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Investment - Homes for Sale in Cedar Rapids, IA

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  • /6

    $119,900

    • 2 Beds
    • 1 Bath
    • 728 Sq Ft

    309 31st Street Dr SE, Cedar Rapids, IA 52403

    NEWER VINYL SIDING, SOFFIT/FACIA COVERED, NEWER VINYL WINDOWS, OWNERS ARE ELECTRICIANS- UPDATED ELECTRIC, OAK FLOORS ALL ROOMS (EXCEPT KITCHEN/BATH), LARGE BACK YARD, CUTE HOME, FIXER UPPPER COSTMETICS NEEDED - UPPER LEVEL CAN BE 3RD BEDROOM, COME SEE A LITTLE INVESTMENT CREATE SOLID HOME. BEING SOLD AS-IS -UTILITIES WILL BE TURNED ON AFTER ACCEPTED PURCHASE AGREEMENT.. NO EXPRESS WARRANTIES.

    Agent Photo

    Cat Brown

    Move In-Out, Real Estate, Inc

    (319) 204-5882

    309 31st Street Dr SE, Cedar Rapids, IA 52403
  • /36

    $1,400,000

    • 7 Beds
    • 4 Baths
    • 13,248 Sq Ft

    120 32nd St NE, Cedar Rapids, IA 52402

    **Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access. 2 units rents

    Agent Photo

    Matthew Lepic

    Lepic-Kroeger, REALTORS

    (319) 205-8701

    120 32nd St NE, Cedar Rapids, IA 52402
  • /25

    $119,900

    • 2 Beds
    • 1.5 Baths
    • 1,061 Sq Ft

    828 8th Ave SW, Cedar Rapids, IA 52404

    Looking for a great home or investment property? This updated 2 bedroom, 1.5 bath is ready and waiting. This home features include custom built-ins, crown molding, kitchen-dining combo with trayed ceiling and breakfast bar, master suite with full bath, laundry and walk-in closet. The exterior feature a metal roof, vinyl siding, fenced in yard, and a storage shed. This property is conveniently

    Agent Photo

    Tim Scherbring

    Epique Realty

    (319) 308-6273

    828 8th Ave SW, Cedar Rapids, IA 52404
  • /17

    $1,800,000

    • Land
    • 36.44 Acres
    • $49,396 per Acre

    115 Benesh Ln, Cedar Rapids, IA 52404

    Discover a prime investment opportunity with this 36-acre parcel of zoned agricultural land in Cedar Rapids, IA. Located near I-380 and Highway 30, this property offers excellent accessibility and high visibility. With Cedar Rapids experiencing significant economic growth, this land holds immense potential for commercial development, including retail centers, office complexes, or industrial

    David Wessling Iowa Land Management & Real Estate

    115 Benesh Ln, Cedar Rapids, IA 52404
  • /17

    $175,000

    • 1,934 Sq Ft

    1517 2nd Ave SE, Cedar Rapids, IA 52403

    Historic charm meets modern investment opportunity in this well-maintained three-unit multifamily property located in the heart of Cedar Rapids. Listed on the Historical Registry, this beautifully preserved home features one efficiency apartment, one two-bedroom unit, and one spacious three-bedroom unit with one and a half baths—offering flexibility for a variety of tenant needs.Recent

    Courtney Blair SKOGMAN REALTY CORRIDOR

    1517 2nd Ave SE, Cedar Rapids, IA 52403
  • /6

    $5,800,000

    • 6 Beds
    • 6 Baths
    • 22,860 Sq Ft

    329 12th Ave SE, Cedar Rapids, IA 52401

    329 on 12th is a Mixed-Use Investment opportunity located in the heart of the NewBo District in Cedar Rapids, Iowa. Built in 2017, this Class A Investment property consists of 20 market-rate residential apartment units and 9,398 SF of fully leased Commercial Office space. For more information about 329 on 12th or to schedule a showing, contact listing broker only. Confidentiality Agreement

    Craig Byers Q4 Real Estate

    329 12th Ave SE, Cedar Rapids, IA 52401
  • /30

    $139,000

    • 2,077 Sq Ft

    1608 B Ave NE, Cedar Rapids, IA 52402

    Turnkey duplex opportunity in a NE neighborhood! This updated upper/lower duplex offers comfortable living and smart investment potential. Both units have been remodeled with modern finishes and comes fully occupied day one. Major Upgrades Include: New roof (2022), New mini-split heating & cooling systems (2022), New water heater (2022). Each unit features refreshed interiors and separate access

