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 125 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
418-422 N 6th Street Winterset, IA Investor Alert! Super clean and well-maintained duplex investment property. Each unit has ...	4 beds \| 1 baths \| 995 sq.ft.	$305,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 2.97% Airbnb Rental Income: $2139 Traditional Rental Income: $1708 Airbnb ROI: 2.57% Traditional ROI: 2.97%
460 Loras Dubuque, IA All brick duplex with good rental history! This 3 story building has a 2 bedroom unit on t...	N/A beds \| N/A baths \| 2,921 sq.ft.	$200,000	Airbnb cash on cash: 4.72% Traditional cash on cash: 4.63% Airbnb Rental Income: $1897 Traditional Rental Income: $1374 Airbnb ROI: 4.72% Traditional ROI: 4.63%
303 Logan Avenue Waterloo, IA This large, income-producing property generates nearly $2,400 in monthly rent. All units a...	N/A beds \| N/A baths \| 2,656 sq.ft.	$110,000	Airbnb cash on cash: 6.06% Traditional cash on cash: 11.86% Airbnb Rental Income: $1429 Traditional Rental Income: $1620 Airbnb ROI: 6.06% Traditional ROI: 11.86%
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.	$169,000	Airbnb cash on cash: 7.81% Traditional cash on cash: 6.15% Airbnb Rental Income: $2186 Traditional Rental Income: $1366 Airbnb ROI: 7.81% Traditional ROI: 6.15%
214 W Jefferson Street Osceola, IA Ready to Become Osceolaâs Next Real Estate Success Story? This fully occupied 4-plex is ...	N/A beds \| N/A baths \| 1,512 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.99% Airbnb Rental Income: $null Traditional Rental Income: $2427 Airbnb ROI: N/A Traditional ROI: 7.99%
914 S 18th Street Clarinda, IA 914 S. 18th is a modern, single level condo built in 2018 and offers 1166 square feet of t...	2 beds \| 2 baths \| 1,166 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1997 Airbnb ROI: N/A Traditional ROI: 4.69%
3212 Prairie Meadow Drive A MILFORD, IA Get ready to be impressed!!! 3 bed 2 bath Duplex in the beautiful Nature Trails neighborho...	3 beds \| 2 baths \| 1,432 sq.ft.	$399,999	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.07% Airbnb Rental Income: $1619 Traditional Rental Income: $2405 Airbnb ROI: 0.75% Traditional ROI: 4.07%
1301 E Sheridan Avenue Des Moines, IA Great Investment Opportunity! This income-producing property is occupied on one side and s...	2 beds \| 2 baths \| 1,100 sq.ft.	$167,990	Airbnb cash on cash: 5.09% Traditional cash on cash: 8.02% Airbnb Rental Income: $1851 Traditional Rental Income: $1822 Airbnb ROI: 5.09% Traditional ROI: 8.02%
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	$330,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 2.72% Airbnb Rental Income: $1605 Traditional Rental Income: $1588 Airbnb ROI: 1.31% Traditional ROI: 2.72%
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.	$250,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 7.09% Airbnb Rental Income: $1471 Traditional Rental Income: $2263 Airbnb ROI: 1.9% Traditional ROI: 7.09%
214-216 N Francis Cedar Falls, IA Investors Dream: Modern Duplex in Cedar Falls! Introducing a fantastic investment oppo...	N/A beds \| N/A baths \| 1,598 sq.ft.	$592,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.46% Airbnb Rental Income: $1770 Traditional Rental Income: $1915 Airbnb ROI: 0.32% Traditional ROI: 1.46%
330 N 6th Street Dubuque, IA One-of-a-kind home blends timeless character with modern luxury. Originally part of a hist...	2 beds \| 2 baths \| 2,250 sq.ft.	$399,900	Airbnb cash on cash: 1.85% Traditional cash on cash: 3.65% Airbnb Rental Income: $1897 Traditional Rental Income: $2064 Airbnb ROI: 1.85% Traditional ROI: 3.65%
717 Franklin Street Keokuk, IA There is timeless character in this well maintained quadplex. All four units have beautifu...	N/A beds \| N/A baths \| 6,826 sq.ft.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.58% Airbnb Rental Income: $null Traditional Rental Income: $1284 Airbnb ROI: N/A Traditional ROI: 5.58%
2274 Washington Dubuque, IA Great First-Time Investment Opportunity! This fully rented duplex near the Bee Branch walk...	N/A beds \| N/A baths \| 2,494 sq.ft.	$145,000	Airbnb cash on cash: 9.13% Traditional cash on cash: 7.15% Airbnb Rental Income: $2186 Traditional Rental Income: $1358 Airbnb ROI: 9.13% Traditional ROI: 7.15%
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.	$159,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 7.43% Airbnb Rental Income: $1246 Traditional Rental Income: $1622 Airbnb ROI: 2.37% Traditional ROI: 7.43%
204 & 206 Elm Street Iowa Falls, IA Unique opportunity on this side by side duplex. Designed for privacy and long term stabili...	N/A beds \| N/A baths \| 1,936 sq.ft.	$155,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 6.67% Airbnb Rental Income: $1611 Traditional Rental Income: $1506 Airbnb ROI: 4.3% Traditional ROI: 6.67%
212 34th Avenue W Spencer, IA Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is ...	3 beds \| 1 baths \| 1,558 sq.ft.	$275,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 5.88% Airbnb Rental Income: $1710 Traditional Rental Income: $2128 Airbnb ROI: 2.44% Traditional ROI: 5.88%
216 34th Avenue W Spencer, IA Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is ...	3 beds \| 1 baths \| 1,558 sq.ft.	$275,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 5.87% Airbnb Rental Income: $1710 Traditional Rental Income: $2128 Airbnb ROI: 2.43% Traditional ROI: 5.87%
