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.

Townhouses for Sale in Iowa

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

Showing 771 Townhouse 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
3805 Chippewa Ct. Sioux City, IA Enjoy pride of ownership in this spacious northside townhome tucked away on a quiet cul-de...	3 beds \| 3 baths \| 2,442 sq.ft.	$260,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 8.94% Airbnb Rental Income: $1439 Traditional Rental Income: $2955 Airbnb ROI: 1.01% Traditional ROI: 8.94%
410 W Main Street #1 Urbana, IA Upscale living meets small-town quiet in this beautifully updated 3 bedroom end unit condo...	3 beds \| 3 baths \| 1,603 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.61% Airbnb Rental Income: $null Traditional Rental Income: $2598 Airbnb ROI: N/A Traditional ROI: 10.61%
354 NW Georgetown Boulevard Ankeny, IA Welcome to this well-maintained townhome in the highly sought-after Georgetown development...	2 beds \| 2 baths \| 1,140 sq.ft.	$167,900	Airbnb cash on cash: 5.17% Traditional cash on cash: 7.98% Airbnb Rental Income: $1997 Traditional Rental Income: $1925 Airbnb ROI: 5.17% Traditional ROI: 7.98%
1401 N 6th Street #12 Indianola, IA Come view this well maintained 2-story townhome offering 3 bedrooms, 2.5 baths with 1,380 ...	3 beds \| 3 baths \| 1,380 sq.ft.	$200,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 7.39% Airbnb Rental Income: $1107 Traditional Rental Income: $2138 Airbnb ROI: -0.01% Traditional ROI: 7.39%
786 White Tail Way Polk City, IA Welcome to Wolf Creek, a beautiful tree-lined community in the growing Polk City area! Thi...	2 beds \| 2 baths \| 1,328 sq.ft.	$310,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 3.74% Airbnb Rental Income: $1997 Traditional Rental Income: $2050 Airbnb ROI: 1.77% Traditional ROI: 3.74%
1008 NE Kamies Lane Ankeny, IA Affordable space, functionality, and flexibility come together in this well-maintained Ank...	4 beds \| 4 baths \| 1,520 sq.ft.	$221,500	Airbnb cash on cash: 2.58% Traditional cash on cash: 8.02% Airbnb Rental Income: $1840 Traditional Rental Income: $2485 Airbnb ROI: 2.58% Traditional ROI: 8.02%
613 Meadow Place Ames, IA 3 Bedroom end-unit townhome in South Ames. 2 bathrooms with tile surrounds, nice sized liv...	3 beds \| 2 baths \| 630 sq.ft.	$112,000	Airbnb cash on cash: 6.05% Traditional cash on cash: 10.71% Airbnb Rental Income: $1608 Traditional Rental Income: $1656 Airbnb ROI: 6.05% Traditional ROI: 10.71%
2405 3rd Avenue SE Altoona, IA **Welcome to this beautiful resale townhome in Laird Estates with 3 bedroom, 3 bath and cl...	3 beds \| 3 baths \| 1,378 sq.ft.	$345,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.1% Airbnb Rental Income: $1468 Traditional Rental Income: $2422 Airbnb ROI: -0.19% Traditional ROI: 4.1%
1311 SE Delaware Avenue #3 Ankeny, IA Don't miss this beautifully updated townhome offering comfort, style, and low-maintenance ...	2 beds \| 2 baths \| 1,176 sq.ft.	$162,499	Airbnb cash on cash: 5.44% Traditional cash on cash: 8.26% Airbnb Rental Income: $1997 Traditional Rental Income: $1913 Airbnb ROI: 5.44% Traditional ROI: 8.26%
1058 NE 57th Lane Ankeny, IA Move-In ready 2 story home with new flooring throughout the first floor and new carpeting ...	3 beds \| 3 baths \| 1,380 sq.ft.	$219,950	Airbnb cash on cash: 0.3% Traditional cash on cash: 7.71% Airbnb Rental Income: $1282 Traditional Rental Income: $2423 Airbnb ROI: 0.3% Traditional ROI: 7.71%
4146 Eisenhower Lane #1 Ames, IA This home is currently listed as a 'delayed showing'. Under no circumstances will any show...	2 beds \| 1 baths \| 1,258 sq.ft.	$219,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.64% Airbnb Rental Income: $1335 Traditional Rental Income: $1662 Airbnb ROI: 1.1% Traditional ROI: 4.64%
5834 SE 22nd Court Des Moines, IA Step inside this zero-entry ranch townhome. The open concept layout flows smoothy from the...	2 beds \| 2 baths \| 1,454 sq.ft.	$229,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 6.58% Airbnb Rental Income: $1003 Traditional Rental Income: $2298 Airbnb ROI: -1.01% Traditional ROI: 6.58%
565 10th Street Waukee, IA Rare to find a townhome with a basement. You heard me correctly, townhome WITH a basement!...	3 beds \| 4 baths \| 1,445 sq.ft.	$274,900	Airbnb cash on cash: 1.22% Traditional cash on cash: 6.11% Airbnb Rental Income: $1609 Traditional Rental Income: $2418 Airbnb ROI: 1.22% Traditional ROI: 6.11%
