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Iowa Apartment Buildings for Sale

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Des Moines, IA Cedar Rapids, IA Sioux City, IA Waterloo, IA Iowa City, IA Dubuque, IA Davenport, IA Cedar Falls, IA
264 properties
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Waterloo 12-Unit Apartment Complex
Waterloo 12-Unit Apartment Complex

1110 DOREEN AVE, Waterloo, IA 50701

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10,773 sqft

Well-maintained 12-unit apartment complex in Waterloo, Iowa.

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Newer Construction Multifamily Building
Newer Construction Multifamily Building

1720 Morningside Avenue, Sioux City, IA 51106

$3,850,000

Built in 2023, this 24-unit apartment complex includes six 3-bedroom and eighteen 2-bedroom units.

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7-Unit Apartment Building
7-Unit Apartment Building

436 N Jefferson Street, Ottumwa, IA 52501

$165,000

Occupied units feature separate electric metering, with landlord-paid water, sewer, and trash.

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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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Renovated 44-Unit Apartment Building
Renovated 44-Unit Apartment Building

1203 E 11th St, Davenport, IA 52803

$2,480,000

44 one-bedroom, one-bath units with on-site parking and two storage garages available to rent.

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11-Unit Apartment Building
11-Unit Apartment Building

4671 Northwest 50th Street, Des Moines, IA 50310

$675,000

Well-kept 11-unit apartment building built in 1969 and renovated in 2025 with individual heating and central A/C.

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Updated 5-Unit Apartment Building
Updated 5-Unit Apartment Building

205 W 5th St, Vinton, IA 52349

$149,500

Unit mix includes one-bedroom and efficiency apartments with dedicated off-street parking.

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Historic Six-Story Apartment Building
Historic Six-Story Apartment Building

511 Pershing Ave, Davenport, IA 52803

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84,444 sqft

Renovated loft residences offer varied layouts, exposed brick, reclaimed wood islands, and stainless steel appliances.

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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 St, Lake Mills, IA 50450

$150,000

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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Historic Mixed-Use Property
Historic Mixed-Use Property

40-44 Main Street, Dubuque, IA 52001

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14,115 sqft

Combines apartment residences with street-level retail and a rooftop deck overlooking the Mississippi River.

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42-Unit Apartment Buildings
42-Unit Apartment Buildings

Iowa City, IA 52246

$3,650,000

Three-building multifamily property with updated interiors, off-street parking, and proximity to major university-related destinations.

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Updated 8-Unit Apartment Building
Updated 8-Unit Apartment Building

732 High Street, Arlington, IA 50606

$460,000

Established multifamily property with renovated flooring, new garage units, and reported renter demand.

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Ames Iowa Student Housing Portfolio
Ames Iowa Student Housing Portfolio

626 South 16th Street, Ames, IA 50010

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31,307 sqft

47-unit multifamily portfolio near Iowa State University for sale.

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45-Unit Apartment Building
45-Unit Apartment Building

444 Angella St, Dubuque, IA 52001

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36,540 sqft

Remodeled multifamily property with updated interiors, in-unit heating and cooling, and infrastructure supporting future laundry installation.

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9-Unit Apartment Building
9-Unit Apartment Building

212 East 6th Street, Davenport, IA 52803

$295,000

Multifamily property with tenant-paid electric and water service.

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Senior Apartment Complex
Senior Apartment Complex

5300 Stone Ave, Sioux City, IA 51106

$4,650,000
2.83 AC lot

HUD-regulated housing community for residents age 62 and older with controlled access, laundry facilities, and outdoor patio space.

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12-Unit Two-Story Apartment Building
12-Unit Two-Story Apartment Building

515-525 S COLLEGE ST, Sioux City, IA 51106

$960,000

Fully occupied multifamily property with central air, laundry hookups, and on-site parking.

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7-Unit Apartment Building
7-Unit Apartment Building

3419 First Street, Des Moines, IA 50313

$279,900

Fully leased property with separately metered utilities and a current rental certificate.

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56-Unit Apartment Building
56-Unit Apartment Building

315 1st St S, Newton, IA 50208

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41,888 sqft

Fully occupied apartment property with one-bedroom residences and on-site resident amenities.

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44-Unit Townhome Apartment Portfolio
44-Unit Townhome Apartment Portfolio

1600 26th St #ET AL, Sioux City, IA 51104

$4,950,000

Two-site offering includes unfinished basements and an adjacent vacant lot.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

1501 Hill Ave, Spirit Lake, IA 51360

$900,000

Multi-unit property offers detached garage parking, basement storage, and shared laundry facilities.

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