Iowa, IA Multifamily Homes & Duplexes for Sale

• 

  

  

  /22

  $295,000

  • Studio
  • 2 Baths
  • 1,914 Sq Ft

  1308 Idaho Ave, Ames, IA 50014

  Great opportunity for investment or house hacking! Side by side duplex with each side consisting of 2 bedrooms and a full bathroom with in-unit laundry on the 2nd floor and a living room, dining area, and kitchen on the main floor! Spacious backyard area and attached 1 car garage for your vehicle! Newer roof and siding! All information obtained from seller and public records.

  

  Chris Kew

  RE/MAX Precision

  (515) 808-7240

  1308 Idaho Ave, Ames, IA 50014
• 

  

  

  /10

  $244,000

  • Studio
  • 2 Baths
  • 3,729 Sq Ft

  1527 Forest Ave, Des Moines, IA 50314

  Turnkey duplex opportunity at 1527 Forest Ave in Des Moines—perfect for investors! This solid brick and stucco property features two spacious 2-bed/1-bath units, both with original hardwood floors, updated electrical, and composite windows. Recent exterior upgrades include a brand-new roof, soffit, gutters, and fascia. Located directly across from a park on a corner lot, the property offers

  

  Eric Fitzgerald

  Keller Williams Realty GDM

  (515) 824-5822

  1527 Forest Ave, Des Moines, IA 50314
• 

  

  

  /47

  $295,000

  • 2,976 Sq Ft

  901 Main St, Grinnell, IA 50112

  Captivating historic downtown corner building with commercial space and two apartments located in the heart of Grinnell. Known as the Corrough Building this fine example of turn of the century commercial design features a delicate corner "oriel" denticulated cornice stone lintels above tall windows and a striking brick elevation with stone detailing on the primary facade. The building has served

  

  Matt Karjalahti

  RE/MAX Partners Realty, Grinnell

  (641) 346-4592

  901 Main St, Grinnell, IA 50112
• 

  

  

  /13

  $158,000

  • 2,900 Sq Ft

  2 E Grant St, Marshalltown, IA 50158

  Welcome to your next investment opportunity—a beautiful two-family home nestled in the heart of historic Marshalltown. This spacious gem boasts nearly 1,400 sq ft and showcases the homes original character complete with stunning woodwork. Each unit features generous two-bedroom layouts, perfect for comfortable living or rental income potential. You will love the 2 stall attached garage, along

  

  Kajun Morris

  No Limits Real Estate

  (641) 934-3596

  2 E Grant St, Marshalltown, IA 50158
• 

  

  

  /3

  $195,000

  • 6 Beds
  • 2,088 Sq Ft

  5436 N Division St, Davenport, IA 52806

  Great opportunity on this fully occupied, turn key investment. Property features 3 br, 1.5 ba, separately metered, laundry hook ups, deck. Could be packaged with 5524, 5510, and 5516. Per seller siding 2024, roof 2024, furnaces 2020 and 2023, interior remodel 2021 and 2023. 48 hour notice to show.

  

  Mike Pezley

  RE/MAX Concepts Bettendorf

  (563) 661-5372

  

  5436 N Division St, Davenport, IA 52806
• 

  /2

  $182,000

  • 6 Beds
  • 2,124 Sq Ft

  5524 N Division St, Davenport, IA 52806

  Great opportunity for 3BR side by side duplex. Owner states roof 2021, interior remodel 2021, tenants there since 2021. Property features 3 BR, 1.5 BA, separately metered, laundry hook-ups, deck. Could be packaged with 5436, 5510, and 5516.

  

  Mike Pezley

  RE/MAX Concepts Bettendorf

  (563) 766-7842

  

  5524 N Division St, Davenport, IA 52806
• 

  

  /18

  $182,000

  • 6 Beds
  • 2,124 Sq Ft

  5510 N Division St, Davenport, IA 52806

  Great opportunity on a 3 br side by side duplex. Both units currently vacant, easy to show. Could be a great owner occupied opportunity. Property features 3 BR, 1.5 BA, separately metered, laundry hook-ups and a deck. Could be packaged with 5524, 5436, and 5516.

