35

Triplex for Sale in Iowa

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  • /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.

    Agent Photo

    Terry Hoffman

    NextHome Tri State Realty

    2605 Home St, Sioux City, IA 51109
  • /31

    $189,000

    • 2,798 Sq Ft

    415 E Main St, Montezuma, IA 50171

    Looking for an investment property that can cash flow immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,200 (Main level - 1 BR $600, 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 24

    Agent Photo

    Andy Erselius

    AE Realty, Inc

    415 E Main St, Montezuma, IA 50171
  • /17

    $45,000

    • Land
    • 22,215 Sq Ft
    • $88,235 per Acre

    809 C Ave E, Albia, IA 52531

    Buildable Double Lot with Investment Potential This 160' x 140' double lot in Albia offers an excellent opportunity for homeowners, builders, or investors. Whether you're looking to build a single-family home with a spacious yard or explore the potential for a duplex or triplex (subject to City of Albia zoning approval), this property provides the flexibility to fit a variety of goals. Utilities

    Ryan Ammons Hawkeye Farm Mgmt & Real Estat

    809 C Ave E, Albia, IA 52531
  • /10

    $199,999

    • Studio
    • 2,140 Sq Ft

    2400 SE 8th St, Des Moines, IA 50315

    TRIPLEX FOR SALE 1 Studio 1 one Bedroom and 1 two bedrooms units combined income $2,050 Current Rental certificate and good cash flow for buyer. Listing Agent has interest in the property

    Adam Metzker 515 Rentals & Sales LLC

    2400 SE 8th St, Des Moines, IA 50315
  • /16

    $193,000

    $22K PRICE DROP
    • 4 Beds
    • 3 Baths

    929 Bridge Ave, Davenport, IA 52803

    Well maintained TriPlex now available. 2 of the 3 are fully rented 1 bed, 1 bath units. rents for those are $650 and $700. The upper is a large 2 bed 1 bath unit ready for its next renter. Tenant pays gas and electric. Owner pays water/trash/sewer.

    Craig Stiles MPM Realty

    929 Bridge Ave, Davenport, IA 52803
  • /19

    $169,000

    • 3,276 Sq Ft

    500 N Main St, Fairfield, IA 52556

    Triplex located near campus and Everybody's. Covered porch and nice entry area. Main level unit rents for $650/month and includes a stove/refrigerator and laundry hookups & 2 bedrooms. Second unit rents for $750/month and has appliances and laundry hookups & 2 bedrooms. Upstairs unit (currently rented) rents for $550/month with stove & refrigerator. Separate garage is rented for $50/month.

    Tammy Dunbar Fairfield Real Estate

    500 N Main St, Fairfield, IA 52556
  • /25

    $300,000

    Pending
    • Studio
    • 3 Baths
    • 1,900 Sq Ft

    1112 27th St, Des Moines, IA 50311

    Turn-key, fully renovated Triplex just 1 block from Drake! Exceptional rental history with clar value-add potential: finish the basement (egress windows already in), charge for garage parking, or add coin laundry. All major updates done within 5 years: roof, A/C, windows, vinyl siding, LVP flooring, plus updated kitchens & appliances. Perfect for a savvy house-hack or a cash-flowing addition to

    Allen Lundgren Iowa Realty Beaverdale

    1112 27th St, Des Moines, IA 50311
  • /12

    $349,000

    $49K PRICE DROP
    • 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
  • /26

    $85,000

    • 852 Sq Ft

    314 Lester St, Waterloo, IA 50703

    Great cash flow investment opportunity directly across from Gates Park! Fully rented triplex provides immediate cashflow. Unit 1-1 bed 1 bath with stove and refrigerator $475/mo. Unit 2-1 bed 1 bath with stove and refrigerator $525/mo. Unit 3-1 bed 1 bath with stove and refrigerator $375/mo. Each unit has its own electric meter. Owner currently pays water, snow removal & lawn care. Seller has

    Dave Woods Oakridge Real Estate

    314 Lester St, Waterloo, IA 50703
  • /2

    $125,000

    $5K PRICE DROP Pending
    • 6 Beds
    • 3.5 Baths
    • 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
  • /21

    $139,900

    • 5 Beds
    • 3 Baths
    • 1,883 Sq Ft

    211 S 5th St, Sac City, IA 50583

    Fantastic investment opportunity with recent improvements already in place! This 3-unit apartment property features two main-floor apartments and a spacious upper-level unit, all currently rented and generating income. Recent updates include all new windows throughout the property, while two of the three units have been thoughtfully remodeled and feature updated appliances, offering added appeal

