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

Multi Family Home for sale in Iowa, IA:

Occupied up/down duplex that has been well maintained. Rents are each $600. New roof in 2019, 2 new furnaces in 2020. Tenants pay gas/electric on separate meters. Landlord pays water/trash/lawn. Shared coin-op laundry in basement. City inspections up to date as of May 2025. Advance notice required to show. Listing agent is related to the seller.

Multi Family Home for sale in Iowa, IA:

Investment opportunity! This classic up/down duplex offers two spacious units, each with approximately 1,000 square feet, 2 bedrooms, and 1 full bath. Gas and electric are separately metered, making it ideal for owner-occupants or investors. While the property could benefit from some updating, major improvements have already been made with the roof and furnaces within 10 years old. With solid bones and great potential, this duplex is ready for your vision—whether you’re looking to add to your portfolio or create a home with rental income. Each unit is rented for $650/month.

Multi Family Home for sale in Iowa, IA:

6-Unit Property. Exterior Parking. Great Investment Opportunity. This 6-unit complex is a great investment. 2 units are one bedroom, one bathroom, while 4 units are two bedrooms, one bathroom . All units have a living space and kitchen/dining. Market Rent Roll: $4,400. Actual Rent Roll:$2,400 (just recently had turnover with three vacant units currently, refer to T12 to see strong history of property). There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in the basement. This yields approximately $610/yr. Tenant pays for: Electric. Owner pays for: Electric for common space $86/mo, Water/Sewer $711, Gas $96/mo, Garbage: $93/month. Taxes: $5

Multi Family Home for sale in Iowa, IA:

4-Plex Investment Property – Fully Updated! Fantastic opportunity to own a fully updated 4-plex with major capital improvements already completed. Each of the four units has been thoughtfully renovated and is move-in ready. Perfect for investors seeking steady rental income with minimal maintenance. Property Highlights include: All major systems updated in 2025, including brand new furnaces and hot water tanks per unit, new appliances in all units, including washer/dryer sets, refrigerators, and stove/ranges. Also features remodeled bathrooms in every unit for modern comfort, new flooring, vinyl windows, and fresh paint throughout. Separate meters and new fuse boxes which enables ten