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Solid investment opportunity in the heart of Uptown Ankeny. This side by side ranch duplex offers two bedrooms and one bath per unit, both recently remodeled and ready to perform from day one. Currently occupied at market rent with tenants paying all utilities, so the cash flow stays clean and predictable. The improvements go well beyond cosmetics. Fresh exterior paint, new stoops, newer concrete approaches, and a new sewer line mean the big ticket items are already handled, saving the next owner real money and real headaches. Location seals it. Uptown Ankeny is one of the metro's most walkable and in demand pockets, close to shops, dining, and the amenities that keep quality tenants renewing year after year. Whether you are adding to a portfolio or buying your first rental, this one checks the boxes. Schedule your showing today. All information obtained from seller and public record.

4 Beds ⋅ 2 Baths ⋅ 749787 MLS

Solid investment opportunity in the heart of Uptown Ankeny. This side by side ranch duplex offers two bedrooms and one bath per unit, both recently remodeled and ready to perform from day one. Currently occupied at market rent with tenants paying all utilities, so the cash flow stays clean and predictable. The improvements go well beyond cosmetics. Fresh exterior paint, new stoops, newer concrete approaches, and a new sewer line mean the big ticket items are already handled, saving the next owner real money and real headaches. Location seals it. Uptown Ankeny is one of the metro's most walkable and in demand pockets, close to shops, dining, and the amenities that keep quality tenants renewing year after year. Whether you are adding to a portfolio or buying your first rental, this one checks the boxes. Schedule your showing today. All information obtained from seller and public record.

622 SW Maple Street, Ankeny

Listing courtesy of David Rodriguez with RE/MAX Precision

$330,000

This property is a duplex that can serve as a dynamic investment opportunity or a multi-generational home. Located within walking distance of Kinnick-Feller Riverside Park and just a few blocks from Main Street in Adel, this home has been updated and features low-maintenance exteriors. Each unit is over 1400 sq ft and has fresh LVP flooring and carpeting throughout and a large, open concept living area. The kitchen has been updated with new cabinetry and modern appliances. Each unit has three bedrooms with spacious closets and bath. The baths have been updated with new vanities, storage, and handicap accessible showers. The laundry room is complete with a washer, dryer, and utility sink. A bonus lot of 0.5 acres is included with this property, attached to the South. It has already received preapproval from the City of Adel to build two more duplex units. Additionally, the buyer is extending an opportunity to purchase the tractor, trailer and equipment seen in the photos. The units also include many handicap features, making them eligible for government-assisted rent programs. With plenty of parking and a convenient location, this property has room to expand income-earning opportunities for a new buyer.

6 Beds ⋅ 2 Baths ⋅ 749688 MLS

This property is a duplex that can serve as a dynamic investment opportunity or a multi-generational home. Located within walking distance of Kinnick-Feller Riverside Park and just a few blocks from Main Street in Adel, this home has been updated and features low-maintenance exteriors. Each unit is over 1400 sq ft and has fresh LVP flooring and carpeting throughout and a large, open concept living area. The kitchen has been updated with new cabinetry and modern appliances. Each unit has three bedrooms with spacious closets and bath. The baths have been updated with new vanities, storage, and handicap accessible showers. The laundry room is complete with a washer, dryer, and utility sink. A bonus lot of 0.5 acres is included with this property, attached to the South. It has already received preapproval from the City of Adel to build two more duplex units. Additionally, the buyer is extending an opportunity to purchase the tractor, trailer and equipment seen in the photos. The units also include many handicap features, making them eligible for government-assisted rent programs. With plenty of parking and a convenient location, this property has room to expand income-earning opportunities for a new buyer.

451 N 10th Street, Adel

Listing courtesy of Adam Bugbee with Real Broker, LLC

$150,000

Fully Occupied Fourplex – Investment Opportunity 1438 5th Avenue North, Fort Dodge, Iowa Offered at $150,000 Add this fully occupied four-unit residential income property to your investment portfolio! The property currently generates $2,600 per month in gross rental income, totaling $31,200 annually, and provides immediate income for its next owner. This two-story building offers approximately 2,128 square feet and consists of four one-bedroom, one-bathroom apartments. Two units are located on the main floor, with two additional units upstairs. Each apartment has its own private entrance and includes a refrigerator and stove. The property also features off-street parking, a full basement, forced-air heating, public water and sewer, and two 40-gallon water heaters replaced in 2021 and 2023. The upstairs apartments have received previous remodeling, and the exterior was painted in 2023. All four apartments are currently occupied, and the landlord pays all utilities. At the $150,000 asking price, the property’s annual gross rental income equals approximately 20.8% of the purchase price before utilities and other operating expenses. Please allow appropriate notice for showings and do not disturb the tenants. Property is owned by an entity in which the listing agent has an ownership interest. All information is believed reliable but is not guaranteed. Buyers and buyers’ agents should independently verify rental income, expenses, measurements, zoning, and all other info.

6342941 MLS

Fully Occupied Fourplex – Investment Opportunity 1438 5th Avenue North, Fort Dodge, Iowa Offered at $150,000 Add this fully occupied four-unit residential income property to your investment portfolio! The property currently generates $2,600 per month in gross rental income, totaling $31,200 annually, and provides immediate income for its next owner. This two-story building offers approximately 2,128 square feet and consists of four one-bedroom, one-bathroom apartments. Two units are located on the main floor, with two additional units upstairs. Each apartment has its own private entrance and includes a refrigerator and stove. The property also features off-street parking, a full basement, forced-air heating, public water and sewer, and two 40-gallon water heaters replaced in 2021 and 2023. The upstairs apartments have received previous remodeling, and the exterior was painted in 2023. All four apartments are currently occupied, and the landlord pays all utilities. At the $150,000 asking price, the property’s annual gross rental income equals approximately 20.8% of the purchase price before utilities and other operating expenses. Please allow appropriate notice for showings and do not disturb the tenants. Property is owned by an entity in which the listing agent has an ownership interest. All information is believed reliable but is not guaranteed. Buyers and buyers’ agents should independently verify rental income, expenses, measurements, zoning, and all other info.

