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Iowa Apartment Buildings for Sale

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264 properties
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17-Unit Apartment Building
Updated: Aug 17
17-Unit Apartment Building

2212 Okoboji Ave, Milford, IA 51351

$950,000
10,882 sqft 0.35 AC lot
17 total units, including 10 traditional apartments and 7 furnished dorm‑style rooms
10,882‑square‑foot residential income property on 0.35 acres
Built in 1947
Residential zoning
Frontage along Hwy 71 in Milford, Iowa
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15-Unit Apartment Building
Updated: Aug 13
15-Unit Apartment Building

301 21st Street, Sioux City, IA 51104

$1,025,000
9,000 sqft 0.08 AC lot
15 one‑bedroom apartment units
Four‑level building totaling 9000 Square Feet
All units recently remodeled with new appliances
Fully leased apartment property
Recently installed roof
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7-Unit Apartment Building
7-Unit Apartment Building

1005 S GLASS ST, Sioux City, IA 51106

$630,000
5,610 sqft 0.17 AC lot

Single-story residential income property with private unit entrances and in-wall air conditioning.

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Eight-Unit Apartment Property
Eight-Unit Apartment Property

105 Ludland Drive, Manchester, IA 52057

$560,000
6,112 sqft

Renovated multifamily asset with updated two-bedroom units, individually metered resident utilities, and paved on-site parking.

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7-Unit Apartment Building
7-Unit Apartment Building

3312 TRANSIT AVE, Sioux City, IA 51106

$630,000
2,944 sqft 0.24 AC lot

Single-story multifamily property with one-bedroom units, dedicated parking, laundry, and a mix of window and central air conditioning.

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13-Unit Apartment Building
13-Unit Apartment Building

2429-47 Williams Ave., Sioux City, IA 51103

$825,000
6,625 sqft 0.69 AC lot

Fully occupied apartment asset with varied unit layouts, included appliances, and tenant-paid utilities except water.

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Downtown Mixed-Use Building
Downtown Mixed-Use Building

546 2nd Street, Webster City, IA 50595

$875,000
19,980 sqft 0.25 AC lot

Renovated brick-and-steel property combines apartment residences with leased commercial suites and on-site coin laundry.

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12-Unit Apartment Building
12-Unit Apartment Building

301 College St, Tiffin, IA 52340

$1,375,000
5,880 sqft

R4-zoned multifamily property near I-80 with individual gas heat and through-wall air conditioning.

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32-Unit Apartment Property
32-Unit Apartment Property

16 Aossey Lane SW, Cedar Rapids, IA 52404

$2,100,000
36,000 sqft 1.52 AC lot

Four buildings contain two-bedroom, one-bath apartments in a professionally maintained multifamily setting.

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Renovated 7-Unit Brick Apartment Building
Renovated 7-Unit Brick Apartment Building

2447 E Walnut Street, Des Moines, IA 50317

$395,000
4,530 sqft 0.26 AC lot

Seven residential units combine recent renovations with access to US-65, I-235, and nearby employment centers.

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Renovated 33-Unit Apartment Community
Renovated 33-Unit Apartment Community

4406 North Division Street, Davenport, IA 52806

$2,350,000
24,525 sqft 1.15 AC lot

Two-building residential community with updated interiors and a mix of one- and two-bedroom floor plans.

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10-Unit Apartment Building
10-Unit Apartment Building

1010-1020 Williams DR., Fort Dodge, IA 50501

$625,000
12,438 sqft 0.06 AC lot

Apartment complex with individual utilities, complete kitchen appliances, and washer-dryer sets in every unit.

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Six-Unit Apartment Building
Six-Unit Apartment Building

306 S 5th Street, Guthrie Center, IA 50115

$395,000
7,440 sqft 0.58 AC lot

Income-producing multifamily property with two-bedroom units, assigned garage parking, and additional on-site parking.

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24-Unit Apartment Building
24-Unit Apartment Building

1718 & 1804 Dolores St, Knoxville, IA 50138

$1,550,000
9,751 sqft

The property combines two-bedroom units with private balconies, garages, and additional storage.

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Apartment Building with Updated Units
Apartment Building with Updated Units

405 W Church Street, Marshalltown, IA 50158

$175,000
3,110 sqft 0.25 AC lot

Five-unit residential property with recent improvements to two apartments and public water and sewer service.

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Five-Unit Victorian Apartment Building
Five-Unit Victorian Apartment Building

3400 Ravina Drive, Des Moines, IA 50313

$190,000
4,067 sqft 0.37 AC lot

Historic multifamily property with preserved architectural features, multiple garages, and a mix of updated and unfinished units.

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Two-Bedroom 6-Unit Apartment Building
Two-Bedroom 6-Unit Apartment Building

2340 Central Ave, Dubuque, IA 52001

$500,000
4,298 sqft

6 units with two bedrooms each and plenty of off-street parking, with separate gas meters for tenant billing flexibility.

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11-Unit Multifamily Apartment Building
11-Unit Multifamily Apartment Building

1806 Main Street, Gowrie, IA 50543

$499,900
9,214 sqft 1.14 AC lot

Residential units include one- and two-bedroom layouts, with shared laundry, parking, and community amenities.

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7-Unit Apartment Building
7-Unit Apartment Building

20 S Lucas St, Iowa City, IA 52240

$675,000
3,302 sqft

Walkable to downtown and campus with coin laundry and a detached garage.

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Five-Unit Apartment Building
Five-Unit Apartment Building

316 Boone Street, Boone, IA 50036

$225,000
3,269 sqft 0.25 AC lot

Multifamily property with refreshed interiors, a spacious front porch, and public water and sewer service.

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Three-Building Apartment Property
Three-Building Apartment Property

1735 Madison St, Dubuque, IA 52001

$750,000
8,496 sqft

Eight rental units span three historic buildings with views and a recognizable architectural character.

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Five-Unit Apartment Building
Five-Unit Apartment Building

2931 Kingman Boulevard, Des Moines, IA 50311

$365,000
3,367 sqft 0.26 AC lot

Updated interiors, assigned off-street parking, and a detached garage support the property’s multifamily layout.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

925 Broad St, Grinnell, IA 50112

$825,000
10,000 sqft

Downtown property combines street-level commercial space with updated upper-floor apartments and tenant-paid heat, electric, and water.

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6-Unit Apartment Building
6-Unit Apartment Building

1072 27th Street, Des Moines, IA 50311

$270,000
2,769 sqft 0.16 AC lot

Six-unit property near Drake University with one residence under renovation and five occupied units.

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Iowa Apartment Buildings Market Trends and Statistics

Explore 264 apartment buildings for sale in Iowa, showcased through 264 active listings on our real estate platform. These investment opportunities span a total of 2,473,338 square feet of properties for sale, with an estimated market value of $205,219,189.

Sale prices for two-family homes in Iowa start at $55,000, averaging $1,259,013, and reaching up to $12,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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