1026 NE 57th Lane Ankeny, IA Come take a look at this well cared for end-unit townhome in Ankeny with a 2 car attached ...	2 beds \| 3 baths \| 1,331 sq.ft.	$227,500	Airbnb cash on cash: 3.05% Traditional cash on cash: 7.34% Airbnb Rental Income: $1997 Traditional Rental Income: $2400 Airbnb ROI: 3.05% Traditional ROI: 7.34%
1018 NE 57th Lane Ankeny, IA Welcome to Northgate Rowhouse! This like-new two-story townhome offers 2 spacious bedrooms...	2 beds \| 3 baths \| 1,331 sq.ft.	$215,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 7.8% Airbnb Rental Income: $1997 Traditional Rental Income: $2398 Airbnb ROI: 3.28% Traditional ROI: 7.8%
2648 82nd Street Urbandale, IA Welcome home to refined comfort and unforgettable views in the heart of Cobblestone. From ...	2 beds \| 3 baths \| 1,472 sq.ft.	$215,000	Airbnb cash on cash: -2.86% Traditional cash on cash: 2.52% Airbnb Rental Income: $1068 Traditional Rental Income: $1796 Airbnb ROI: -2.86% Traditional ROI: 2.52%
3703 NE Marissa Lane Ankeny, IA Well-appointed 2-bedroom, 3-bath townhome offering effortless, low-maintenance living in a...	2 beds \| 3 baths \| 1,340 sq.ft.	$249,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 5.38% Airbnb Rental Income: $1997 Traditional Rental Income: $2218 Airbnb ROI: 2.23% Traditional ROI: 5.38%
8302 Westown Parkway #3106 West Des Moines, IA Prime location meets low maintenance living in this move in ready end unit townhome! Offer...	2 beds \| 2 baths \| 1,100 sq.ft.	$179,500	Airbnb cash on cash: 0.46% Traditional cash on cash: 6.37% Airbnb Rental Income: $1131 Traditional Rental Income: $1763 Airbnb ROI: 0.46% Traditional ROI: 6.37%
3799 Village Run Drive #908 Des Moines, IA Tucked away on a quiet street, this beautifully updated townhome offers the perfect blend ...	2 beds \| 2 baths \| 1,428 sq.ft.	$209,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 6.6% Airbnb Rental Income: $1003 Traditional Rental Income: $2067 Airbnb ROI: -0.57% Traditional ROI: 6.6%
1624 Lyndale Drive Polk City, IA Beautiful two-story home situated on nearly a 1/2-acre lot with a fully fenced yard and ir...	5 beds \| 3 baths \| 2,176 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 4.09%
3112 NE Chandler Lane Ankeny, IA Thoughtfully designed and well maintained, this 3-bedroom, 2.5-bath townhome in the desira...	3 beds \| 3 baths \| 1,473 sq.ft.	$223,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 7.75% Airbnb Rental Income: $1282 Traditional Rental Income: $2462 Airbnb ROI: 0.26% Traditional ROI: 7.75%
2102 High Street Des Moines, IA Discover your new home in this beautifully-appointed 2-bedroom, 2.5-bathroom end unit town...	2 beds \| 3 baths \| 1,104 sq.ft.	$232,900	Airbnb cash on cash: -1.6% Traditional cash on cash: 5.28% Airbnb Rental Income: $1003 Traditional Rental Income: $2162 Airbnb ROI: -1.6% Traditional ROI: 5.28%
2502 NE 6th Street Grimes, IA 4 YEAR WARRANTY! 1 year builder warranty and 3 year extended warranty. Check out this bi-a...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.23% Airbnb Rental Income: $1357 Traditional Rental Income: $2146 Airbnb ROI: 0.66% Traditional ROI: 4.23%
197 79th Street West Des Moines, IA This wonderful split foyer has 3 bedrooms with finished basement with a great space to mak...	3 beds \| 3 baths \| 1,273 sq.ft.	$279,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.09% Airbnb Rental Income: $1609 Traditional Rental Income: $2131 Airbnb ROI: 0.37% Traditional ROI: 4.09%
2505 53rd st Des Moines, IA	3 beds \| 2 baths \| N/A	$190,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.73% Airbnb Rental Income: $1309 Traditional Rental Income: $1469 Airbnb ROI: 0.59% Traditional ROI: 3.73%
213 NE Glendale Lane Ankeny, IA Welcome to 213 NE Glendale Lane- a beautifully maintained 3-bedroom, 2.5-bath end-unit tow...	3 beds \| 3 baths \| 1,473 sq.ft.	$235,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 6.7% Airbnb Rental Income: $1282 Traditional Rental Income: $2333 Airbnb ROI: 0.16% Traditional ROI: 6.7%
3109 NE 2nd Lane Ankeny, IA Perfectly positioned for both convenience and comfort, this well-maintained 3 bedroom/2.5 ...	3 beds \| 3 baths \| 1,460 sq.ft.	$229,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 7.56% Airbnb Rental Income: $1282 Traditional Rental Income: $2468 Airbnb ROI: 0.23% Traditional ROI: 7.56%
