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    Multifamily Investment Property Near Campus
    Multifamily Investment Property Near Campus

    732, 736, 740 Michael St, Iowa City, IA 52246

    $3,650,000
    16,128 sqft

    Three buildings with 42 units near UIHC and Kinnick Stadium.

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    This listing looks promising.

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    732, 736, 740 Michael St, Iowa City, IA 52246

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $138K
      Annual

    • Mortgage

      $2.26M
      Feb 2022

    • Property Type

      Residential Income
      Built 1971
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    Eight-Unit Multifamily Building
    Eight-Unit Multifamily Building

    230 S Dubuque St., Solon, IA 52333

    $750,000

    Two-bedroom units in an eight-plex with a roof replacement in 2020 and exterior painting completed in 2025.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    818 E Finley Avenue, Ottumwa, IA 52501

    $59,000
    1,120 sqft

    Two separate entrances support a flexible live-in or rental setup with shared backyard space.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    2432 Petsel Pl, Iowa City, IA 52246

    $950,000

    10-plex with functional unit layouts and ample off-street parking, currently maintaining steady occupancy.

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    Fully Rented Triplex Investment
    Fully Rented Triplex Investment

    314 Lester Street, Waterloo, IA 50703

    $85,000
    0.18 AC lot

    Three separately metered units with recent interior updates and ongoing owner-paid exterior services.

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    Attached Townhome Community with Garages
    Attached Townhome Community with Garages

    325 Southwest 7th Street, Des Moines, IA 50309

    Contact for pricing
    45,211 sqft

    2013-built attached townhomes with attached two-car garages and private rooftop wet bars.

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    Duplex Patio Home on Golf Course
    Duplex Patio Home on Golf Course

    1018 Emerald Hills Drive, Arnolds Park, IA 51331

    $595,000
    1,885 sqft 0.11 AC lot

    Impeccably maintained duplex with a stamped concrete patio overlooking the 9th hole, fully furnished and move-in ready.

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    River-View Apartment Building
    River-View Apartment Building

    924 State St, Bettendorf, IA 52722

    $1,595,000

    28-unit multifamily property with shared laundry and on-site parking, including select units with Mississippi River views.

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    Updated Duplex with Off-Alley Parking
    Updated Duplex with Off-Alley Parking

    Belle Plaine, IA 52208

    $149,900

    Move-in ready duplex with updated interiors, steel roof, and both street and off-street parking arrangements.

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    Mixed-Use Downtown Building
    Mixed-Use Downtown Building

    101 E Main Street, New Hampton, IA 50659

    $134,000
    10,242 sqft

    Downtown building offering retail space, rentable office spaces, and potential upper-level apartments, with new HVAC systems installed July 2025.

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    Mixed-Use Building with Coffee Shop
    Mixed-Use Building with Coffee Shop

    Belle Plaine, IA 52208

    $375,000

    Restored mixed-use building with a turnkey coffee shop on the main level and a furnished two-bedroom short-term rental upstairs.

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    Income-Producing Multifamily Property For Sale
    Income-Producing Multifamily Property For Sale

    717 Franklin Avenue, Des Moines, IA 50314

    $269,000
    0.30 AC lot

    Six-unit multifamily property with income and parking.

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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    1555 Central Avenue, Dubuque, IA 52001

    $535,000

    Fully remodeled property includes two leased apartments and a remodeled commercial space under C4 zoning.

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    Seven-Unit Apartment Community with Garages
    Seven-Unit Apartment Community with Garages

    823 Doran Drive, Boone, IA 50036

    $425,000

    Small multifamily in Boone offers studio and 1–2 bedroom units plus detached garages and surface parking.

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    Income Producing Iowa Falls Duplex
    Income Producing Iowa Falls Duplex

    204-206 E Elm Street, Iowa Falls, IA 50126

    $160,000
    0.27 AC lot

    Well-maintained duplex with two units, ideal for investors or owner-occupants.

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    Renovated 1BR Apartment Building
    Renovated 1BR Apartment Building

    2042 West 4th Street, Davenport, IA 52802

    $440,000

    Eight fully renovated 1BR/1BA units with replaced HVAC and in-unit gas-electric plus water-sewer.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    811 N Montgomery Avenue, Eagle Grove, IA 50533

    $1,200,000

    Mostly occupied 8-plex with 2- and 3-bedroom units and tenant-paid utilities through separate service meters.

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    Updated Quadplex with Detached Garage
    Updated Quadplex with Detached Garage

    303 E 3rd Street, Everly, IA 51338

    $225,000
    0.35 AC lot

    Four-unit quadplex featuring two-bedroom layouts and detached four-stall garage for tenant convenience.

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    Burlington Duplex Investment Opportunity
    Burlington Duplex Investment Opportunity

    420 Maple Street, Burlington, IA 52601

    $39,900
    2,114 sqft 0.13 AC lot

    Classic duplex with recent updates, ideal for investors or owner-occupants.

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    Converted 3-Unit Rental Home
    Converted 3-Unit Rental Home

    Iowa City, IA 52245

    $297,000

    Converted home provides three rental units, dedicated rear parking for 5+ vehicles, and shared laundry facilities.

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    Up-Down Duplex Investment
    Up-Down Duplex Investment

    1127 Washington Street, Burlington, IA 52601

    $42,500
    1,809 sqft 0.13 AC lot

    Up-down duplex with separate meters, a newer furnace, and two bedrooms on the upper level.

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    Downtown Multifamily Property
    Downtown Multifamily Property

    1337 Main St, Dubuque, IA 52001

    $846,511

    Downtown multifamily property located along Dubuque’s Main Street corridor.

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    Two-Unit Duplex with Conversion Option
    Two-Unit Duplex with Conversion Option

    1125 Broadway st, Larchwood, IA 51241

    $239,000

    Duplex currently configured as two two-bedroom units with private laundry, with utility expenses split by owner and tenants.

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    Mixed-Use Brick Building with Fitness
    Mixed-Use Brick Building with Fitness

    230 W 4th St, Saint Ansgar, IA 50472

    Contact for pricing
    7,900 sqft

    Brick double-front building features a full fitness setup on lower levels and four rental apartments upstairs.

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