  

  Mike Pezley

  RE/MAX Concepts Bettendorf

  (563) 334-1837

  

  5510 N Division St, Davenport, IA 52806
• 

  /2

  $182,000

  • 6 Beds
  • 2,124 Sq Ft

  5516 N Division St, Davenport, IA 52806

  Great opportunity on separately metered 3 br side by side duplex. Tenants have been here since 2021 and 2022. Seller states roof 2023 and HVAC 2023. could be packaged with 5510, 5524, 5436.

  

  Mike Pezley

  RE/MAX Concepts Bettendorf

  (563) 500-1761

  

  5516 N Division St, Davenport, IA 52806
• 

  

  /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!

  

  Kajun Morris

  No Limits Real Estate

  (641) 216-6441

  702 E Main St, Marshalltown, IA 50158
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  /4

  $120,000

  • 5 Beds
  • 4,478 Sq Ft

  409 N Broad St Unit 1, Galesburg, IL 61401

  Great investment with this income producing building offering off street and garage parking. One main level 2/3 BR apartment, two upper level apartments - one front and one back (20 year tenant), one basement apartment, and one potential future attic apartment.

  

  Thomas Knapp

  RE/MAX Preferred Properties

  (309) 220-6110

  

  409 N Broad St Unit 1, Galesburg, IL 61401
• 

  

  /55

  $1,400,000

  • 13 Beds
  • 6 Baths
  • 3,528 Sq Ft

  2968 Poppleton Ave, Omaha, NE 68105

  Chula Vista Apartments is a classic 1915-built, 14-unit property featuring twelve spacious 2-bedroom units with living rooms, dining rooms, and balconies, plus two 1-bedroom units. Major upgrades include new plumbing and electrical (2010), a new roof and gutters (2022), new appliances in 7 units since 2021, and updated HVAC in over half the building. All 2-bed units are separately metered, while

  

  Lisa Zimmerman

  Better Homes and Gardens R.E.

  (402) 798-4841

  2968 Poppleton Ave, Omaha, NE 68105
• 

  

  /14

  $159,900

  • 2 Beds
  • 2 Baths
  • 844 Sq Ft

  930 W 1st St, Cedar Falls, IA 50613

  Nice duplex in a convenient Cedar Falls location. This duplex has two 1 bedroom units consisting of a main floor unit and a 2nd floor unit. This property also features a two garage partitioned off to have individual stalls plus driveway parking. New furnaces in 2021. Take a look today!

  

  Carl Ericson

  Oakridge Real Estate

  (319) 456-4252

  930 W 1st St, Cedar Falls, IA 50613
• 

  

  /47

  $199,000

  • 3,154 Sq Ft

  1126 Broad St, Grinnell, IA 50112

  Just YARDS, STEPS, LITERAL FEET, from Grinnell College, this spacious two-story duplex offers over 3,100 square feet of opportunity in a prime rental location. Originally built in 1882, the home blends vintage charm with versatile functionality, making it a great fit for investors or anyone looking to add value over time. One unit is currently leased, providing immediate income, while the second

  

  Matt Karjalahti

  RE/MAX Partners Realty, Grinnell

  (641) 321-6947

  1126 Broad St, Grinnell, IA 50112
• 

  

  /10

  $210,000

  • Studio
  • 3 Baths
  • 1,964 Sq Ft

  1206 39th St, Des Moines, IA 50311

  $2636 per month Gross rent. Currently 2 long term leases and 1 furnished short term rental. This is a prime rental property in a sought-after Des Moines neighborhood just west of the Drake University Campus. The property comes with a renewed rental license. A new roof was installed in 2021, providing peace of mind for years to come. Unit 1 and Unit 2 have had updates in the past 2

  

  Darson Grantham

  Keller Williams Realty GDM

  (515) 642-3342

  1206 39th St, Des Moines, IA 50311
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  /17

  $80,000

  • 2,828 Sq Ft

  1432 Avenue D, Fort Madison, IA 52627

  CASH FLOW!! INVESTMENT PROPERTY AVAILABLE. BRICK DUPLEX IN FORT MADISON WITH 2 CAR GARAGE. 3 BED 1.5 BATH PER SIDE. CURRENTLY VACANT WAS RENTED AT $700/SIDE.

