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    Black Hawk County, IA 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
    48 properties
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    Duplex with Triple Garage
    Updated: Sep 23
    Duplex with Triple Garage

    3306 Midway Drive, Waterloo, IA 50701

    $335,000
    0.60 AC lot
    Duplex with two separate living spaces
    0.6‑acre corner lot with mature trees and established landscaping
    Main residence includes 2 bedrooms, full bathroom, updated kitchen, laundry, and unfinished basement
    Secondary unit has an open kitchen and living room, bedroom, and full bathroom
    Detached triple garage for vehicles, storage, hobbies, or workshop use
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    4-Unit Quadplex with Garage
    Updated: Oct 6
    4-Unit Quadplex with Garage

    706 W 12th Street, Cedar Falls, IA 50613

    $270,000
    0.24 AC lot
    Four one‑bedroom, one‑bathroom units
    Refrigerator and stove in each unit
    Garage parking
    0.24‑acre lot; R‑M zoning
    Vinyl siding and window casings added in 2024
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    Duplex With Two-Stall Garage
    Duplex With Two-Stall Garage

    918-920 W 4th Street, Waterloo, IA 50702

    $184,999
    0.23 AC lot

    Separate entrances support independent access for both occupied rental units.

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    17-Unit Apartment Building
    17-Unit Apartment Building

    1009 Thorndale, Waterloo, IA 50701

    $675,000
    8,064 sqft

    The fully occupied property has a new roof and siding.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    2508 Olive Street, Cedar Falls, IA 50613

    $235,000
    0.20 AC lot

    Fully leased apartments with included appliances, off-street parking, and alley access.

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    Four-Unit Quadplex with Parking
    Four-Unit Quadplex with Parking

    2504 Olive Street, Cedar Falls, IA 50613

    $235,000
    0.20 AC lot

    Fully occupied residential income property with separate apartments, included appliances, and public utilities except internet.

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    Apartment Building with Central Air
    Apartment Building with Central Air

    2222 Walnut Street, Cedar Falls, IA 50613

    $480,000
    0.20 AC lot

    R-3-zoned apartment property near UNI campus with public utilities and separately metered tenant services.

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    48-Unit Apartment Community
    48-Unit Apartment Community

    765-791 Russell Road, Waterloo, IA 50701

    $2,725,000
    35,660 sqft

    Two-story residential income property with surface parking and a varied one-, two-, and three-bedroom unit mix.

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    Duplex with Finished Lower Level
    Duplex with Finished Lower Level

    322 W Seerley Boulevard, Cedar Falls, IA 50613

    $209,900
    0.20 AC lot

    Ranch-style duplex with updated flooring, a finished lower level, and parking on a corner lot near the UNI campus.

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    Seven-Unit Apartment Building
    Seven-Unit Apartment Building

    2416 Olive Street, Cedar Falls, IA 50613

    $410,000
    0.15 AC lot

    Unit mix includes studios and one- to four-bedroom apartments with on-site laundry and alley-accessible parking.

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    Well-Kept Triplex with Detached Garages
    Well-Kept Triplex with Detached Garages

    5309-5311 Blue Bonnet Dr, Waterloo, IA 50702

    $549,900
    1,544 sqft

    One-level triplex units feature separate laundry, walk-in closets, pantry space, and individually metered utilities.

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    Quadplex Near UNI Campus
    Quadplex Near UNI Campus

    2503 Olive Street, Cedar Falls, IA 50613

    $265,900
    0.13 AC lot

    Four-unit residential property with updated interiors, shared coin-operated laundry, and walkable access to campus amenities.

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    Split-Utility Duplex
    Split-Utility Duplex

    526 W 8th Street, Cedar Falls, IA 50613

    $164,900
    0.20 AC lot

    Both residences are occupied, with five off-street parking spaces serving the property.

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    Ranch-Style Duplex with Walkout
    Ranch-Style Duplex with Walkout

    322 W Seerley Boulevard, Cedar Falls, IA 50613

    $209,900
    2,224 sqft

    R-2 duplex near the UNI campus with finished lower-level space and paved parking.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    2115 Walnut Street, Cedar Falls, IA 50613

    $419,000
    0.30 AC lot

    R-M-zoned property with basement laundry facilities and concrete parking accessed from the alley.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    2221 Olive Street, Cedar Falls, IA 50613

    $419,000
    0.15 AC lot

    R-M-zoned residential property near campus with a mix of one-bedroom and efficiency apartments.

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    4-Unit Apartment Building
    4-Unit Apartment Building

    706 W 12th Street, Cedar Falls, IA 50613

    $270,000
    2,071 sqft

    Individual electric meters serve the residences, each configured with one bedroom and one bathroom.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    810 W 25th Street, Cedar Falls, IA 50613

    $419,000
    0.13 AC lot

    Apartment property with vinyl siding, asphalt roofing, public utilities, and on-street parking.

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    Duplex with Private Patio
    Duplex with Private Patio

    3306 Midway Drive, Waterloo, IA 50701

    $335,000
    2,164 sqft

    Two separate living areas include a larger residence and a smaller unit, with outdoor patios serving both spaces.

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    Updated Four-Unit Residential Property
    Updated Four-Unit Residential Property

    911 Lafayette Street, Waterloo, IA 50703

    $270,000
    0.14 AC lot

    Fully occupied fourplex with recent unit improvements, public utilities, and on-street parking in Waterloo.

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    Multifamily Property Near UNI Campus
    Multifamily Property Near UNI Campus

    2222 Walnut Street, Cedar Falls, IA 50613

    $480,000
    3,549 sqft

    R-3-zoned income property with separate tenant utility meters and landlord-managed water, sewer, lawn, and snow service.

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    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    721 Olive Street, Cedar Falls, IA 50613

    $155,000
    0.10 AC lot

    Up-and-down residential layout with one bedroom and one bathroom in each unit, plus public utilities and on-street parking.

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    Two-Unit Duplex
    Two-Unit Duplex

    603 Iowa Street, Cedar Falls, IA 50613

    $195,000
    2,160 sqft

    Upper- and main-level residences offer distinct two-bedroom and three-bedroom layouts.

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    Duplex with Deck
    Duplex with Deck

    41 John Street, Waterloo, IA 50703

    $135,000
    0.37 AC lot

    Each residence has three bedrooms, one bathroom, and recent interior updates.

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    Black Hawk County, IA Multifamily Properties Market Trends and Statistics

    Explore 59 multifamily properties for sale in Black Hawk County, IA, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 213,854 square feet of properties for sale, with an estimated market value of $13,888,697.

    Sale prices for multifamily properties in Black Hawk County, IA start at $69,900, averaging $308,637, and reaching up to $2,725,000 — 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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    Featured Black Hawk County Real Estate Agencies

    Realmo connects you with licensed Black Hawk County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Oakridge Real Estate
    3313 Terrace Dr Cedar Falls, IA
    Structure Real Estate
    2021 Main St, Suite A Cedar Falls, IA 50613
    Phone: 13192397805
    www.structurecedarvalley.com
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