1070 50th Street #10E West Des Moines, IA Welcome home to this beautifully updated two story townhome in West Des Moines! Step insid...	2 beds \| 2 baths \| 1,080 sq.ft.	$200,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 5.13% Airbnb Rental Income: $1131 Traditional Rental Income: $1733 Airbnb ROI: -0.03% Traditional ROI: 5.13%
3558 9th Ave N Fort Dodge, IA This home is located in a New Development located in an established neighborhood. This 2 b...	2 beds \| 2 baths \| 1,500 sq.ft.	$259,900	Airbnb cash on cash: -1.9% Traditional cash on cash: 6.7% Airbnb Rental Income: $644 Traditional Rental Income: $2457 Airbnb ROI: -1.9% Traditional ROI: 6.7%
7955 Wistful Vista Drive #12 West Des Moines, IA Blending the best of ranch-style convenience with 2-story living, this stunning 1.5-story ...	5 beds \| 4 baths \| 2,330 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.41% Airbnb Rental Income: $null Traditional Rental Income: $2904 Airbnb ROI: N/A Traditional ROI: 4.41%
4305 153rd Place Urbandale, IA Welcome home to this beautifully maintained 2-bedroom, 2.5-bath townhome tucked into one o...	2 beds \| 3 baths \| 1,176 sq.ft.	$205,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 6.56% Airbnb Rental Income: $1068 Traditional Rental Income: $2060 Airbnb ROI: -0.43% Traditional ROI: 6.56%
2250 NW Chapel Lane Ankeny, IA Welcome to this beautifully maintained ranch townhome with over 1900 sf including the fini...	3 beds \| 3 baths \| 1,237 sq.ft.	$299,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.52% Airbnb Rental Income: $1282 Traditional Rental Income: $2205 Airbnb ROI: -0.18% Traditional ROI: 4.52%
477 Spring Crest Lane Waukee, IA Welcome to your new Waukee home! Situated in Waukee schools and near the Heart of the Warr...	3 beds \| 4 baths \| 1,445 sq.ft.	$275,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.33% Airbnb Rental Income: $1609 Traditional Rental Income: $2224 Airbnb ROI: 1.19% Traditional ROI: 5.33%
3051 SW White Birch Drive Ankeny, IA Spacious 3-bedroom, 2.5-bath townhome in an unbeatable Ankeny location with easy access to...	3 beds \| 3 baths \| 1,380 sq.ft.	$222,000	Airbnb cash on cash: 0% Traditional cash on cash: 5.98% Airbnb Rental Income: $1282 Traditional Rental Income: $2136 Airbnb ROI: 0% Traditional ROI: 5.98%
111 10th Street #410 Des Moines, IA Rare Downtown Loft with Massive Private Patio in the Iconic Look Magazine Building! Experi...	1 beds \| 2 baths \| 1,248 sq.ft.	$272,499	Airbnb cash on cash: -3.88% Traditional cash on cash: 0.95% Airbnb Rental Income: $584 Traditional Rental Income: $1539 Airbnb ROI: -3.88% Traditional ROI: 0.95%
15500 Tradewind Drive #4 Spirit Lake, IA Enjoy West Lake living without the commotion-and benefit from lower taxes, too! This maint...	4 beds \| 4 baths \| 3,147 sq.ft.	$925,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.44% Airbnb Rental Income: $2071 Traditional Rental Income: $3811 Airbnb ROI: -0.2% Traditional ROI: 2.44%
6913 Jack London Drive Johnston, IA Don't miss out! Fabulous townhome opportunity in Johnston, compare to the competition! Thi...	2 beds \| 3 baths \| 1,840 sq.ft.	$222,500	Airbnb cash on cash: -0.78% Traditional cash on cash: 6.58% Airbnb Rental Income: $1028 Traditional Rental Income: $2219 Airbnb ROI: -0.78% Traditional ROI: 6.58%
1240 Truman Place Ames, IA The Sellers will not accept any proposed purchase agreements/offers earlier than 6pm on 4/...	2 beds \| 3 baths \| 987 sq.ft.	$179,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 6.76% Airbnb Rental Income: $1335 Traditional Rental Income: $1800 Airbnb ROI: 1.64% Traditional ROI: 6.76%
9655 Crowning Drive West Des Moines, IA Enjoy easy living in this beautifully maintained ranch townhome in a prime West Des Moines...	2 beds \| 2 baths \| 1,412 sq.ft.	$309,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 4.18% Airbnb Rental Income: $1131 Traditional Rental Income: $2215 Airbnb ROI: -0.84% Traditional ROI: 4.18%
13619 Bay Hill Drive Clive, IA Executive townhome in Bay Hill ON THE LAKE at County Club. Total Remodel top to bottom in ...	3 beds \| 3 baths \| 1,788 sq.ft.	$975,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 0.81% Airbnb Rental Income: $1317 Traditional Rental Income: $3016 Airbnb ROI: -1.51% Traditional ROI: 0.81%

