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    Iowa Residential Income Properties for Sale

    553 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: Mar 4
    View details
    Well-Maintained Multifamily Investment Opportunity
    $459,900
    9,214 SF

    Well-Maintained Multifamily Investment Opportunity

    1806 Main St, Gowrie, IA 50543

    Eleven-unit multifamily property with income potential in Gowrie, Iowa.

    • High occupancy rate (90.9%) with steady income from 10 leased units.
    • Immediate upside potential with the 11th unit under remodel for market‑rate re‑rental.
    • Attractive 8.35% cap rate at the asking price of $459,900.
    • Low‑maintenance cash flow in a quiet community.
    • Additional income potential by converting the community room into a 12th unit (subject to approvals).
    Updated: Mar 2
    View details
    New Multifamily Property in Hiawatha
    $850,000
    5,250 SF

    New Multifamily Property in Hiawatha

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

    225 Clymer Rd, Hiawatha, IA 52233
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    Fort Dodge Multifamily Investment
    Pending
    $440,000
    9,063 SF

    Fort Dodge Multifamily Investment

    Ten-unit brick building in Fort Dodge, Iowa, for sale.

    319 N 11Th St, Fort Dodge, IA 50501
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    Mixed-Use Property in Prime Location
    $575,000
    5,959 SF

    Mixed-Use Property in Prime Location

    Unique mixed-use property with commercial and residential potential.

    4506 220Th Trl, Amana, IA 52203
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    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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    Sherman Hill Multifamily Investment Opportunity
    $405,000
    3,174 SF

    Sherman Hill Multifamily Investment Opportunity

    Multifamily property in Des Moines' historic Sherman Hill neighborhood.

    732 19Th St, Des Moines, IA 50314
    View details
    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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    Sioux City Mixed-Use Investment
    $375,000
    4,800 SF

    Sioux City Mixed-Use Investment

    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
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    Morningside Avenue Commercial/Residential Opportunity
    $475,000
    2,744 SF

    Morningside Avenue Commercial/Residential Opportunity

    Unique commercial and residential property in a high-traffic location.

    1113 Morningside Ave, Sioux City, IA 51106
    View details
    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
    View details
    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
    Ames Duplex Investment Opportunity
    $550,000
    3,068 SF

    Ames Duplex Investment Opportunity

    Turn-key duplex in Ames, leased through July 2027.

    411 Sunflower Dr, Ames, IA 50014
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    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
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    Updated Fourplex in Burlington, Iowa
    $249,900
    2,584 SF

    Updated Fourplex in Burlington, Iowa

    Well-maintained fourplex with updated apartments near downtown Burlington.

    1108 Jefferson St, Burlington, IA 52601
    View details
    Des Moines Duplex: Income Potential
    Pending
    $214,900
    1,408 SF

    Des Moines Duplex: Income Potential

    Well-maintained duplex with updated unit and long-term tenant.

    930 Emma Ave, Des Moines, IA 50315
    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
    Iowa City Multifamily Investment Opportunity
    $7,350,000
    2,484 SF

    Iowa City Multifamily Investment Opportunity

    100-unit cooperative project near amenities and community center.

    1100 Arthur St, Iowa City, IA 52240
    View details
    Versatile Commercial Property with Income
    $350,000

    Versatile Commercial Property with Income

    Mixed-use property with retail/office space and rental apartment.

    101 W 1St Ave, Cascade, IA 52033
    View details

    Iowa Residential Income Properties Investment Opportunities Market Analysis

    Explore 2933 residential income properties for sale in Iowa, showcased through 553 active listings on our real estate platform. These investment opportunities span a total of 628,511,415 square feet of properties for sale, with an estimated market value of $1,251,671,436.

    Sale prices for residential income properties in Iowa start at $36,500, averaging $938,988, 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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