Carbon, IA Multi Residential Properties

Carbon, IA Multi Residential Properties for Sale

$109,900
6340028 MLS
Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers an excellent opportunity! With tenants already in place, this property provides immediate rental income from day one. The building features three units, including two main-level apartments—an efficiency unit and a one-bedroom unit—and a spacious two-bedroom apartment on the upper level. A new boiler installed in 2025 adds peace of mind for future ownership. Situated on a generous 0.48-acre lot, tenants can enjoy plenty of outdoor space, and the detached double garage offers additional storage or the potential for future rental income, as it has not previously been utilized by tenants. All utilities are currently included in the rent, making this a turnkey investment with room for future value-add opportunities. Don't miss your chance to start—or grow—your real estate portfolio with this solid income-producing property!

403 S 4th Ave E, Lake Mills

Listing courtesy of Realty ONE Group Black Diamond.

$310,000
4 Beds ⋅ 2 Baths ⋅ 744326 MLS
Excellent DUPLEX investment opportunity in the heart of Windsor Heights! Nestled on a quiet, tree-lined street, this ranch-style duplex offers two 2-bedroom, 1-bath units. Each unit features a living room with a cozy fireplace, functional kitchen with oak cabinetry, laminate countertops, and white appliances, plus a full basement for additional storage. Unit 6409 offers an unfinished lower level, while 6411 includes a partially finished lower level with a carpeted family room. The property also features low-maintenance vinyl siding, a newer roof (2020), a shared 2-car detached garage, and additional surface parking. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex presents a fantastic opportunity.

6409 & 6411 Forest Court, Windsor Heights

Listing courtesy of Keller Williams Realty GDM.

$189,000
6339897 MLS
Looking for an investment property that can cash flow immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,200 (Main level - 1 BR $600, 1 BR $700, Upper level - 3 BR $900). Tenants pay for their own utilities. The owner pays for mowing and snow removal. Parts of all three units have been updated within last 24 months with most notably updates to main floor kitchen ('26), upstairs shower, kitchen floor and paint ('26), new windows and renovated third bedroom in upper unit offering more living space. Each unit has a full bath, kitchen with owner-owned appliances, its own electric meter, HVAC system and laundry hookups. The building is well maintained with vinyl siding, metal roof, most of the windows have been replaced, circuit breaker panels, and HVAC systems. Profit/Loss provided upon request.

415 E Main St, Montezuma

Listing courtesy of AE Realty, Inc.

$295,000
6 Beds ⋅ 2 Baths ⋅ 744198 MLS
Investor package 18 units/9 buildings- Nevada, Roland, Baxter 48 hour showing request. Proof of funds required. These properties provide spacious living areas, comfortable bedroom sizes, and practical everyday living with strong appeal for both occupants and rental use. Whether you are looking to expand your portfolio, live in one side and rent the other, or add a low-maintenance property to your investment plans, these duplexes offer flexibility to fit a variety of goals. Convenient community settings with easy access to nearby amenities make these an excellent opportunity for both immediate use and long-term ownership. *inside photos are similar to all units. Each unit is a little different All information obtained from seller and public records.

102 E Walnut Street, Roland

Listing courtesy of RE/MAX Precision.

$504,000
4 Beds ⋅ 2 Baths ⋅ 743899 MLS
Whether you're an investor chasing yield or an owner looking to house hack your way into real estate, 2407 Petsel Place checks every box. This fully remodeled two-story duplex delivers a great cap rate with two income streams built in — a short-term rental upstairs and a long-term tenant downstairs — both units freshly updated in 2025 and ready to cash flow from day one. Location does the heavy lifting here. Situated less than 2 miles from the University of Iowa, UI Hospitals & Clinics, and Kinnick Stadium, this property sits in one of Iowa's most consistent rental corridors — low vacancy, steady demand, and a tenant pool that never dries up. Add a grocery store nearby and direct access to the Iowa City bus line, and you have a property that practically rents itself. Live downstairs, collect rent upstairs — or add it to your portfolio as a standalone acquisition or part of a larger Iowa City package that is currently available.

