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321 3rd St Nw, Mason City
$135,000
6338410 MLS
CASH FLOW WITH CHARACTER! This 4 plex brings together timeless details, functional living spaces, & the kind of income potential investors are always searching for. Each one-bedroom unit offers a comfortable layout with hardwood floor accents that add a touch of personality. Upper-level tenants enjoy private decks perfect for winding down at the end of the day, while the main-level units feature patios that extend the living space outdoors. A detached 3-stall garage provides added value with extra parking, storage, or rental opportunities. The property offers flexibility for seasoned investors looking to expand their portfolio or for someone ready to step into multi-family ownership with a strong foundation already in place. Opportunities like this don’t come around often with four income-producing units under one roof and room to build long-term equity. Add this one to your portfolio before someone else does! Smart investment, solid potential ahead today! *48-hour notice for showings*

321 3rd St Nw, Mason City

Listing courtesy of with Jane Fischer & Associates LLC

134 S Cooper Ave, Ottumwa
$55,000
6337987 MLS
Excellent investment opportunity with this well-maintained duplex offering strong rental income potential. Each unit features 2 bedrooms and 1 full bath, providing comfortable and functional living spaces for tenants. The upper-level unit has been updated with new electrical and a newer furnace, adding value and peace of mind. Both units share water service, and the property also includes newer vinyl siding for low-maintenance exterior appeal. A one-car garage adds convenience, while the shared backyard offers a manageable outdoor space for occupants to enjoy. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this property presents a versatile and attractive opportunity.

134 S Cooper Ave, Ottumwa

Listing courtesy of with Bridge City Realty

1147 36th Street, Des Moines
$319,900
5 Beds ⋅ 4 Baths ⋅ 739689 MLS
Step into something special at 1147 36th St. in Des Moines’ vibrant Drake Neighborhood. This American Foursquare-style home offers 5 bedrooms, 3.5 bathrooms, and over 2,600 square feet of finished space across four levels, blending original character, flexible living options, and incredible potential. The main floor features a welcoming foyer, spacious living room, dining area, eat-in kitchen, main-level bedroom, half bath, and laundry. Upstairs, you’ll find three spacious bedrooms, including a primary suite with ensuite bath and large walk-in closet. The finished attic adds even more usable space and could serve as a potential 6th bedroom, home office, playroom, art studio, den, or retreat. The basement has its own private entrance and offers possibilities as an in-law suite, guest quarters, or potential 1-bedroom rental setup with living space, full bath, galley kitchen, and laundry. Previously used as a vacation rental and once home to a long-running small business, this Drake-area property offers rare flexibility. Outside, enjoy a fenced backyard, garden potential, front and rear off-street parking, and possible future garage space. Eligible for both Neighborhood Finance Corporation and Invest DSM program funds, this home adds opportunity for qualified buyers. Near Drake University, shops, restaurants, services, and interstate access, 1147 36th St. is character-filled and ready for its next chapter.

1147 36th Street, Des Moines

Listing courtesy of Ryan Rohlf with Keller Williams Legacy Group

208 S 14th St, Keokuk
$19,900
6337787 MLS
Great investment opportunity with strong upside potential! This side-by-side duplex offers the perfect blend of immediate income potential and value-add opportunity. Each unit has a kitchen, living room, & dining room on the main level, and 2 bedrooms & 1 bathroom upstairs. One unit is nearly rent-ready and just needs a little TLC to get it marketable, making it ideal for generating cash flow quickly. The second unit has already been partially rehabbed, giving you a head start on renovations—simply finish it out to maximize rental income or resale value. With solid bones and major improvements already underway, this duplex is primed for someone ready to bring it across the finish line. Don’t miss your chance to turn this property into a profitable asset!

208 S 14th St, Keokuk

Listing courtesy of with Weichert Realtors-The Massimo Group

900 Morton Avenue, Des Moines
$250,000
5 Beds ⋅ 739687 MLS
Great opportunity to own a fully updated 3-unit property featuring a duplex plus a separate single-family home—ideal for investors or owner-occupants looking to house hack. The property includes two 2-bedroom units and one 1-bedroom unit, offering a strong unit mix with great rental appeal. All units have been extensively updated, including kitchens, bathrooms, flooring, paint, siding, and roof—making this a truly turnkey investment. Live in one unit while the others help offset your mortgage, or add a solid, income-producing property to your portfolio. A current rental certificate is already in place, so you can start generating income right away. Don’t miss this opportunity to own a versatile, updated multi-family property with excellent cash-flow potential!

