Mound View Multifamily Homes & Duplexes for Sale

/40
$225,000
- 5 Beds
- 2 Baths
- 2,295 Sq Ft
1516 C Ave NE Unit A & B, Cedar Rapids, IA 52402

2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to

Rob McCain

Urban Acres Real Estate Corridor

(319) 220-5638

1516 C Ave NE Unit A & B, Cedar Rapids, IA 52402
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/6
$69,000
- 2,491 Sq Ft
1408 B Ave NE, Cedar Rapids, IA 52402

2 story, 2,491 sq ft, turn of the century home. Located a block from Coe College. Was most recently a 2 unit, owner-occupied duplex. It has city approval to be 3 units. Property is currently not habitable. Electricity has two separate meters. Gas and water are each on one meter. Includes a 4-stall garage off the alley at the back of the property. Property being sold in AS-IS condition. ANYONE

Katie Gombert Pinnacle Realty LLC

1408 B Ave NE, Cedar Rapids, IA 52402
/17
$240,000
- 3,240 Sq Ft
1912 A Ave NE, Cedar Rapids, IA 52402

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

1912 A Ave NE, Cedar Rapids, IA 52402
/5
$179,900
- 3,136 Sq Ft
1748 A Ave NE, Cedar Rapids, IA 52402

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

1748 A Ave NE, Cedar Rapids, IA 52402
/30
$249,900
- 3,565 Sq Ft
116 15th St NE, Cedar Rapids, IA 52402

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

116 15th St NE, Cedar Rapids, IA 52402
/11
$200,000
- 3,630 Sq Ft
1719 D Ave NE, Cedar Rapids, IA 52402

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

1719 D Ave NE, Cedar Rapids, IA 52402

Iowa Cedar Rapids Mound View

About Mound View

Mound View in Cedar Rapids combines historical charm with modern convenience. Located just northeast of downtown, it features a mix of 19th-century homes and contemporary constructions, attracting a diverse population. The area is known for its affordability compared to similar neighborhoods, with home prices ranging from the low $40,000s to the mid-$200,000s. Architectural styles include Tudor, Colonial, Victorian, Prairie, American Foursquare, and ranch-style houses, set on modest lawns with mature oaks and flowering trees. The neighborhood's grid layout and well-maintained sidewalks enhance its pedestrian-friendly nature. Mound View is safer than the national average, offering a quiet refuge for residents. Educational opportunities are robust, with the new Trailside Elementary School opening in fall 2024, followed by Franklin Middle School and the highly rated George Washington High School, which offers 25 AP courses and six world languages. Nearby, Coe College and Mount Mercy University provide higher education options. Recreational features include Daniels Park, a 24-acre space with a walking trail, splash pad, and sledding hills, as well as Tomahawk Park, which has playground equipment and a softball diamond. The central area, sometimes called the Irish District, offers dining and entertainment options, including the Old Neighborhood Pub and Moco Game Room and Hot Dog Bar. First Avenue provides shopping and fast food options, with grocery stores like Hy-Vee. Mound View is well-connected, with Interstate 380 and U.S. Route 151 nearby. Downtown Cedar Rapids and the PCI Medical Pavilion are less than 2 miles away, and Eastern Iowa Airport is under 10 miles south. Cedar Rapids Transit offers bus routes throughout the city.

Learn more about living in Mound View

Home Trends in Mound View, IA

On average, homes in Mound View, Cedar Rapids sell after 33 days on the market compared to the national average of 47 days. The average sale price for homes in Mound View, Cedar Rapids over the last 12 months is $138,351, up 10% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$140,000

Median Single Family Price

$139,500

Median 2 Bedroom Price

$494,900

Average Price Per Sq Ft

$125

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.70

Median List Price

$149,975

Median Discount From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Mound View, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $69,000 to $249,900, there's something for every budget. As of May, 2025 the median home price in Mound View, Cedar Rapids is $149,975, while the average sale price is $138,351, providing insight into local market trends. On average, multi-family homes spend 33 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Mound View, Cedar Rapids.

Multi-Family Homes in Nearby Neighborhoods

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Multi-Family Homes in Nearby Counties

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