    Kelly Bierl Hometown Realty

    211 S 5th St, Sac City, IA 50583
  • /46

    $549,900

    Pending
    • 6 Beds
    • 4 Baths
    • 5,144 Sq Ft

    5309 Blue Bonnet Dr Unit 5309-5311 / 3216, Waterloo, IA 50702

    Beautiful triplex opportunity. Well kept, unique, one level triplex units featuring 2 bedrooms and 2 bathrooms in each unit, large square footage, great storage, separate laundry in each unit, walk in closets, pantry space, and all metered separately. 5311 Blue Bonnet has a double, detached, heated garage space. 5309 has a single detached garage space, and 3216 Thistle Down has a double, detached

    Carissa Holton EXP Realty, LLC

    5309 Blue Bonnet Dr Unit 5309-5311 / 3216, Waterloo, IA 50702
  • /26

    $349,000

    • Studio
    • 3 Baths
    • 3,125 Sq Ft

    4615 Kingman Blvd, Des Moines, IA 50311

    Fantastic investment opportunity on sought-after Kingman Blvd! This well-maintained all-brick triplex features a vacant 2-bedroom main-floor unit, perfect for an owner-occupant or tenant. The upper levels offer a 2-bedroom unit and a 1-bedroom unit, providing excellent income potential. Shared laundry and basement storage add convenience, and the City of Des Moines rental certificate is valid

    Ashley Carter RE/MAX Real Estate Center

    4615 Kingman Blvd, Des Moines, IA 50311
  • /13

    $109,900

    • 1,811 Sq Ft

    403 S 4th Ave E, Lake Mills, IA 50450

    Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers an excellent opportunity! With tenants already in place, this property provides immediate rental income from day one. The building features three units, including two main-level apartments—an efficiency unit and a one-bedroom unit—and a spacious two-bedroom apartment on

    Marisa Koppen Realty ONE Group Black Diamond

    403 S 4th Ave E, Lake Mills, IA 50450
  • /20

    $217,000

    New Construction Pending
    • 3 Beds
    • 2 Baths
    • 2,832 Sq Ft

    901 20th St, Hawarden, IA 51023

    Experience effortless luxury in this beautifully designed zero-entry condo offering the perfect blend of style, comfort, and convenience. This thoughtfully crafted slab-on-grade home features 3 bedrooms on the main level, including a spacious primary suite with a double vanity, walk-in shower, and generous walk-in closet. The open-concept layout is enhanced by an elegant tray ceiling in the

    Carissa DeRocher The Home Element Realty, LLC

    901 20th St, Hawarden, IA 51023
  • /11

    $295,000

    • 924 Sq Ft

    1374 Main St, Dubuque, IA 52001

    This nice Main street triplex could be your next investment opportunity! This property is close by to downtown restaurants and shops. It features a 2-car garage and a new concrete driveway. Unit #1 is a two story apartment 4BRs & 2BTHs with 3 years old central forced air heating and cooling system; a stackable washer and dryer. Unit #2 is a 1BR occupied by a long-term tenant. Unit #3 has just

    Kurt Clements ListWithFreedom.com

    1374 Main St, Dubuque, IA 52001
  • /20

    $217,000

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,416 Sq Ft

    905 20th St, Hawarden, IA 51023

    Experience effortless luxury in this beautifully designed zero-entry condo offering the perfect blend of style, comfort, and convenience. This thoughtfully crafted slab-on-grade home features 3 bedrooms on the main level, including a spacious primary suite with a double vanity, walk-in shower, and generous walk-in closet. The open-concept layout is enhanced by an elegant tray ceiling in the

    Carissa DeRocher The Home Element Realty, LLC

    905 20th St, Hawarden, IA 51023
  • /33

    $259,900

    • 5 Beds
    • 3 Baths
    • 2,172 Sq Ft

    2308-10 Jones St, Sioux City, IA 51104

    Great investment opportunity in the Northside Central area! This well-maintained triplex features three units, each with its own central heating and A/C, private laundry room, and separate gas and electric utilities. The A/C in Unit 23081⁄2 was replaced in 2025, and the roof was replaced in 2021. The owner has completed extensive remodeling since purchasing the property in 2021. Gross rental

    Thuy Baker Keller Williams Siouxland

    2308-10 Jones St, Sioux City, IA 51104
  • /11

    $100,000

    Pending
    • 1,116 Sq Ft

    810 W 2nd St, Waterloo, IA 50701

    Excellent investment opportunity in Waterloo! This triplex features a 3 bedroom, 1 bath main floor unit along with two additional 1 bedroom, 1 bath units. The property offers flexibility for investors, with two units currently vacant and ready for occupancy. One of the unit features great hardwood flooring and there are some nice updates in the main floor unit making them move in ready. A