Your search for investment property begins and ends here

Townhouses for Sale in Iowa

3805 Chippewa Ct.

Sioux City, IA

3 beds | 3 baths | 2,442 sq.ft.

$260,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 8.94%

Airbnb Rental Income: $1439

Traditional Rental Income: $2955

Airbnb ROI: 1.01%

Traditional ROI: 8.94%

410 W Main Street #1

Urbana, IA

3 beds | 3 baths | 1,603 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.61%

Airbnb Rental Income: $null

Traditional Rental Income: $2598

Airbnb ROI: N/A

Traditional ROI: 10.61%

354 NW Georgetown Boulevard

Ankeny, IA

2 beds | 2 baths | 1,140 sq.ft.

$167,900

Airbnb cash on cash: 5.17%

Traditional cash on cash: 7.98%

Airbnb Rental Income: $1997

Traditional Rental Income: $1925

Airbnb ROI: 5.17%

Traditional ROI: 7.98%

1401 N 6th Street #12

Indianola, IA

3 beds | 3 baths | 1,380 sq.ft.

$200,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 7.39%

Airbnb Rental Income: $1107

Traditional Rental Income: $2138

Airbnb ROI: -0.01%

Traditional ROI: 7.39%

786 White Tail Way

Polk City, IA

2 beds | 2 baths | 1,328 sq.ft.

$310,000

Airbnb cash on cash: 1.77%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $1997

Traditional Rental Income: $2050

Airbnb ROI: 1.77%

Traditional ROI: 3.74%

1008 NE Kamies Lane

Ankeny, IA

4 beds | 4 baths | 1,520 sq.ft.

$221,500

Airbnb cash on cash: 2.58%

Traditional cash on cash: 8.02%

Airbnb Rental Income: $1840

Traditional Rental Income: $2485

Airbnb ROI: 2.58%

Traditional ROI: 8.02%

613 Meadow Place

Ames, IA

3 beds | 2 baths | 630 sq.ft.

$112,000

Airbnb cash on cash: 6.05%

Traditional cash on cash: 10.71%

Airbnb Rental Income: $1608

Traditional Rental Income: $1656

Airbnb ROI: 6.05%

Traditional ROI: 10.71%

2405 3rd Avenue SE

Altoona, IA

3 beds | 3 baths | 1,378 sq.ft.

$345,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $1468

Traditional Rental Income: $2422

Airbnb ROI: -0.19%