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Explore Similar Apartments Within 2 Miles of Vernon Heights, IA

  • /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
  • /22

    $105,000

    • 1,558 Sq Ft

    1613 A Ave NE, Cedar Rapids, IA 52402

    This well-maintained upper/lower duplex is move-in ready with major updates already completed. Featuring new vinyl siding (2024), a brand-new steel roof (Aug. 2025), and energy-efficient vinyl windows throughout, this property is built for long-term low maintenance. The interiors have been fully renovated with new carpet and waterproof flooring, which is why the property is currently vacant and

    Jeremy Emmert Realty87

    1613 A 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
  • /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
  • /10

    $145,000

    • 1,960 Sq Ft

    728 4th Ave SE, Cedar Rapids, IA 52401

    Fully leased 5 Unit Property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must bed

    Bryant Nicholson Affinity Real Estate Services

    728 4th Ave SE, Cedar Rapids, IA 52401
  • /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

    $215,000

    • 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
  • /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
  • /8

    $165,000

    • 2,748 Sq Ft

    1416 3rd Ave SE, Cedar Rapids, IA 52403

    4-Plex Alert! A rare opportunity to own a charming and income-generating 4-plex in one of Cedar Rapids’ most strategic and revitalized locations—close to the thriving MedQuarter district. Whether you’re a first-time buyer or looking to offset your mortgage with rental income, this property is a smart move.Featuring two spacious 1-bedroom units and two 2-bedroom units, this home offers flexibility

    Cindy Guckenberger Key Realty

    1416 3rd Ave SE, Cedar Rapids, IA 52403
  • /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
  • /13

    $189,000

    • 1,884 Sq Ft

    520 4th St SW, Cedar Rapids, IA 52404

    Randon Hill Epique Realty

    520 4th St SW, Cedar Rapids, IA 52404
  • /2

    $3,645,000

    25-85 Aossey Ln SW, Cedar Rapids, IA 52404

    Ronald Kelley KELLEY and CO., REALTORS

    25-85 Aossey Ln SW, Cedar Rapids, IA 52404

Why Live in Vernon Heights

Vernon Heights in Cedar Rapids, IA, is a historic neighborhood known for its classic architecture and peaceful, green surroundings. Established in 1917, the area features homes in Tudor, American Foursquare, bungalow, National, and Craftsman styles, often with full-sized lawns and mature trees. The community is welcoming and thoughtful, with residents who appreciate the charm of older homes. The highly rated Trinity Lutheran School offers private education for K-8 students. Vernon Heights is safer than the national average, appealing to families. Points of interest include the Brucemore Estate, a 26-acre historic site with gardens and an amphitheater, and Anderson Park, which offers playgrounds and open spaces. The NewBo City Market, less than 2 miles southwest, is a hub for food and boutique shopping, featuring local vendors like Anhs Bread Therapy. Essential amenities such as fast food options, Walgreens, and Hy-Vee Grocery Store are nearby. Mount Vernon Road provides direct access to downtown Cedar Rapids, less than 2 miles west, and Eastern Iowa Airport is 10 miles southwest via Interstate 380. Cedar Rapids Transit offers city-wide bus services. Community events are a highlight, with traditions like the Easter Egg hunt in Anderson Park and a Halloween parade. The Vernon Heights Neighborhood Association organizes block parties and dinners, fostering a strong sense of community. Despite Cedar Rapids' history of flooding, the city has implemented a comprehensive flood management system to mitigate future risks.

Home Trends in Vernon Heights, IA

Housing Trends

Median Sale Price
$225,000
Median Single Family Sale Price
$225,000
Average Price Per Sq Ft
$126
Number of Homes for Sale
9
Last 12 months Home Sales
36
Months of Supply
3.00
Median List Price
$220,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
14%
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