1438 5th Ave N, Fort Dodge

Listing courtesy of with One Stop Realty

$109,900

Great investment opportunity! This spacious two-story home has been converted into an up-and-down duplex, offering two separate living units with the potential to convert back to a single-family home. The main-level unit is accessed from the east side entrance and features two bedrooms, a large living room, formal dining room with built-in hutch, full bath, and kitchen with existing appliances included. This unit also has access to the full basement, rear entry area, and back deck. The upper-level unit is accessed through the front entrance and offers a flexible two-bedroom layout, with the option to the third bedroom as a living room. It also includes a full bath with laundry, kitchen with appliances included, and access to a walk-up attic for additional storage. Beautiful hardwood floors highlight the upper level, with hardwood believed to be under much of the main-floor carpeting. A single-car detached garage completes the property. Whether you're looking for two rental units or a home that could be converted back to single-family living, this property offers plenty of possibilities!

6342791 MLS

Great investment opportunity! This spacious two-story home has been converted into an up-and-down duplex, offering two separate living units with the potential to convert back to a single-family home. The main-level unit is accessed from the east side entrance and features two bedrooms, a large living room, formal dining room with built-in hutch, full bath, and kitchen with existing appliances included. This unit also has access to the full basement, rear entry area, and back deck. The upper-level unit is accessed through the front entrance and offers a flexible two-bedroom layout, with the option to the third bedroom as a living room. It also includes a full bath with laundry, kitchen with appliances included, and access to a walk-up attic for additional storage. Beautiful hardwood floors highlight the upper level, with hardwood believed to be under much of the main-floor carpeting. A single-car detached garage completes the property. Whether you're looking for two rental units or a home that could be converted back to single-family living, this property offers plenty of possibilities!

832 Water St, Webster City

Listing courtesy of with Abens Realty

$259,900

NO HOA dues, no covenants, no pet or rental restrictions! 3 bedroom twin home with finished lower level has almost 1,700 finished square feet! Updates include new roof on both homes, extended concrete for spacious parking and walkways, new neutral paint throughout! Also updated stainless steel appliances, freshly stained deck, wifi thermostat, doorbell/camera, kitchen sink faucet, garbage disposal, showerhead and garage door gasket! Highlights include fully fenced backyard, open floorplan, kid/pet screen on garage exterior, laminate flooring throughout, covered front porch & tons of storage! Main floor features entry w/ side light. Living room has gas fireplace framed by windows on both sides and ceiling fan. Large kitchen features lots of cabinetry, composite sink, newer appliances and huge pantry, just off the kitchen! Good sized dining room. Mudroom has first floor laundry and pantry closet. Two good sized bedrooms and bath round out the main floor. Finished lower level has good sized family room w/ egress window, full bath and large bedroom. Perfect for a teen or roommate situation! Storage/utility room has tons of space! Fabulous neighborhood, close to parks and shopping. Easy access to downtown!

3 Beds ⋅ 2 Baths ⋅ 749375 MLS

NO HOA dues, no covenants, no pet or rental restrictions! 3 bedroom twin home with finished lower level has almost 1,700 finished square feet! Updates include new roof on both homes, extended concrete for spacious parking and walkways, new neutral paint throughout! Also updated stainless steel appliances, freshly stained deck, wifi thermostat, doorbell/camera, kitchen sink faucet, garbage disposal, showerhead and garage door gasket! Highlights include fully fenced backyard, open floorplan, kid/pet screen on garage exterior, laminate flooring throughout, covered front porch & tons of storage! Main floor features entry w/ side light. Living room has gas fireplace framed by windows on both sides and ceiling fan. Large kitchen features lots of cabinetry, composite sink, newer appliances and huge pantry, just off the kitchen! Good sized dining room. Mudroom has first floor laundry and pantry closet. Two good sized bedrooms and bath round out the main floor. Finished lower level has good sized family room w/ egress window, full bath and large bedroom. Perfect for a teen or roommate situation! Storage/utility room has tons of space! Fabulous neighborhood, close to parks and shopping. Easy access to downtown!

547 SW 46th Street, Ankeny

Listing courtesy of Julie Moore with RE/MAX Concepts

$205,000

Opportunity is knocking with this duplex situated on a corner lot. Each unit offers 2 bedrooms and 1 bathroom. Electric, gas, and water are all separately metered, making utility responsibilities easier to manage. Off-street parking provides space for approximately three vehicles. With two separate units and utilities already divided, this property offers a practical setup and plenty of possibilities. Whether you are looking to add to your investment portfolio or take on your next project, there is plenty of potential here to make improvements and build value over time.

26-2026 MLS

Opportunity is knocking with this duplex situated on a corner lot. Each unit offers 2 bedrooms and 1 bathroom. Electric, gas, and water are all separately metered, making utility responsibilities easier to manage. Off-street parking provides space for approximately three vehicles. With two separate units and utilities already divided, this property offers a practical setup and plenty of possibilities. Whether you are looking to add to your investment portfolio or take on your next project, there is plenty of potential here to make improvements and build value over time.

2040 Ave B, Council Bluffs

Listing courtesy of Jesse Skudler with NP Dodge Real Estate - Council Bluffs

$460,000

Built in 2023, this duplex features two spacious 3-bedroom units with tenants already in place. Each unit includes two private entrances, a fenced yard, a one-car garage, and heated concrete flooring throughout. This modern, low-maintenance construction makes ownership simple and efficient. Conveniently situated near shopping, restaurants, schools, and parks, this property is well-positioned to attract and retain tenants.

