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Iowa Apartment Buildings for Sale

156 results
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Dubuque 5-Unit Multifamily Property
$400,000
4,112 SF

Dubuque 5-Unit Multifamily Property

1477 Locust St, Dubuque, IA 52001

Five-unit multifamily property in Dubuque, Iowa, with off-street parking.

  • 5‑unit (5plex) investment property.
  • One 4‑bedroom, 2‑bath unit with laundry hook‑ups and central air.
  • Centrally located on a corner lot.
  • Ample off‑street parking.
  • Includes two 1‑bedroom units and two 2‑bedroom units.
Updated: Oct 29, 2025
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Reimagined Multifamily Property in Malvern
$3,000,000
17,400 SF

Reimagined Multifamily Property in Malvern

409 E 9Th St, Malvern, IA 51551

15-unit multifamily property with modern interiors and minimal upkeep.

  • Fully renovated with new electrical, plumbing, roof, and landscaping, ensuring minimal upkeep.
  • Each unit features individual HVAC system, breaker box, and on‑demand water heater.
  • Tasteful interior upgrades including custom trim, crown molding, contemporary kitchens and baths with glass tile backsplashes.
  • Turn‑key property with strong curb appeal and modern interiors.
  • Diverse unit mix: (2) 4/2, (7) 3/2, and (6) 2/1 bed/bath configurations.
Updated: Oct 18, 2025
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Highway 71 Investment Opportunity
$1,400,000
1.17 Acres

Highway 71 Investment Opportunity

Multi-unit property with apartments, dorm rooms, and storage units.

2212 Okoboji Ave, Milford, IA 51351
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Rock Rapids Commercial Opportunity
$72,000
0.08 Acres

Rock Rapids Commercial Opportunity

Downtown building with potential for retail, office, or apartments.

213 1St Ave, Rock Rapids, IA 51246
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Sioux City Multi-Unit Investment
$380,000
3,579 SF

Sioux City Multi-Unit Investment

Excellent cash flow investment property in Sioux City, Iowa.

2512 Jones St, Sioux City, IA 51104
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Iowa City Multifamily Investment Opportunity
$1,875,000
12,168 SF

Iowa City Multifamily Investment Opportunity

Two well-maintained buildings near University of Iowa offer redevelopment potential.

5 Woolf Ave, Iowa City, IA 52240
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Multifamily Complex in Cedar Rapids
$1,375,000
13,248 SF

Multifamily Complex in Cedar Rapids

23-unit multifamily property with remodeled units and easy access.

120-126 NE 32Nd St, Cedar Rapids, IA 52402
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Tipton Mixed-Use Investment Opportunity
$45,900
2,144 SF

Tipton Mixed-Use Investment Opportunity

Mixed-use property in Tipton, Iowa, with retail and residential potential.

518 Cedar St, Tipton, IA 52772
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Turnkey Diner with Living Space
$324,900
5,148 SF

Turnkey Diner with Living Space

Established diner with updated dining area and two-bedroom apartment.

721 Main St, Osage, IA 50461
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Storm Lake Multi-Unit Investment
$329,000
5,015 SF

Storm Lake Multi-Unit Investment

Six-unit property in Storm Lake, Iowa, with investment potential.

416 Michigan St, Storm Lake, IA 50588
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Sioux City Apartment Complex
$4,650,000
2.83 Acres

Sioux City Apartment Complex

70-unit apartment complex for seniors with attractive views.

5300 Stone Ave, Sioux City, IA 51106
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Sioux City Townhome Portfolio
$4,950,000
44,256 SF

Sioux City Townhome Portfolio

Portfolio of 44 townhomes in Sioux City, Iowa.

1600 26Th St, Sioux City, IA 51104
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Mixed-Use Brick Income Property
$350,000
3,496 SF

Mixed-Use Brick Income Property

Fully rented mixed-use property with commercial space and residential apartments.

1735 Central Ave, Dubuque, IA 52001
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Mixed-Use Brick Income Property
$350,000
5,244 SF

Mixed-Use Brick Income Property

Fully rented mixed-use property with commercial space and residential apartments.

1735 Central Ave, Dubuque, IA 52001
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Historic Dubuque Building with Development Potential
$1,250,000
12,540 SF

Historic Dubuque Building with Development Potential

Five-story building in downtown Dubuque with development opportunities.

100 Main St, Dubuque, IA 52001
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Historic Dyersville Commercial Property
$795,000
18,300 SF

Historic Dyersville Commercial Property

Unique property near Field of Dreams with commercial and residential spaces.

310 SE 2Nd St, Dyersville, IA 52040
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Dyersville Mixed-Use Investment Opportunity
$240,000
6,040 SF

Dyersville Mixed-Use Investment Opportunity

Fully occupied mixed-use building in downtown Dyersville, Iowa.

101 W 1St St, Dyersville, IA 52040
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Fort Dodge Multifamily Income Property
$7,200,000
48,000 SF

Fort Dodge Multifamily Income Property

48-unit multifamily property in Fort Dodge, Iowa, with strong rental income.

N 15Th Pl, Fort Dodge, IA 50501
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Calmar Commercial Property with Apartments
$840,000
9,160 SF

Calmar Commercial Property with Apartments

Operating fitness center with four apartments on 1.46 acres.

410 Campus, Calmar, IA 52132
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Waterloo Multifamily Property with Storefronts
$749,900
0.23 Acres

Waterloo Multifamily Property with Storefronts

27-unit multifamily property with 3 storefronts in Waterloo, Iowa.

213-223 E 5Th St, Waterloo, IA 50703
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Winterset Mixed-Use Property Near Square
$254,000
0.06 Acres

Winterset Mixed-Use Property Near Square

Versatile property near downtown Winterset with retail and apartment spaces.

110 W Court Ave, Winterset, IA 50273
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Nevada Iowa Multifamily Investment Opportunity
$2,100,000
16,594 SF

Nevada Iowa Multifamily Investment Opportunity

Turnkey, renovated 32-unit apartment complex in Nevada, Iowa.

1521 S G Ave, Nevada, IA 50201
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Revitalization Opportunity Near Drake University
Pending
$250,000
3,067 SF

Revitalization Opportunity Near Drake University

Seven-unit building suitable for conversion or multifamily use.

3101 Cottage Grove Ave, Des Moines, IA 50311
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Des Moines Multifamily Opportunity
$225,000
2,734 SF

Des Moines Multifamily Opportunity

Multifamily property in Des Moines, Iowa for sale.

2303 Carpenter Ave, Des Moines, IA 50311
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Iowa Apartment Buildings Investment Opportunities Market Analysis

Explore 1340 apartment buildings for sale in Iowa, showcased through 156 active listings on our real estate platform. These investment opportunities span a total of 31,974,528 square feet of properties for sale, with an estimated market value of $772,475,845.

Prices for two-family homes in Iowa start at $45,900, averaging $1,084,937, and reaching up to $29,440,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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