the perks of carefree living with an association fee that covers snow removal, mowing, a community clubhouse with a pool, a dog park, and stunning views of the pond. Exciting Offer! The seller is

    Lisa Sissel Century 21 ProLink

    5208-10-12 Singing Hills Blvd, Sioux City, IA 51106
  • /18

    $175,000

    • 7 Beds
    • 4 Baths
    • 4,035 Sq Ft

    1002 W Main St, Sac City, IA 50583

    Triplex Investment Opportunity-Updated, Spacious & Full of Character! This impressive 4,035 sq ft triplex offers three units, each with its own kitchen, bath, and attached garage, plus a full basement for storage and mechanicals. Ideal for investors or owner-occupants looking to live in one unit and rent the others. Property Highlights: New Roof (2015) – worry-free for years to come Unit 1: 2

    Abby G Keller Williams Okoboji

    1002 W Main St, Sac City, IA 50583
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