Related Party Transactions - Narrative (Details)	3 Months Ended						9 Months Ended		12 Months Ended
	Sep. 30, 2024 USD ($) shares	Jun. 30, 2024 USD ($) shares	Mar. 31, 2024 USD ($) shares	Sep. 30, 2023 USD ($) shares	Jun. 30, 2023 USD ($) shares	Mar. 31, 2023 USD ($) shares	Sep. 30, 2024 USD ($) quarter shares	Sep. 30, 2023 USD ($) shares	Dec. 31, 2023 USD ($)	Oct. 11, 2024 USD ($)
Related Party Transaction [Line Items]
Management fee - related party	$ 515,000			$ 446,000			$ 1,478,000	$ 1,260,000
Due to affiliates	$ 22,258,000						22,258,000		$ 21,994,000
Stock repurchased during period (in shares) | shares	271,506	279,136	258,624	229,355	323,706	401,116
Class N Redeemable Common Stock repurchased	$ 7,492,000	$ 7,826,000	$ 7,363,000	$ 6,831,000	$ 10,177,000	$ 13,025,000
Performance participation interest - related party	0			0			0	0
Administrative fees expense	200,000			$ 200,000			800,000	700,000
Investment in affiliated fund	$ 22,869,000						$ 22,869,000		27,717,000
Everly Roseland | Multifamily
Related Party Transaction [Line Items]
Percentage of consolidated interest acquired	95.00%						95.00%
Homestead Communities, LLC
Related Party Transaction [Line Items]
Ownership percentage	50.00%						50.00%
Vida JV LLC | Invesco JV
Related Party Transaction [Line Items]
Ownership percentage	85.00%						85.00%
Non-controlling Interests in Consolidated Joint Ventures
Related Party Transaction [Line Items]
Ownership percentage	50.00%						50.00%
Everly Roseland Co-Invest
Related Party Transaction [Line Items]
Ownership percentage	60.00%						60.00%
Class E Common Stock
Related Party Transaction [Line Items]
Stock repurchased during period (in shares) | shares	15,383	8,542	15,463	5,640	284,496	401,116
Class N Common Stock
Related Party Transaction [Line Items]
Stock repurchased during period (in shares) | shares	0	0	0	0	0	0
Related Party
Related Party Transaction [Line Items]
Due to affiliates	$ 22,258,000						$ 22,258,000		21,994,000
Advance of organization and offering fees, net asset value threshold	1,000,000,000						$ 1,000,000,000
Reimbursement term, organization and offering expenses							60 months
Affiliated entity | Class E Common Stock
Related Party Transaction [Line Items]
Number of shares issued in transaction (in shares) | shares							950,811
Affiliated entity | Class N Common Stock
Related Party Transaction [Line Items]
Number of shares issued in transaction (in shares) | shares							14,289,602
Accrued management fee | Related Party
Related Party Transaction [Line Items]
Due to affiliates	342,000						$ 342,000		309,000
Management Fee and Performance Participation Interest - Incentive Rate, Pre-Incentive Fee Net Investment Income Threshold | The Dealer Manager | Class T, Class S and Class D Shares
Related Party Transaction [Line Items]
Management and service fees, incentive rate (as a percent)							8.75%
Organization Costs And Offering Expenses | Related Party
Related Party Transaction [Line Items]
Due to affiliates	8,400,000						$ 8,400,000		7,600,000
Advance Of Operating Expenses | Related Party
Related Party Transaction [Line Items]
Operating expenses advanced	8,300,000						$ 8,300,000		9,400,000
Reimbursement of operating expenses threshold, percent of average invested assets over four quarters							2.00%
Reimbursement of operating expenses threshold, percent of net income over four quarters							25.00%
Operating Expenses Reimbursement | Related Party
Related Party Transaction [Line Items]
Adviser fee, number of consecutive quarters, reimbursement period | quarter							4
Accrued affiliate service provider expenses | Related Party
Related Party Transaction [Line Items]
Due to affiliates	204,000						$ 204,000		16,000
The Adviser | Management Fee and Performance Participation Interest | Subsidiaries
Related Party Transaction [Line Items]
Management and service fees, base rate (as a percent)							1.00%
Management fee commencement period (in years)							10 years
Management fee - related party	500,000			$ 400,000			$ 1,500,000	$ 1,300,000