  

  John Mercer

  Midwest Realty

  (319) 205-3491

  1432 Avenue D, Fort Madison, IA 52627
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  /4

  $125,000

  • 6 Beds
  • 2 Sq Ft

  2529-2531 7th Ave, Rock Island, IL 61201

  Turn key investment opportunity! Fully rented side by side 3BR units. 2529 has new windows, new kitchen and new entry doors. 2531 just received a new furnace. Could be sold with 608-610 26th st. just across the alley. Please give 48 hour notice for showings. Seller is selling AS- IS

  

  Mike Pezley

  RE/MAX Concepts Bettendorf

  (309) 220-2053

  

  2529-2531 7th Ave, Rock Island, IL 61201
• 

  

  /21

  $435,000

  • 8 Beds
  • 4,480 Sq Ft

  2704 Magnolia Dr, Bettendorf, IA 52722

  Prime investment in Bettendorf Iowa! This 5 unit multifamily is a steal, each unit was recently updated. The units are all 2 bedrooms with one bathroom and have basements waiting to be finished for additional equity! The roof was just put on a couple months ago with brand new gutters and the siding is freshly painted! Contact me today for a private showing!

  

  Drake Hunter

  RE/MAX Concepts Bettendorf

  (563) 853-8269

  

  2704 Magnolia Dr, Bettendorf, IA 52722
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  /34

  $109,000

  • 5 Beds
  • 2,000 Sq Ft

  2723 6th Ave, Rock Island, IL 61201

  Vacant Rock Island duplex awaits it's new owner! The bottom unit is a 2 bedroom unit with 1 full bathroom. The upstairs unit has 3 bedrooms with a full bath. With minor cosmetic updates, this property could be your retirement plan! You could also purchase it and move into one of the units and rent out the other to live for FREE! Reach out to me today for your own private showing.

  

  Drake Hunter

  RE/MAX Concepts Bettendorf

  (309) 760-6502

  

  2723 6th Ave, Rock Island, IL 61201
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  /12

  $150,000

  • 4 Beds
  • 1,519 Sq Ft

  1012 & 1014 12th St, Silvis, IL 61282

  Both units are 2BR/1BA units. Fenced yard is shared. Small storage shed is shared. Unit 1012 had new Dryer in early 2024, and new 40 gal water heater in 11/2024. 1012 unit is month to month since 12/01/2023 & monthly rent is $850/month. 1014 unit was vacated in July, 2024 and has been a major overhaul; this unit has fresh paint throughout, all new LVP flooring, new blinds, replaced vanity and

  

  David Maubach

  Mel Foster Co. Davenport

  (309) 448-4374

  

  1012 & 1014 12th St, Silvis, IL 61282
• 

  

  /13

  $465,000

  • 8 Beds
  • 4 Baths
  • 3,696 Sq Ft

  813 Westwinds Dr Unit 1-4, Iowa City, IA 52246

  This well-maintained 4-plex on the west side of Iowa City offers a strong foundation with room to grow. Each of the four units features 2 bedrooms and 1 bathroom with a functional layout, dedicated off-street parking, and in unit laundry. Historically, the property has seen very low vacancy rates due to proximity to the University of Iowa, UIHC, and convenient access to shopping, dining, and bus

  

  Teague Case

  Westwinds Real Estate Services, Inc.

