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Mound View Multifamily Homes & Duplexes for Sale

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  • /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
  • /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
  • /4

    $140,000

    • 2,116 Sq Ft

    514 16th St NE, Cedar Rapids, IA 52402

    This duplex offers excellent flexibility for a new owner with existing leases in place. One unit features a newly signed one-year lease at $1,575 per month, while the second unit—occupied by a long-term tenant of over 10 years—currently rents for $525 per month. The lower-rent unit presents a strong value-add opportunity and could be converted into a furnished rental for traveling nurses or

    Jack Brundell INTREPID REAL ESTATE

    514 16th St NE, Cedar Rapids, IA 52402
  • /22

    $169,000

    • 3,136 Sq Ft

    1748 A Ave NE, Cedar Rapids, IA 52402

    Massive Tucked-Away Duplex Near Hospitals & Colleges! This gorgeous duplex is the perfect cash cow for any investor looking to grow their portfolio. Ideally located near both major hospitals and local colleges, this property offers strong rental demand and exceptional long-term potential. The upper unit is an oversized three-bedroom with huge rooms and tons of square footage — perfect for tenants

    Jeremy Trenkamp Realty87

    1748 A Ave NE, Cedar Rapids, IA 52402
  • /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

Why Live in 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 builds, 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 Colonial, Victorian, Prairie and ranch-style houses, set on modest lawns with mature oaks. The neighborhood's grid layout and well-maintained sidewalks enhance its pedestrian-friendly nature. Mound View's peaceful atmosphere offers 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.

Recreation options 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 spots, with grocery stores like Hy-Vee.

Mound View is centrally located in Cedar Rapids, 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 10 miles south. Cedar Rapids Transit operates bus routes throughout the city.

Home Trends in Mound View, IA

Housing Trends

Median Sale Price
$153,500
Median Single Family Sale Price
$153,500
Median 2 Bedroom Sale Price
$153,500
Median 1 Bedroom Sale Price
$103,200
Average Price Per Sq Ft
$123
Number of Homes for Sale
18
Last 12 months Home Sales
143
Months of Supply
1.50
Median List Price
$155,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-1%
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