Due to affiliates	$ 300,000						$ 300,000		300,000
Number of shares issued in transaction (in shares) | shares	17,341			13,800			48,992	38,523
The Adviser | Management Fee and Performance Participation Interest | Subsidiaries | Class E Common Stock
Related Party Transaction [Line Items]
Stock repurchased during period (in shares) | shares	13,853			5,640			30,774	5,640
Class N Redeemable Common Stock repurchased	$ 400,000			$ 200,000			$ 900,000	$ 200,000
The Adviser | DST Program Fees and Expenses, Placement Fees
Related Party Transaction [Line Items]
DST program, selling commissions	$ 100,000			$ 0			$ 200,000	$ 0
Invesco REIT Special Limited Partner L.L.C. | Subsidiaries | Class E Common Stock
Related Party Transaction [Line Items]
Stock repurchased during period (in shares) | shares	30,005			9,661			87,970	9,661
Class N Redeemable Common Stock repurchased	$ 900,000			$ 300,000			$ 2,600,000	$ 300,000
Invesco REIT Special Limited Partner L.L.C. | Management Fee and Performance Participation Interest - Incentive Rate, Total Return Rate | Subsidiaries
Related Party Transaction [Line Items]
Management and service fees, incentive rate (as a percent)							12.50%
Invesco REIT Special Limited Partner L.L.C. | Management Fee and Performance Participation Interest - Incentive Rate, Total Return Rate | Subsidiaries | Class N Common Stock
Related Party Transaction [Line Items]
Management and service fees, incentive rate (as a percent)							10.00%
Invesco REIT Special Limited Partner L.L.C. | Management Fee and Performance Participation Interest - Incentive Rate, Annualized Hurdle Rate | Subsidiaries
Related Party Transaction [Line Items]
Management and service fees, incentive rate (as a percent)							6.00%
Invesco REIT Special Limited Partner L.L.C. | Management Fee and Performance Participation Interest - Incentive Rate, Annualized Hurdle Rate | Subsidiaries | Class N Common Stock
Related Party Transaction [Line Items]
Management and service fees, incentive rate (as a percent)							7.00%
Invesco Distributors, Inc.
Related Party Transaction [Line Items]
DST program, closing cost reimbursement percent							0.50%
DST program, organizational and offering expense	31,000			4,000			$ 100,000	4,000
Invesco Distributors, Inc. | Affiliated entity | Class T, Class S and Class D Shares
Related Party Transaction [Line Items]
Total							500,000		$ 300,000
Invesco Distributors, Inc. | The Dealer Manager
Related Party Transaction [Line Items]
Management fee - related party	17,000			0			$ 50,000	0
DST program fees and expenses (as a percent)							0.15%
DST program, investor servicing fee (as a percent)							0.25%
Invesco Distributors, Inc. | DST Program Fees and Expenses, Selling Commissions, Manager Fees, and Placement Fees
Related Party Transaction [Line Items]
DST program fees and expenses (as a percent)							5.00%
Invesco Distributors, Inc. | DST Program Fees and Expenses, Manager Fees
Related Party Transaction [Line Items]
DST program fees and expenses (as a percent)							1.00%
Invesco Distributors, Inc. | DST Program Fees and Expenses, Placement Fees
Related Party Transaction [Line Items]
DST program fees and expenses (as a percent)							1.00%
Pine Tree Commercial Realty, LLC | Accrued affiliate service provider expenses
Related Party Transaction [Line Items]
Total expenses	44,000			$ 35,000			$ 100,000	$ 100,000
Invesco Realty, Inc. | Related Party
Related Party Transaction [Line Items]
Investment owned, at cost	$ 30,000,000.0						$ 30,000,000.0
Invesco Realty, Inc. | Related Party | Subsequent Event
Related Party Transaction [Line Items]
Investment owned, at cost										$ 65,000,000.0
Incremental commitment										$ 35,000,000.0
Invesco Realty, Inc. | Affiliated entity | Class E Common Stock
Related Party Transaction [Line Items]
Number of shares issued in transaction (in shares) | shares							0
Invesco Realty, Inc. | Affiliated entity | Class N Common Stock
Related Party Transaction [Line Items]
Number of shares issued in transaction (in shares) | shares							0