  (319) 321-6824

  

  813 Westwinds Dr Unit 1-4, Iowa City, IA 52246
• 

  

  /14

  $69,700

  • 6 Beds
  • 2,052 Sq Ft

  1919 N Sturdevant St, Davenport, IA 52804

  Side by side townhouse style 2 story duplex. All separate utilities. One side sustained significant fire damage. The other side needs a paint and floor covering remodel. Great opportunity to build some equity and cash flow. Permits with City of Davenport will be required. Property is being sold as is where is. Co-list agent licensed in Iowa and Illinois Michael Ingleby is an owner of the

  

  Jesse Hammes

  Cornerstone Partners QC - Real Broker, LLC

  (563) 785-5877

  

  1919 N Sturdevant St, Davenport, IA 52804
• 

  

  /56

  $700,000

  • 4 Beds
  • 3.5 Baths
  • 1,565 Sq Ft

  29224 Westview Dr, Moravia, IA 52571

  A majestic view of beautiful Lake Sundown with 1.75 surveyed acres. The acreage includes a custom 4 Bedroom, 3.5 bath home with nearly 2,600 square feet of finished living space. When you first enter this Lake Sundown home you will immediately be drawn to the open floor plan and cabin charm, large vaulted ceilings, with a wall of glass looking out to the lake. The main floor includes a large

  

  Jason Kok

  Lake Homes And Farms Realty

  (641) 216-6753

  29224 Westview Dr, Moravia, IA 52571
• 

  

  /15

  $99,000

  • 6 Beds
  • 1,965 Sq Ft

  1045 12th St Unit 1047, Rock Island, IL 61201

  Nice Side by Side duplex in Rock Island for sale! Each unit features 3 large bedrooms and a bathroom. The left side unit is currently occupied with a tenant who pays 1050 a month! Move into the other side and have your mortgage paid for or you can place a tenant in and cashflow like crazy! You do not want to miss this prime investment opportunity!

  

  Drake Hunter

  RE/MAX Concepts Bettendorf

  (309) 498-4256

  

  1045 12th St Unit 1047, Rock Island, IL 61201
• 

  

  /17

  $27,500

  • 2 Beds
  • 1 Bath
  • 675 Sq Ft

  403 Elm St, Tarkio, MO 64491

  This residential property in Tarkio is in need of a little refresh and would be perfect for someone looking for a small starter home, fixer upper project, or an investment property. This house offers a manageable size of 675 square foot for someone new to projects. This bungalow sits on a crawl space foundation and features a living room, kitchen, 2 bedrooms, and 1 bathroom. Some renovation is

  

  Kristi McEnaney

  Total Property Services, Inc.

  (660) 290-7472

  403 Elm St, Tarkio, MO 64491
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  /59

  $750,000

  • 4 Beds
  • 2.5 Baths
  • 3,500 Sq Ft

  27664 450th St, Moravia, IA 52571

  Welcome to your luxury barndominium lodge-nearly 14 acres of secluded paradise featuring a private, stocked pond, food plots for wildlife, and exclusive access to Sundown Lake. This one-of-a-kind property boasts a true chef's kitchen outfitted with a premium Wolf and Sub-Zero appliance package, stunning quartz surfaces throughout, and three-zone in-floor heating for personalized comfort. Built to

  

  Jason Kok

  Lake Homes And Farms Realty

  (641) 334-4889

  27664 450th St, Moravia, IA 52571
• 

  

  /19

  $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

  

  Andy Erselius

  AE Realty, Inc

  (641) 653-6584

  415 E Main St, Montezuma, IA 50171
• 

  

  /12

  $415,000

  • Studio
  • 10 Baths

  206 and 212 NW Walnut St, Bridgewater, IA 50837

  This well-maintained multifamily property features a 4-unit and 6-unit brick apartment complex on a spacious 0.83-acre lot. The portfolio includes eight 2-bedroom units and two 1-bedroom units, offering stable income with a strong 10% cap rate. Recent upgrades include newer roofs, soffit, fascia, gutters, 31 new windows, and the removal of five trees for improved property aesthetics. Units have

