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Investment - Homes for Sale in Cedar Rapids, IA

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  • /17

    $1,350,000

    • 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.

    Agent Photo

    Matthew Lepic

    Lepic-Kroeger, REALTORS

    (319) 284-6177

    120 32nd St NE, Cedar Rapids, IA 52402
  • /23

    $300,000

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft

    164 Cherry Hill Rd NW, Cedar Rapids, IA 52405

    This home is part of the Cedar Rapids Roots Program. All buyers must meet eligibility requirements and be approved through the program to purchase. For more information on qualification guidelines, visit the City of Cedar Rapids Roots Program website or contact the listing agent. Welcome to this beautifully crafted single-family home with a thoughtfully designed layout. This cozy and efficient

    Agent Photo

    Taylor Blazek

    Urban Acres Real Estate

    (319) 224-8608

    164 Cherry Hill Rd NW, Cedar Rapids, IA 52405
  • /54

    $1,752,270

    • Land
    • 134.79 Acres
    • $13,000 per Acre

    Tbd Old River Rd SW, Cedar Rapids, IA 52404

    Here is a great investment farm with development potential. This property sits between Old River Rd SW and the College Farms housing development with great access to Highway 30 and Interstate 380. At 135 acres m/l, the property features crop land, timber, and a 4+ acre pond. For the real estate developer, this would be a great expansion of a neighborhood in the Urban Low Intensity area. There is

    Mitch Dellamuth

    Tbd Old River Rd SW, Cedar Rapids, IA 52404
  • /28

    $419,000

    • 5 Beds
    • 3 Baths
    • 1,825 Sq Ft

    3076 Brittany Cir, Cedar Rapids, IA 52411

    nlock an exceptional opportunity in Cedar Rapids with this 3-bedroom, 3-bathroom home offering 1,825 sq ft of versatile living space, built in 1991 on a generous 1-acre lot Zillow. With a finished basement, an attached garage, and a cozy fireplace, this residence blends style with comfort, perfect for families or those seeking extra room for work or hobbies Zillow.What's

    Jeffrey Hagel Jeffrey Hagel

    3076 Brittany Cir, Cedar Rapids, IA 52411
  • /25

    $229,000

    • 3 Beds
    • 2.5 Baths
    • 2,559 Sq Ft

    5794 Oakwood Ave NE Unit 2, Cedar Rapids, IA 52402

    You can rest easy in this neighborhood! Gated community with exceptionally maintained grounds and secured entrances! Welcome home to this beautifully appointed two-story townhouse located in a quiet, desirable neighborhood in Cedar Rapids. Featuring 3 spacious bedrooms and 2 full bathrooms with a half bath on the main level, this home offers the perfect blend of comfort, style, and

    Michelle Bennett Keller Williams Legacy Group

    5794 Oakwood Ave NE Unit 2, 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
  • /25

    $384,990 Open Sun 12PM - 1:30PM

    • 3 Beds
    • 2 Baths
    • 1,574 Sq Ft

    1807 Shady Grove Rd SW, Cedar Rapids, IA 52404

    Discover Your Dream Home. Step into the open-concept great room, where a bright and inviting atmosphere awaits. The gas fireplace, featuring a striking stone front, serves as the centerpiece, adding warmth and charm to your gatherings with family and friends. The seamless flow between the living and dining areas creates an ideal space for entertaining. The kitchen is stylish as it is

    Daniel Seda Realty87

    1807 Shady Grove Rd SW, Cedar Rapids, IA 52404
  • /10

    $107,000

    • 2 Beds
    • 1 Bath
    • 1,336 Sq Ft

    1737 14th Ave SE, Cedar Rapids, IA 52401

    Located on a corner lot on the SE side, this ranch has 2 bedrooms on the main floor, 1 full bath, a formal dining room with a built-in corner cabinet, and a 1-car attached drive-under garage. Walking in from the garage, you'll find a laundry area and a partially finished lower-level. This property has mature trees and will need updating, but could be a nice investment for someone. This property

    Jaime Burczek SKOGMAN REALTY

    1737 14th Ave SE, Cedar Rapids, IA 52401
  • /22

    $144,990

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    1505 Keith Dr NE, Cedar Rapids, IA 52402

    This warm and inviting home is perfect for first-time buyers or investors alike. Move-in ready, it offers 3 comfortable bedrooms and 1 full bathroom, giving you just the right amount of space to make it your own.Inside, you’ll find a functional layout with a large kitchen that provides plenty of room for cooking and gathering. While the home is ready to live in today, it also gives you

    Jeremy Johannes Epique Realty

    1505 Keith Dr NE, Cedar Rapids, IA 52402
  • /33

    $1,752,270

    • Land
    • 134.79 Acres
    • $13,000 per Acre

    TBD Old River Rd SW, Cedar Rapids, IA 52404

    Here's a great investment farm with development potential. This property sits between Old River Rd SW and the College Farms housing development with great access to HWY 30 and I-380. At 135 acres m/l, the property features crop land, timber, and a 4+ acre pond. For the real estate developer - This would be a great expansion of a neighborhood in the Urban Low Intensity area. There is direct access

    Mitchell Dellamuth Whitetail Properties Real Estate, LLC

    TBD Old River Rd SW, Cedar Rapids, IA 52404
  • /34

    $179,900

    • 2 Beds
    • 1 Bath
    • 1,040 Sq Ft

    2034 Sylvia Ave NE, Cedar Rapids, IA 52402

    This property is ready to go for your next investment property. All new carpet, paint, updated kitchen and bathroom. This property has a huge lot with room to expand. Its located very close to I-380, shopping, parks and schools.

