Real Estate Investment Properties for Sale in Iowa

Looking for investment property in Iowa with high ROI ?

Explore a variety of short-term homes & houses in Iowa. Invest wisely with VRBO & Iowa Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Iowa

Search for Multi Family for Sale in Iowa. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 42 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
400 Long Lost Nation, IA This is a great duplex to start your investment portfolio. Main floor unit has 3-4 bedroo...	N/A beds \| N/A baths \| 2,868 sq.ft.	$94,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.95% Airbnb Rental Income: $null Traditional Rental Income: $1521 Airbnb ROI: N/A Traditional ROI: 11.95%
2757 Broadway Dubuque, IA Centrally located duplex. 1BR unit and 2-3BR unit. Main floor unit recently renovated. Har...	N/A beds \| N/A baths \| 1,792 sq.ft.	$149,900	Airbnb cash on cash: 4.14% Traditional cash on cash: 7.16% Airbnb Rental Income: $1388 Traditional Rental Income: $1401 Airbnb ROI: 4.14% Traditional ROI: 7.16%
568 Loras Dubuque, IA With long-term tenants in place and located in a highly rentable area near colleges and do...	N/A beds \| N/A baths \| 2,968 sq.ft.	$165,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 6.32% Airbnb Rental Income: $1388 Traditional Rental Income: $1366 Airbnb ROI: 3.79% Traditional ROI: 6.32%
2034 Jackson Dubuque, IA 2034 Jackson St is a solid up-and-down duplex with strong income potential. Each unit offe...	N/A beds \| N/A baths \| 1,592 sq.ft.	$115,000	Airbnb cash on cash: 2.83% Traditional cash on cash: 11.11% Airbnb Rental Income: $993 Traditional Rental Income: $1558 Airbnb ROI: 2.83% Traditional ROI: 11.11%
1233 72nd Street Windsor Heights, IA This spacious duplex offers great flexibility for living or investment. Located in the WDM...	N/A beds \| N/A baths \| N/A	$320,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 2.84% Airbnb Rental Income: $1505 Traditional Rental Income: $1588 Airbnb ROI: 1.1% Traditional ROI: 2.84%
900/902 College Street Boone, IA Great opportunity to add a cash flowing property to your portfolio! Reach out to agent for...	8 beds \| 3 baths \| 1,626 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.42% Airbnb Rental Income: $null Traditional Rental Income: $2263 Airbnb ROI: N/A Traditional ROI: 7.42%
523 S 2nd Street Winterset, IA This conversion duplex offers the perfect opportunity to add value and generate strong ret...	5 beds \| 2 baths \| 1,556 sq.ft.	$140,000	Airbnb cash on cash: 7.15% Traditional cash on cash: 8.59% Airbnb Rental Income: $1941 Traditional Rental Income: $1622 Airbnb ROI: 7.15% Traditional ROI: 8.59%
4131 55th Street Des Moines, IA Turnkey duplex offering strong cash flow from day one! Unit A features 2 bedrooms and 1 fu...	6 beds \| 3 baths \| 2,643 sq.ft.	$275,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 6.64% Airbnb Rental Income: $992 Traditional Rental Income: $2494 Airbnb ROI: -0.52% Traditional ROI: 6.64%
778 NE 71st Street Pleasant Hill, IA Welcome to this stunning ranch duplex backing to a pond, offering modern design and comfor...	4 beds \| 3 baths \| 1,563 sq.ft.	$457,500	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.17% Airbnb Rental Income: $1851 Traditional Rental Income: $2049 Airbnb ROI: 1.55% Traditional ROI: 3.17%
1116 Harrison Street Boone, IA Multi family home in Boone neighborhood. This home features 2 bedrooms 1 bath in the lower...	3 beds \| 3 baths \| 1,742 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.59% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 10.59%
782 NE 71st Street Pleasant Hill, IA Welcome to this stunning ranch duplex backing to a pond, offering modern design and comfor...	4 beds \| 3 baths \| 1,563 sq.ft.	$447,500	Airbnb cash on cash: 0.48% Traditional cash on cash: 4.09% Airbnb Rental Income: $1289 Traditional Rental Income: $2397 Airbnb ROI: 0.48% Traditional ROI: 4.09%