204 34th Avenue W Spencer, IA Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is ...	3 beds \| 1 baths \| 1,558 sq.ft.	$275,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 5.87% Airbnb Rental Income: $1710 Traditional Rental Income: $2128 Airbnb ROI: 2.43% Traditional ROI: 5.87%
208 34th Avenue W Spencer, IA Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is ...	3 beds \| 1 baths \| 1,558 sq.ft.	$275,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 5.88% Airbnb Rental Income: $1710 Traditional Rental Income: $2128 Airbnb ROI: 2.44% Traditional ROI: 5.88%
3302 Ponderosa Court B Spirit Lake, IA Enjoy a spacious layout with soaring 20-foot ceilings and oversized windows that flood the...	3 beds \| 3 baths \| 1,940 sq.ft.	$549,500	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.09% Airbnb Rental Income: $1339 Traditional Rental Income: $2718 Airbnb ROI: 0.6% Traditional ROI: 4.09%
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: 0.76% Traditional cash on cash: 6.64% Airbnb Rental Income: $1389 Traditional Rental Income: $2494 Airbnb ROI: 0.76% Traditional ROI: 6.64%
6 Cardinal Court Newton, IA Don't miss this fantastic investment opportunity! This spacious updated duplex offers gene...	4 beds \| 4 baths \| 2,026 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.34% Airbnb Rental Income: $null Traditional Rental Income: $2351 Airbnb ROI: N/A Traditional ROI: 8.34%
1016 Pearl Street Grinnell, IA PRICE REDUCE!!! Live in one side and rent the other. Easy living. Looking for an affordab...	N/A beds \| N/A baths \| 1,350 sq.ft.	$117,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.56% Airbnb Rental Income: $null Traditional Rental Income: $993 Airbnb ROI: N/A Traditional ROI: 5.56%
702 E Coolbaugh Street Red Oak, IA This beautifully remodeled tudor-style duplex is a dream. The entire building has been met...	N/A beds \| N/A baths \| 3,146 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.92% Airbnb Rental Income: $null Traditional Rental Income: $1836 Airbnb ROI: N/A Traditional ROI: 6.92%
628 Avenue F Fort Madison, IA Incredible Income Producing Potential!! This 5 unit apartment building awaits! Plenty of r...	N/A beds \| N/A baths \| 4,755 sq.ft.	$239,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.5% Airbnb Rental Income: $null Traditional Rental Income: $915 Airbnb ROI: N/A Traditional ROI: 1.5%
101 S Marion Street Adair, IA The Monroe Luxury Condos are Luxury living at its best. This Master craftmanship 2 bed, 2 ...	2 beds \| 2 baths \| 1,400 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.54% Airbnb Rental Income: $null Traditional Rental Income: $2232 Airbnb ROI: N/A Traditional ROI: 7.54%
1399 E 11th St. Carroll, IA Discover your dream home in this stunning new construction zero-entry condo, offering over...	N/A beds \| N/A baths \| 3,028 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $2556 Airbnb ROI: N/A Traditional ROI: 5.73%
726 2nd Ave Manilla, IA NEW CONSTRUCTION! A clean, impressive duplex unit - an attached single-car garage. Spaciou...	2 beds \| 1 baths \| 1,119 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $2053 Airbnb ROI: N/A Traditional ROI: 7.08%
730 2nd Avenue Manilla, IA NEW CONSTRUCTION! A clean, impressive duplex unit - an attached single-car garage. Spaciou...	2 beds \| 1 baths \| 1,119 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $2053 Airbnb ROI: N/A Traditional ROI: 7.08%
3106 Zenith Avenue, #A Spirit Lake, IA Price Includes $7,500 flooring allowance !! A well cared for 3 bedroom 2 bath home in a g...	3 beds \| 2 baths \| 2,168 sq.ft.	$229,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 8.67% Airbnb Rental Income: $1339 Traditional Rental Income: $2437 Airbnb ROI: 1.7% Traditional ROI: 8.67%
3812 Clinton Avenue Des Moines, IA	N/A beds \| N/A baths \| 1,693 sq.ft.	$340,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.31% Airbnb Rental Income: $1851 Traditional Rental Income: $1967 Airbnb ROI: 1.39% Traditional ROI: 3.31%
321 Clay Street Cedar Falls, IA If you are looking for your next investment opportunity, then look no further. Check out t...	N/A beds \| N/A baths \| 2,954 sq.ft.	$288,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.05% Airbnb Rental Income: $1295 Traditional Rental Income: $1882 Airbnb ROI: 0.4% Traditional ROI: 4.05%
114 34th Avenue W Spencer, IA Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is ...	3 beds \| 1 baths \| 1,558 sq.ft.	$292,000	Airbnb cash on cash: 3% Traditional cash on cash: 6.24% Airbnb Rental Income: $1710 Traditional Rental Income: $2128 Airbnb ROI: 3% Traditional ROI: 6.24%
102 34th Avenue W Spencer, IA Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is ...	3 beds \| 1 baths \| 1,558 sq.ft.	$292,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 4.85% Airbnb Rental Income: $1710 Traditional Rental Income: $2128 Airbnb ROI: 1.61% Traditional ROI: 4.85%
110 34th Avenue W Spencer, IA Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is ...	3 beds \| 1 baths \| 1,558 sq.ft.	$292,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 6.24% Airbnb Rental Income: $1710 Traditional Rental Income: $2125 Airbnb ROI: 3.01% Traditional ROI: 6.24%

