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    Iowa Multifamily Properties for Sale

    372 results
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    Highland Park 7-Unit Multifamily Property
    $300,000
    3,306 SF

    Highland Park 7-Unit Multifamily Property

    3419 1St St, Des Moines, IA 50313

    Turnkey investment property with strong rental history in Des Moines.

    • Strong, consistent income from a fully leased 7‑unit multi‑family property.
    • Prime Highland Park location with easy access to transportation, shopping, and amenities.
    • Current rental certificate in place, ensuring compliance and immediate operation.
    • Separately metered utilities for simplified management and tenant billing.
    • Recent upgrades including a new roof, new sewer line, and backflow system (installed in 2025).
    Updated: Feb 25
    View details
    New Multifamily Property in Hiawatha
    $850,000
    5,250 SF

    New Multifamily Property in Hiawatha

    225 Clymer Rd, Hiawatha, IA 52233

    New three-unit multifamily property with modern amenities and flexible rental options.

    • Brand‑new multifamily property: Low‑maintenance investment in a high‑demand location near I‑380, schools, and medical centers.
    • Three spacious, two‑story units, each with 3 bedrooms and 2.5 bathrooms, offering approximately 1,750 finished square feet.
    • High‑quality finishes including white cabinetry, quartz countertops, and stainless steel appliances with durable LVP flooring.
    • Separately metered utilities and ample off‑street parking provide ease of management and tenant appeal.
    • No HOA or restrictive covenants, offering flexibility for various rental strategies (subject to local regulations).
    Updated: Feb 18
    View details
    Spirit Lake Eight-Unit Apartment Building
    $900,000
    8,064 SF

    Spirit Lake Eight-Unit Apartment Building

    Well-maintained eight-unit apartment building in revitalizing downtown Spirit Lake.

    1501 Hill Ave, Spirit Lake, IA 51360
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    Turnkey Duplex with Income Potential
    $325,000
    1,768 SF

    Turnkey Duplex with Income Potential

    Des Moines duplex: immediate income, spacious units, finished basements.

    1008 Kingman Cir, Des Moines, IA 50311
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    Mixed-Use Property in Sioux City
    $375,000
    4,800 SF

    Mixed-Use Property in Sioux City

    Retail space plus four apartments in Sioux City, Iowa.

    4001 Floyd Blvd, Sioux City, IA 51108
    View details
    Iowa City Duplex For Sale
    Pending
    $329,900
    2,142 SF

    Iowa City Duplex For Sale

    Well-maintained duplex near downtown Iowa City with off-street parking.

    838-840 Page St, Iowa City, IA 52240
    View details
    Fort Dodge Multifamily Investment
    $440,000
    9,063 SF

    Fort Dodge Multifamily Investment

    Eleven-unit brick building in Fort Dodge, Iowa.

    319 N 11Th St, Fort Dodge, IA 50501
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    Des Moines Fourplex Investment Opportunity
    $310,000
    2,509 SF

    Des Moines Fourplex Investment Opportunity

    Fourplex near Drake College, ideal for investors or owner-occupants.

    1148 36Th St, Des Moines, IA 50311
    View details
    Remodeled Duplex Near Clear Lake
    $450,000
    2,818 SF

    Remodeled Duplex Near Clear Lake

    Turnkey duplex near Clear Lake's entertainment and downtown district.

    11 Sunset View Dr, Clear Lake, IA 50428
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    Sherman Hill Multifamily Investment
    $475,000
    5,692 SF

    Sherman Hill Multifamily Investment

    Six-unit property in Des Moines' desirable Sherman Hill neighborhood.

    686 19Th St, Des Moines, IA 50314
    View details
    Five-Unit Multifamily Property in Des Moines
    $350,000
    2,522 SF

    Five-Unit Multifamily Property in Des Moines

    Well-located 5-unit multifamily property with long-term tenants and upside.

    2936 Brattleboro Ave, Des Moines, IA 50311
    View details
    Ida Grove Triplex For Sale
    $349,000
    1.06 Acres

    Ida Grove Triplex For Sale

    Fully occupied triplex with immediate income and private parking.

    800 Valley View Dr, Ida Grove, IA 51445
    View details
    Des Moines Fourplex Near Drake
    $339,900
    2,492 SF

    Des Moines Fourplex Near Drake

    Fourplex near Drake University with updated units.

    1240 32Nd St, Des Moines, IA 50311
    View details
    Well-Maintained Multifamily Investment Opportunity
    $464,900
    9,214 SF

    Well-Maintained Multifamily Investment Opportunity

    Eleven-unit property in excellent condition with strong income potential.

    1806 Main St, Gowrie, IA 50543
    View details
    Income-Producing Four-Unit Multifamily Property
    $225,000
    2,532 SF

    Income-Producing Four-Unit Multifamily Property

    Remodeled four-unit property in Centerville, Iowa, generating $2,450 monthly.

    427 E State St, Centerville, IA 52544
    View details
    Mixed-Use Brick Income Property
    $350,000

    Mixed-Use Brick Income Property

    Fully rented mixed-use property with commercial space and apartments.

    1735 Central Ave, Dubuque, IA 52001
    View details
    Des Moines Brick Duplex
    Pending
    $288,000
    2,009 SF

    Des Moines Brick Duplex

    All-brick duplex with investment potential in Des Moines, Iowa.

    1305 NE 51St Ave, Des Moines, IA 50313
    View details
    Historic Mixed-Use Property in LeMars
    $625,000
    0.09 Acres

    Historic Mixed-Use Property in LeMars

    Renovated historic commercial building with income-generating apartments in LeMars, Iowa.

    30 Plymouth St SW, Le Mars, IA 51031
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    Iowa City Duplex with Charm
    $350,000
    1,495 SF

    Iowa City Duplex with Charm

    Charming Iowa City duplex, ideal for investors or house-hacking.

    841-843 Summit St S, Iowa City, IA 52245
    View details
    24-Unit Multifamily Investment Opportunity
    $1,550,000
    9,751 SF

    24-Unit Multifamily Investment Opportunity

    High-performing, fully occupied 24-unit complex in Knoxville, Iowa.

    1718 Dolores St, Knoxville, IA 50138
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    Updated Fourplex in Dubuque, Iowa
    $400,000
    5,520 SF

    Updated Fourplex in Dubuque, Iowa

    Updated fourplex with four 2-bedroom units, ideal for investors.

    251 West 17Th St, Dubuque, IA 52001
    View details
    Desirable Duplex with Rental Certificate
    $225,000
    918 SF

    Desirable Duplex with Rental Certificate

    Duplex with new roof and rental certificate through 2028.

    1114 Carrie Ave, Des Moines, IA 50315
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    Historic Landmark with Event Spaces
    Pending
    $249,000
    6,000 SF

    Historic Landmark with Event Spaces

    Remarkable Ottumwa landmark with event spaces and apartment potential.

    220 N Court St, Ottumwa, IA 52501
    View details
    Updated Quadplex in Everly, Iowa
    $230,000
    1,488 SF

    Updated Quadplex in Everly, Iowa

    Four-unit property with consistent layout and recent updates.

    303 E 3Rd St, Everly, IA 51338
    View details

    Iowa Multifamily Properties Investment Opportunities Market Analysis

    Explore 2646 multifamily properties for sale in Iowa, showcased through 372 active listings on our real estate platform. These investment opportunities span a total of 583,218,860 square feet of properties for sale, with an estimated market value of $1,156,748,926.

    Sale prices for multifamily properties in Iowa start at $33,500, averaging $926,140, and reaching up to $29,440,000 — 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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