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 53 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
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: -0.22% Traditional cash on cash: 7.16% Airbnb Rental Income: $638 Traditional Rental Income: $1401 Airbnb ROI: -0.22% 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: 1.7% Traditional cash on cash: 6.32% Airbnb Rental Income: $993 Traditional Rental Income: $1366 Airbnb ROI: 1.7% Traditional ROI: 6.32%
732,736,740 Michael St Iowa City, IA 42 Multifamily Units. 3 14 Unit Buildings. 36 1 Bedroom 1 Bath Units. 6 Studio Units. ...	N/A beds \| N/A baths \| 16,128 sq.ft.	$3,750,000	Airbnb cash on cash: -2.45% Traditional cash on cash: -2.4% Airbnb Rental Income: $1230 Traditional Rental Income: $1023 Airbnb ROI: -2.45% Traditional ROI: -2.4%
4131 55th Street Des Moines, IA Turnkey duplex offering strong cash from from day one! Unit A features 2 bedrooms and 1 fu...	5 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.	$447,500	Airbnb cash on cash: 1.6% Traditional cash on cash: 3.26% Airbnb Rental Income: $1851 Traditional Rental Income: $2049 Airbnb ROI: 1.6% Traditional ROI: 3.26%
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.	$437,500	Airbnb cash on cash: 0.52% Traditional cash on cash: 4.21% Airbnb Rental Income: $1289 Traditional Rental Income: $2397 Airbnb ROI: 0.52% Traditional ROI: 4.21%
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: -0.96% Traditional cash on cash: 6.87% Airbnb Rental Income: $744 Traditional Rental Income: $2134 Airbnb ROI: -0.96% 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%
1308 Idaho Avenue Ames, IA Great opportunity for investment or house hacking! Side by side duplex with each side cons...	4 beds \| 2 baths \| 1,914 sq.ft.	$285,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 6.03% Airbnb Rental Income: $2559 Traditional Rental Income: $2320 Airbnb ROI: 4.63% Traditional ROI: 6.03%
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: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2236 Airbnb ROI: N/A 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.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.56% Airbnb Rental Income: $null Traditional Rental Income: $1437 Airbnb ROI: N/A Traditional ROI: 8.56%
1302 HWY 71 N 32 Okoboji, 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: -0.18% Traditional cash on cash: 2.28% Airbnb Rental Income: $996 Traditional Rental Income: $1904 Airbnb ROI: -0.18% Traditional ROI: 2.28%
1302 HWY 71 N 33 Okoboji, 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: -0.18% Traditional cash on cash: 2.28% Airbnb Rental Income: $996 Traditional Rental Income: $1904 Airbnb ROI: -0.18% Traditional ROI: 2.28%
1302 HWY 71 N 34 Okoboji, 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: -0.18% Traditional cash on cash: 2.28% Airbnb Rental Income: $996 Traditional Rental Income: $1904 Airbnb ROI: -0.18% Traditional ROI: 2.28%
1302 HWY 71 N 35 Okoboji, 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: -0.18% Traditional cash on cash: 2.28% Airbnb Rental Income: $996 Traditional Rental Income: $1904 Airbnb ROI: -0.18% Traditional ROI: 2.28%
1011 Hudson Ave Iowa City, IA 1011 Hudson Ave, Iowa City, IA 52246 \| Multi Family	N/A beds \| N/A baths \| 2,100 sq.ft.	$390,000	Airbnb cash on cash: -0.52% Traditional cash on cash: -0.56% Airbnb Rental Income: $1230 Traditional Rental Income: $824 Airbnb ROI: -0.52% Traditional ROI: -0.56%
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%
2605 White Dubuque, IA Investor Alert! Fully rented duplex each 3 bedroom unit has laundry hook ups.	N/A beds \| N/A 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: 2.45% Traditional cash on cash: 7.86% Airbnb Rental Income: $1644 Traditional Rental Income: $2459 Airbnb ROI: 2.45% 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%
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%
1242 Mckinley Avenue Des Moines, IA Exceptional Investment Opportunity! Introducing a versatile multi-family residence perfect...	4 beds \| 2 baths \| 1,513 sq.ft.	$299,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 5.09% Airbnb Rental Income: $1250 Traditional Rental Income: $2104 Airbnb ROI: 0.64% Traditional ROI: 5.09%
305 W Main Street unit: A #A Mingo, IA 24 Hour Sale	N/A beds \| N/A baths \| 3,066 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.27% Airbnb Rental Income: $null Traditional Rental Income: $1528 Airbnb ROI: N/A Traditional ROI: 2.27%
3302 Ponderosa Court 6B Spirit Lake, IA This 3 bedroom, 2.5 bath twin home features an open, airy layout with 20 foot ceilings and...	3 beds \| 2 baths \| 1,940 sq.ft.	$549,500	Airbnb cash on cash: 1.28% Traditional cash on cash: 3.76% Airbnb Rental Income: $1756 Traditional Rental Income: $2551 Airbnb ROI: 1.28% Traditional ROI: 3.76%
1312 22nd Street Des Moines, IA Duplex is being sold along with 9 unit building next door as a package deal. (See 1314 22n...	4 beds \| N/A baths \| 1,682 sq.ft.	$195,000	Airbnb cash on cash: 3.81% Traditional cash on cash: 7.76% Airbnb Rental Income: $1644 Traditional Rental Income: $1914 Airbnb ROI: 3.81% Traditional ROI: 7.76%
4510 Concord Drive Pleasant Hill, IA Well-maintained ranch-style duplex located on a quiet Pleasant Hill street, offering an ex...	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 2.07% Airbnb Rental Income: $907 Traditional Rental Income: $1310 Airbnb ROI: -0.56% Traditional ROI: 2.07%
4416 Camelot Dubuque, IA Nice side by side ranch duplex in highly desirable location. Great rental history with th...	N/A beds \| N/A baths \| 2,088 sq.ft.	$355,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 2.14% Airbnb Rental Income: $1388 Traditional Rental Income: $1519 Airbnb ROI: 0.49% Traditional ROI: 2.14%
1280 Cleveland #1290 Cleveland Ave Dubuque, IA Two attached townhomes side by side being sold together. 1280 and 1290 Cleveland Ave Ea...	N/A beds \| N/A baths \| 1,232 sq.ft.	$200,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.89% Airbnb Rental Income: $993 Traditional Rental Income: $1321 Airbnb ROI: 1.3% Traditional ROI: 4.89%
302 E Main St Calmar, IA 302 E Main St, Calmar, IA 52132 \| Multi Family	7 beds \| 3 baths \| 4,970 sq.ft.	$345,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 5.96% Airbnb Rental Income: $1282 Traditional Rental Income: $2851 Airbnb ROI: -0.13% Traditional ROI: 5.96%
210 Park Ave Strawberry Point, IA 210 Park Ave, Strawberry Point, IA 52076 \| Multi Family	N/A beds \| N/A baths \| 3,936 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $774 Airbnb ROI: N/A Traditional ROI: 2.54%
1545 Knight Ave Waverly, IA	2 beds \| 2 baths \| 1,900 sq.ft.	$419,900	Airbnb cash on cash: -1.47% Traditional cash on cash: 2.3% Airbnb Rental Income: $851 Traditional Rental Income: $2004 Airbnb ROI: -1.47% Traditional ROI: 2.3%