26-2017 MLS

Built in 2023, this duplex features two spacious 3-bedroom units with tenants already in place. Each unit includes two private entrances, a fenced yard, a one-car garage, and heated concrete flooring throughout. This modern, low-maintenance construction makes ownership simple and efficient. Conveniently situated near shopping, restaurants, schools, and parks, this property is well-positioned to attract and retain tenants.

1600 4th Ave, Council Bluffs

Listing courtesy of Michelle L Osborne with Better Homes and Gardens Real Estate The Good Life Group

$450,000

Garrison House — For Sale Two Ways to Acquire This Established Restaurant & Lodging Business Garrison House offers a rare opportunity to step into a proven, profitable operation in two flexible structures, depending on the buyer's goals: Option 1 — Restaurant Business Only: $150,000 Acquire the turnkey restaurant operation — including established food, beverage, retail, and catering revenue streams — while leasing the building from the seller. This path is ideal for an operator who wants to step directly into a running, profitable business without the capital outlay of real estate ownership. The restaurant alone generated $220,997 in total income and $138,716 in gross profit through August 2026, with $29,717 in net ordinary income for full-year 2025. Option 2 — Total Sale (Business + Real Estate): $450,000 For a buyer looking to own both the operation and the property outright, the complete package includes the restaurant business, the building, and the integrated lodging operation (B&B and Airbnb income). This structure offers full control — no landlord relationship, direct ownership of the real estate, and the ability to capture both restaurant and lodging income streams (combined 2025 revenue of $276,487) under one roof. Why This Flexibility Matters Whether you're an operator looking to grow into ownership over time, or an investor seeking a full turnkey acquisition, Garrison House's dual-option structure lets you choose the path that fits your capital position and l

6342569 MLS

Garrison House — For Sale Two Ways to Acquire This Established Restaurant & Lodging Business Garrison House offers a rare opportunity to step into a proven, profitable operation in two flexible structures, depending on the buyer's goals: Option 1 — Restaurant Business Only: $150,000 Acquire the turnkey restaurant operation — including established food, beverage, retail, and catering revenue streams — while leasing the building from the seller. This path is ideal for an operator who wants to step directly into a running, profitable business without the capital outlay of real estate ownership. The restaurant alone generated $220,997 in total income and $138,716 in gross profit through August 2026, with $29,717 in net ordinary income for full-year 2025. Option 2 — Total Sale (Business + Real Estate): $450,000 For a buyer looking to own both the operation and the property outright, the complete package includes the restaurant business, the building, and the integrated lodging operation (B&B and Airbnb income). This structure offers full control — no landlord relationship, direct ownership of the real estate, and the ability to capture both restaurant and lodging income streams (combined 2025 revenue of $276,487) under one roof. Why This Flexibility Matters Whether you're an operator looking to grow into ownership over time, or an investor seeking a full turnkey acquisition, Garrison House's dual-option structure lets you choose the path that fits your capital position and l

104 N 16th, Clarinda

Listing courtesy of with Thomas Realty

$164,900

Invest in this versatile Highland Park duplex, perfect for an owner-occupant or an investor. Each unit features one bedroom and one bathroom, and the property comes with a rental certificate issued this year. Located near schools, and bus routes, it also includes off-street parking. With one unit currently occupied and the other vacant, it's move in or rental ready.

2 Beds ⋅ 2 Baths ⋅ 749021 MLS

Invest in this versatile Highland Park duplex, perfect for an owner-occupant or an investor. Each unit features one bedroom and one bathroom, and the property comes with a rental certificate issued this year. Located near schools, and bus routes, it also includes off-street parking. With one unit currently occupied and the other vacant, it's move in or rental ready.

3905 8th Street, Des Moines

Listing courtesy of Amanda Welch with LPT Realty, LLC

$167,500

This built-as four-plex offers great income from day one and huge upside potential as well! The building features four efficiency apartments, two on each floor. Each unit is separately metered for gas and electricity, and all four of the four units are currently occupied with tenants paying $700/month! Currently the tenants are responsible to pay their own electricity, Landlord pays gas, water & trash. There is some deferred maintenance on the property, and the units certainly show their age, but for a savvy investor with some renovation know-how this property presents a fantastic opportunity to invest in some improvements and really make the property cash flow! The building is sold as-is.

26-1980 MLS

This built-as four-plex offers great income from day one and huge upside potential as well! The building features four efficiency apartments, two on each floor. Each unit is separately metered for gas and electricity, and all four of the four units are currently occupied with tenants paying $700/month! Currently the tenants are responsible to pay their own electricity, Landlord pays gas, water & trash. There is some deferred maintenance on the property, and the units certainly show their age, but for a savvy investor with some renovation know-how this property presents a fantastic opportunity to invest in some improvements and really make the property cash flow! The building is sold as-is.

339 Scott St, Council Bluffs

Listing courtesy of Mark Hanwright with Heartland Properties

$449,900

Prime Pella Location | Duplex Across from Lincoln Elementary Great opportunity to own a low-maintenance, purpose-built duplex in a fantastic Pella location! Situated directly across from Lincoln Elementary and just a few blocks from downtown, this property offers convenience, flexibility, and investment potential. The duplex features a 3-bedroom, 1.5-bath unit and a 2-bedroom, 2-bath unit. Perfect for investors or house hackers, you can live in one unit while renting the other to help offset your housing costs, or rent both units for an income-producing investment. A desirable location, two well-sized units, and low-maintenance ownership make this a great opportunity in Pella.

5 Beds ⋅ 4 Baths ⋅ 748847 MLS

Prime Pella Location | Duplex Across from Lincoln Elementary Great opportunity to own a low-maintenance, purpose-built duplex in a fantastic Pella location! Situated directly across from Lincoln Elementary and just a few blocks from downtown, this property offers convenience, flexibility, and investment potential. The duplex features a 3-bedroom, 1.5-bath unit and a 2-bedroom, 2-bath unit. Perfect for investors or house hackers, you can live in one unit while renting the other to help offset your housing costs, or rent both units for an income-producing investment. A desirable location, two well-sized units, and low-maintenance ownership make this a great opportunity in Pella.