2407 Petsel Place, Iowa City

Listing courtesy of Realty ONE Group Impact.

$325,000
4 Beds ⋅ 2 Baths ⋅ 743762 MLS
Excellent investment opportunity in the heart of Windsor Heights! Newly remodeled duplex features two units, each offering 2 bedrooms and 1 full bathroom with comfortable living spaces and functional floor plans. A shared 2-car garage provides convenient off-street parking and additional storage. Located near shopping, dining, parks, and major commuter routes, this property is ideal for investors looking to add to their portfolio or owner-occupants seeking rental income potential. Whether you’re a seasoned investor or just getting started, this duplex presents an excellent opportunity for long-term cash flow and appreciation. Don't miss this opportunity to own a solid income-producing property in a desirable location. Can be purchased alone or as part of larger investment portfolio.

1910 63rd Street, Windsor Heights

Listing courtesy of Realty ONE Group Impact.

$169,000
6339662 MLS
Great investment opportunity in this spacious 3-unit property with classic two-story curb appeal, a covered front porch, hardwood floors, original wood trim, large windows, and generous interior living spaces. The two upstairs 1 bedroom/1 bath apartments are currently occupied and rent for $600/month each. The main-level apartment is available to rent or owner-occupy, offering 2 bedrooms, both with en-suite baths, plus large living/dining areas and access to a carport and shared backyard. Utilities are separately metered for each unit and billed individually.

402 W Hempstead Ave, Fairfield

Listing courtesy of Village Realty.

$215,000
4 Beds ⋅ 3 Baths ⋅ 743780 MLS
Looking to house hack? Need space for a multigenerational family? Ready to add another investment property to your portfolio? This versatile brick duplex in the highly sought-after Lower Beaver neighborhood is the opportunity you've been waiting for. Featuring two separately metered units, each with its own furnace, central air conditioning unit, hot water heater, and laundry machines, this property offers flexibility for owner-occupants and investors alike. One unit features 2 bedrooms and 1 bathroom, while the second unit offers 2 bedrooms, 2 bathrooms, and a non-conforming flex room perfect for a home office, workout room, guest space, hobby room, or additional storage. A unique metal spiral staircase leads to the lower level, creating additional living space and character throughout the home. Additional features include front and rear vestibules, a two-car tuck-under garage, and a fully fenced backyard. Located in a quiet, established neighborhood, this duplex offers privacy while remaining conveniently close to shopping, dining, parks, and schools. Both units are currently vacant, providing immediate opportunities for owner occupancy, rental income, or multigenerational living. Set your own rents and maximize the property's potential from day one. All information obtained from seller and public records.

2806 Aurora Avenue, Des Moines

Listing courtesy of RE/MAX Precision.

$270,000
4 Beds ⋅ 2 Baths ⋅ 743681 MLS
Excellent cash-flowing addition to your portfolio in the quiet Indianola Hills neighborhood, just 8 minutes from Downtown Des Moines. Each unit is configured with 2 beds, 1 bath, separate utility meters, and a private, unfinished basement with washer/dryer hookups. Meticulously maintained with recent updates including a newer roof, newer windows, and highly efficient HVAC system

3310 SE 5th Street, Des Moines

Listing courtesy of Keller Williams Realty GDM.

$170,900
4 Beds ⋅ 2 Baths ⋅ 742845 MLS
CALLING ALL INVESTORS THAT WANT TO EXPAND THEIR RENTAL PORTFOLIO! This duplex is being sold additionally to the single family home next door. All three properties are rented and the tenants would be happy to stay. Each unit offers 2 bedrooms, 1 bath, all appliances and their own storage shed. Great location and opportunity!

118 W 11th Street N, Newton

Listing courtesy of Realty ONE Group Impact.

$120,000
6 Beds ⋅ 3 Baths ⋅ 11824647 MLS
The house offers 3 separate apartments - all with separate meters and fully occupied with some long term renters in place. Rents bring in $1400/mo with tenants responsible for all of their utilities. Owner pays for insurance, taxes and lawn/snow removal. A new roof was put on in 2019 - a big capitol improvement you won't have to worry about for many years to come. And, the steel siding makes that maintenance free, too. Lots of off-street parking provided which is a plus for renters and each have their own separate entrance. Kitchen appliances are also included along with window AC units. Owners also have a 4-plex apartment unit available in Audubon.