    Zack Phillips Pinnacle Realty LLC

    1608 B Ave NE, Cedar Rapids, IA 52402
  • /11

    $375,000

    2825 18th St SW, Cedar Rapids, IA 52404

    Prime Real Estate Opportunity Awaits! Builders and developers, seize the chance to create something special on this ideally situated lot. Imagine the possibilities: townhouses, condos, a luxury single-family residence. Enjoy proximity to everything the city offers, combined with the allure of a private, wooded setting. This is an investment opportunity you won't want to miss!" Seller is related

    Lindsay Jo Pinter Epique Realty

    2825 18th St SW, Cedar Rapids, IA 52404
  • /16

    $112,000

    • 3 Beds
    • 1 Bath
    • 894 Sq Ft

    5610 Briarwood St SW, Cedar Rapids, IA 52404

    Investment opportunity. The home has been cleaned out and being sold as-is. Newer furnace, ac, water heater included.

    Jeremy Trenkamp Realty87

    5610 Briarwood St SW, Cedar Rapids, IA 52404
  • /28

    $155,000

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    526 30th St SE, Cedar Rapids, IA 52403

    This charming home near Bever Park is the perfect starter home or investment opportunity. Located in an established neighborhood, it features beautiful hardwood floors throughout the living room, hallway, and main-level bedrooms. Recent updates include a new AC (2024) and a privacy fence, adding comfort and security. The spacious backyard is ideal for pets, kids, gardening, or entertaining.

    Alexis Kemp RE/MAX CONCEPTS

    526 30th St SE, Cedar Rapids, IA 52403
  • /30

    $240,000

    • 1,508 Sq Ft

    819 G Ave NW, Cedar Rapids, IA 52405

    Don't miss your opportunity! This front/back duplex makes a nice investment property. The front unit has 3 bedrooms, 1.5 bathrooms, & a 2-stall garage. It is rented through November 30th, 2026 for $1,250/mo. The back unit has 1 bedroom, 1 bathroom, & 1 off-street gravel parking spot. It is rented with a month-to-month lease for $725/mo. The property has been updated & well-maintained, including a

    Molly Trimble LEPIC-KROEGER CORRIDOR, REALTORS

    819 G Ave NW, Cedar Rapids, IA 52405
  • /20

    $500,000

    • 3 Beds
    • 1 Bath
    • 1,224 Sq Ft

    718 4th St NW, Cedar Rapids, IA 52405

    This is all about the location. Sitting directly across from the proposed new casino site and currently rented month to month. Great investment with numerous possibilities.

    Courtney Blair Skogman Realty Co.

    718 4th St NW, Cedar Rapids, IA 52405
  • /15

    $183,000

    • 6 Beds
    • 4 Baths
    • 2,299 Sq Ft

    809 17th St SE, Cedar Rapids, IA 52403

    Great Investment Opportunity on the SE side of Cedar Rapids! This well-maintained multifamily property features four fully leased units-three-1 bedroom units, and 1-3 bedroom unit. Each unit is individually metered for gas and electricity. Owner pays water/garbage/recycling, and common area heat and electric. A shared, coin-operated laundry is available in the basement for added tenant

    Ross Nusser Urban Acres Real Estate Corridor

    809 17th St SE, Cedar Rapids, IA 52403
  • /10

    $165,000

    • 2,040 Sq Ft

    317 8th St SE, Cedar Rapids, IA 52401

    3 Units in this investment building. Two 1 bedroom/1 bath units on the main floor. Upper Level has a 2 Bedroom, 2 Bath unit with an outdoor deck. Units 1 $700 per month (vacant), Unit 2 $650.00 per month, Unit 3 $775, with room for increased rents. All tenants are Month to Month. Metal Roof, Coin laundry on site. Must be purchased with adjacent property 728 4th Ave SE parcel 14214-8001-00000. 24

    Bryant Nicholson Affinity Real Estate Services

    317 8th St SE, Cedar Rapids, IA 52401
  • /28

    $158,000

    • 2,480 Sq Ft

    369 15th St SE, Cedar Rapids, IA 52403

    Great investment opportunity! Check out this upper/lower duplex with many updates. Both units are vacant so you can interview and choose your own tenants. Lower Unit is 2 Bedroom. Upper Unit is 3 Bedroom. NEW ROOF on the property. New flooring in areas of each unit, Updated or refreshed cabinets. Updated bathrooms. New vinyl windows installed with existing updated windows in the units. Tenants

    Tracy Engelbart REAL ESTATE AMERICA, INC.