    Bethany Benner Oakridge Real Estate

    810 W 2nd St, Waterloo, IA 50701
  • /33

    $247,500

    • 2 Beds
    • 2 Baths
    • 1,331 Sq Ft

    2212 E 6th St, Sheldon, IA 51201

    If you've been searching for a spacious home with minimal maintenance, this center-unit triplex could be exactly what you're looking for. This well-designed home features two generously sized bedrooms and two bathrooms, including a private en suite bath in the primary bedroom. Both bedrooms offer the convenience of double closets, providing abundant storage. As you enter the home, you'll

    Dean Fjeld Northwest Realty

    2212 E 6th St, Sheldon, IA 51201
  • /4

    $275,000

    • 4 Beds
    • 3 Baths
    • 2,126 Sq Ft

    1901 S Nicollet St, Sioux City, IA 51106

    Fully occupied triplex at $275,000 with immediate income in place from day one. The property features two units on the main floor (both 1 bed 1 bath) and a renovated upper-level unit (2 bed 1 bath), offering a mix of layouts across three separate income streams. A detached outbuilding is included on the property. With 100% occupancy and a renovated upper unit already commanding market rents, this

    Nic Madsen Gateway Real Estate Advisors

    1901 S Nicollet St, Sioux City, IA 51106
  • /23

    $68,500

    Pending
    • 7 Beds
    • 3 Baths

    1425 W 10th St, Davenport, IA 52804

    7-bedroom, 3-bath Davenport triplex offering an investment opportunity with substantial upside potential. Situated on a 0.37-acre lot in the Riverview Terrace neighborhood, this multi-unit property includes 3 units & a detached 1-car garage. Unit 1 features 3 bedrooms/1 bathroom. Unit 3 offers 1 bedroom/1 bathroom. Unit 2 includes 3 bedrooms/1 bathroom & is ready for renovation. Recent

    Richard Bassford RE/MAX Concepts Bettendorf

    1425 W 10th St, Davenport, IA 52804
  • /16

    $220,000

    • 5 Beds
    • 3 Baths
    • 2,700 Sq Ft

    2320 Prince St, Dubuque, IA 52001

    Take a look at this triplex in the heart of downtown Dubuque! This property has 2 units with 2 bedrooms, 1 bath each and an efficiency unit. There is also a 3 car garage rented out for additional income! All utilities are separated and paid by tenants and remodeling has already been done. Don't wait on this nearly 14% cap rate triplex - call your favorite agent for a showing and add it to your

    Brittni Webber Remax Advantage

    2320 Prince St, Dubuque, IA 52001
  • /16

    $207,000

    • 3 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 been updated, including modern flooring and general improvements that support reliable, low-maintenance ownership. Whether you’re adding to an

    Stephanie Dattolico Gateway Real Estate Advisors

    518 S Helen St, Sioux City, IA 51106
  • /21

    $99,995

    • 3 Beds
    • 3 Baths
    • 1,595 Sq Ft

    567 Quigley Ln, Dubuque, IA 52001

    Lots of potential in this 2 story triplex close to college. Great owner occupied. Property is currently vacant and rent values are previous rents. Rents could be higher. Sewer pipe to the street replace about 12 yrs. ago. Roof replaced about 7 years ago.

    Rene' Rogerson Brissey Realty LLC

    567 Quigley Ln, Dubuque, IA 52001
  • /17

    $135,000

    $64K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 4,348 Sq Ft

    203 E Ash St, Winfield, IA 52659

    Investment Opportunity in Winfield Iowa! Located just 30 minutes from Iowa City, this triplex in Winfield offers multiple income streams and great potential for investors or owner-occupants. The property includes a 3 bed, 1 bath unit, a 2 bed, 1 bath unit, and a studio apartment! Outside you'll find ample parking for all tenants, a fenced-in backyard, and newer vinyl siding with some updated

    Nicholas Taylor Legacy Realty Group, LLC

    203 E Ash St, Winfield, IA 52659
  • /26

    $150,000

    Pending
    • Studio
    • 3 Baths
    • 1,343 Sq Ft

    3103 1st St, Des Moines, IA 50313

    Great investment opportunity with this income-producing up/down triplex featuring 3 units, 4 total bedrooms, and 3 bathrooms. Whether you're looking to expand your portfolio or live in one unit while generating rental income from the others, this property offers flexibility and potential. Conveniently located near schools, parks, and everyday amenities, it’s a smart addition with plenty of upside.

