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    Iowa Triplexes for Sale

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    Des Moines, IA Sioux City, IA Cedar Rapids, IA
    33 results
    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
    View details
    Winfield Iowa Triplex with Shop
    $135,000
    4,348 SF

    Winfield Iowa Triplex with Shop

    203 E Ash Street, Winfield, IA 52659

    Triplex with shop near Iowa City, great investment opportunity.

    • Large 50x30 shop with bathroom, shower, washer & dryer, and loft storage.
    • Triplex configuration offering multiple income streams.
    • Located 30 minutes from Iowa City.
    • Fenced‑in backyard.
    • Newer vinyl siding and some updated windows.
    Updated: Mar 7
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    Updated Triplex in Sioux City
    $207,000
    1,584 SF

    Updated Triplex in Sioux City

    Well-maintained triplex with updated units, ideal for investment.

    518 S Helen St., Sioux City, IA 51106
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    Iowa Falls Multi-Family Investment
    $102,000
    2,860 SF

    Iowa Falls Multi-Family Investment

    Three-unit property with potential for a fourth unit.

    515 Main Street, Iowa Falls, IA 50126
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    Fairfield Triplex Near Campus
    $169,000
    3,276 SF

    Fairfield Triplex Near Campus

    Triplex near campus with income potential and separate utilities.

    500 N Main Street, Fairfield, IA 52556
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    Updated Triplex in Des Moines
    $275,000
    2,013 SF

    Updated Triplex in Des Moines

    Turnkey investment property with updated units and cash-flow potential.

    900 Morton Avenue, Des Moines, IA 50316
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    Updated Tri-Plex Investment Opportunity
    $315,000

    Updated Tri-Plex Investment Opportunity

    Fully updated tri-plex with modern finishes and versatile unit mix.

    541 Mill Street, Council Bluffs, IA 51503
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    Valley Junction Triplex Investment Opportunity
    $250,000
    2,623 SF

    Valley Junction Triplex Investment Opportunity

    Triplex in historic Valley Junction, West Des Moines. Great investment.

    317 7th Street, West Des Moines, IA 50265
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    Grinnell Triplex with Income Potential
    $299,000
    2,891 SF

    Grinnell Triplex with Income Potential

    Three-unit property in Grinnell, ideal for investors or owner-occupants.

    1221 Main Street, Grinnell, IA 50112
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    Grinnell Triplex Investment Opportunity
    $138,000
    2,435 SF

    Grinnell Triplex Investment Opportunity

    Triplex near downtown Grinnell and college, great investment potential.

    1604 5th Avenue, Grinnell, IA 50112
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    Sioux City Triplex For Sale
    $230,000
    2,772 SF

    Sioux City Triplex For Sale

    Fully rented triplex in midtown Sioux City, Iowa.

    1215 FLOYD BLVD, Sioux City, IA 51104
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    Fairfield Tri-Plex Apartment Conversion
    $219,000
    2,325 SF

    Fairfield Tri-Plex Apartment Conversion

    Tri-Plex with strong rental history and great income potential.

    200 E Briggs Avenue, Fairfield, IA 52556
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    Iowa City Multi-Family Investment
    $325,000
    2,374 SF

    Iowa City Multi-Family Investment

    Multi-family property near the University of Iowa campus.

    Iowa City, IA 52245
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    Three Homes, One Great Investment
    $159,900
    586 SF

    Three Homes, One Great Investment

    Three updated homes, immediate cash flow, desirable location.

    2055 3rd Ave N, Fort Dodge, IA 50501
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    Move-in Ready Ottumwa 3-Plex
    $130,000
    1,482 SF

    Move-in Ready Ottumwa 3-Plex

    Remodeled 3-plex near downtown Ottumwa, ideal for investors.

    147 N Ward Street, Ottumwa, IA 52501
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    Main Street Triplex Investment Opportunity
    $295,000
    0.14 Acres

    Main Street Triplex Investment Opportunity

    Triplex near downtown Dubuque with renovated unit and garage.

    1374 Main Street, Dubuque, IA 52001
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    Updated Three-Plex Investment Opportunity
    $299,500
    0.20 Acres

    Updated Three-Plex Investment Opportunity

    Remodeled three-plex on a corner lot with ample parking.

    104 maple Street, Janesville, IA 50647
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    Waterloo Triplex Investment Opportunity
    $85,000
    0.18 Acres

    Waterloo Triplex Investment Opportunity

    Fully rented triplex near Gates Park, offering immediate cash flow.

    314 Lester Street, Waterloo, IA 50703
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    Riverside Triplex with Recent Roof
    $175,000
    1,140 SF

    Riverside Triplex with Recent Roof

    Triplex in Sioux City with two efficiency apartments.

    2605 Home St., Sioux City, IA 51109
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    Riverside Triplex in Sioux City
    $175,000
    1,140 SF

    Riverside Triplex in Sioux City

    Triplex on Riverside Blvd, Sioux City, with rental income potential.

    2605 Home St., Sioux City, IA 51109
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    Dubuque Tri-Plex with Garage
    $63,500
    2,128 SF

    Dubuque Tri-Plex with Garage

    Tri-plex with garage, central air, and investment potential.

    351 Dorgan Place, Dubuque, IA 52001
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    Ida Grove Triplex For Sale
    $349,000
    1.06 Acres

    Ida Grove Triplex For Sale

    Fully occupied triplex with immediate income potential in Ida Grove.

    800 Valley View Drive, Ida Grove, IA 51445
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    Washington, Iowa Multi-Family Property
    $120,000
    2,146 SF

    Washington, Iowa Multi-Family Property

    Multi-family property in Washington, Iowa, with 2,146 square feet.

    508 N Iowa Avenue, Washington, IA 52353
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    Mason City Tri-Plex Investment
    $176,000

    Mason City Tri-Plex Investment

    Spacious tri-plex in Mason City with income potential.

    512 N Pennsylvania, Mason City, IA 50401
    View details

    Iowa Triplexes Investment Opportunities Market Analysis

    Explore 33 triplexes for sale in Iowa, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 59,802 square feet of properties for sale, with an estimated market value of $6,652,000.

    Sale prices for three-family homes in Iowa start at $63,500, averaging $266,080, and reaching up to $954,700 — 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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