    Brad Oppedahl SKOGMAN REALTY

    2034 Sylvia Ave NE, Cedar Rapids, IA 52402
  • /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
  • /31

    $115,777

    • 2 Beds
    • 2 Baths
    • 1,022 Sq Ft

    3919 Summerfield Ln NE Unit B, Cedar Rapids, IA 52402

    Why rent and pay someone else’s mortgage when you could be building equity on your home? Enjoy the autumn evenings relaxing on your patio watching birds, turkey and even deer foraging along the expansive parklike green space. Close to maintenance-free living in this spacious ground-floor ranch style condo with hard to find 2 bed 2 bath floor plan in one of the best locations in the city. Each

    John Beltramea EXIT Eastern Iowa Real Estate

    3919 Summerfield Ln NE Unit B, Cedar Rapids, IA 52402
  • /30

    $145,000

    • 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
  • /26

    $184,900

    • 3 Beds
    • 1.5 Baths
    • 1,629 Sq Ft

    712 8th St SW, Cedar Rapids, IA 52404

    From the spacious living areas to the kitchen and two-car garage, 712 8th Street is designed to meet the needs of modern living while maintaining the charm and appeal of a classic Cedar Rapids home. The well-maintained interior, generous yard, and convenient location make it a standout option in this desirable neighborhood. Whether you're looking to start a new chapter or add to your investment

    Herve Cantrell Epique Realty

    712 8th St SW, Cedar Rapids, IA 52404
  • /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
  • /20

    $119,950

    • 2 Beds
    • 1 Bath
    • 779 Sq Ft

    2408 J St SW, Cedar Rapids, IA 52404

    Welcome to this beautifully updated two-bedroom, one-bathroom home located right across the street from Wilson Middle School in SW Cedar Rapids. Whether you're looking for a cozy home or a strong investment opportunity, this property has it all! Step inside to find a beautifully remodeled kitchen and bathroom, complete with modern finishes and thoughtful updates throughout. Fresh paint brightens

    Olivia Bates IOWA REALTY

    2408 J St SW, Cedar Rapids, IA 52404
  • /27

    $159,000

    • 3 Beds
    • 1 Bath
    • 1,193 Sq Ft

    1502 1st St SW, Cedar Rapids, IA 52404

    Perfect investment property or starter home—move-in ready and priced to sell!This beautifully renovated 3-bedroom, 1-bath home is the perfect blend of modern updates and everyday comfort. Located on a desirable corner lot, this property offers fresh flooring, new carpet, updated paint throughout and brand NEW KITCHEN APPLIANCES. The spacious living room and bright newly updated kitchen

    Stacey Dlouhy Keller Williams Legacy Group

    1502 1st St SW, Cedar Rapids, IA 52404
  • /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
  • /11

    $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
  • /25

    $185,000

    • 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
  • /4

    $199,000

    • 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
  • /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
  • /28

    $130,000

    • 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
  • /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
  • /9

    $1,375,000

    • 7 Beds
    • 4 Baths
    • 10,182 Sq Ft

    442 5th Ave SW, Cedar Rapids, IA 52404

    10-Unit multifamily residential investment sale opportunity - 6th Street Commons. This property, located just Southwest of Downtown Cedar Rapids, consists of 10 residential apartment units. Each unit has a washer and dryer, white appliances, central heat and AC and a balcony/patio. There is an exclusive parking field available for tenants and guests. The sale of 6th Street Commons includes a

    Craig Byers Q4 Real Estate

    442 5th Ave SW, Cedar Rapids, IA 52404
  • /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
  • /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
  • /3

    $2,099,000

    • Land
    • 36.44 Acres
    • $57,602 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
  • /2

    $189,000

    • 1,884 Sq Ft

    1616 18th St NW, Cedar Rapids, IA 52405

    Long term tenants, stellar location, cared for property, and high yield rent! Great investment opportunity. This duplex is located is a quiet residential neighborhood. The exterior is charming and has a double stall garage and a deck in the back. The units are split by floor so there is an upper unit and a lower unit. The upper unit is a 3 bedroom and the lower unit is a 2 bedroom. Each unit

    Tabatha Barnes SKOGMAN REALTY

    1616 18th St NW, Cedar Rapids, IA 52405

Home Trends in Cedar Rapids, IA

Housing Trends

Median Sale Price
$176,000
Median Single Family Sale Price
$176,000
Median 2 Bedroom Sale Price
$248,000
Median 1 Bedroom Sale Price
$138,000
Average Price Per Sq Ft
$132
Number of Homes for Sale
158
Last 12 months Home Sales
1,020
Months of Supply
1.90
Median List Price
$182,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
1%
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