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    Iowa Residential Income Properties for Sale

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    936 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 total units, including 10 traditional apartments and 7 furnished dorm‑style rooms
    10,882‑square‑foot residential income property on 0.35 acres
    Built in 1947
    Residential zoning
    Frontage along Hwy 71 in Milford, Iowa
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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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    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

    Four-level property with remodeled residences, new appliances, and full current occupancy.

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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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    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

    Single-story residential income property with private unit entrances and in-wall air conditioning.

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    Updated Fourplex With Expansion Space
    Updated Fourplex With Expansion Space

    791 Nevada Street, Dubuque, IA 52001

    $525,000
    7,608 sqft

    Four three-bedroom apartments feature refreshed interiors, separate utility metering, private decks, and designated basement laundry areas.

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    Renovated Waterfront Duplex
    Renovated Waterfront Duplex

    10585 Crowley Avenue, Spirit Lake, IA 51360

    $779,000
    1,824 sqft 0.30 AC lot

    Four-bedroom property with a basement, central air, private water service, and public sewer near Big Spirit Lake.

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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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    Wetland-Adjacent Duplex
    Wetland-Adjacent Duplex

    603 202nd Street, Milford, IA 51351

    $525,000
    2,988 sqft 0.23 AC lot

    Two-level property with generous living areas, a main-floor primary suite, covered deck, and access to an association swimming pool.

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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

    Single-story multifamily property with one-bedroom units, dedicated parking, laundry, and a mix of window and central air conditioning.

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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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    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 entrances, central air, forced-air heating, and on-street parking in Dubuque.

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    13-Unit Apartment Building
    13-Unit Apartment Building

    2429-47 Williams Ave., Sioux City, IA 51103

    $825,000
    6,625 sqft 0.69 AC lot

    Fully occupied apartment asset with varied unit layouts, included appliances, and tenant-paid utilities except water.

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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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    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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    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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    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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    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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    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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    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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    24-Unit Apartment Building
    24-Unit Apartment Building

    1718 & 1804 Dolores St, Knoxville, IA 50138

    $1,550,000
    9,751 sqft

    The property combines two-bedroom units with private balconies, garages, and additional storage.

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    Triplex with Flexible Commercial Space
    Triplex with Flexible Commercial Space

    1422 1St Avenue E, Newton, IA 50208

    $294,900
    3,649 sqft 0.71 AC lot

    Three separately entered units include residential layouts and a flexible commercial area.

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    Two-Bedroom 6-Unit Apartment Building
    Two-Bedroom 6-Unit Apartment Building

    2340 Central Ave, Dubuque, IA 52001

    $500,000
    4,298 sqft

    6 units with two bedrooms each and plenty of off-street parking, with separate gas meters for tenant billing flexibility.

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    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    2304 Knapp Street, Ames, IA 50014

    $600,000
    2,778 sqft 0.20 AC lot

    Four rental units with recent improvements, central air, and convenient access to Iowa State University.

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    Iowa Residential Income Properties Market Trends and Statistics

    Explore 936 residential income properties for sale in Iowa, showcased through 936 active listings on our real estate platform. These investment opportunities span a total of 4,008,403 square feet of properties for sale, with an estimated market value of $390,548,002.

    Sale prices for residential income properties in Iowa start at $34,500, averaging $541,675, 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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