Cedar Rapids, IA Multifamily Homes & Duplexes for Sale

Fully leased duplex in convenient proximity to downtown Cedar Rapids. Lower unit has a brand new bathroom and kitchen. Off street parking for tenants and guests. Tenants pay all utilities currently.

Victoria Torres KW Advantage

RARE RESIDENTIAL INVESTMENT OPPORTUNITY! Seller to stay on as tenant signing a 2-year lease. Proposed rental rate of $2500/month. Home features recent updates: new windows, hardwood floors, kitchen countertops, and upgraded appliances. Seller willing to provide full year rent upfront.

Addie Eichhorn GLD COMMERCIAL

Great Investment Opportunity! New roof in 2021, recently replaced steps and guardrail. Unit A was updated in 2022. The perfect portfolio addition for the savvy investor. Please contact the listing agent for rent rolls and to arrange property access.

Ross Nusser Urban Acres Real Estate Corridor

Looking for stable cash flow and long-term appreciation in one of the Midwest’s most investor-friendly markets? This turnkey portfolio in Cedar Rapids, IA is the perfect addition to your rental holdings. Whether you're a local investor or an out-of-state buyer looking to expand in the Midwest, this package offers immediate rental income, strong tenant demand, and a market with steady growth.

Marie Hancock Fathom Realty

Great investment opportunity! Check out this upper/lower duplex with many updates. Both units are vacant. Updates occurred while both units were unoccupied. Lower Unit is 2 Bedroom. Upper Unit is 3 Bedroom. Tenants pay electric and gas, landlord pays water/garbage. Each unit has their own private entry. Close to downtown and I-380. Sold "as-is". Any and all inspections are for buyers knowledge

Tracy Engelbart REAL ESTATE AMERICA, INC.

Do not miss this fantastic investment opportunity in a quiet northeast Cedar Rapids neighborhood! This well-maintained duplex has been thoughtfully remodeled over the years, ensuring a low-maintenance addition to your portfolio. Professionally managed by a local company, this property offers reliability and convenience. The upper unit is currently rented at $875/month, while the lower unit is

Jeremy Trenkamp COLDWELL BANKER HEDGES CORRIDOR

Investment Opportunity! 4-plex with solid cash flow! Comprised of two 1-bedroom units and 2 two-bedroom units. This is an ideal investment opportunity for first time investor - Located on the SE side of Cedar Rapids, near the med quarter and adjacent to St Paul’s church. New roof and other updates since owner purchased in 2023. Spacious backyard with detailed garage that is rented out to tenants.

Cindy Guckenberger Key Realty

House Legal Description: EAST KENWOOD PARK W 40' STR/LB 16 1 Parcel Number for all 3 properties: 14113-26007-00000, 14113-26006-00000, 14113-26008-00000. Zoning for 3403, 3409 is traditional mixed-use center. Zoning for 114th 34th St Dr. SE is Suburban Residential Flex. All 3 Parcels are included in this listing. Redevelopment opportunity or investment income opportunity with great traffic counts

Travis Burke Keller Williams Legacy Group

Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in

Mark Christianson Keller Williams Legacy Group

Loads of potential in this Cedar Rapids multiplex. The main floor offers 2 commercial spaces with an office, store front, storage and a single bathroom each. These units could be converted into residential rental units if needed. 2 main floor commercial units are currently vacant. Upstairs offers 2 separate 3-bedroom, 1-bathroom units. Each unit is fully furnished and furnishings are included.

Jeremy Trenkamp COLDWELL BANKER HEDGES CORRIDOR

The Eagle’s Nest Apartments are a 5 – building, 33 – Unit / 131 – bedroomapartment community located next to Kirkwood Community College. Theproperty is currently rented by the bedroom, appealing to students, andfeatures two different floor plans: 4 bed / 4 bath & 4 bed / 2 bath. The6620 Preston Ct. SW building was constructed in 2022 and the other 4buildings were constructed

Josh Seamans Cushman & Wakefield Iowa Commercial Advisors

Opportunity to acquire a single-family property on a 0.657 acre lot, with opportunity for rental income or potential for commercial use. The current zoning is general industrial. The home features 3 bedrooms, 1 full bathroom, basement and detached garage. New roof post-derecho. *Dogs are present on the premises. Enter at your own risk.*

Jenn Sexton GLD COMMERCIAL

This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024,

Beth Mackey COLDWELL BANKER HEDGES

Great way to get started investing with this solid 3 plex conveniently located near Coe College! Short walk to MOCO, Dairy Queen, Coe and Tic Toc. Each unit has long term tenants on a month to month, up to 3 years. Efficiency unit rents for $550, and other two units rent for $800 and $650. Main floor tenant maintains lawn and sidewalk for a $50 rent discount. Preapproval letter required with

Brian Larkin Keller Williams Legacy Group

The KataLYST Team as part of KW Commercial is pleased to present this multifamily property located at 60 & 64 Miller Avenue Southwest, Cedar Rapids, IA. This property was renovated in 2022 and almost every unit has been re-done. The current owners have spent several hundred thousand in updates and renovations since 2021. Rents still have more room for growth as the current owners were offering

Nick Wallraff KW Red Heartland

Rachael Ray SKOGMAN REALTY

Darin Garman HEARTLAND INVESTMENT REAL ESTATE, LLC

Ronald Kelley KELLEY and CO., REALTORS

Darin Garman HEARTLAND INVESTMENT REAL ESTATE, LLC