Your search for investment property begins and ends here

Multi Family for Sale in Iowa

2757 Broadway

Dubuque, IA

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

$149,900

Airbnb cash on cash: -0.22%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $638

Traditional Rental Income: $1401

Airbnb ROI: -0.22%

Traditional ROI: 7.16%

568 Loras

Dubuque, IA

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

$165,000

Airbnb cash on cash: 1.7%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $993

Traditional Rental Income: $1366

Airbnb ROI: 1.7%

Traditional ROI: 6.32%

732,736,740 Michael St

Iowa City, IA

N/A beds | N/A baths | 16,128 sq.ft.

$3,750,000

Airbnb cash on cash: -2.45%

Traditional cash on cash: -2.4%

Airbnb Rental Income: $1230

Traditional Rental Income: $1023

Airbnb ROI: -2.45%

Traditional ROI: -2.4%

4131 55th Street

Des Moines, IA

5 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

4 beds | 3 baths | 1,563 sq.ft.

$447,500

Airbnb cash on cash: 1.6%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $1851

Traditional Rental Income: $2049

Airbnb ROI: 1.6%

Traditional ROI: 3.26%

1116 Harrison Street

Boone, IA

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

4 beds | 3 baths | 1,563 sq.ft.

$437,500

Airbnb cash on cash: 0.52%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1289

Traditional Rental Income: $2397

Airbnb ROI: 0.52%

Traditional ROI: 4.21%

3616-3618 SE 11th Street

Des Moines, IA

4 beds | 2 baths | 1,776 sq.ft.

$229,990

Airbnb cash on cash: -0.96%

Traditional cash on cash: 6.87%

Airbnb Rental Income: $744

Traditional Rental Income: $2134

Airbnb ROI: -0.96%