    369 15th St SE, Cedar Rapids, IA 52403
  • /19

    $159,900

    • 2 Beds
    • 1 Bath
    • 572 Sq Ft

    1332 Wilson Ave SW, Cedar Rapids, IA 52404

    Welcome to 1332 Wilson Avenue SW, a great investment property with options to rent out your detached 3 stall for storage, business and more! This is a charming home with incredible space and storage! This property features 3 bedrooms, 1 bathroom, and a spacious living area with plenty of natural light. The updated kitchen offers modern appliances and ample cabinet space. Outside, you'll find a

    Herve Cantrell Epique Realty

    1332 Wilson Ave SW, Cedar Rapids, IA 52404
  • /13

    $210,000

    • 2,438 Sq Ft

    116 17th St NE, Cedar Rapids, IA 52402

    This very nice 5-plex on the desirable northeast side of town has been exceptionally well cared for—no work needed, just move in and start collecting rent! Two of the units feature private decks off the back, offering added appeal to tenants. The property also includes a two-stall garage and ample off-street parking.Rent rolls are strong, making this a great investment opportunity in a

    Chris Puckett Realty87

    116 17th St NE, Cedar Rapids, IA 52402
  • /42

    $235,000

    • 3 Beds
    • 2.5 Baths
    • 2,100 Sq Ft

    1027 Acacia Dr NE, Cedar Rapids, IA 52402

    Enjoy this spacious multi-level condo located in the peaceful Crescent View neighborhood. This beautifully updated home features stunning granite countertops in the kitchen, complementing elegant cabinetry and modern appliances for a truly refined feel. Durable luxury vinyl plank flooring adds a contemporary touch throughout the main living areas, offering both style and comfort. The open concept

    Wynn Nguyen Pinnacle Realty LLC

    1027 Acacia Dr NE, Cedar Rapids, IA 52402
  • /37

    $444,500

    • 4 Beds
    • 3.5 Baths
    • 3,745 Sq Ft

    2260 Country Club Pkwy SE, Cedar Rapids, IA 52403

    Turn key luxury home now priced like an investment home in up scale neighborhood. Well below value! 4 bedroom 3 1/2 bath home with several bonus rooms overlooking the Cedar Rapids Country Club Golf Course with a $30,000 LANDSCAPED CREDIT AT CLOSING so you can make it just waht you want. This spacious open concept boasts a grand foyer, large dinning room, kitchen and large family room while

    Steve Irwin Inspirational Realty and Renovation

    2260 Country Club Pkwy SE, Cedar Rapids, IA 52403
  • /37

    $350,900

    • 3 Beds
    • 2 Baths
    • 1,757 Sq Ft

    1719 Prairie Rose Dr SW, Cedar Rapids, IA 52404

    This spacious home offers a great opportunity for buyers looking to add their personal touch. The sellers are motivated and ready to make a deal... they’re even offering a flooring credit at closing, giving you the freedom to update the space to your taste! With a functional layout, generous living areas, and a great location near schools, parks, and amenities, this property has tons of

    Deanna Tischer Realty87

    1719 Prairie Rose Dr SW, Cedar Rapids, IA 52404
  • /25

    $165,000

    • 2,776 Sq Ft

    1249 3rd Ave SE, Cedar Rapids, IA 52403

    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 Realty87

    1249 3rd Ave SE, Cedar Rapids, IA 52403
  • /28

    $185,000

    • 2,130 Sq Ft

    139 32nd St NE, Cedar Rapids, IA 52402

    Great Investment Duplex in Cedar Rapids. Fully rented up and down duplex. Lower unit is 2 Bed, 2 Bath and rented through July 2026 for $1000 per month. Upper unit is rented through July 2026 for $850. Tenant pays electric, Landlord pays Gas/Water/Sewer/Trash. 24 hours notice for showings.

