Conway, IA Multi Residential Properties

Conway, IA Multi Residential Properties for Sale

$59,900
6341614 MLS
Great opportunity to own a two-story, three-unit property with multiple income-producing spaces and plenty of potential. The first floor features an efficiency apartment as well as a separate two-bedroom unit, each with its own living space and access. The second floor offers an additional one-bedroom apartment. All three units share a common entry accessible from the front porch. The property also includes a shared driveway and a detached garage, providing additional storage or potential rental income. With three separate units and multiple income opportunities, this property offers a solid foundation for an investor looking to add value and increase cash flow. The property is ready for updates and improvements and is being offered as-is. Bring your vision and turn this property into a strong income-producing investment.

1225 Agency St, Burlington

Listing courtesy of with Century 21/Property Professionals
$359,000
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
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
$100,000
6341484 MLS
Discover a promising investment opportunity with this charming triplex, offering a blend of income potential and room for improvement. Located in a nice neighborhood, the property features two currently rented units that generate consistent income. The third unit is vacant and presents a fantastic chance for customization, appealing to both investors and potential tenants who appreciate a personal touch. While the property could benefit from some tender loving care, its classic architecture and spacious layout offer ample possibilities to enhance its value. This triplex is perfect for those eager to capitalize on its income.

310 S Taft St, Humboldt

Listing courtesy of with Smith Real Estate
$119,900
6341478 MLS
Discover a unique investment opportunity with this charming duplex located in the heart of Humboldt, Iowa. Ideal for those looking to generate income, this property features two separate units, each with its own entrance, providing privacy and convenience for tenants. Situated in a friendly neighborhood close to local amenities, parks, and schools, the property promises potential for increased value with some updates and renovations. Whether you're an experienced investor or a first-time buyer, this duplex is a promising option for anyone looking to grow their real estate portfolio in a welcoming community.

808 N 3rd Ave, Humboldt

Listing courtesy of with Smith Real Estate
$29,900
6341424 MLS
Presenting this duplex as an investment opportunity OR a home for the extended family! This property is a side by side duplex. Each side is approximately 2500 sq ft and features: living room, formal dining room, sitting room, foyer, kitchen, bathrooms on both floors, and 4 bedrooms on each second floor. Beautiful woodwork, original hardwood floors, updated electric panel on one side and newer furnaces on both sides. Take a look today! Being sold as-is.

707 Franklin, Keokuk

Listing courtesy of with Ruhl & Ruhl, REALTORS
$165,000
6341362 MLS
3 unit commercial building offering a 2 bedroom apartment on the upper level currently occupied for $700 a month and the main level has a studio apartment ready for updates as a well as a commercial space with 2 office areas and kitchenette. Utilities are split out and the owner retains the garage space.

402 Richmond St, Ottumwa

Listing courtesy of with Lynch Realty Inc
$275,000
6 Beds ⋅ 2 Baths ⋅ 746894 MLS
Ready to start or expand your real estate investment portfolio? Look at this rare opportunity in the coveted Drake neighborhood. Well maintained with updated rental certificate, 2 unit with private assigned parking for 5. Each unit has updated flooring, cabinetry, appliances and in unit laundry. Unit 1 is a 3 bedroom with a fabulous kitchen space and loads of charm. Unit two is a spacious three bedroom with a large living room. Current market rent for these two units is $2700. Both units are perfect for short or long term rental or owner occupancy. Properties that perform as well as this, with potential for more, do not come to market often in this neighborhood. Schedule a showing today!

2940 Brattleboro Avenue, Des Moines

Listing courtesy of Adam Steger with Realty ONE Group Impact
$164,900
4 Beds ⋅ 2 Baths ⋅ 746739 MLS
2-sty+top-bottom duplex with both units currently occupied with long-term tenants. $1,550 monthly gross income. Unit 1: 2 BR, 1BA rents at $750/mo. Unit 2: 2 BR, 1 BA rents at $800/mo. and has finished attic area of add'l 294sf currently being used as a 3rd BR. Separate meters with tenants paying gas & electric. Owner/landlord pays water, trash, taxes, insurance, misc expenses. New water service line was installed May 2026 from the street to the interior main. Rental certificate is current through October 2028. Property is being sold as-is.

1161 21st Street, Des Moines

Listing courtesy of INGRID L. ROOSE with Iowa Realty Mills Crossing
$249,900
4 Beds ⋅ 2 Baths ⋅ 746355 MLS
THIS PROPERTY TO BE SOLD WITH THE PROPERTY AT 805 E WATROUS. Side by side duplexes for sale on the south side of Des Moines. Both duplexes have 2 units, and each unit has 2 bedrooms and 1 full bathroom. Off street parking is included, with 2 parking spaces available for each unit, and an exterior storage shed is also included with the properties. Each unit has a large living space, an eat-in kitchen, main floor laundry hook-ups, and a back patio area.