1113 Broadway Street, Pella

Listing courtesy of Austin Steenhoek with Century 21 Signature

$133,000

Looking for your next income-producing investment? This 2-story duplex offers two HUGE units and a rental history that makes it worth a closer look! The property has historically generated $1,600 per month in rental income, making it an opportunity for investors looking to add cash flow to their portfolio. Each unit features 2 bedrooms, a living room, kitchen, and full bath, with exceptionally large rooms that give tenants plenty of space to spread out. The upper unit is currently vacant after the previous tenants moved out of Ottumwa. The owner intentionally left it vacant while the property is listed to make showings easier. Otherwise, the property has historically rented easily, giving the next owner the opportunity to market the vacant unit and work toward restoring the property's full rental income. The property also includes a good-sized yard and a large carport for convenient off-street parking. Tenants pay their own gas and electric, while the owner pays water. Whether you're building your rental portfolio, looking for your next cash-flow opportunity, or considering living in one unit while collecting rent from the other, this duplex offers plenty of potential. Two oversized units, a history of rental demand, and $1,600 per month in historical rental income make this one worth running the numbers on! One of the owners is a licensed real estate agent in the State of Iowa.

6342392 MLS

Looking for your next income-producing investment? This 2-story duplex offers two HUGE units and a rental history that makes it worth a closer look! The property has historically generated $1,600 per month in rental income, making it an opportunity for investors looking to add cash flow to their portfolio. Each unit features 2 bedrooms, a living room, kitchen, and full bath, with exceptionally large rooms that give tenants plenty of space to spread out. The upper unit is currently vacant after the previous tenants moved out of Ottumwa. The owner intentionally left it vacant while the property is listed to make showings easier. Otherwise, the property has historically rented easily, giving the next owner the opportunity to market the vacant unit and work toward restoring the property's full rental income. The property also includes a good-sized yard and a large carport for convenient off-street parking. Tenants pay their own gas and electric, while the owner pays water. Whether you're building your rental portfolio, looking for your next cash-flow opportunity, or considering living in one unit while collecting rent from the other, this duplex offers plenty of potential. Two oversized units, a history of rental demand, and $1,600 per month in historical rental income make this one worth running the numbers on! One of the owners is a licensed real estate agent in the State of Iowa.

1146 N Elm St, Ottumwa

Listing courtesy of with Ottumwa Realty

$189,900

Once in a lifetime opportunity to own a landmark piece of history right on the main street square in Eldora. The historic Carnegie building stands as a cherished part of the community’s story, offering a rare chance to preserve its legacy while bringing your own vision to life. Whether you dream of continuing a successful restaurant or creating a new destination business, this remarkable property is ready for its next chapter. Featuring over 4,400 square feet between the main level and basement, the building blends timeless character with practical function. Inside, you’ll find soaring ceilings, large windows that fill each room with natural light, multiple dining areas, a bar, an equipped kitchen, four bathroom stalls, and two original wood-burning fireplaces that reflect the craftsmanship and charm of a bygone era. Thoughtful updates throughout make the property operable, move-in ready, and prepared for immediate use. Step into a building rich with history, possibility, and purpose. Bring your business, your creativity, and your passion—and become part of the continuing story of one of Eldora’s most treasured historic spaces. *Kitchen equipment and furnishings are included with the listing; please ask your agent for a detailed list of included and excluded items. Immediate possession is available mid October.

6342387 MLS

Once in a lifetime opportunity to own a landmark piece of history right on the main street square in Eldora. The historic Carnegie building stands as a cherished part of the community’s story, offering a rare chance to preserve its legacy while bringing your own vision to life. Whether you dream of continuing a successful restaurant or creating a new destination business, this remarkable property is ready for its next chapter. Featuring over 4,400 square feet between the main level and basement, the building blends timeless character with practical function. Inside, you’ll find soaring ceilings, large windows that fill each room with natural light, multiple dining areas, a bar, an equipped kitchen, four bathroom stalls, and two original wood-burning fireplaces that reflect the craftsmanship and charm of a bygone era. Thoughtful updates throughout make the property operable, move-in ready, and prepared for immediate use. Step into a building rich with history, possibility, and purpose. Bring your business, your creativity, and your passion—and become part of the continuing story of one of Eldora’s most treasured historic spaces. *Kitchen equipment and furnishings are included with the listing; please ask your agent for a detailed list of included and excluded items. Immediate possession is available mid October.

1209 14th Ave, Eldora

Listing courtesy of with Oakridge Real Estate

$295,000

INVESTMENT OPPORTUNITY! Whether you're looking to grow your real estate portfolio or take the first step toward building one, this 2-bedroom, 1-bathroom duplex offers an exciting opportunity! Each unit features a comfortable layout flowing from the living area into the dining space and kitchen, complete with a convenient pantry for additional storage. Step outside to enjoy a quiet backyard—an inviting bonus for residents and a great feature for attracting tenants. Conveniently located with quick access to the interstate, making commuting and getting around a breeze. Add this versatile property to your investment strategy and start building toward your real estate goals!

4 Beds ⋅ 2 Baths ⋅ 748548 MLS

INVESTMENT OPPORTUNITY! Whether you're looking to grow your real estate portfolio or take the first step toward building one, this 2-bedroom, 1-bathroom duplex offers an exciting opportunity! Each unit features a comfortable layout flowing from the living area into the dining space and kitchen, complete with a convenient pantry for additional storage. Step outside to enjoy a quiet backyard—an inviting bonus for residents and a great feature for attracting tenants. Conveniently located with quick access to the interstate, making commuting and getting around a breeze. Add this versatile property to your investment strategy and start building toward your real estate goals!

