Multi Family homes for sale & real estate in Iowa City, IA

11 homes

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ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
Each unit in this 8 plex has 4 beds and 2 baths. Total rents are $10,350 for the 24-25 term, some vacancies remain for the 25-26 term. Large concrete parking lot in rear of building.

$1,175,000

— beds8 baths8,586 sq ft

645 S Lucas St, Iowa City, IA 52240

4 parking spots • Built 1990 • Listed 24 days

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ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.

$3,750,000

— beds4 baths16,128 sq ft

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

New carpet • Walking distance • Three buildings

ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
GREAT investment property just south of downtown area with easy access. Built by owner in 1983 on a quiet tree-lined street. Four units on two parcels (826-828: 1015180003 and 832-834:1015180004). One unit (834) has had a high-end remodel in recent years including wood floors in the kitchen, living room and hallway. Tile in the bathrooms and carpet in the bedrooms. Stainless steel appliances. Updated maple cabinets w/ cushion close and drawer slides, undermount kitchen sink and granite counter tops w/ breakfast bar. New HVAC system. Welcoming patio area and new driveway. 826 updated with new flooring, carpet, lights, appliances, electric and more Sept. '25. 828 and 832 have not been update

$659,900

— beds4 baths1,904 sq ft

826-834 Page St, Iowa City, IA 52240

Wood floors • High-end remodel • Granite counter tops

ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
Great investment opportunity! 2 unit duplex with close proximity to downtown Iowa City! First floor unit is a large one bedroom and upstairs unit is an open studio floor plan with large deck. Also features off street parking in the back. Both are currently tenant occupied. Very close to both Kirkwood Campus and U of I Campus, as well as nightlife, shopping, and dining! 24hr notice for all showings required.

$215,000

— beds2 baths1,260 sq ft

837 Maggard St, Iowa City, IA 52240

Large deck • Off street parking • Duplex

ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
What an opportunity! Eight unit building that are condos - property tax savings and ability to sell individually! Built by owner in 1993 and managed by same. No sprinkler system and no fireplaces. Building has SIX total garages of varying sizes. Two would fit three cars. Many recent updates include: nearly all lights replaced in unit and halls with LED. All flooring in units have been replaced w/ mostly tile and LVP. Units regularly painted. Stainless steel appliances added. Cabinet hardware replaced with brushed nickel. Decks repaired/stained, exterior doors replaced, HVAC serviced, all hall carpets cleaned, all deadbolts, lever passages, etc replaced with Schlage products and parking lot

$1,095,000

— beds4 baths930 sq ft

350 Cayman St, Iowa City, IA 52245

Decks repaired • Recent updates • Hvac serviced

Property at 841 Maggard St, Iowa City, IA 52240, 2 baths

$340,000

— beds2 baths2,132 sq ft

841 Maggard St, Iowa City, IA 52240

Property at 716 N Dubuque St, Iowa City, IA 52245

$2,300,000

— beds— baths6,826 sq ft

716 N Dubuque St, Iowa City, IA 52245

Property at 409 S 7th Ave, Iowa City, IA 52245, 2 baths

$314,000

— beds2 baths1,721 sq ft

409 S 7th Ave, Iowa City, IA 52245

Property at 902-906 N Dodge St, Iowa City, IA 52240, 4 baths

$5,650,000

— beds4 baths— sq ft

902-906 N Dodge St, Iowa City, IA 52240

Property at 3701 Eastbrook St, Iowacity, IA 52240

$5,250,000

— beds— baths10,895 sq ft

3701 Eastbrook St, Iowacity, IA 52240

Property at 1339-1341 Dolen Pl, Iowa City, IA 52246, 2 baths

$339,900

— beds2 baths1,976 sq ft

1339-1341 Dolen Pl, Iowa City, IA 52246

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ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
Well maintained 10 plex in a quiet neighborhood. Each are a 2 BR 1 BA with a fireplace and washer & dryer in the units. Each unit has all of the appliances listed above. There are 8 garages with this property. These have been maintained and updated as needed through the years. Parcel #'s 0500-13-05-302-026-0 thru 0500-13-05-302-035-0

$900,000

— beds4 baths808 sq ft

121-139 Northridge Dr Unit 121-139, West Branch, IA 52358

Washer and dryer • All appliances • Quiet neighborhood

ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
18 units are being sold in this 24 unit complex. (There are six units in one of the buildings that are owner occupied and are not part of this listing/sale. ) Each unit is 2br 1ba with a gas fireplace, and an assigned one car garage, as well as an unassigned parking spot. Each unit is equipped with all appliances, including washer & dryer in each unit. Unit #'s being sold: 521,523,525,527,531,533,535,537,541,543,545,547,551,553,571,573,575,577 Parcel numbers: 500-13-05-331-0010 thru 500-13-05-331-0140 and 500-13-05-331-0210 thru 500-13-05-331-0240 The units are consistently rented, 3 units turned over in 2024, and 2 in 2023.