Your search for investment property begins and ends here

Multi Family for Sale in Iowa

418-422 N 6th Street

Winterset, IA

4 beds | 1 baths | 995 sq.ft.

$305,000

Airbnb cash on cash: 2.57%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $2139

Traditional Rental Income: $1708

Airbnb ROI: 2.57%

Traditional ROI: 2.97%

460 Loras

Dubuque, IA

N/A beds | N/A baths | 2,921 sq.ft.

$200,000

Airbnb cash on cash: 4.72%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $1897

Traditional Rental Income: $1374

Airbnb ROI: 4.72%

Traditional ROI: 4.63%

303 Logan Avenue

Waterloo, IA

N/A beds | N/A baths | 2,656 sq.ft.

$110,000

Airbnb cash on cash: 6.06%

Traditional cash on cash: 11.86%

Airbnb Rental Income: $1429

Traditional Rental Income: $1620

Airbnb ROI: 6.06%

Traditional ROI: 11.86%

568 Loras

Dubuque, IA

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

$169,000

Airbnb cash on cash: 7.81%

Traditional cash on cash: 6.15%

Airbnb Rental Income: $2186

Traditional Rental Income: $1366

Airbnb ROI: 7.81%

Traditional ROI: 6.15%

214 W Jefferson Street

Osceola, IA

N/A beds | N/A baths | 1,512 sq.ft.

$240,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.99%

Airbnb Rental Income: $null

Traditional Rental Income: $2427

Airbnb ROI: N/A

Traditional ROI: 7.99%

914 S 18th Street

Clarinda, IA

2 beds | 2 baths | 1,166 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1997

Airbnb ROI: N/A

Traditional ROI: 4.69%

3212 Prairie Meadow Drive A

MILFORD, IA

3 beds | 2 baths | 1,432 sq.ft.

$399,999

Airbnb cash on cash: 0.75%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1619

Traditional Rental Income: $2405

Airbnb ROI: 0.75%

Traditional ROI: 4.07%

1301 E Sheridan Avenue

Des Moines, IA

2 beds | 2 baths | 1,100 sq.ft.

$167,990

Airbnb cash on cash: 5.09%

Traditional cash on cash: 8.02%

Airbnb Rental Income: $1851

Traditional Rental Income: $1822

Airbnb ROI: 5.09%