5802 & 5806 NE 3rd Street, Des Moines

Listing courtesy of Lacie Sibley with Boutique Real Estate

$295,000

INVESTMENT OPPORTUNITY! Whether you're looking to grow your real estate portfolio or take the first step toward building one, this 2-bedroom, 1-bathroom duplex offers an exciting opportunity! Each unit features a comfortable layout flowing from the living area into the dining space and kitchen, complete with a convenient pantry for additional storage. Step outside to enjoy a quiet backyard—an inviting bonus for residents and a great feature for attracting tenants. Conveniently located with quick access to the interstate, making commuting and getting around a breeze. Add this versatile property to your investment strategy and start building toward your real estate goals!

4 Beds ⋅ 2 Baths ⋅ 748550 MLS

INVESTMENT OPPORTUNITY! Whether you're looking to grow your real estate portfolio or take the first step toward building one, this 2-bedroom, 1-bathroom duplex offers an exciting opportunity! Each unit features a comfortable layout flowing from the living area into the dining space and kitchen, complete with a convenient pantry for additional storage. Step outside to enjoy a quiet backyard—an inviting bonus for residents and a great feature for attracting tenants. Conveniently located with quick access to the interstate, making commuting and getting around a breeze. Add this versatile property to your investment strategy and start building toward your real estate goals!

250 & 252 NE 57th Place, Des Moines

Listing courtesy of Lacie Sibley with Boutique Real Estate

$295,000

INVESTMENT OPPORTUNITY! Whether you're looking to grow your real estate portfolio or take the first step toward building one, this 2-bedroom, 1-bathroom duplex offers an exciting opportunity! Each unit features a comfortable layout flowing from the living area into the dining space and kitchen, complete with a convenient pantry for additional storage. Step outside to enjoy a quiet backyard—an inviting bonus for residents and a great feature for attracting tenants. Conveniently located with quick access to the interstate, making commuting and getting around a breeze. Add this versatile property to your investment strategy and start building toward your real estate goals!

4 Beds ⋅ 2 Baths ⋅ 748559 MLS

INVESTMENT OPPORTUNITY! Whether you're looking to grow your real estate portfolio or take the first step toward building one, this 2-bedroom, 1-bathroom duplex offers an exciting opportunity! Each unit features a comfortable layout flowing from the living area into the dining space and kitchen, complete with a convenient pantry for additional storage. Step outside to enjoy a quiet backyard—an inviting bonus for residents and a great feature for attracting tenants. Conveniently located with quick access to the interstate, making commuting and getting around a breeze. Add this versatile property to your investment strategy and start building toward your real estate goals!

5636 & 5638 NE 3rd Street, Des Moines

Listing courtesy of Lacie Sibley with Boutique Real Estate

$545,000

This is a great opportunity to own one of downtown Ottumwa's nicest buildings. With a recent full restoration this property offers a large open commercial main level. It includes large storefront windows for advertising, exposed brick walls throughout, refinished hardwood floors, new kitchenette area, men's and women's restrooms. It has a traditional meets modern look that is sure to enhance any business. For additional income, there are three remodeled apartments upstairs. One 2 bed 1 bath, and Two 1 bed 1 bath. Most recent rents are $1224, $949, and $1205 - utilities are on the tenants. This property cash flows well, and financials are available to pre-qualified buyers or those with proof of funds and that sign a non-disclosure. Call for more information or to schedule your showing.

6342308 MLS

This is a great opportunity to own one of downtown Ottumwa's nicest buildings. With a recent full restoration this property offers a large open commercial main level. It includes large storefront windows for advertising, exposed brick walls throughout, refinished hardwood floors, new kitchenette area, men's and women's restrooms. It has a traditional meets modern look that is sure to enhance any business. For additional income, there are three remodeled apartments upstairs. One 2 bed 1 bath, and Two 1 bed 1 bath. Most recent rents are $1224, $949, and $1205 - utilities are on the tenants. This property cash flows well, and financials are available to pre-qualified buyers or those with proof of funds and that sign a non-disclosure. Call for more information or to schedule your showing.

325 E Main St, Ottumwa

Listing courtesy of with RE/MAX Pride Oskaloosa

$110,000

6342297 MLS

508 N Iowa Ave, Washington

Listing courtesy of with Century 21 Trinity

$289,000

Excellent investment opportunity to acquire this rare multi-family residential and commercial triplex perfectly situated in a popular arterial commercial district. With separate gas and electric meters to keep overhead low, this property offers options to maximum returns. The property includes abundant front parking space, a highly coveted feature that comfortably accommodates multiple vehicles and provides easy, hassle-free access for commercial clients. Unit 1 (residential) provides a sprawling, rare 4-bedroom layout featuring 1 full bath, a 3/4 ensuite bath, and an additional half bath—ideal as a premium rental or spacious owner's quarters. Unit 2 (Residential) is an efficient 2-bedroom, 1-bathroom layout with lots of natural light. Unit 3 (Flexible/Commercial Space): The ultimate flex option, this space can be utilized immediately as commercial storefront/offices or add a shower and kitchen for comfortable residential living, allowing you to adapt seamlessly to market demand. Each unit has its own private entrance. This home offers a nice sized back yard and is steps away from a vibrant array of local stores, dining, and essential services. The location provides convenience for tenants and maximum accessibility for business operations. Whether you are looking to move in, expand a traditional portfolio, or blend commercial and residential, this versatile property could fit perfectly in your portfolio. To respect tenant privacy, interior photos are available upon request.