1006 Main St, Anita

Listing courtesy of .

$89,900
6339264 MLS
Retail business site in the heart of uptown, business with 4 apartments upstairs. Full basement also used for retail. 2 toilet rooms on main floor. Upstairs apartments have 3 fixture baths, kitchenettes, living room/dining room and separate bedrooms. All appliances included. Upstairs does not have central air. Expenses are estimates only. 3 apartments rented for $1300 per month and storefront $500 per month. Landlord pays gas and water.

210 W Montgomery St, Creston

Listing courtesy of R Realty.

$195,000
3 Beds ⋅ 2 Baths ⋅ 742820 MLS
Calling All Investors! This duplex is a fantastic opportunity to start your rental portfolio or add two income-producing doors to your existing investments. Conveniently located near a bus line with a short commute to downtown, the property is also close to MacRae Park and Lincoln High School. The main-level unit features two bedrooms, one bath, a full kitchen, and additional storage space in the lower level. This unit also enjoys access to a detached two-car garage. Upstairs, the cozy and efficient one-bedroom unit offers comfortable living with a practical layout. All appliances are included in both units, making the transition easy for the next owner. Major updates provide peace of mind, including low-maintenance siding, a new roof (2025), and new HVAC system (2025), creating a near turnkey investment opportunity. The property has a history of long-term tenants who are currently in good standing. Lovingly maintained by the same family for many years, this income-producing property is ready for its next chapter. Whether you're a first-time investor or looking to expand your portfolio, this is an opportunity you won't want to miss!

1019/1021 Kirkwood Avenue, Des Moines

Listing courtesy of Pennie Carroll & Associates.

$675,000
6339231 MLS
The Budget Inn 34-unit motel, conveniently located just off Exit 75 of Interstate 80, is perfectly positioned in a high-traffic area that benefits from significant visibility and accessibility. The surrounding environment is vibrant, filled with various businesses, restaurants, and services that cater to travelers and locals alike, making it an ideal spot for a motel. ### Key Features - **Well-Maintained Property**: The motel is in excellent condition, showcasing a commitment to upkeep and cleanliness. Each unit is designed for comfort, equipped with essential amenities to ensure a pleasant stay for guests. - **Operational Ready**: The sale includes all necessary furnishings, equipment, and systems to run the motel efficiently. This means new owners can step in without the need for major investments or renovations. - **Growth Potential**: With its strategic location and the surrounding business activity, there is substantial potential for growth. Opportunities may include: - **Enhanced Marketing**: Targeting business travelers, tourists, and local events. - **Partnerships**: Collaborating with nearby businesses for referral programs or package deals. No guarantee contained information is completely accurate. Any potential buyer should verify the information contained in this description ..

100 5th St, Adair

Listing courtesy of Thomas Realty.

$232,000
4 Beds ⋅ 2 Baths ⋅ 742480 MLS
Nice investment property; live in one unit and rent the other unit . This Duplex has two nicely sized bedrooms in each unit and is in a great area with over 900 sq. ft. of finished area in each.

2030-2032 E Caulder Avenue, Des Moines

Listing courtesy of RE/MAX Concepts.

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Carbon, Iowa Multi Residential Properties

Dreaming of owning a multi-residential property in a charming, close-knit community? Carbon, Iowa offers a unique opportunity to invest in multi residential properties for sale. Imagine owning an apartment building or duplex in a town known for its friendly atmosphere and slower pace of life. Explore the possibilities of building your real estate portfolio in a peaceful setting, becoming a part of the Carbon community.

Discover the available multi residential properties for sale in Carbon and unlock the potential for rental income and long-term investment. Whether you're a seasoned investor or new to the real estate market, Carbon offers a welcoming environment and a chance to own property in a town with small-town charm and access to the surrounding natural beauty. Let us help you find the perfect investment opportunity in Carbon, Iowa.

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