Iowa Quadplexes for Sale

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Des Moines, IA Sioux City, IA Cedar Rapids, IA Waterloo, IA Dubuque, IA Iowa City, IA Ankeny, IA Cedar Falls, IA

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Updated: Jun 16

Mixed-Use Building with Vacant Storefront

1569 First ave SE, Cedar Rapids, IA 52402

$249,900

2,666 sqft 0.13 AC lot

2,666 sq. ft. mixed‑use property built in 1905 with a vacant commercial storefront and four residential apartments
Residential unit mix: two currently occupied and two ready for leasing
Commercial space on 1st Ave SE with off‑street parking included
Recent updates include fresh paint and updated flooring
Roof materials: shingle and membrane

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This listing looks promising.

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1569 First ave SE, Cedar Rapids, IA 52402

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Est. Cap Rate

8.6%
Above avg (5.9%)
Est. NOI

$21K
Annual
Price @ 7% Cap

$307K
Above asking
Property Type

Multi-Family Dwellings
Built 1905

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Updated: Jun 9

Duplex Portfolio with Four Units

801 & 807 E Mckinley Avenue, Des Moines, IA 50315

$550,000

3,499 sqft 0.28 AC lot

Two duplexes side by side at 801 & 807 E. McKinley Ave. (4 total units).
Combined gross monthly income for both duplexes is $4,830.
All four units are 3‑bedroom units with additional finished basement square footage.
Tenants pay utilities including water, sewer, storm water, gas, electric, plus lawn care and snow removal.
Water source is public and sewer is public sewer.

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Ames Multifamily Investment Opportunity

913 Garfield Avenue, Ames, IA 50014

$520,000

3,596 sqft 0.47 AC lot

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

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Renovated Four-Unit Income Property

120 DELAWARE AVE SW, Orange City, IA 51041

$310,000

1,715 sqft 0.23 AC lot

Renovated four-unit multifamily asset with shared laundry in a maintained common area.

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Downtown Mixed-Use Quadplex

1026 8th Street, Boone, IA 50036

$119,900

3,125 sqft 0.07 AC lot

Downtown Boone building combines apartments with a main-floor commercial space and rear parking for flexible rental income.

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Four-Plex Residential Income Property

1202-1208 Haig Street, Gowrie, IA 50543

$249,900

3,936 sqft 0.57 AC lot

Well-maintained four-unit building with three-bedroom layouts and in-unit laundry hookups for durable rental occupancy.

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Four-Unit Multifamily Property in Mason City

321 3rd Street NW, Mason City, IA 50401

$145,000

3,910 sqft 0.13 AC lot

Income-producing fourplex with detached garage and outdoor living spaces.

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Des Moines Fourplex Investment Opportunity

1148 36th Street, Des Moines, IA 50311

$310,000

2,509 sqft 0.34 AC lot

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

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Four-Plex Townhome Investment Opportunity

3755 Glen Oaks Blvd, Sioux City, IA 51104

$1,100,000

8,000 sqft

Four townhome-style units across three levels, with two currently rented and two vacant, within an HOA community.

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Vacant Fourplex with Separate Utilities

Meservey, IA 50457

$120,000

2,819 sqft

Four-unit rental property with updated roof, newer flooring, and separately metered electric for streamlined operations.

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Four-Unit Residential Income Property

104 E Boston Avenue, Indianola, IA 50125

$199,900

1,776 sqft 0.21 AC lot

Four fully rented units include three studio apartments and one 1-bedroom unit with a detached garage.

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Four-Unit Rental Condominiums

Iowa City, IA 52246

$500,000

Four two-bedroom rental condominiums with garages and in-unit laundry, situated in an improving condo regime.

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Retail-Office Building with Apartments

4001 Floyd Blvd, Sioux City, IA 51108

$350,000

400 sqft 0.14 AC lot

Street-level office or retail space pairs with four second-floor apartments, including two studios and two one-bedrooms.

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Income-Generating 4-Plex Investment

1454 N 31st St, Fort Dodge, IA 50501

$269,900

3,016 sqft 0.05 AC lot

Well-maintained 4-unit property with two-bedroom layouts, coin laundry, and garage parking for tenant convenience.

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Four-Unit Residential Income Property

706 W 12th Street, Cedar Falls, IA 50613

$270,000

0.24 AC lot

Four one-bedroom, one-bath units with individual electric meters; three are leased and owner covers select utilities and exterior upkeep.

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Fourplex Investment Property

2504 Olive Street, Cedar Falls, IA 50613

$235,000

0.20 AC lot

Four-unit rental building with three 1-bedroom and one 2-bedroom apartment, fully rented through May 2027.

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Four-Unit Residential Income Property

318 N Main Street, Maquoketa, IA 52060

$229,900

3,524 sqft

Four-unit multifamily asset offering a mix of bedroom and bath layouts with off-street parking.

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Historic Four-Unit Duplex Property

507-509 Chestnut Street, Dubuque, IA 52001

$385,000

4,480 sqft

Renovated four-unit duplex in a historic district with updated systems and multiple unit upgrades for rental or owner-occupancy.

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Mixed-Use Income Property with Storefront

412 Main Street, Colesburg, IA 52035

$180,000

1,800 sqft

Long-term rented apartment and main-level storefront; second unit in drywall and seasonal short-term rental with existing bookings.

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Waterloo Fourplex Investment Opportunity

911 Lafayette Street, Waterloo, IA 50703

$270,000

900 sqft 0.14 AC lot

Fully occupied fourplex near downtown Waterloo with recent upgrades.

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4-Plex with In-Unit Laundry

18 S 5Th Street, Albia, IA 52531

$250,000

5,208 sqft

Fully occupied 4-plex with two 3-bedroom and two 2-bedroom units, each with washer and dryer.

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Altoona Four Unit Multifamily House

202 3rd Street SE, Altoona, IA 50009

$350,000

1,690 sqft 0.20 AC lot

Four-unit house near downtown Altoona with long-term tenants.

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Four-Unit Residential Income Property

2503 Olive Street, Cedar Falls, IA 50613

$275,900

0.13 AC lot

Four well-maintained units near UNI campus with in-unit kitchen appliances and on-site coin laundry for tenant convenience.

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Downtown Mixed-Use Investment Property

206 East Erie Street, Missouri Valley, IA 51555

$300,000

Turnkey downtown mixed-use opportunity with leased apartments above and income-producing commercial frontage below.

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Iowa Quadplexes Market Trends and Statistics

Explore 50 quadplexes for sale in Iowa, showcased through 50 active listings on our real estate platform. These investment opportunities span a total of 141,218 square feet of properties for sale, with an estimated market value of $11,851,699.

Sale prices for four-unit buildings in Iowa start at $45,000, averaging $348,579, and reaching up to $1,250,000 — 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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