1307 Florida Ames, IA 4 properties sold together all adjacent to each other of 1301 Florida Ave. single family &...	N/A beds \| N/A baths \| 2,196 sq.ft.	$1,500,000	Airbnb cash on cash: -0.15% Traditional cash on cash: -0.49% Airbnb Rental Income: $2370 Traditional Rental Income: $1321 Airbnb ROI: -0.15% Traditional ROI: -0.49%
4713 Ontario Street Ames, IA 4 properties sold together all adjacent to each other of 1301 Florida Ave. single family &...	N/A beds \| N/A baths \| 1,152 sq.ft.	$1,500,000	Airbnb cash on cash: -0.03% Traditional cash on cash: -0.3% Airbnb Rental Income: $2370 Traditional Rental Income: $1412 Airbnb ROI: -0.03% Traditional ROI: -0.3%
4716 Hutchison Street Ames, IA 4 properties sold together all adjacent to each other of 1301 Florida Ave. single family &...	N/A beds \| N/A baths \| N/A	$1,500,000	Airbnb cash on cash: -0.04% Traditional cash on cash: -0.38% Airbnb Rental Income: $2370 Traditional Rental Income: $1314 Airbnb ROI: -0.04% Traditional ROI: -0.38%
3616-3618 SE 11th Street Des Moines, IA This ranch-style duplex is an excellent investment opportunity, ready to generate cash flo...	4 beds \| 2 baths \| 1,776 sq.ft.	$229,990	Airbnb cash on cash: -0.01% Traditional cash on cash: 6.87% Airbnb Rental Income: $992 Traditional Rental Income: $2134 Airbnb ROI: -0.01% Traditional ROI: 6.87%
1018 Emerald Hills Drive Arnolds Park, IA 1018 Emerald Hills Drive â Golferâs Delight! Impeccably maintained patio home located...	3 beds \| 1 baths \| 1,885 sq.ft.	$595,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.23% Airbnb Rental Income: $1303 Traditional Rental Income: $2023 Airbnb ROI: 0.21% Traditional ROI: 2.23%
2389 N 10 Avenue E Adair, IA Step into brand-new comfort with this beautifully built 2-bedroom, 2.5-bathroom home nestl...	2 beds \| 2 baths \| 1,452 sq.ft.	$390,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.5% Airbnb Rental Income: $983 Traditional Rental Income: $2236 Airbnb ROI: 0.11% Traditional ROI: 4.5%
302 E Maple Maquoketa, IA Great duplex property for investors, or live in one side and rent out the other. 1 BR 1BA...	N/A beds \| N/A baths \| 1,996 sq.ft.	$137,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $1437 Airbnb ROI: N/A Traditional ROI: 8.03%
1302 HWY 71 N 32 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	3 beds \| 1 baths \| 1,670 sq.ft.	$549,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.28% Airbnb Rental Income: $983 Traditional Rental Income: $1904 Airbnb ROI: -0.21% Traditional ROI: 2.28%
1302 HWY 71 N 33 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	3 beds \| 1 baths \| 1,670 sq.ft.	$549,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.28% Airbnb Rental Income: $983 Traditional Rental Income: $1904 Airbnb ROI: -0.21% Traditional ROI: 2.28%
1302 HWY 71 N 34 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	3 beds \| 1 baths \| 1,670 sq.ft.	$549,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.28% Airbnb Rental Income: $983 Traditional Rental Income: $1904 Airbnb ROI: -0.21% Traditional ROI: 2.28%
1302 HWY 71 N 35 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	3 beds \| 1 baths \| 1,670 sq.ft.	$549,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.28% Airbnb Rental Income: $983 Traditional Rental Income: $1904 Airbnb ROI: -0.21% Traditional ROI: 2.28%
930 Emma Avenue Des Moines, IA This solid duplex is the perfect opportunity for both investors and house hackers. One sid...	4 beds \| 2 baths \| 1,408 sq.ft.	$229,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 6.07% Airbnb Rental Income: $1250 Traditional Rental Income: $1946 Airbnb ROI: 1.05% Traditional ROI: 6.07%
841 Maggard St Iowa City, IA 841 Maggard St, Iowa City, IA 52240 \| Multi Family	N/A beds \| N/A baths \| 2,132 sq.ft.	$340,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 0.1% Airbnb Rental Income: $1465 Traditional Rental Income: $941 Airbnb ROI: 0.39% Traditional ROI: 0.1%
716 N Dubuque St Iowa City, IA 716 N Dubuque St, Iowa City, IA 52245 \| Multi Family	N/A beds \| N/A baths \| 6,826 sq.ft.	$2,300,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.25% Airbnb Rental Income: $null Traditional Rental Income: $766 Airbnb ROI: N/A Traditional ROI: -2.25%
