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Iowa Residential Income Properties for Sale

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468 results
Fully Occupied Multi-Unit Investment
$850,000
6,625 SF

Fully Occupied Multi-Unit Investment

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

Thirteen-unit property in Sioux City with immediate cash flow.

  • Immediate, stabilized cash flow with over $9,000 in monthly rental income.
  • 100% occupancy rate across 13 units.
  • Diverse unit mix: individual brick homes (1‑bedroom), studio apartments, and 2‑bedroom units.
  • Tenants pay for all utilities except water.
  • One unit features a full basement with potential for conversion into additional living space.
Updated: Apr 16
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New Multifamily Property in Hiawatha
$850,000
5,250 SF

New Multifamily Property in Hiawatha

225 Clymer Road, Hiawatha, IA 52233

Newly constructed triplex with immediate income and strong hold potential.

  • New Construction: Brand‑new multifamily property built in 2026.
  • Immediate Income: Current rent roll of $6,500/month and $78,000 gross annual income.
  • Attractive Cap Rate: Positioned at an approximately 7.72% cap rate.
  • Spacious Units: Each unit offers approximately 1,750 finished square feet with 3 bedrooms and 2.5 bathrooms.
  • Modern Finishes: Units feature open‑concept layouts, modern kitchens with white cabinetry, quartz countertops, stainless steel appliances, and durable LVP flooring.
Updated: Feb 17
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Well-Maintained Multifamily Investment Opportunity
$459,900
9,214 SF

Well-Maintained Multifamily Investment Opportunity

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

1806 Main Street, Gowrie, IA 50543
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Multi-Unit Building Near University
$550,000
4,000 SF

Multi-Unit Building Near University

Nine-unit building with strong rental history and convenient location.

Iowa City, IA 52240
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Income-Producing 6-Plex Near Downtown
$314,900
3,250 SF

Income-Producing 6-Plex Near Downtown

Spacious 6-plex with high occupancy and additional expansion lot.

306 Haskell St., Fort Dodge, IA 50501
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Iowa City Multifamily Condominiums
$520,000
3,696 SF

Iowa City Multifamily Condominiums

Four condominiums with rental history near UIHC and schools.

Iowa City, IA 52246
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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 Street, Des Moines, IA 50311
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Central City Multifamily Investment Property
$439,000
5,000 SF

Central City Multifamily Investment Property

Well-maintained 6-unit property with strong occupancy history.

50 W Broadway, Central City, IA 52214
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Mixed-Use Asset Near Wartburg College
$755,000
0.21 Acres

Mixed-Use Asset Near Wartburg College

High-visibility mixed-use property with residential units and commercial potential.

805 W Bremer Avenue, Waverly, IA 50677
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Mixed-Use Property in Prime Location
$575,000
0.35 Acres

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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Multifamily Property in Drake Area
$340,000
2,522 SF

Multifamily Property in Drake Area

Five-unit multifamily property with income potential in Des Moines, Iowa.

2936 Brattleboro Avenue, Des Moines, IA 50311
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Glenwood Ranch Home on Acreage
$539,500
3,200 SF

Glenwood Ranch Home on Acreage

Charming ranch home on 4 acres near Glenwood schools.

25328 Ivory Rd, Glenwood, IA 51534
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Sherman Hill Multifamily Investment Opportunity
$399,900
3,174 SF

Sherman Hill Multifamily Investment Opportunity

Multifamily property in Des Moines' historic Sherman Hill neighborhood.

732 19th Street, Des Moines, IA 50314
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Ames 8-Plex Investment Opportunity
$995,000
8,267 SF

Ames 8-Plex Investment Opportunity

Turnkey 8-unit multifamily property with strong rental history in Ames.

215 Jewel Drive unit: 1-8, Ames, IA 50010
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Updated Family Home with Shop
$399,000
3,467 SF

Updated Family Home with Shop

Updated family home with shop on an acre lot.

2452 140th Street, Clarinda, IA 51632
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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 Drive, Clear Lake, IA 50428
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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 Street, Burlington, IA 52601
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Ames Multifamily Investment Opportunity
$555,000
3,596 SF

Ames Multifamily Investment Opportunity

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

913 Garfield Avenue unit: 913/915/917/919, Ames, IA 50014
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Sioux City Investment Opportunity
$650,000
0.17 Acres

Sioux City Investment Opportunity

Versatile property with multiple revenue streams in Sioux City, Iowa.

413-15 Nebraska Street, Sioux City, IA 51101
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Des Moines Multifamily Investment Opportunity
$1,250,000
8,736 SF

Des Moines Multifamily Investment Opportunity

Eight-unit multifamily property near downtown Des Moines.

2316 51st Street, Des Moines, IA 50310
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Versatile Two-Story Newton Multifamily Property
$159,000
1,908 SF

Versatile Two-Story Newton Multifamily Property

Two-story property with flexible options for homeowners or investors.

412 S 2nd Avenue E, Newton, IA 50208
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Iowa City Multifamily Investment Property
$309,950
1,146 SF

Iowa City Multifamily Investment Property

Charming duplex near downtown Iowa City and University of Iowa.

409 S 7th Avenue, Iowa City, IA 52245
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Brick Duplex with Income Potential
$170,000
4,536 SF

Brick Duplex with Income Potential

Classic duplex in Mason City with strong income potential.

25-27 6th Street NW, Mason City, IA 50401
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Council Bluffs Fourplex Opportunity
$375,000
3,584 SF

Council Bluffs Fourplex Opportunity

Fully occupied fourplex with long-term tenants and upside potential.

403 VOORHIS Street, Council Bluffs, IA 51503
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Iowa Residential Income Properties Investment Opportunities Market Analysis

Explore 2848 residential income properties for sale in Iowa, showcased through 468 active listings on our real estate platform. These investment opportunities span a total of 588,162,057 square feet of properties for sale, with an estimated market value of $1,170,239,638.

Sale prices for residential income properties in Iowa start at $39,500, averaging $884,534, 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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