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Iowa Apartment Buildings for Sale

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Des Moines, IA Cedar Rapids, IA Sioux City, IA Waterloo, IA Dubuque, IA Iowa City, IA Cedar Falls, IA Davenport, IA
198 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 units: 10 conventional apartments and 7 furnished, dorm‑style rooms
10,882 square feet on a 0.35‑acre parcel
Furnished rooms support short‑term stays
Built in 1947
Located along Hwy 71 at 2212 Okoboji Ave, Milford, IA 51351
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Downtown Mixed-Use Building
Updated: Jun 26
Downtown Mixed-Use Building

546 2nd Street, Webster City, IA 50595

$875,000
19,980 sqft 0.25 AC lot
11 apartments: 6 one‑bedroom, 2 two‑bedroom, and 3 studios
Two commercial suites with 3‑year and 4‑year lease terms
2026 improvements include roof, PEX plumbing, RTU, furnaces, and appliances
Security cameras, key fob access, and on‑site coin laundry
86% occupied with mostly year‑plus leases
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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 Apartment Building
Renovated Apartment Building

210 19th St. NE, Cedar Rapids, IA 52402

$2,000,000
8,520 sqft

Updated apartment interiors and mechanical systems support a refreshed multifamily property.

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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

Coin laundry and dedicated off-street parking serve residents, with window and central air conditioning in place.

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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

Three residences have been renovated, while private entrances and in-wall air conditioning serve every unit.

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8-Unit Brick Apartment Building
8-Unit Brick Apartment Building

810 7th Street, Sheldon, IA 51201

$629,000
6,357 sqft 0.14 AC lot

The property combines conventional apartments with four units configured for short-term rental use.

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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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Mixed-Use Property with Two Buildings
Mixed-Use Property with Two Buildings

2312 Forest Avenue, Des Moines, IA 50311

$200,000
7,238 sqft 0.26 AC lot

Two structures combine commercial space with residential redevelopment areas.

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15-Unit Apartment Building
15-Unit Apartment Building

301 21st Street, Sioux City, IA 51104

$1,025,000
9,000 sqft 0.08 AC lot

Four levels of one-bedroom residences feature remodeled interiors and new appliances.

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20-Unit Apartment Building
20-Unit Apartment Building

410 Talbott Street, Iowa Falls, IA 50126

$1,600,000
19,630 sqft 0.95 AC lot

Residents have central air, private outdoor space, secure entry, and in-unit washer and dryer connections.

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Six-Unit Apartment Building
Six-Unit Apartment Building

306 S 5th Street, Guthrie Center, IA 50115

$375,000
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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Five-Unit Victorian Apartment Building
Five-Unit Victorian Apartment Building

3400 Ravina Drive, Des Moines, IA 50313

$185,000
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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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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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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26-Unit Apartment Building
26-Unit Apartment Building

131 N 8th St, Fort Dodge, IA 50501

$995,000
15,152 sqft 0.48 AC lot

Residential multifamily property with on-site laundry, carport parking, and a varied bedroom mix.

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24-Unit Apartment Community
24-Unit Apartment Community

325 West 18th Street, Washington, IA 52353

$2,000,000
34,704 sqft 2.61 AC lot

Residents have in-unit laundry, central air, private outdoor space, and secure building access.

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12-Unit Mixed-Use Property
12-Unit Mixed-Use Property

1201 E South Street, Mount Ayr, IA 50854

$999,500
2.25 AC lot

Apartments share the property with office and retail space, including clinic space under lease.

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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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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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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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Five-Unit Apartment Building
Five-Unit Apartment Building

2931 Kingman Boulevard, Des Moines, IA 50311

$360,000
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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17-Unit Apartment Building
17-Unit Apartment Building

1009 Thorndale, Waterloo, IA 50701

$675,000
8,064 sqft

The fully occupied property has a new roof and siding.

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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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Iowa Apartment Buildings Market Trends and Statistics

Explore 198 apartment buildings for sale in Iowa, showcased through 198 active listings on our real estate platform. These investment opportunities span a total of 2,100,758 square feet of properties for sale, with an estimated market value of $198,085,181.

Sale prices for apartment complexes in Iowa start at $64,900, averaging $1,230,342, 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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