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    Iowa Residential Income 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
    801 properties
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    17-Unit Apartment Building
    Updated: Aug 17
    17-Unit Apartment Building

    2212 Okoboji Ave, Milford, IA 51351

    $950,000
    10,882 sqft 0.35 AC lot
    17 units: 10 conventional apartments and 7 furnished, dorm‑style rooms
    10,882 square feet on a 0.35‑acre parcel
    Furnished rooms support short‑term stays
    Built in 1947
    Located along Hwy 71 at 2212 Okoboji Ave, Milford, IA 51351
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    Mixed-Use Property With Apartment
    Updated: Sep 15
    Mixed-Use Property With Apartment

    901 Oakland Road NE, Cedar Rapids, IA 52402

    $335,000
    5,524 sqft 0.38 AC lot
    Main‑level shop leased through 2029
    Updated 2‑bedroom apartment is currently rented
    5,524 square feet on 0.38 acres
    New parking lot completed in 2025
    New electrical throughout and new 2025 shop furnace
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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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    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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    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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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    122 2nd Street SE, Swisher, IA 52338

    $699,950
    4,800 sqft 0.39 AC lot

    Commercial space anchors the main level, with four one-bedroom apartments on the floor above.

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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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    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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    Duplex with Two-Car Garage
    Duplex with Two-Car Garage

    3001 30th Street, Des Moines, IA 50310

    $225,000
    1,196 sqft 0.23 AC lot

    Two separate residences connect to a shared garage through a covered breezeway.

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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

    Coin laundry and dedicated off-street parking serve residents, with window and central air conditioning in place.

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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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    Duplex with Attached Garage
    Duplex with Attached Garage

    234-236 Park Place, Des Moines, IA 50312

    $350,000
    1,669 sqft 0.21 AC lot

    Two occupied residences offer an owner-occupancy possibility, along with basement laundry and an attached garage.

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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

    Three residences have been renovated, while private entrances and in-wall air conditioning serve every unit.

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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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    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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    Remodeled Two-Story Duplex
    Remodeled Two-Story Duplex

    2407 Petsel Place, Iowa City, IA 52246

    $504,000
    2,190 sqft 0.20 AC lot

    Two updated units offer distinct rental arrangements, outdoor living areas, garage parking, and convenient access to public utilities.

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    20-Unit Apartment Building
    20-Unit Apartment Building

    410 Talbott Street, Iowa Falls, IA 50126

    $1,600,000
    19,630 sqft 0.95 AC lot

    Residents have central air, private outdoor space, secure entry, and in-unit washer and dryer connections.

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    4-Unit Apartment Building with Laundry
    4-Unit Apartment Building with Laundry

    1525 Airlane Drive, Burlington, IA 52601

    $309,900
    1,680 sqft 0.28 AC lot

    Four residences are leased month to month, with coin-operated laundry and off-street parking on site.

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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 Brick Apartment Building
    8-Unit Brick Apartment Building

    810 7th Street, Sheldon, IA 51201

    $629,000
    6,357 sqft 0.14 AC lot

    The property combines conventional apartments with four units configured for short-term rental use.

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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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    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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    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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    Updated Duplex With Expansion Land
    Updated Duplex With Expansion Land

    451 N 10th Street, Adel, IA 50003

    $330,000
    2,904 sqft 0.28 AC lot

    Two updated residential units offer spacious layouts, accessible bathrooms, on-site laundry, and a separate adjoining parcel with development preapproval.

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    Iowa Residential Income Properties Market Trends and Statistics

    Explore 801 residential income properties for sale in Iowa, showcased through 801 active listings on our real estate platform. These investment opportunities span a total of 3,655,822 square feet of properties for sale, with an estimated market value of $401,834,126.

    Sale prices for residential investment properties in Iowa start at $34,500, averaging $558,879, 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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