900 Morton Avenue, Des Moines

Listing courtesy of Pennie Carroll with Pennie Carroll & Associates

614 N Lincoln Unit 101, Mount Pleasant
$239,900
2 Beds ⋅ 2 Baths ⋅ 6337142 MLS
Built in 2017, this home offers timeless curb appeal and the ease of zero-entry access. With over 1,400 square feet of well-designed living space, it’s an excellent option for both homeowners and investors seeking income potential. Inside, you’ll find an open-concept layout where the living room flows effortlessly into the dining area and a cozy eat-at bar, perfect for everyday living and entertaining. The updated kitchen features plenty of cabinetry and sleek stainless steel appliances. The spacious primary suite includes a walk-in closet and a private en-suite bath. With two bedrooms and two bathrooms, the home provides comfortable, functional living space throughout. Additional highlights include an attached two-car garage and a back patio ideal for relaxing or hosting guests. Conveniently located within walking distance of the Mapleleaf Athletic Complex and pickleball courts, this property offers comfort and location. Schedule your private showing today!

614 N Lincoln Unit 101, Mount Pleasant

Listing courtesy of with Cottage Realty

920 High St, Grinnell
$334,900
6334718 MLS
Discover this beautifully renovated multi-unit rental featuring a total of five apartments—perfect for students or young professionals seeking a convenient and comfortable living arrangement. The property includes two separate two-bedroom apartments and three one-bedroom apartments, all thoughtfully updated with fresh paint, modern flooring. Each unit offers ample space and privacy, making it an ideal college rental or investment property. The detached two-stall garage provides secure parking and additional storage, while recent upgrades include a new roof, gutters and downspouts extended underground to ensure durability and protection from the elements. The new cement sidewalks around the house and a brand-new deck enhance curb appeal and outdoor enjoyment. Located just minutes from Grinnell College and downtown Grinnell, this property combines convenience with comfort. Whether you're an investor looking for a steady rental income or a student seeking a nearby home, this turnkey property is ready for its new occupants. Don’t miss this opportunity to own a well-maintained, updated multi-family residence in a prime location! 100% occupied until Spring of 2027. Contact your agent for more details.

920 High St, Grinnell

Listing courtesy of with Century 21 Signature Real Estate

4781 172nd Street, Urbandale
$286,990
4 Beds ⋅ 3 Baths ⋅ 732417 MLS
Welcome home to the Emerson in Mallard Prairie Twinhomes - a two-story duplex offering 1,767 sq. ft. of thoughtfully designed living space with 4 bedrooms and 2.5 baths. Perfect for a variety of lifestyles, the main level showcases an open-concept layout with a spacious living room, cozy electric fireplace, and large windows for natural light. The kitchen flows seamlessly into the dining area and includes white cabinetry, stainless steel appliances, a walk-in pantry, and a large center island. A guest bathroom, coat closet, and access to the attached 2-car garage complete the main floor. Upstairs, the private primary suite sits at the rear of the home and features a walk-in shower, dual sinks, and a walk-in closet. Two secondary bedrooms and a full bath are located at the front, along with a centrally placed laundry room. Contact us today to schedule a personal tour! Photos similar to.

4781 172nd Street, Urbandale

Listing courtesy of Kathryn Greer with DRH Realty of Iowa, LLC

708 & 710 Independence Street, Pella
$550,000
4 Beds ⋅ 4 Baths ⋅ 726149 MLS
AMAZING NEW PRICE ~ Well Built Duplex in a Prime Pella Location! This duplex offers an excellent opportunity for Homeowners or Investors alike. The 708 side: features approximately 2600 square feet of finished space; 2+ bedrooms, 1 3/4 bath, single attached garage with nice open kitchen, and great living spaces along with storage areas! The 710 side: features approximately 1700 square feet of finished space; 2 bedrooms, 1 3/4 baths, single attached garage with great living spaces; and great storage. The inviting front porches welcome you to both units, while the maintenance free deck off the back provides the perfect spot to relax or entertain in the spacious backyard! The backyard off the alley features a 2 stall detached garage; for added parking, hobbies and / or storage! Built with quality and care, this property stands out for solid construction and thoughtful design. The fantastic location puts you near great amenities: shopping, restaurants, grocery options, close to the college, and so much more that the City of Pella has to offer! Whether you're looking for an income-producing property, a home with space for extended guests, or a combination of both, this duplex is a smart choice!