6342231 MLS

Excellent investment opportunity to acquire this rare multi-family residential and commercial triplex perfectly situated in a popular arterial commercial district. With separate gas and electric meters to keep overhead low, this property offers options to maximum returns. The property includes abundant front parking space, a highly coveted feature that comfortably accommodates multiple vehicles and provides easy, hassle-free access for commercial clients. Unit 1 (residential) provides a sprawling, rare 4-bedroom layout featuring 1 full bath, a 3/4 ensuite bath, and an additional half bath—ideal as a premium rental or spacious owner's quarters. Unit 2 (Residential) is an efficient 2-bedroom, 1-bathroom layout with lots of natural light. Unit 3 (Flexible/Commercial Space): The ultimate flex option, this space can be utilized immediately as commercial storefront/offices or add a shower and kitchen for comfortable residential living, allowing you to adapt seamlessly to market demand. Each unit has its own private entrance. This home offers a nice sized back yard and is steps away from a vibrant array of local stores, dining, and essential services. The location provides convenience for tenants and maximum accessibility for business operations. Whether you are looking to move in, expand a traditional portfolio, or blend commercial and residential, this versatile property could fit perfectly in your portfolio. To respect tenant privacy, interior photos are available upon request.

1422 1st Ave E, Newton

Listing courtesy of with All In Real Estate Inc

$233,444

100% occupied side by side duplex that has been well maintained. This property has newer vinyl windows throughout and many updates Don’t miss your chance to own an amazing income property.

6342144 MLS

100% occupied side by side duplex that has been well maintained. This property has newer vinyl windows throughout and many updates Don’t miss your chance to own an amazing income property.

1708-1710 Smith St, Burlington

Listing courtesy of with Century 21/Property Professionals

$145,000

Prime commercial opportunity in the heart of Union! This 6,000 sq. ft. commercial building is ideally located on Main Street and situated on approximately .8 acres, with an additional parcel included. The property was previously home to the fully operational Gingersnap Convenience Store, offering buyers the option to continue the existing business or reimagine the space for a supper club, retail concept, or another commercial use. Liquor/Beer license active. 3 phase electric to the pole. 6" concrete floor. With excellent visibility, ample space, and a highly desirable location, this property offers endless possibilities for investors, owner-operators, and entrepreneurs. All tanks are above ground for easier access and removal. Contents inside and outside the property are negotiable & can be removed by seller if needed!

6342035 MLS

Prime commercial opportunity in the heart of Union! This 6,000 sq. ft. commercial building is ideally located on Main Street and situated on approximately .8 acres, with an additional parcel included. The property was previously home to the fully operational Gingersnap Convenience Store, offering buyers the option to continue the existing business or reimagine the space for a supper club, retail concept, or another commercial use. Liquor/Beer license active. 3 phase electric to the pole. 6" concrete floor. With excellent visibility, ample space, and a highly desirable location, this property offers endless possibilities for investors, owner-operators, and entrepreneurs. All tanks are above ground for easier access and removal. Contents inside and outside the property are negotiable & can be removed by seller if needed!

407 Main St, Union

Listing courtesy of with Oakridge Real Estate

$139,900

Welcome to an prime investment opportunity featuring strong occupancy history and extensive recent capital improvements, situated just two blocks from downtown and the hospital. This meticulously maintained duplex can generate up to $19,800.00 in annual gross rents, making it an ideal asset for both seasoned investors and buyers looking to owner occupy. The property consists of two distinct residential units, including a comfortable two bedroom layout as well as a second unit offering two bedrooms plus a versatile bonus room that works perfectly as an office, nursery, or extra living space. Essential updates have already been completed, giving the next owner true peace of mind. Capitalizing on recent high value renovations, the property features a newer roof, siding, and concrete sidewalk. Beyond the main structure, the lot includes a two car detached garage with convenient alley access, providing highly desirable off street parking or extra storage. Prime central location; this asset provides occupancy, reduced near term maintenance expenses. and strong appeal driven by its walkability to major employers, dining, downtown Grinnell and Unity Point Medical Center. Schedule your private showing today to add this income generating property to your portfolio.

6341948 MLS

Welcome to an prime investment opportunity featuring strong occupancy history and extensive recent capital improvements, situated just two blocks from downtown and the hospital. This meticulously maintained duplex can generate up to $19,800.00 in annual gross rents, making it an ideal asset for both seasoned investors and buyers looking to owner occupy. The property consists of two distinct residential units, including a comfortable two bedroom layout as well as a second unit offering two bedrooms plus a versatile bonus room that works perfectly as an office, nursery, or extra living space. Essential updates have already been completed, giving the next owner true peace of mind. Capitalizing on recent high value renovations, the property features a newer roof, siding, and concrete sidewalk. Beyond the main structure, the lot includes a two car detached garage with convenient alley access, providing highly desirable off street parking or extra storage. Prime central location; this asset provides occupancy, reduced near term maintenance expenses. and strong appeal driven by its walkability to major employers, dining, downtown Grinnell and Unity Point Medical Center. Schedule your private showing today to add this income generating property to your portfolio.

929 931 Spring St, Grinnell

Listing courtesy of with RE/MAX Partners Realty, Grinnell

$240,000

Great opportunity to add a duplex to your investment portfolio! This property features two 2-bedroom, 1-bath units, each offering a functional layout with comfortable living space, kitchen/dining area and separate entrances. Interior updates can be seen throughout portions of the property, including LVP-style flooring, updated cabinetry and bathroom finishes. Outside, you'll find off-street parking, a fenced yard and upper deck/lower patio areas providing additional outdoor space for each unit.

4 Beds ⋅ 2 Baths ⋅ 747817 MLS

Great opportunity to add a duplex to your investment portfolio! This property features two 2-bedroom, 1-bath units, each offering a functional layout with comfortable living space, kitchen/dining area and separate entrances. Interior updates can be seen throughout portions of the property, including LVP-style flooring, updated cabinetry and bathroom finishes. Outside, you'll find off-street parking, a fenced yard and upper deck/lower patio areas providing additional outdoor space for each unit.

2024-2026 E Caulder Avenue, Des Moines

Listing courtesy of Pennie Carroll with Pennie Carroll & Associates

$145,200

Country calm meets convenience just 10 minutes from town. These flexible triplex offerings let you choose the layout that fits your life—and to maximize your investment potential. The upper two-unit package includes a 563 sq. ft. studio with soaring oak paneled, cathedral ceilings, full bath, kitchenette, and patio, paired with a bright 1,024 sq. ft. 2-bed/2-bath lower level featuring bamboo floors, laundry, and a sunny porch deck. Exterior updates to siding and patios are underway—keep this in mind when viewing with your agent. Buyers may opt to purchase the entire triplex, or both triplexes together for exceptional investment income potential. Text the listing agent for package deals.