1339-1341 Dolen Pl Iowa City, IA 1339-1341 Dolen Pl, Iowa City, IA 52246 \| Multi Family	N/A beds \| N/A baths \| 1,976 sq.ft.	$339,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 0.1% Airbnb Rental Income: $1608 Traditional Rental Income: $942 Airbnb ROI: 0.76% Traditional ROI: 0.1%
409 S 7th Ave Iowa City, IA 409 S 7th Ave, Iowa City, IA 52245 \| Multi Family	N/A beds \| N/A baths \| 1,721 sq.ft.	$314,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 1.28% Airbnb Rental Income: $1876 Traditional Rental Income: $1225 Airbnb ROI: 1.79% Traditional ROI: 1.28%
2605 White Dubuque, IA Investor Alert! Fully rented duplex each 3 bedroom unit has laundry hook ups.	6 beds \| 2 baths \| 2,112 sq.ft.	$200,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 4.59% Airbnb Rental Income: $638 Traditional Rental Income: $1341 Airbnb ROI: -0.67% Traditional ROI: 4.59%
2768 Jackson Dubuque, IA Investor alert! Duplex with off Street parking. 1-2 bedroom unit and 1-4 bedroom unit with...	N/A beds \| N/A baths \| 2,403 sq.ft.	$200,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 4.83% Airbnb Rental Income: $638 Traditional Rental Income: $1372 Airbnb ROI: -0.59% Traditional ROI: 4.83%
3210 E 7th Street Des Moines, IA Well-kept Craftsman duplex in Highland Park- perfect for investors or seeking a low-mainte...	3 beds \| 2 baths \| 1,796 sq.ft.	$250,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 7.86% Airbnb Rental Income: $1250 Traditional Rental Income: $2459 Airbnb ROI: 1.06% Traditional ROI: 7.86%
19 E 2nd Street Spencer, IA Investor Opportunity â Tucked into the heart of Spencer, this 1Â½-story frame bungalow h...	N/A beds \| N/A baths \| 2,050 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.64% Airbnb Rental Income: $null Traditional Rental Income: $1382 Airbnb ROI: N/A Traditional ROI: 8.64%
306 Emerald Dr Arnolds Park, IA EMERALD DRIVE IN THE HEART OF ARNOLDS PARK. GREAT COMBINATION! Quality construction by Mik...	2 beds \| 1 baths \| 1,224 sq.ft.	$288,500	Airbnb cash on cash: 1.21% Traditional cash on cash: 4.43% Airbnb Rental Income: $1303 Traditional Rental Income: $1774 Airbnb ROI: 1.21% Traditional ROI: 4.43%
804 Valley View Drive Ida Grove, IA Five doors. Five opportunities. One solid investment. Opportunity awaits with this well-ma...	N/A beds \| N/A baths \| 4,321 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.71% Airbnb Rental Income: $null Traditional Rental Income: $1529 Airbnb ROI: N/A Traditional ROI: 1.71%
1940 35th Street B Spirit Lake, IA Welcome to this near-new duplex in the heart of it all! With two bedrooms and a kitchen/li...	4 beds \| 1 baths \| 2,439 sq.ft.	$425,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 3.01% Airbnb Rental Income: $2893 Traditional Rental Income: $2076 Airbnb ROI: 3.38% Traditional ROI: 3.01%
802 Valley View Drive Ida Grove, IA A Quadplex That Checks the Boxes! Set in a sought-after neighborhood, this 4-unit complex ...	N/A beds \| N/A baths \| 2,300 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.03% Airbnb Rental Income: $null Traditional Rental Income: $1482 Airbnb ROI: N/A Traditional ROI: 2.03%
324 7th Street West Des Moines, IA Great investment opportunity in the heart of Valley Junction. This 2-story conversion offe...	5 beds \| 2 baths \| 1,876 sq.ft.	$250,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 8.56% Airbnb Rental Income: $1585 Traditional Rental Income: $2650 Airbnb ROI: 2.13% Traditional ROI: 8.56%
4000/4002 Ontario Street Ames, IA East side has been renovated: paint, LVP flooring, carpet, appliances, bathroom. Newer roo...	N/A beds \| N/A baths \| N/A	$284,900	Airbnb cash on cash: 2.15% Traditional cash on cash: 2.66% Airbnb Rental Income: $1720 Traditional Rental Income: $1382 Airbnb ROI: 2.15% Traditional ROI: 2.66%
853 W Locust Dubuque, IA This is a great owner occupied duplex w/double garage & double carport. Good potential to ...	N/A beds \| N/A baths \| 1,904 sq.ft.	$229,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.65% Airbnb Rental Income: $993 Traditional Rental Income: $1498 Airbnb ROI: 0.68% Traditional ROI: 4.65%