    Steven Camerona Iowa Realty Beaverdale

    3103 1st St, Des Moines, IA 50313
  • /26

    $249,900

    • 2 Beds
    • 1 Bath
    • 1,320 Sq Ft

    2210 E 6th St, Sheldon, IA 51201

    Check out this Triplex in an ideal location. This entry level condo is in excellent condition and is ready for it's next owner. New external vinyl siding installed in spring on 2026. This is the west unit of the unit. This 2 bedroom duplex will be an excellent match for those looking to downsize and desire that comfortable living with very low maintenance. The entry leads into the kitchen with

    Gene Bomgaars Northwest Realty

    2210 E 6th St, Sheldon, IA 51201
  • /25

    $205,000

    $10K PRICE DROP
    • 2,024 Sq Ft

    527 S Boone St, Boone, IA 50036

    Perfect opportunity for investors or owner-occupants! Live in one unit and rent out the other two to help offset--or potentially cover--your mortgage payment. This well-maintained triplex features a newer furnace and central air, along with a low-maintenance exterior boasting updated vinyl siding, windows, and roof. A detached two-car garage offers additional income potential at approximately

    Dori Burma iHome Realty

    527 S Boone St, Boone, IA 50036
  • /3

    $150,000

    • 3 Beds
    • 3 Baths

    207 S Pine St, Davenport, IA 52802

    This well-maintained triplex presents an excellent investment opportunity. All three units are currently occupied, with two of the tenants having already renewed their annual leases, ensuring stable income for the new owner. 24 hr notice to show.

    Amy Johnson Ruhl&Ruhl REALTORS Davenport

    207 S Pine St, Davenport, IA 52802
  • /38

    $255,000

    $10K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 3,788 Sq Ft

    703 Caledonia Place, Dubuque, IA 52001

    Attention investors and house-hackers! This large, well-maintained two-story duplex is a turnkey property, boasting a stellar cap rate over 9% and easily hitting the 1% rule. With one unit currently vacant and primed for immediate market-rate optimization or an owner-occupant, the real potential is the fully finished, bonus 3rd unit in the attic (1 bed, 1 bath). While not currently zoned by the

    Hunter Lisk Ruhl & Ruhl Realtors

    703 Caledonia Place, Dubuque, IA 52001
  • /3

    $185,000

    • 1,552 Sq Ft

    215 Cedar St, Story City, IA 50248

    Excellent investment opportunity! This 3-level tri-plex offers immediate income with long-term tenants already in place and a proven rental history. The property features three separate units: a 2-bedroom, 1.5-bathroom basement apartment, a 2-bedroom, 1-bathroom main level unit, and a 1-bedroom, 1-bathroom upper-level apartment. Tenants pay all utilities except water, helping keep operating

    Tyler Frederiksen Norsemen Realty Team - Friedrich Realty

    215 Cedar St, Story City, IA 50248
  • /19

    $550,000

    • 3,120 Sq Ft

    1407 Georgia Ave, Ames, IA 50014

    Outstanding income-producing triplex built in 1995 offering three large 4-bedroom, 2 full bathroom units. Each unit features its own washer and dryer, private garage, and spacious floor plan designed for strong tenant appeal and long-term occupancy. Market rents are projected at $1,470 per month per unit, creating excellent income potential for investors. The property has been well maintained and

    Gale Gehling Team Keller Williams Ames

    1407 Georgia Ave, Ames, IA 50014
  • /7

    $160,000

    Pending
    • 2,880 Sq Ft

    415 Daws Rd Unit 415-417, Hiawatha, IA 52233

    IF YOUR LOOKING FOR A PROJECT THAT HAS LOTS OF POTENTIAL, THIS ONE MAY BE FOR YOU. THIS PROPERTY IS SET UP AS A DUPLEX BUT COULD BE CONVERTED TO A TRIPLEX. IT HAS A 2 BED WITH 1 BATH, AND A 5 BED WITH 2 BATH. WITH PROJECTED RENTAL INCOME BETWEEN 2500-3000K. PROPERTY SOLD IN AS-IS CONDITION. OWNER IS A LICENSED REALTOR IN IOWA.

    Daniel Davidson Pinnacle Realty LLC

    415 Daws Rd Unit 415-417, Hiawatha, IA 52233
  • /24

    $129,000

    $20K PRICE DROP Pending
    • 5 Beds
    • 3 Baths
    • 2,700 Sq Ft

    431 6th Ave S, Clinton, IA 52732

    This income-producing triplex offers long-term tenant stability and a lineup of major recent upgrades. With a monthly income of $1,675 and decades-long residents in two units, this property delivers consistent, low-turnover revenue. Perfectly positioned near employers, retail, restaurants, the YWCA, and the community pool, it sits in an area renters love for convenience and accessibility. Average

    Brian Thomas Ruhl&Ruhl REALTORS Clinton

    431 6th Ave S, Clinton, IA 52732
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