    Bryant Nicholson Affinity Real Estate Services

    139 32nd St NE, Cedar Rapids, IA 52402
  • /2

    $334,867

    • Land
    • 1.23 Acres
    • $272,250 per Acre

    1410 Adair Ct SW Unit Lot 2, Cedar Rapids, IA 52404

    Positioned in the fastest-growing area of Cedar Rapids near the expanding Eastern Iowa Airport, this 1.23-acre lot offers unmatched flexibility and investment potential. Zoned ILI (Commercial Mixed Use), it is well-suited for a wide range of uses including retail, office, industrial, restaurant, or business suites.This property can also be combined with the adjacent Lot 3 (1.34 acres) for a

    Trev Adair Pinnacle Realty LLC

    1410 Adair Ct SW Unit Lot 2, Cedar Rapids, IA 52404
  • /25

    $275,000

    • 2,229 Sq Ft

    3109 12th Ave SW, Cedar Rapids, IA 52404

    Looking for a unique investment property/opportunity? You won't find another like this! This property has two separate buildings to give any investor options. The main building (3109, 3111, 3113) has a 3bed/1bath unit (w/ laundry) and two 1bed/1bath units. This building has separate electric & 1 gas bill. Each unit comes with its own parking spaces. Towards the back of the property is a separate

    Matt Clark Epique Realty

    3109 12th Ave SW, Cedar Rapids, IA 52404
  • /10

    $750,000

    • 9,154 Sq Ft

    3403 1st Ave SW, Cedar Rapids, IA 52405

    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

    3403 1st Ave SW, Cedar Rapids, IA 52405
  • /4

    $420,000

    • 8,364 Sq Ft

    1630 1st Ave NE, Cedar Rapids, IA 52402

    A truly unique value-add investment opportunity with clear paths to achieving a valuation exceeding $700,000. The property features six residential rental units and two commercial spaces. All six residential units are currently leased, with significant potential for rent increases, while the lower level remains vacant—offering a new owner flexibility in determining the best renovation strategy.

    Jack Brundell INTREPID REAL ESTATE

    1630 1st Ave NE, Cedar Rapids, IA 52402
  • /16

    $245,000

    • 1,869 Sq Ft

    1746 B Ave NE, Cedar Rapids, IA 52402

    Welcome to this meticulously cared-for and fully updated 4-plex, where no detail has been overlooked. This property offers 4 large 1 bedroom units. This property offers a prime investment opportunity with long-term tenants in 3 of the units, providing immediate, reliable income. From the moment you step inside, you'll appreciate the pride of ownership and the high standards of maintenance and

    Chris Puckett Realty87

    1746 B Ave NE, Cedar Rapids, IA 52402
  • /23

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,168 Sq Ft

    281 Jacolyn Dr NW, Cedar Rapids, IA 52405

    This well mantained 3-bedroom, 2-bath ranch home is perfect for a starter home or investment property! It features a spacious master suite, a large laundry room, and an open layout that provides a comfortable living space. The oversized 2-car garage offers additional space, ideal for a workshop or extra storage, with a new shed outside for extra storage. Don’t miss out on this beautiful and

    Pacifique Mengi Pinnacle Realty LLC

    281 Jacolyn Dr NW, Cedar Rapids, IA 52405
  • /22

    $147,950

    • 4 Beds
    • 1 Bath
    • 1,368 Sq Ft

    2962 Circle Dr NE, Cedar Rapids, IA 52402

    Great home for anyone looking for an investment or first home! Listed UNDER assessed value with over a half acre lot. Newer Roof, Newer Vinyl Replacement Windows, Newer 1 Stall Detached Garage and 2 bedrooms on both the main and upper level. Make this place yours today to gain some instant equity and make it your own! Property being sold As-IS. Inspections to be for informational purposes.

    Chad Gloede RE/MAX CONCEPTS

    2962 Circle Dr NE, Cedar Rapids, IA 52402

Home Trends in Cedar Rapids, IA

Housing Trends

Median Sale Price
$170,000
Median Single Family Sale Price
$170,000
Median 2 Bedroom Sale Price
$134,250
Median 1 Bedroom Sale Price
$139,000
Average Price Per Sq Ft
$130
Number of Homes for Sale
214
Last 12 months Home Sales
1,317
Months of Supply
1.90
Median List Price
$175,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%
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