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Iowa Apartment Buildings for Sale

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Des Moines, IA Cedar Rapids, IA Waterloo, IA Sioux City, IA Dubuque, IA Iowa City, IA Davenport, IA Cedar Falls, IA
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Historic Hotel Stuart Renovated
Historic Hotel Stuart Renovated

203 Front St, Stuart, IA 50250

$875,000
5,130 sqft

Renovated historic hotel with retail and apartment units.

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203 Front St, Stuart, IA 50250

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Income-Producing Multifamily Property For Sale
Income-Producing Multifamily Property For Sale

717 Franklin Avenue, Des Moines, IA 50314

$269,000
0.30 AC lot

Six-unit multifamily property with income and parking.

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Seven-Unit Apartment Community with Garages
Seven-Unit Apartment Community with Garages

823 Doran Drive, Boone, IA 50036

$425,000

Small multifamily in Boone offers studio and 1–2 bedroom units plus detached garages and surface parking.

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Multifamily Investment Property Near Campus
Multifamily Investment Property Near Campus

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

$3,650,000
16,128 sqft

Three buildings with 42 units near UIHC and Kinnick Stadium.

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Renovated 1BR Apartment Building
Renovated 1BR Apartment Building

2042 West 4th Street, Davenport, IA 52802

$440,000

Eight fully renovated 1BR/1BA units with replaced HVAC and in-unit gas-electric plus water-sewer.

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High-Density Multifamily Property
High-Density Multifamily Property

2750 10th Street, Marion, IA 52302

$297,000

Multifamily property for sale currently zoned MR-2 High Density Multifamily Residential.

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Central Air 12-Unit Apartment Building
Central Air 12-Unit Apartment Building

515 S COLLEGE ST, Sioux City, IA 51106

$960,000

Fully occupied 12-unit building with 1- and 2-bedroom units, central air, and washer/dryer hookups.

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Multifamily Building with Commercial Space
Multifamily Building with Commercial Space

124 S Main St, Woodward, IA 50276

$400,000

Nine apartments plus two commercial units, supported by a rental history with low vacancy rates.

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8-Plex Residential Income Property
8-Plex Residential Income Property

207 S Lake Street, Lake Mills, IA 50450

$165,000

8-plex rental property with six one-bedroom and two two-bedroom apartments, with select units updated with newer flooring and paint.

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Mixed-Use Laundromat and Apartments
Mixed-Use Laundromat and Apartments

115 S Main St, Woodward, IA 50276

$223,000

Income-focused mixed-use property combining a commercial laundromat with five rental units.

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Move-In Ready First Floor Condo
Move-In Ready First Floor Condo

3415 EASTERN Avenue, Davenport, IA 52807

$221,000
0.02 AC lot

First-floor condo with open floor plan, modern kitchen, and patios.

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Nearly Complete 15-Unit Condominium Portfolio
Nearly Complete 15-Unit Condominium Portfolio

104 1st Ave E, Newton, IA 50208

Contact for pricing
7,693 sqft

For sale as a complete 15-unit condominium portfolio with updates underway, including a 2025 roof replacement.

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Multifamily and Medical Office Building
Multifamily and Medical Office Building

1201 E South Street, Mount Ayr, IA 50854

$1,100,000

A 12-unit residential complex with an on-site medical office, set on over 2 acres along Highway 2.

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Five-Unit Apartment Income Property
Five-Unit Apartment Income Property

1818 Esplanade Avenue, Davenport, IA 52803

$325,000

Fully rented five-unit building with three 2-bedroom and two 1-bedroom apartments generating monthly rent.

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Three-Building Apartment Portfolio
Three-Building Apartment Portfolio

Iowa City, IA 52246

$3,650,000

For sale three-building multifamily property with 42 units, including studios and one-bedrooms, and recent roof replacement.

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5-Unit Apartment Building
5-Unit Apartment Building

536 10th Avenue South, Clinton, IA 52732

$250,000

Well-maintained 5-unit apartment complex with multiple recent interior and exterior upgrades, including remodeled bathrooms and new windows.

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Historic Senior Living Community
Historic Senior Living Community

25 Linden Ave S, Council Bluffs, IA 51503

$2,950,000
63,097 sqft

36-unit independent senior living community in Council Bluffs, Iowa.

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Renovated Multifamily Asset, Algona, IA
Renovated Multifamily Asset, Algona, IA

1906 90th Avenue, Algona, IA 50511

$1,200,000

Fully renovated multifamily asset with income and development potential.

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Senior Apartment Complex with Annex
Senior Apartment Complex with Annex

5300 Stone Ave, Sioux City, IA 51106

$4,650,000
2.83 AC lot

HUD senior housing community with two buildings totaling 70 apartments and amenities including controlled access and laundry.

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Brick Mixed-Use Income Property
Brick Mixed-Use Income Property

1735 Central Avenue, Dubuque, IA 52001

$350,000

A fully rented mixed-use brick building with one storefront and four apartments, supported by multiple utilities and a full basement.

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8-Unit Apartment Building
8-Unit Apartment Building

811 N Montgomery Avenue, Eagle Grove, IA 50533

$1,200,000

Mostly occupied 8-plex with 2- and 3-bedroom units and tenant-paid utilities through separate service meters.

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Spirit Lake Eight-Unit Apartment Building
Spirit Lake Eight-Unit Apartment Building

1501 Hill Ave, Spirit Lake, IA 51360

$900,000

Eight-unit apartment building in downtown Spirit Lake, Iowa.

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Apartment Complex for Senior Living
Apartment Complex for Senior Living

5300 Stone Ave, Sioux City, IA 51106

$4,650,000
2.83 AC lot

70-unit apartment complex for residents 62 years and older.

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Class A Apartment Community
Class A Apartment Community

426 16th Street NW, Waverly, IA 50677

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Turnkey 15-unit Class A building with in-unit laundry and elevator service, maintained to institutional standards.

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