  

  Stephen Patel

  Pella Real Estate Services

  (641) 847-5172

  206 and 212 NW Walnut St, Bridgewater, IA 50837
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  /9

  $254,000

  • Studio
  • 3 Baths
  • 2,140 Sq Ft

  2400 SE 8th St, Des Moines, IA 50315

  Investor opportunity in the heart of Des Moines! Located at 2400 SE 8th St, this multi-family property offers strong rental potential with three separate units—two 1-bed/1-bath units and one 2-bed/1-bath unit—spread across 2,140 sq ft of living space. The property has a masonry foundation, an unfinished basement for additional storage, and off-street parking potential. With each unit already

  

  Eric Fitzgerald

  Keller Williams Realty GDM

  (515) 800-8145

  2400 SE 8th St, Des Moines, IA 50315
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  /122

  $39,000

  • 3,104 Sq Ft

  311 E Joy St, Red Oak, IA 51566

  Investor Special - 4-Plex with Huge Potential!Fantastic opportunity to restore and revitalize this classic 4-plex! Each unit offers 1 bedroom, 1 bathroom, a dedicated dining and living room area, plus a separate kitchen and bath. All units include two points of access, adding convenience and flexibility for tenants.This property is a true diamond in the rough - perfect for an investor looking to

  

  Lisa Zimmerman

  Better Homes and Gardens Real Estate The Good Life Group

  (712) 423-6377

  311 E Joy St, Red Oak, IA 51566
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  /32

  $45,000

  • 3,118 Sq Ft

  903 Avenue D, Fort Madison, IA 52627

  Charming 2-Story Duplex with Original Details + 3-Car Garage – Income Potential! This classic two-story duplex is full of character, featuring original hardwood floors, rich woodwork, and timeless details throughout. Each unit offers a great layout with tons of potential. The home needs some TLC, but the charm is undeniable and the bones are solid. A spacious 3-car detached garage adds value and

  

  Melissa Schwenker

  Ruhl & Ruhl, REALTORS

  (319) 500-4035

  903 Avenue D, Fort Madison, IA 52627
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  /29

  $395,000

  • 2 Beds
  • 2 Baths
  • 1,561 Sq Ft

  17327 Bucktail Ln, Moravia, IA 52571

  Nestled in the desirable Bucktail Subdivision near beautiful Rathbun Lake, this stunning 1.5-story home is a rare find. Built in 2010 and situated on approximately .94 acre in the picturesque Bucktail Subdivision near Lake Rathbun. More acreage could be negotiated for the right offer. The home itself offers 2 bedrooms and 2 full bathrooms plus loft, blending comfort with character. Step inside

  

  Jason Kok

  Lake Homes And Farms Realty

  (641) 401-1484

  17327 Bucktail Ln, Moravia, IA 52571
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  /75

  $300,000

  • 5 Beds
  • 2 Baths
  • 2,005 Sq Ft

  2707 S 10th St, Omaha, NE 68108

  Charming Multi-Family Opportunity Near Omaha's Best Attractions! Welcome to this nicely updated multi-family property offering two spacious units, perfect for investment or multi-generational living! Property is currently operating as an Airbnb as can be sold as such. The upper unit features 3 comfortable bedrooms, 1 full bathroom, and the convenience of an in-unit washer and dryer. The

  

  Lisa Zimmerman

  Better Homes and Gardens R.E.

  (402) 791-6795

  2707 S 10th St, Omaha, NE 68108
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  /26

  $300,000

  • 6 Beds
  • 2 Baths
  • 2,491 Sq Ft

  2501 Poppleton Ave, Omaha, NE 68105

  Excellent investment opportunity in a convenient, high-demand location! This well-kept 4-plex features consistent rental history and stable cash flow. Tenants enjoy the benefit of on-site coin-operated laundry in the basement. Three of the four units have been recently updated, offering modern touches while maintaining charm. Unit 4 is currently vacant—perfect for owner-occupancy or immediate

  

  Lisa Zimmerman

  Better Homes and Gardens R.E.

