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    Iowa Multifamily Properties for Sale

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    Des Moines, IA Sioux City, IA Cedar Rapids, IA
    420 results
    Fully Occupied Multifamily Investment Property
    $850,000
    6,625 SF

    Fully Occupied Multifamily Investment Property

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

    Thirteen-unit multifamily property with immediate cash flow in Sioux City.

    • Immediate, stabilized cash flow with over $9,000 in monthly rental income.
    • Enjoy 100% occupancy rate across 13 diverse units (1‑bedroom brick homes, studios, and 2‑bedroom units).
    • Tenants pay for all utilities except water, ensuring predictable overhead.
    • All major appliances included with units for a seamless transition.
    • One unit features a full basement with potential for conversion to additional living space and increased ROI.
    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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    Grand Avenue Multifamily Investment
    $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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    Turnkey Multifamily Investment Opportunity
    $549,000
    4,025 SF

    Turnkey Multifamily Investment Opportunity

    Five-unit multifamily property in the Waterbury neighborhood.

    543 53rd Street, Des Moines, IA 50312
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    New Multifamily Property in Hiawatha
    $850,000
    5,250 SF

    New Multifamily Property in Hiawatha

    Newly constructed triplex with immediate income and strong hold potential.

    225 Clymer Road, Hiawatha, IA 52233
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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
    View details
    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
    View details
    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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    Iowa City Multifamily Condominiums
    $520,000
    3,696 SF

    Iowa City Multifamily Condominiums

    Four condominiums with rental history near UIHC and schools.

    Iowa City, IA 52246
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    Sioux City Multifamily Investment
    $869,900
    924 SF

    Sioux City Multifamily Investment

    Six-unit multifamily property in Sioux City, fully rented.

    1520-22 Martha, Sioux City, IA 51105
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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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    Multifamily Property in Drake Area
    $330,000
    2,522 SF

    Multifamily Property in Drake Area

    Five-unit building with income potential in Des Moines, Iowa.

    2936 Brattleboro Avenue, Des Moines, IA 50311
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    Income-Producing Investment in Williamsburg, IA
    $315,000
    5,300 SF

    Income-Producing Investment in Williamsburg, IA

    Renovated commercial property with diverse income streams and prime location.

    306 W State Street, Williamsburg, IA 52361
    View details
    Ames 8-Plex Investment Opportunity
    $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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    Multi-Unit Building Near University
    $550,000
    4,000 SF

    Multi-Unit Building Near University

    Nine-unit building with strong rental history and convenient location.

    Iowa City, IA 52240
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    Ames Multifamily Investment Opportunity
    $520,000
    3,596 SF

    Ames Multifamily Investment Opportunity

    Two well-maintained duplexes with strong rental history in Ames, Iowa.

    913 Garfield Avenue, Ames, IA 50014
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    Updated Duplex in Des Moines
    $309,900
    2,352 SF

    Updated Duplex in Des Moines

    Updated duplex with tenant, new roof, HVAC, and updated wiring.

    2404 57th Street, Des Moines, IA 50310
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    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 Drive, Clear Lake, IA 50428
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    Renovated Multifamily Portfolio in Hawarden
    $2,240,000
    2,208 SF

    Renovated Multifamily Portfolio in Hawarden

    32-unit multifamily portfolio with renovated units in Hawarden, Iowa.

    1115 CENTRAL AVE, Hawarden, IA 51023
    View details
    Income-Producing 6-Plex Near Downtown
    $314,900
    3,250 SF

    Income-Producing 6-Plex Near Downtown

    Spacious 6-plex with high occupancy and additional expansion lot.

    306 Haskell St., Fort Dodge, IA 50501
    View details
    Coralville Commercial Property with Upside
    $6,450,000
    3,500 SF

    Coralville Commercial Property with Upside

    Short-term and commercial rental property with income potential in Coralville.

    320 2nd St, Coralville, IA 52241
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    New Duplex in Manning, Iowa
    $289,900
    1,590 SF

    New Duplex in Manning, Iowa

    New 3-bedroom duplex with open floor plan and modern amenities.

    109 Center Street, Manning, IA 51455
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    Iowa City Commercial Development Opportunity
    $1,975,000
    0.77 Acres

    Iowa City Commercial Development Opportunity

    High-visibility commercial property near University of Iowa with income potential.

    Iowa City, IA 52240
    View details
    Brick Duplex with Income Potential
    $170,000
    4,536 SF

    Brick Duplex with Income Potential

    Classic duplex in Mason City with strong income potential.

    25-27 6th Street NW, Mason City, IA 50401
    View details

    Iowa Multifamily Properties Investment Opportunities Market Analysis

    Explore 420 multifamily properties for sale in Iowa, showcased through 420 active listings on our real estate platform. These investment opportunities span a total of 1,742,392 square feet of properties for sale, with an estimated market value of $200,361,953.

    Sale prices for multifamily properties in Iowa start at $39,500, averaging $665,654, and reaching up to $7,350,000 — 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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