6341917 MLS

Country calm meets convenience just 10 minutes from town. These flexible triplex offerings let you choose the layout that fits your life—and to maximize your investment potential. The upper two-unit package includes a 563 sq. ft. studio with soaring oak paneled, cathedral ceilings, full bath, kitchenette, and patio, paired with a bright 1,024 sq. ft. 2-bed/2-bath lower level featuring bamboo floors, laundry, and a sunny porch deck. Exterior updates to siding and patios are underway—keep this in mind when viewing with your agent. Buyers may opt to purchase the entire triplex, or both triplexes together for exceptional investment income potential. Text the listing agent for package deals.

1705 Ayodhya, Fairfield

Listing courtesy of with Village Realty

$137,940

Country calm meets convenience just 10 minutes from town in a pair of flexible triplex offerings! You choose the layout that fits your life—this one is a duplex, up and down, maximizing your investment potential. Live in the top efficiency studio apt and rent out the lower 2 bed/2bath or rent both out. The upper two-unit package includes a 563 sq. ft. studio with soaring oak paneled, cathedral ceilings, full bath, kitchenette, and patio, paired with a bright 1,024 sq. ft. 2-bed/2-bath lower level featuring bamboo floors, laundry, and a sunny porch deck. Exterior updates to siding and patios starting soon—keep this in mind when viewing with your agent. Buyers may opt to purchase the entire triplex, or both triplexes together for exceptional investment income potential.

6341916 MLS

Country calm meets convenience just 10 minutes from town in a pair of flexible triplex offerings! You choose the layout that fits your life—this one is a duplex, up and down, maximizing your investment potential. Live in the top efficiency studio apt and rent out the lower 2 bed/2bath or rent both out. The upper two-unit package includes a 563 sq. ft. studio with soaring oak paneled, cathedral ceilings, full bath, kitchenette, and patio, paired with a bright 1,024 sq. ft. 2-bed/2-bath lower level featuring bamboo floors, laundry, and a sunny porch deck. Exterior updates to siding and patios starting soon—keep this in mind when viewing with your agent. Buyers may opt to purchase the entire triplex, or both triplexes together for exceptional investment income potential.

1703d Kosola, Fairfield

Listing courtesy of with Village Realty

$225,000

Turnkey duplex in Des Moines' River Bend Historic District generating $2,750/month in combined rental income. The first-floor 4-bedroom, 1-bathroom unit rents for $1,550/month and is month-to-month, while the second-floor 3-bedroom, 1-bathroom unit rents for $1,200/month and is on a 6-month lease. The second-floor unit also received a brand new furnace within the past year. With 2,504 square feet across both units, there's plenty of room to spread out, plus both units have laundry rooms and hook ups as an added tenet benefit. Water is owner-paid, while gas and electric are separately metered and tenant-paid. Average gas and electric costs are approximately $186/month for Unit 1 and $149/month for Unit 2. A 2-car detached garage provides additional storage and potential for extra income, all situated on a 0.2-acre lot in the historic River Bend neighborhood.

6 Beds ⋅ 2 Baths ⋅ 747580 MLS

Turnkey duplex in Des Moines' River Bend Historic District generating $2,750/month in combined rental income. The first-floor 4-bedroom, 1-bathroom unit rents for $1,550/month and is month-to-month, while the second-floor 3-bedroom, 1-bathroom unit rents for $1,200/month and is on a 6-month lease. The second-floor unit also received a brand new furnace within the past year. With 2,504 square feet across both units, there's plenty of room to spread out, plus both units have laundry rooms and hook ups as an added tenet benefit. Water is owner-paid, while gas and electric are separately metered and tenant-paid. Average gas and electric costs are approximately $186/month for Unit 1 and $149/month for Unit 2. A 2-car detached garage provides additional storage and potential for extra income, all situated on a 0.2-acre lot in the historic River Bend neighborhood.

1250 9th Street, Des Moines

Listing courtesy of Darson Grantham with Keller Williams Realty GDM

$395,000

RIVER VIEW QUADPLEX — INVESTMENT OPPORTUNITY WITH STRONG RENTAL HISTORY Exceptional opportunity to own a well-maintained two-story quadplex offering river views, desirable layouts, and excellent rental potential. Each of the four units features 2 bedrooms, 1 full bathroom, 1 half bathroom, a kitchen, and a comfortable living room, providing tenants with functional and appealing living space. Each unit also includes its own screened-in porch overlooking the river, creating a great outdoor space to relax and enjoy the scenic setting. In addition, every unit has its own individual garage stall, providing valuable off-street parking and additional convenience for tenants. All four units are currently occupied with lease agreements in place through 2026, offering an investor immediate rental income and an established tenant base. With four separate units, individual garage stalls, river views, and long-term leases already in place, this property presents an attractive opportunity for both seasoned investors and those looking to add a solid multi-family property to their portfolio.

6341811 MLS

RIVER VIEW QUADPLEX — INVESTMENT OPPORTUNITY WITH STRONG RENTAL HISTORY Exceptional opportunity to own a well-maintained two-story quadplex offering river views, desirable layouts, and excellent rental potential. Each of the four units features 2 bedrooms, 1 full bathroom, 1 half bathroom, a kitchen, and a comfortable living room, providing tenants with functional and appealing living space. Each unit also includes its own screened-in porch overlooking the river, creating a great outdoor space to relax and enjoy the scenic setting. In addition, every unit has its own individual garage stall, providing valuable off-street parking and additional convenience for tenants. All four units are currently occupied with lease agreements in place through 2026, offering an investor immediate rental income and an established tenant base. With four separate units, individual garage stalls, river views, and long-term leases already in place, this property presents an attractive opportunity for both seasoned investors and those looking to add a solid multi-family property to their portfolio.