  (402) 674-4587

  2501 Poppleton Ave, Omaha, NE 68105
• 

  

  /14

  $900,000

  • 2 Beds
  • 2 Baths
  • 1,088 Sq Ft

  801 N 48th St, Omaha, NE 68132

  Welcome to Dundee Place Apartments Discover a rare investment opportunity with this well-maintained 10-unit, all-brick apartment building located in the heart of a high-demand, walkable Dundee neighborhood. Just steps away from local parks, shops, and popular dining spots, this property blends timeless construction with modern appeal. Each unit features quality finishes and access to upgraded

  

  Lisa Zimmerman

  Better Homes and Gardens R.E.

  (531) 321-3783

  801 N 48th St, Omaha, NE 68132
• 

  

  /15

  $245,000

  • Studio
  • 3 Baths
  • 1,876 Sq Ft

  1208 West St, Des Moines, IA 50315

  This is a great turnkey rental property. Consists of a 964 sqft 2 bedroom raised ranch home with afinishable 3rd bedroom in the basement and a duplex each side consists of 1 bed 1 bath units. The single-family home does have a full basement with separate furnaces and a very nice two-car garage! Total rentis 2600 and Landlord pays for utilities. Both of the properties have a newer roof

  

  Darson Grantham

  Keller Williams Realty GDM

  (515) 436-4305

  1208 West St, Des Moines, IA 50315
• 

  

  /22

  $3,850,000

  • 3 Beds
  • 4 Baths
  • 8,064 Sq Ft

  732,736,740 Michael St, Iowa City, IA 52246

  42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within

  

  Matthew Lepic

  Lepic-Kroeger, REALTORS

  (319) 220-3494

  

  732,736,740 Michael St, Iowa City, IA 52246
• 

  

  /33

  $75,000

  • 3 Beds
  • 1,538 Sq Ft

  2947 13th Ave, Rock Island, IL 61201

  Don’t miss this well-maintained duplex in a prime Rock Island location, just minutes from Augustana College! This property offers a fantastic opportunity for investors or owner-occupants looking to generate rental income. Whether you’re expanding your rental portfolio or searching for a home with income potential, this duplex is a must-see! Schedule a showing today!

  

  Drake Hunter

  RE/MAX Concepts Bettendorf

  (309) 250-1027

  

  2947 13th Ave, Rock Island, IL 61201
• 

  

  /18

  $490,000

  • 12 Beds
  • 8 Baths
  • 9,214 Sq Ft

  1806 Main St, Gowrie, IA 50543

  Quiet Cove: This well-maintained 11-unit property is a great investment with 10 one-bedroom units and one two-bedroom unit in excellent condition. Currently, all but two units are rented, and those can be shown anytime! Situated on over an acre of land, the property offers plenty of space and convenience for tenants. Additional amenities include a storage/conference room (18x14), a community

  

  Jeremiah Condon

  Kesterson Realty Inc

  (515) 676-4915

  1806 Main St, Gowrie, IA 50543
• 

  

  /33

  $220,000

  • Studio
  • 3 Baths
  • 2,806 Sq Ft

  1513 Des Moines St, Des Moines, IA 50316

  Welcome to 1513 Des Moines Street, a prime multi-unit investment property in the heart of Des Moines. This 3-unit multiplex presents an excellent opportunity for investors seeking immediate rental income with built-in occupancy. Two of the three units are already filled, providing steady cash flow from day one. The property offers three distinct rental units, each with its own full bathroom. The

  

  Darson Grantham

  Keller Williams Realty GDM

  (515) 949-4562

  1513 Des Moines St, Des Moines, IA 50316
• 

  

  /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

  (641) 932-6409

  15300 Big Buck Run, Moravia, IA 52571

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