Multifamily

Iowa Multifamily Properties 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
766 properties
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Mixed-Use Building with Apartments
Updated: Sep 3
Mixed-Use Building with Apartments

122 2nd Street SE, Swisher, IA 52338

$699,950
4,800 sqft 0.39 AC lot
4,800‑square‑foot mixed‑use building on 0.39 acres
Four one‑bedroom apartments located on the upper floor
Commercial space occupies the main level
Comm zoning
Frame construction with wood flooring and shingle roof
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17-Unit Apartment Property
Updated: Aug 17
17-Unit Apartment Property

2212 Okoboji Ave, Milford, IA 51351

$950,000
10,882 sqft 0.35 AC lot
17 accommodations: 10 conventional apartments and 7 furnished dormitory‑style rooms
10,882 square feet on 0.35 acres
Built in 1947
Fully occupied
Located on Hwy 71 in Milford, within the Okoboji lake region
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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 unit mix includes six three-bedroom apartments and four one-bedroom rentals currently arranged for short-term stays.

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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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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

Renovated one-bedroom apartments and a recently replaced roof distinguish this income property.

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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

Seven one-bedroom residences have private entrances and in-wall air conditioning.

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Mixed-Use Building with 4 Apartments
Mixed-Use Building with 4 Apartments

122 2nd Street SE, Swisher, IA 52338

$699,950
4,800 sqft

Main-level commercial space is paired with four upstairs one-bedroom apartments.

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Brick Duplex with Private Entrances
Brick Duplex with Private Entrances

2139 Central Avenue, Dubuque, IA 52001

$159,000
5,472 sqft

Two residential units feature separate access, central air, forced-air heat, and convenient downtown surroundings.

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Downtown Mixed-Use Building
Downtown Mixed-Use Building

546 2nd Street, Webster City, IA 50595

$875,000
19,980 sqft 0.25 AC lot

Renovated brick-and-steel property combines apartment residences with leased commercial suites and on-site coin laundry.

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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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Brick Ranch Duplex
Brick Ranch Duplex

3920-3922 E 38th Street, Des Moines, IA 50317

$240,000
1,536 sqft 0.55 AC lot

Two-unit rental property with separate kitchens, living areas, off-street parking, and public utilities.

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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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Multifamily Property with Off-Street Parking
Multifamily Property with Off-Street Parking

1601-1607 Centerpoint Rd NE, Cedar Rapids, IA 52402

$1,300,000
7,168 sqft

Two-bedroom residences offer central air, shared laundry, and dedicated parking.

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Remodeled Side-by-Side Duplex
Remodeled Side-by-Side Duplex

622 SW Maple Street, Ankeny, IA 50023

$309,900
1,716 sqft 0.23 AC lot

Occupied two-unit property with updated interiors, private utility responsibility, and public water and sewer service.

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Four-Unit Apartment Building
Four-Unit Apartment Building

1240 32nd Street, Des Moines, IA 50311

$349,900
2,492 sqft 0.29 AC lot

The apartment mix includes one- and two-bedroom layouts, with updated sewer and water lines.

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Remodeled Mixed-Use Property
Remodeled Mixed-Use Property

1555 Central Ave, Dubuque, IA 52001

$535,000
4,058 sqft

Renovated commercial space is combined with two leased apartments, a garage, basement, and flexible C4-zoned configuration.

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8-Unit Multifamily Property
8-Unit Multifamily Property

1822 9th Avenue S, Fort Dodge, IA 50501

$459,900
6,912 sqft 0.41 AC lot

Two buildings each contain four two-bedroom apartments, totaling eight rental 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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7-Unit Apartment Building
7-Unit Apartment Building

3312 TRANSIT AVE, Sioux City, IA 51106

$630,000
2,944 sqft 0.24 AC lot

Seven one-bedroom residences share on-site laundry, dedicated parking, and a mix of window and central air conditioning.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

1043 & 1053 Main St, Dubuque, IA 52001

$749,000
5,500 sqft

Two retail spaces and two remodeled apartments provide four established income streams.

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2-Bedroom Duplex with Attached Garage
2-Bedroom Duplex with Attached Garage

903 Iowa Drive, Manning, IA 51455

$279,900
1,213 sqft 0.20 AC lot

Single-level layout combines an open kitchen, dining, and living area with included appliances.

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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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Two-Story Duplex with Carport
Two-Story Duplex with Carport

1146 N Elm Street, Ottumwa, IA 52501

$133,000
2,466 sqft 1.49 AC lot

Two separate residences share a vinyl-sided building with a spacious yard and off-street covered parking.

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Iowa Multifamily Properties Market Trends and Statistics

Explore 766 multifamily properties for sale in Iowa, showcased through 766 active listings on our real estate platform. These investment opportunities span a total of 3,623,394 square feet of properties for sale, with an estimated market value of $390,044,625.

Sale prices for multifamily properties in Iowa start at $34,500, averaging $569,408, 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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