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Kenwood Park Multifamily Home for Sale

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    $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

Why Live in Kenwood Park

Kenwood Park in Cedar Rapids retains its small-town charm, offering a friendly and safe environment for families and individuals of all ages. Located less than 15 minutes from downtown Cedar Rapids and close to Interstate 380, the neighborhood is known for its affordability, with home prices averaging around $150,000. Housing styles include midcentury ranch homes, Cape Cods, early 1900s bungalows, and some newer constructions. The area features tight yards and a few streetlamps, contributing to an urban feel despite the lack of sidewalks. Children in Kenwood Park attend the Kenwood Leadership Academy, which offers a Leader in Me program, and then move on to Franklin Middle School and the highly rated George Washington High School. Kenwood Park itself is a central feature, often hosting community events. Nearby Noelridge Park, with its Aquatic Center and extensive gardens, is a popular summer destination. The neighborhood also borders Elmcrest Country Club, a private golf and social club. The Kenwood Park Neighborhood Association is active in organizing community events and addressing resident concerns. Local dining options include the Irish Democrat pub, the Starlite Room diner, and the Blind Pig sports pub. Grocery stores like Fareway, Hy-Vee, and New Pioneer Food Co-op are within a mile, and Lindale Mall offers additional shopping options just north of the neighborhood. Downtown Cedar Rapids is 3.5 miles away, accessible by a bus line that runs every 15 minutes. The Eastern Iowa Airport is 12 miles away.

Home Trends in Kenwood Park, IA

Housing Trends

Median Sale Price
$160,250
Median Single Family Sale Price
$160,250
Average Price Per Sq Ft
$136
Number of Homes for Sale
2
Last 12 months Home Sales
82
Months of Supply
0.30
Median List Price
$164,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%
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