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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
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    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
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    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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