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Lincolnway Village Multifamily Home for Sale

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    $6,500,000

    6620 Preston Terrace Ct SW, Cedar Rapids, IA 52404

    The Eagle’s Nest Apartments are a 5 – building, 33 – Unit / 131 – bedroom apartment community located next to Kirkwood Community College. The property is currently rented by the bedroom, appealing to students, and features two different floor plans: 4 bed / 4 bath & 4 bed / 2 bath. The 6620 Preston Ct. SW building was constructed in 2022 and the other 4 buildings were constructed in 2004. The

    Tiffany Earl-Williams SKOGMAN REALTY COMMERCIAL

    6620 Preston Terrace Ct SW, Cedar Rapids, IA 52404

Why Live in Lincolnway Village

Lincolnway Village in Cedar Rapids is a tranquil neighborhood established in the 1960s and 70s, located near Interstate 380 and a large industrial site. The area features wide streets without sidewalks, houses with sizeable setbacks, and well-maintained lawns dotted with trees, giving it a suburban feel while being close to city amenities. Despite the proximity to railroad tracks and industrial areas, residents appreciate the accessibility to downtown Cedar Rapids, Eastern Iowa Airport, and Mercy Medical Center, all within a 5-mile drive. Public transportation is available through Cedar Rapids Transit, and local amenities include a Kum & Go gas station. Dining options in the area include JW's Pub & Grub and Rancheros Mexican Grill, with more extensive shopping and dining available in nearby Czech Village and downtown. Local attractions include the McGrath Amphitheater and NewBo City Market, offering live entertainment and unique food and business start-ups. Lincoln Way Park, within the neighborhood, provides a playground, ball fields, and picnic areas, while the nearby Jones Park offers extensive recreational facilities. Additional outdoor activities can be found at Beverly Park Mountain Bike Trailhead and the Sac & Fox Trail. The neighborhood primarily consists of small ranch-style homes with some traditional architecture, making it a budget-friendly option for starter homes. The College Community School District serves the area, with schools offering open enrollment and various educational opportunities.

Home Trends in Lincolnway Village, IA

Housing Trends

Median Single Family Sale Price
$599,900
Average Price Per Sq Ft
$254
Number of Homes for Sale
1
Last 12 months Home Sales
0
Median List Price
$635,000
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