Iowa Apartment buildings for sale

$825,000

6,625 SF

Brick Multifamily Income Property

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

13-unit brick residential income property with tenant-paid utilities and full occupancy.

13‑unit commercial property with 100% occupancy and over $9,000 in monthly rental income
Unit mix includes several 1‑bedroom brick homes, four studio apartments, and two 2‑bedroom units
All major appliances stay with the units
Tenants pay for all utilities except water
Air conditioning units are tenant‑owned

Updated: Apr 16

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Versatile Commercial Property with Income

$1,599,000

2,700 SF

Versatile Commercial Property with Income

Iowa City, IA 52246

Mixed-use property with bays, office space, and apartment potential.

Large commercial space with flexible layout, including bays and office area, suitable for various business needs.
Multiple income streams possible through business operation, space rental, and apartment conversion.
Four upper‑level units convertible to apartments for additional income.
3‑Phase electric service ideal for commercial or light industrial use.
Ample outdoor parking and storage space, a rare advantage for commercial properties.

Updated: Apr 8

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$595,000

3,967 SF

Grand Avenue Multifamily Investment

Multi-family property with strong income potential in desirable Grand Avenue.

3103 Grand Avenue, Des Moines, IA 50312

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Colfax Multifamily Investment Opportunity

$1,800,000

9,420 SF

Colfax Multifamily Investment Opportunity

Well-maintained 22-unit apartment complex in Colfax, Iowa.

24 N Maple Street, Colfax, IA 50054

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Well-Maintained Multifamily Investment Opportunity

$459,900

9,214 SF

Well-Maintained Multifamily Investment Opportunity

Eleven-unit multifamily property with income potential in Gowrie, Iowa.

1806 Main Street, Gowrie, IA 50543

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Des Moines Multifamily Investment Opportunity

$385,000

3,367 SF

Des Moines Multifamily Investment Opportunity

Five-unit property in Kingman neighborhood with off-street parking.

2931 Kingman Boulevard, Des Moines, IA 50311

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$995,000

8,267 SF

Ames 8-Plex Investment Opportunity

Turnkey 8-unit multifamily property with strong rental history in Ames.

215 Jewel Drive, Ames, IA 50010

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$499,500

4,025 SF

Turnkey Multifamily Investment

Turnkey five-unit property with coin laundry and dedicated storage in an established residential setting.

543 53rd Street, Des Moines, IA 50312

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Historic Mixed-Use Investment Opportunity

$425,000

4,647 SF

Historic Mixed-Use Investment Opportunity

Mixed-use property with income potential in Cedar Rapids' Czech Village.

219 16th Avenue SE, Cedar Rapids, IA 52401

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$225,000

3,269 SF

Well-Kept Boone Investment Property

Five-unit residential building with long-term tenants and recent updates.

316 Boone Street, Boone, IA 50036

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Central City Multifamily Investment Property

$439,000

5,000 SF

Central City Multifamily Investment Property

Well-maintained 6-unit property with strong occupancy history.

50 W Broadway, Central City, IA 52214

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Mixed-Use Investment in Downtown Indianola

$350,000

2,400 SF

Mixed-Use Investment in Downtown Indianola

Mixed-use property with commercial space and apartments in prime location.

120 N Howard Street, Indianola, IA 50125

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$210,000

4,067 SF

Converted Victorian Five-Unit Property

Five-unit multifamily built in 1897 with preserved Victorian character, attached and detached garages, and laundry hookups.

3400 Ravina Drive, Des Moines, IA 50313

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Income-Producing Multifamily Property in Des Moines

$279,900

3,306 SF

Income-Producing Multifamily Property in Des Moines

Seven-unit multifamily property with immediate cash flow and future upside.

3419 1st Street, Des Moines, IA 50313

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$755,000

0.21 Acres

Mixed-Use Building with Apartments

Multi-office lower level with five residential units upstairs, separately metered, coin laundry, and recent roof and HVAC updates.

805 W Bremer Avenue, Waverly, IA 50677

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Iowa City Condominium Investment Opportunity

$1,450,000

11,088 SF

Iowa City Condominium Investment Opportunity

Twelve condominiums with rental history near UIHC and schools.