Your search for investment property begins and ends here

Multi Family for Sale in Iowa

400 Long

Lost Nation, IA

N/A beds | N/A baths | 2,868 sq.ft.

$94,500

Airbnb cash on cash: N/A

Traditional cash on cash: 11.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1521

Airbnb ROI: N/A

Traditional ROI: 11.95%

2757 Broadway

Dubuque, IA

N/A beds | N/A baths | 1,792 sq.ft.

$149,900

Airbnb cash on cash: 4.14%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $1388

Traditional Rental Income: $1401

Airbnb ROI: 4.14%

Traditional ROI: 7.16%

568 Loras

Dubuque, IA

N/A beds | N/A baths | 2,968 sq.ft.

$165,000

Airbnb cash on cash: 3.79%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $1388

Traditional Rental Income: $1366

Airbnb ROI: 3.79%

Traditional ROI: 6.32%

2034 Jackson

Dubuque, IA

N/A beds | N/A baths | 1,592 sq.ft.

$115,000

Airbnb cash on cash: 2.83%

Traditional cash on cash: 11.11%

Airbnb Rental Income: $993

Traditional Rental Income: $1558

Airbnb ROI: 2.83%

Traditional ROI: 11.11%

1233 72nd Street

Windsor Heights, IA

N/A beds | N/A baths | N/A

$320,000

Airbnb cash on cash: 1.1%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $1505

Traditional Rental Income: $1588

Airbnb ROI: 1.1%

Traditional ROI: 2.84%

900/902 College Street

Boone, IA

8 beds | 3 baths | 1,626 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2263

Airbnb ROI: N/A

Traditional ROI: 7.42%

523 S 2nd Street

Winterset, IA

5 beds | 2 baths | 1,556 sq.ft.

$140,000

Airbnb cash on cash: 7.15%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $1941

Traditional Rental Income: $1622

Airbnb ROI: 7.15%

Traditional ROI: 8.59%

4131 55th Street

Des Moines, IA

6 beds | 3 baths | 2,643 sq.ft.

$275,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 6.64%

Airbnb Rental Income: $992

Traditional Rental Income: $2494

Airbnb ROI: -0.52%