708 & 710 Independence Street, Pella

Listing courtesy of Sarah Buchheit with Pella Real Estate Services

508 W Market St, Steamboat Rock
$219,900
6330971 MLS
Seize a remarkable opportunity offering over 9900 square feet of space and two garages. This dynamic venue may continue as a bar or the new owner may establish their own enterprise without operating the existing business. All interior items are negotiable and may be removed prior to sale if the buyer so desires. The property features a bar and spacious game room that draws regular visitors and keeps the atmosphere lively. The event center room provides an excellent space for private parties, corporate events, and live entertainment, further enhancing your profit potential. Two generous storage rooms with garage doors offer ample space for inventory and equipment. At the same time, the potential for a complete kitchen behind the bar opens the door to food service opportunities. Additionally, the Golf Simulator Room (Pro-Series widescreen, RARE $85,000+ value) presents an exciting extra income stream—perfect for hosting tournaments or renting out to enthusiasts. With regular events such as live bands and food truck nights, this venue will attract a diverse crowd and keep the customers coming back. Located on the west side of the bar, an entire apartment or adaptable office spaces provide the option for additional rental income or convenient living quarters for the owner/operator. The exterior hosts a large beer garden & outdoor patio, rear entrance, and private garage parking. BUSINESS IS NOT REQUIRED IN PURCHASE, BUT IS INCLUDED AT CURRENT PRICE.

508 W Market St, Steamboat Rock

Listing courtesy of with Oakridge Real Estate

1132 Main St, Grinnell
$349,900
6329839 MLS
Discover this spacious and beautifully renovated four-square home, ideally located just a short walk from Grinnell College and downtown Grinnell. Perfect for students, faculty, or investors, this property offers a versatile living experience with four fully updated apartments. Historic Four-Square with spacious rooms, high ceilings, and timeless charm. Four Renovated Apartments each unit has been thoughtfully updated with newer finishes, offering comfortable and stylish living spaces. Recent upgrades include new plumbing, electrical systems, new paint throughout, updated bathrooms, ensuring reliability and efficiency. On-Site Laundry: Convenient laundry facilities available for tenants, adding to the property's appeal and convenience. Prime Location: Walkable to Grinnell College, downtown shops, dining, and entertainment, providing easy access to all amenities. Investment Opportunity: Ideal for rental income with multiple units, or as a spacious owner-occupied residence with rental income from additional units. This property combines historic character with modern updates, making it a fantastic opportunity for investors or those seeking a convenient, comfortable home near campus and downtown Grinnell.

1132 Main St, Grinnell

Listing courtesy of with Century 21 Signature Real Estate

2513 E 50th Court, Des Moines
$309,990
3 Beds ⋅ 3 Baths ⋅ 685769 MLS
*MODEL HOME- NOT FOR SALE* Welcome to the Jack in Ruby Rose - a ranch-style twinhome featuring 3 bedrooms, 3 bathrooms, and 1,899 sq. ft. of finished living space including a finished basement. Step inside to find a bright layout with a front secondary bedroom and full bath—ideal for guests or a home office. The open-concept kitchen shines with white cabinetry, stainless steel appliances, and a large island. The kitchen flows into the dining area and great room, complete with an electric fireplace and large windows. At the rear, the primary suite offers privacy with a walk-in closet, dual vanity, and walk-in shower. Downstairs, enjoy a spacious rec room, a third bedroom, and third full bath. Visit today and see why the Jack is built for the way you live! Photos similar to.

2513 E 50th Court, Des Moines

Listing courtesy of Kathryn Greer with DRH Realty of Iowa, LLC

4735 172nd Street, Urbandale
$291,990
4 Beds ⋅ 3 Baths ⋅ 685226 MLS
Welcome home to the Emerson in Mallard Prairie Twinhomes - a two-story duplex offering 1,767 sq. ft. of thoughtfully designed living space with 4 bedrooms and 2.5 baths. Perfect for a variety of lifestyles, the main level showcases an open-concept layout with a spacious living room, cozy electric fireplace, and large windows for natural light. The kitchen flows seamlessly into the dining area and includes white cabinetry, stainless steel appliances, a walk-in pantry, and a large center island. A guest bathroom, coat closet, and access to the attached 2-car garage complete the main floor. Upstairs, the private primary suite sits at the rear of the home and features a walk-in shower, dual sinks, and a walk-in closet. Two secondary bedrooms and a full bath are located at the front, along with a centrally placed laundry room. Contact us today to schedule a personal tour! Photos similar to.

4735 172nd Street, Urbandale

Listing courtesy of Kathryn Greer with DRH Realty of Iowa, LLC

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