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 83 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: 4.14% Traditional cash on cash: 7.16% Airbnb Rental Income: $1388 Traditional Rental Income: $1401 Airbnb ROI: 4.14% Traditional ROI: 7.16%
606 Hooper Street Melbourne, IA Investor alert! 606 Hopper Street is a completely occupied and priced-to-sell 4-plex in Me...	N/A beds \| N/A baths \| 2,912 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.85% Airbnb Rental Income: $null Traditional Rental Income: $1326 Airbnb ROI: N/A Traditional ROI: 3.85%
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%
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.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.37% Airbnb Rental Income: $null Traditional Rental Income: $2427 Airbnb ROI: N/A Traditional ROI: 8.37%
2164 Jackson Dubuque, IA Great investment opportunity in Dubuque! This up and down Duplex offers a 2 bed 1 bath uni...	N/A beds \| N/A baths \| 2,158 sq.ft.	$164,900	Airbnb cash on cash: 3.84% Traditional cash on cash: 6.57% Airbnb Rental Income: $1388 Traditional Rental Income: $1396 Airbnb ROI: 3.84% Traditional ROI: 6.57%
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%
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.	$375,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 3.94% Airbnb Rental Income: $1388 Traditional Rental Income: $2064 Airbnb ROI: 0.83% Traditional ROI: 3.94%
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: N/A Traditional cash on cash: 8.59% Airbnb Rental Income: $null Traditional Rental Income: $1622 Airbnb ROI: N/A 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: 0.31% Traditional cash on cash: 6.64% Airbnb Rental Income: $1250 Traditional Rental Income: $2494 Airbnb ROI: 0.31% Traditional ROI: 6.64%
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.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.23% Airbnb Rental Income: $null Traditional Rental Income: $1836 Airbnb ROI: N/A Traditional ROI: 8.23%
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%
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%
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%
415 W Lee Seymour, IA This beautiful duplex was built in 2022. Each side has an open concept with 2 bedrooms, 2 ...	N/A beds \| N/A baths \| 2,557 sq.ft.	$367,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2142 Airbnb ROI: N/A Traditional ROI: 3.69%
201 E Lincoln Ave Fairfield, IA Very nice well built duplex on a quiet street. Open floor plan with large bedrooms and clo...	2 beds \| 2 baths \| 1,516 sq.ft.	$282,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.26% Airbnb Rental Income: $null Traditional Rental Income: $2128 Airbnb ROI: N/A Traditional ROI: 5.26%
328 N 6th Street Oskaloosa, IA The transformation is amazing on this property!!! This South Duplex used to be the kitche...	2 beds \| 2 baths \| 2,250 sq.ft.	$355,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $2105 Airbnb ROI: N/A Traditional ROI: 4.96%
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%
609 W Montgomery Street Creston, IA Prime Creston Investment property! This four-plex property provides residents with conveni...	N/A beds \| N/A baths \| 3,238 sq.ft.	$111,900	Airbnb cash on cash: 5.22% Traditional cash on cash: 11.64% Airbnb Rental Income: $1330 Traditional Rental Income: $1614 Airbnb ROI: 5.22% Traditional ROI: 11.64%
811 N 7Th Street Chariton, IA This side-by-side duplex with two-car attached garage and additional off-street parking of...	N/A beds \| N/A baths \| 1,440 sq.ft.	$187,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.77% Airbnb Rental Income: $null Traditional Rental Income: $1637 Airbnb ROI: N/A Traditional ROI: 5.77%
324 S Washington Eagle Grove, IA Contact agent for showings. 24 Hour notice. Appliances not included. 1 year lease then mon...	N/A beds \| N/A baths \| 2,240 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.98% Airbnb Rental Income: $null Traditional Rental Income: $1923 Airbnb ROI: N/A Traditional ROI: 5.98%
200 210 S Washington Eagle Grove, IA Rent is 855.00 per unit. Owner pays water & elec.	N/A beds \| N/A baths \| 2,008 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $1937 Airbnb ROI: N/A Traditional ROI: 6.47%
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%
2050 Sapphire Lane Fairfield, IA This high quality duplex in beloved North Campus Village is one of the best finds in the n...	N/A beds \| N/A baths \| 2,276 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.11% Airbnb Rental Income: $null Traditional Rental Income: $1993 Airbnb ROI: N/A Traditional ROI: 3.11%
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%
718 Avenue E Fort Madison, IA Does your business hire traveling professionals? If so, this could be just what you need! ...	N/A beds \| N/A baths \| 4,206 sq.ft.	$262,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $1458 Airbnb ROI: N/A Traditional ROI: 3.35%
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%
104 E Main Street Rathbun, IA Donât miss this opportunity to own a versatile duplex located in the small town of Rathb...	N/A beds \| N/A baths \| 4,800 sq.ft.	$359,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.75% Airbnb Rental Income: $1081 Traditional Rental Income: $1340 Airbnb ROI: -0.11% Traditional ROI: 1.75%
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%
518 Central Avenue E Hampton, IA Cash flow, Cash Flow with 3 one-bedroom apartments rented at $600 per month and one at $65...	N/A beds \| N/A baths \| 2,224 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.94% Airbnb Rental Income: $null Traditional Rental Income: $1392 Airbnb ROI: N/A Traditional ROI: 7.94%
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%

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: 4.14%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $1388

Traditional Rental Income: $1401

Airbnb ROI: 4.14%

Traditional ROI: 7.16%

606 Hooper Street

Melbourne, IA

N/A beds | N/A baths | 2,912 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1326

Airbnb ROI: N/A

Traditional ROI: 3.85%

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%

214 W Jefferson Street

Osceola, IA

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

$229,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.37%

Airbnb Rental Income: $null

Traditional Rental Income: $2427

Airbnb ROI: N/A

Traditional ROI: 8.37%

2164 Jackson

Dubuque, IA

N/A beds | N/A baths | 2,158 sq.ft.

$164,900

Airbnb cash on cash: 3.84%

Traditional cash on cash: 6.57%

Airbnb Rental Income: $1388

Traditional Rental Income: $1396

Airbnb ROI: 3.84%

Traditional ROI: 6.57%

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%

330 N 6th Street

Dubuque, IA

2 beds | 2 baths | 2,250 sq.ft.

$375,900

Airbnb cash on cash: 0.83%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $1388

Traditional Rental Income: $2064

Airbnb ROI: 0.83%