503 N 3rd St, Keokuk

Listing courtesy of with Vandenberg Real Estate

$260,000

Come check out this great up-down duplex opportunity near the Highland Park neighborhood! Whether you're looking to add a cash-flowing property to your portfolio or explore the possibilities of house hacking, this property offers plenty of potential. The upper unit features 2 bedrooms, 1 bathroom, an apartment-style layout, and its own private driveway. The lower unit offers 3 bedrooms, 1 bathroom, an additional non-conforming room in the basement, and a partially finished lower level. This unit also features its own private driveway, a 2-car detached garage, and a private fenced backyard. Recent improvements include a new roof, new gutters, and a radon mitigation system already in place, giving the next owner some valuable updates from day one. Don't miss the opportunity to acquire a property with the potential to generate cash flow while offering separate spaces and amenities for each unit. Book your showing today!

5 Beds ⋅ 2 Baths ⋅ 747359 MLS

Come check out this great up-down duplex opportunity near the Highland Park neighborhood! Whether you're looking to add a cash-flowing property to your portfolio or explore the possibilities of house hacking, this property offers plenty of potential. The upper unit features 2 bedrooms, 1 bathroom, an apartment-style layout, and its own private driveway. The lower unit offers 3 bedrooms, 1 bathroom, an additional non-conforming room in the basement, and a partially finished lower level. This unit also features its own private driveway, a 2-car detached garage, and a private fenced backyard. Recent improvements include a new roof, new gutters, and a radon mitigation system already in place, giving the next owner some valuable updates from day one. Don't miss the opportunity to acquire a property with the potential to generate cash flow while offering separate spaces and amenities for each unit. Book your showing today!

4004 Cornell Street, Des Moines

Listing courtesy of Bexaida Dominguez with Keller Williams Realty GDM

$349,000

Move-in ready and full of potential! This well-maintained condo/duplex, built in 2002, offers numerous updates throughout and a great, thoughtfully designed layout that makes the most of every square foot. Each unit features 2 bedrooms, 2 bathrooms, over 1,030 square feet of finished living space, and convenient main-level laundry, creating comfortable and functional one-level living. Each unit also includes an unfinished basement, providing plenty of additional storage space and future possibilities. Both units feature their own screened-in porch, the perfect place to relax, unwind, and enjoy views of the oversized yard. Situated on a desirable corner lot, the property offers an extra-large backyard with plenty of space to enjoy the outdoors. Conveniently located within walking distance of local parks and downtown Mount Pleasant, this property combines a great layout, comfortable living spaces, outdoor enjoyment, and an excellent location. Whether you're looking to add to your investment portfolio or explore other ownership possibilities, this move-in-ready property is one you won't want to miss!

6341571 MLS

Move-in ready and full of potential! This well-maintained condo/duplex, built in 2002, offers numerous updates throughout and a great, thoughtfully designed layout that makes the most of every square foot. Each unit features 2 bedrooms, 2 bathrooms, over 1,030 square feet of finished living space, and convenient main-level laundry, creating comfortable and functional one-level living. Each unit also includes an unfinished basement, providing plenty of additional storage space and future possibilities. Both units feature their own screened-in porch, the perfect place to relax, unwind, and enjoy views of the oversized yard. Situated on a desirable corner lot, the property offers an extra-large backyard with plenty of space to enjoy the outdoors. Conveniently located within walking distance of local parks and downtown Mount Pleasant, this property combines a great layout, comfortable living spaces, outdoor enjoyment, and an excellent location. Whether you're looking to add to your investment portfolio or explore other ownership possibilities, this move-in-ready property is one you won't want to miss!

201 N Jay St, Mount Pleasant

Listing courtesy of with Cottage Realty

$284,900

Four-Unit Multifamily Investment Opportunity This one-of-a-kind four-family conversion offers an excellent opportunity for investors looking for an established rental property with strong income potential. Thoughtfully converted into four separate units, the property offers a functional layout and a unique investment opportunity. Each of the four units features 2 bedrooms and 1 bathroom, with shared laundry conveniently located in the common area. All four units are occupied and current monthly rents: - Unit A: $1,065/month - Unit B: $1,025/month - Unit C: $1,225/month - Unit D: $850/month Landlord currently pays the utilities. Recent exterior improvements include a new metal roof and gutters on the north portion of the building in 2024 and new vinyl siding installed in 2022. The property also includes a small garage and outdoor garden shed, adding valuable storage and functionality. With four well managed income-producing units, recent exterior updates, and a unique conversion that offers plenty of character, this property presents an excellent opportunity for both seasoned investors and those looking to expand their rental portfolio. This property is owned by the Listing Agent.

7 Baths ⋅ 6341562 MLS

Four-Unit Multifamily Investment Opportunity This one-of-a-kind four-family conversion offers an excellent opportunity for investors looking for an established rental property with strong income potential. Thoughtfully converted into four separate units, the property offers a functional layout and a unique investment opportunity. Each of the four units features 2 bedrooms and 1 bathroom, with shared laundry conveniently located in the common area. All four units are occupied and current monthly rents: - Unit A: $1,065/month - Unit B: $1,025/month - Unit C: $1,225/month - Unit D: $850/month Landlord currently pays the utilities. Recent exterior improvements include a new metal roof and gutters on the north portion of the building in 2024 and new vinyl siding installed in 2022. The property also includes a small garage and outdoor garden shed, adding valuable storage and functionality. With four well managed income-producing units, recent exterior updates, and a unique conversion that offers plenty of character, this property presents an excellent opportunity for both seasoned investors and those looking to expand their rental portfolio. This property is owned by the Listing Agent.

206 E Hempstead Ave, Fairfield

Listing courtesy of with Mossy Oak Properties Boley Real Estate

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