Iowa Apartment Buildings for Sale

54 properties available.
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303 South Clinton

Albia, IA 52531


$110,0005,500 SF

303 and 304 South Clinton Street. 7 units total. Acoss the street from each other. 1 (4 plex), 1 (3 plex). $2,430 monthly income.

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139 1st Avenue Nw

Oelwein, IA 50662


$5,9001,000 SF

This Single-Family Home is located at 139 1st Ave NW Oelwein IA 50662. Property 2 beds and approximately 1,000 square feet of living area. Property was built in 1914 and has a full basement. Approximate lot size of 8,300 Sq Ft. Property Source Realty offers a private finance program (Land Contract in MI) offered to any of our buyers. No Interest, No Credit Check No Income check. All thats required is a minimum down payment of 35% to 50% depending. This property just came out of foreclosure and is offered by Global Premier Asset Serving.This property does have mold. Property is vacant and will need some type of repair/rehab of course. Transaction will be completed by our office at NO additional closing cost to buyer if completed thru our office. All wholesale assets are sold as is where is of course. This asset company has over 200 Detroit Michigan Assets with about 100 being homes. All offered well below wholesale average list price from $2900 to $9,900. If interested, please e-mail our office for a complete list and website.

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7201 Se 5th Street

Des Moines, IA 50315


$4,200,00073,100 SF

PRICE REDUCED! The Hillcrest Apartments consist of three apartment buildings. Each building has 30 units. The buildings were built in 1977 and have 3 story designs with attractive and easy to maintain brick and vinyl exteriors and pitched roofs. The Hillcrest Apartments consist of 4 efficiency units, 51 one bedroom units, 35 two bedroom units and 40 garages. Each apartment building has a laundry facility. The heat for the buildings is electric. The tenants pay for their own electricity including electric heat. Some common area features include laundry facilities, garages, ample off street parking, pool, picnic area, playground, tennis court, and controlled access. Some individual unit features include attractive foor plans, refrigerator, electric range, dishwasher (two bedroom units), garbage disposal, air conditioning, ceiling fan, and cable hook-up. There have been some major improvements including many upgraded bathrooms and kitchens and newer carpet and kitchen flooring. The pool has been upgraded with new mechanicals.

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800 Veterans Memorial Highway

Council Bluffs, IA 51501


$395,000Size Upon Req.

Seller financing with 50k down, w.a.c. 14 lot Mobile Home Park. ( 2 Acres.) Adjacent additional 2 Acres with 23 room Motel also available. 4 Acres total possible for developement, or continue successful operation. (sellers spouse is ne. licensed real estate agent) This is a great opportunity for a large partial in the best growing area of Council Bluffs. New 4 lane with huge traffic count. Make offer.

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402 W Ashland Avenue

Indianola, IA 50125


$149,9002,112 SF

Older home which has been converted to a Duplex. Recently repainted inside. Two new tenants.

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4847 W Kimberly Road

Davenport, IA 52806


$375,000Size Upon Req.

33 lots total, 8 apartment units. 30 occupied mobile home lots $300 lot rent 7 occupied apartments, $350-$450 per month $10,000-$13,000 + gross per month City water, the park provides water and trash and sewer Private sewer treatment plant 60-200 amp electrical and natural gas on each site park needs some cleaning up but the location and income is good. strong demand for rentals and near all retail shopping

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400 S Fremont

Clarksville, IA 50619


$540,000Size Upon Req.

Sunrise Manufacture Home Park with 35 units and a storm shelter.  This property has an office with garage that is currently rented to a tenant.  Get into the rental business big with this purchase.  All units are have separate water and electric meters.  Tenants are responsible for their own utilities.  Good cash flow.

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430 - 43 Western

Waterloo, IA 50701


$32,5003,498 SF

Handyman/investor take note of this great multi family property  needs some TLC but would be great investment property.

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702 Main

Nashua, IA 50658


$110,0003,378 SF

Investor Alert!!!  This is a great investment property with many updates.  All units have separate utilities that tenant is responsible for.  All units come with washer,dryer,stove and refrigerator.  The shingles, siding and many windows have been updated.  It also has a 3-stall garage on the property and spaces for off street parking.  This is definitely a solid investment and all units are currently occupied.

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318 E Main Street

Lamoni, IA 50140


$450,0004,992 SF

Nestled in the beautiful Southern Iowa town of Lamoni. The town offers the peacefulness of a small town with all the amenities. Centrally located , with easy access to shopping, and Graceland University. There are 20 rooms on 3 floors. each apt is about 530 sq ft. They include heating and air conditioning ref. electric range, garbage disposal, cable, and walk-in closet. There is also a in house laundromat, that is open to the public. It has 10 washers and 8 dryers., Extra Lot, paved parking This property just needs some good management! The occupancy rates are low, yet there is plenty of potential in the area. Take a look at this property and make an offer!

Iowa Apartment Buildings for Sale

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