4011 SE 8th Street, Des Moines

Listing courtesy of Sara Edstrom with Iowa Realty Mills Crossing
$249,900
4 Beds ⋅ 2 Baths ⋅ 746341 MLS
THIS PROPERTY TO BE SOLD WITH THE PROPERTY AT 4011 SE 8TH ST. Side by side duplexes for sale on the south side of Des Moines. Both duplexes have 2 units, and each unit has 2 bedrooms and 1 full bathroom. Off street parking is included, with 2 parking spaces available for each unit, and an exterior storage shed is also included with the properties. Each unit has a large living space, an eat-in kitchen, main floor laundry hook-ups, and a back patio area.

805 E Watrous Avenue, Des Moines

Listing courtesy of Sara Edstrom with Iowa Realty Mills Crossing
$244,900
4 Beds ⋅ 2 Baths ⋅ 745517 MLS
Currently rented with long-term tenants of 5 years. Total gross rents currently $2090. Can provide occupied photos upon request.

4511 SE 3rd Court, Des Moines

Listing courtesy of Chase Gochnauer with Swift Properties LLC
$135,000
6340545 MLS
Welcome to this well-maintained up-and-down duplex offering spacious and comfortable living in both units. Each unit features 2 bedrooms, generous living spaces, functional kitchens with plenty of cabinet storage, and full bathrooms. Large windows fill the home with natural light, creating a bright and inviting atmosphere throughout. A 1-stall attached garage provides convenient parking and additional storage. Whether you're looking for space for extended family, multi-generational living, or simply appreciate the flexibility of a duplex, this property offers a versatile layout in a convenient location close to schools, parks, and everyday amenities. *Property is being sold as a package with six properties total: 511 N Jackson Ave, 242 14th St SE, 402 7th St SE, 119 S Pennsylvania Ave, 323 9th St NE, and 18 Linden Dr*

402 7th St Se, Mason City

Listing courtesy of with Jane Fischer & Associates LLC
$150,000
6340544 MLS
Blending classic character with flexible living space, this side-by-side duplex offers two 2-bedroom, 1-bath units, each with its own distinct layout. Hardwood flooring adds warmth and timeless appeal throughout much of the home, while the enclosed porch provides a welcoming space to enjoy every season. Both kitchens offer generous work areas and connect easily to the dining and living spaces, creating a layout that's easy to enjoy day to day. Step outside to the upper-level deck, a great place to unwind or entertain, overlooking the backyard below. A detached 2-stall garage adds valuable parking and storage, completing a property that offers charm, versatility, and plenty of room to make your own. *Property is being sold as a package with six properties total: 511 N Jackson Ave, 242 14th St SE, 402 7th St SE, 119 S Pennsylvania Ave, 323 9th St NE, and 18 Linden Dr*

18 Linden Dr, Mason City

Listing courtesy of with Jane Fischer & Associates LLC
$165,000
6340543 MLS
Welcome to this side-by-side duplex offering a fantastic investment opportunity or owner-occupant potential! Each unit features a comfortable layout with spacious living areas, functional kitchens with ample cabinetry, and generously sized bedrooms filled with natural light. The property includes a detached 2-stall garage, providing convenient parking and additional storage. With separate entrances and a practical floor plan, this duplex is ideal for generating rental income or multi-generational living. Conveniently located near schools, parks, shopping, and other local amenities, this property offers endless possibilities for investors and homeowners alike. Don't miss your chance to own this versatile income-producing property! *Property is being sold as a package with six properties total: 511 N Jackson Ave, 242 14th St SE, 402 7th St SE, 119 S Pennsylvania Ave, 323 9th St NE, and 18 Linden Dr*

242 14th St Se, Mason City

Listing courtesy of with Jane Fischer & Associates LLC
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Conway, Iowa Multi Residential Properties

Discover the charm of small-town living with multi-residential properties for sale in Conway, Iowa! Imagine owning an investment property or finding the perfect place to house extended family in this welcoming community. Conway offers a peaceful retreat from the hustle and bustle, while still being conveniently located near larger towns and cities. Explore the possibilities of owning multi-family real estate in a town where neighbors know each other and the pace of life is just a little bit slower.

Investing in multi residential properties for sale in Conway, Iowa, is a chance to be part of a close-knit community and contribute to its vibrant future. Whether you're seeking a lucrative rental income stream or a spacious property to accommodate multiple households, Conway presents unique opportunities for the savvy investor or homeowner. Find your dream property amidst the rolling hills and friendly faces of Conway, and experience the joys of owning real estate in a truly special place.

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