$1,710,000

— beds4 baths913 sq ft

521-577 N 4th St Unit Louise Court Condos, West Branch, IA 52358

Parking • Built 2002 • Listed 16 days

ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
Great investment or owner-occupant opportunity! One side leased, the other side available for immediate occupancy or new tenant. Each unit features 2 bedrooms, 1 and 3/4 baths, and separate utilities. Convenient Coralville location on the bus line with strong rental potential and solid long-term value. Each unit offers comfortable living space in a convenient location on the bus line with easy access to shopping, dining, and I-80. Excellent investment opportunity in Coralville!

$330,000

— beds2 baths2,250 sq ft

1456 Eastview Dr, Coralville, IA 52241

7,700 sq ft lot • Garage • Built 1978

ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
Excellent investment opportunity in Coralville! Duplex property with both units leased providing immediate and stable income. Each unit offers comfortable living space in a convenient location on the bus line with easy access to shopping, dining, and I-80. Ideal for an investor looking for steady cash flow and minimal vacancy risk.

$330,000

— beds2 baths2,624 sq ft

1453 Eastview Dr, Coralville, IA 52241

Both units leased • Duplex property • Convenient location

ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
Investment Opportunity. Downtown Lone Tree building has been rebuilt/repurposed as three rental units. Main level has large 2,000 sqft apartment with 3 bedrooms and 2 bathrooms. Main level also has separate 720 sqft commercial use space that can be used as an office space or combined as additional space with the other main floor unit. 2 bedroom 2 bath 1,800 sqft unit in the lower level. Large attached garage/storage area. Contact Listing Agent to schedule showings.

$385,000

— beds5 baths5,040 sq ft

201 N Devoe St, Lone Tree, IA 52755

Office space • Lower level unit • Three rental units

ABOUT THIS HOME
Multi Family Home for sale in Iowa City, IA:
6-plex Multi-family building with excellent rental history. 5 units are 748sf with 2 bdrm/1 bath and one off-street parking space. 1 Unit is 1 Bdrm/1 bath with several large closets. Close to IRL, U of I Hospitals and Kinnick as well as many restaurants, coffee shops and just a hop away from two major interstates. Close proximity to bus lines as well.

$725,000

— beds4 baths4,488 sq ft

504 2nd Ave, Coralville, IA 52241

Close to restaurants • 4 parking spots • Built 1983

Property at 445/447 Heritage Pl, North Liberty, IA 52317, 2 baths

$275,000

— beds2 baths2,358 sq ft

445/447 Heritage Pl, North Liberty, IA 52317

Property at 455/457 Heritage Pl, North Liberty, IA 52317, 2 baths

$275,000

— beds2 baths2,664 sq ft

455/457 Heritage Pl, North Liberty, IA 52317

Property at 425/427 Heritage Pl, North Liberty, IA 52317, 2 baths

$275,000

— beds2 baths2,792 sq ft

425/427 Heritage Pl, North Liberty, IA 52317

Property at 415/417 Heritage Pl, North Liberty, IA 52317, 2 baths

$275,000

— beds2 baths2,112 sq ft

415/417 Heritage Pl, North Liberty, IA 52317

Property at Villa A 3-Car Plan, North Liberty, IA 52317, 4 beds, 3 baths

$425,000

4 beds3 baths2,418 sq ft

Villa A 3-Car Plan, North Liberty, IA 52317

Listing provided by Zillow

Property at Regal B Plan, North Liberty, IA 52317, 4 beds, 3 baths

$485,000

4 beds3 baths2,717 sq ft

Regal B Plan, North Liberty, IA 52317

Listing provided by Zillow

Property at Providence Plan, North Liberty, IA 52317, 4 beds, 3 baths

$390,000

4 beds3 baths2,273 sq ft

Providence Plan, North Liberty, IA 52317

Listing provided by Zillow

$299,000

— beds— baths2,072 sq ft

508 6th St, Coralville, IA 52241

Multi Family Homes for Sale in Iowa City

There are currently 11 multi family homes for sale in Iowa City at a median listing price of $314K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Iowa City stay on the market for 73 days. Popular neighborhoods include Southwest Iowa City, Peninsula Area, Northeast Iowa City, University of Iowa, and Downtown Iowa City. This map is refreshed with the newest listings in Iowa City every 15 minutes.

In the past month, 68 homes have been sold in Iowa City. In addition to houses in Iowa City, there were also 139 condos, 1 townhouse, and 5 multi-family units for sale in Iowa City last month. Iowa City is a minimally walkable city in Iowa with a Walk Score of 45. Iowa City is home to approximately 67,574 people and 54,630 jobs. Find your dream home in Iowa City using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Iowa City are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Iowa City. Our Iowa City real estate stats and trends will give you more information about home buying and selling trends in Iowa City. If you're looking to sell your home in the Iowa City area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Iowa City with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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