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Cedar Rapids, IA Apartment Buildings for Sale

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Multifamily Complex in Cedar Rapids
$1,375,000
13,248 SF

Multifamily Complex in Cedar Rapids

120-126 NE 32Nd St, Cedar Rapids, IA 52402

23-unit multifamily property with remodeled units and easy access.

  • Multifamily complex featuring 23 units with a mix of 1, 2, and 3‑bedroom options plus efficiency unit.
  • 10 units fully remodeled in the last two years.
  • Located in a great area with easy access.
  • Each unit is equipped with its own furnace and AC.
  • Increase rental income by furnishing units for short‑term rentals; proven to double rent on 2 units.
Updated: Dec 1, 2025
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Cedar Rapids Multifamily Investment Property
$165,000
2,776 SF

Cedar Rapids Multifamily Investment Property

1249 3Rd Ave SE, Cedar Rapids, IA 52403

Five-unit multifamily building with a solid rental history in Cedar Rapids.

  • Solid rental history with consistent occupancy and reliable tenants.
  • Five‑unit multifamily building (5‑plex) with five one‑bedroom units.
  • Two units feature in‑unit laundry.
  • City inspection completed in July 2024, ensuring code compliance.
  • Tenants pay their own electric bills.
Updated: Dec 15, 2025
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Charming Condo with Open View
$195,000

Charming Condo with Open View

Two-story condo with view, two-stall garage, close to amenities.

3555 Stoney Point Rd, Cedar Rapids, IA 52404
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Updated Condo with Modern Finishes
$117,500

Updated Condo with Modern Finishes

Move-in ready 2-bedroom condo with updated features and garage.

869 Kerry Ln SE, Cedar Rapids, IA 52403
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Spacious Ranch-Style Condo in 55+ Community
$225,000
2,366 SF

Spacious Ranch-Style Condo in 55+ Community

Immaculately maintained 3-bedroom condo with ample space and luxurious features.

100 Thompson Dr SE, Cedar Rapids, IA 52403
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Based on your search, we've compiled 145 Potential Opportunities for your consideration. Besides 5 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 136 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

North Liberty Apartment Complex
$3,685,000
4.00 Acres

North Liberty Apartment Complex

9-Unit Multifamily Investment Opportunity

1559-1672 Ponds Edge Ct, North Liberty, IA 52317
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Private Condo with Garage
$165,000
980 SF

Private Condo with Garage

Two bed, two bath condo with a one-car garage.

1080 Rachael St, North Liberty, IA 52317
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Gateway District: Iowa City Land
Contact for pricing
1.00 Acre

Gateway District: Iowa City Land

Prime Iowa City commercial land, I-80 access.

0 Dubuque St, Iowa City, IA 52245
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Iowa City Multifamily Investment Opportunity
$1,875,000
12,168 SF

Iowa City Multifamily Investment Opportunity

Two well-maintained buildings near University of Iowa offer redevelopment potential.

5 Woolf Ave, Iowa City, IA 52240
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Explore Off-Market Properties in Cedar Rapids, IA

Consider similar Off-Market properties in Cedar Rapids, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

100 66Th Ave

100 66Th Ave

Multifamily properties • 42,000 SF
Value Estimation by Request
100 66Th Ave, Cedar Rapids, IA 52404
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60 Miller Ave

60 Miller Ave

Multifamily properties • 36,000 SF
Value Estimation by Request
60 Miller Ave, Cedar Rapids, IA 52404
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120 Cedar Rpd

120 Cedar Rpd

Multifamily properties • 13,248 SF
Value Estimation by Request
120 Cedar Rpd, Cedar Rapids, IA 52402
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117 Rapids Ave

117 Rapids Ave

Multifamily properties • 5,040 SF
Value Estimation by Request
117 Rapids Ave, Cedar Rapids, IA 52404
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2107 Blairs Ferry Rd

2107 Blairs Ferry Rd

Multifamily properties • 16,093 SF
Value Estimation by Request
2107 Blairs Ferry Rd, Cedar Rapids, IA 52402
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363 30Th Street Dr

363 30Th Street Dr

Multifamily properties • 11,616 SF
Value Estimation by Request
363 30Th Street Dr, Cedar Rapids, IA 52403
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2131 Blairs Ferry Rd

2131 Blairs Ferry Rd

Multifamily properties • 8,055 SF
Value Estimation by Request
2131 Blairs Ferry Rd, Cedar Rapids, IA 52402
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1236 O Ave NE Pl

1236 O Ave NE Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 3,584 SF
Value Estimation
$290,000
1236 O Ave NE Pl, Cedar Rapids, IA 52402-6560
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1224 O Ave NE Pl

1224 O Ave NE Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 3,584 SF
Value Estimation
$270,000
1224 O Ave NE Pl, Cedar Rapids, IA 52402-6580
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3918 21st Ave SW Pl

3918 21st Ave SW Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 3,560 SF
Value Estimation
$220,000
3918 21st Ave SW Pl, Cedar Rapids, IA 52404-6303
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228 40th St SE Dr

228 40th St SE Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,160 SF
Value Estimation
$235,000
228 40th St SE Dr, Cedar Rapids, IA 52403-1066
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3101 Stoney Pt SW Rd, Unit 1

3101 Stoney Pt SW Rd, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 3,328 SF
Value Estimation by Request
3101 Stoney Pt SW Rd, Cedar Rapids, IA 52404-7245
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2219 Kenrich SW Dr

2219 Kenrich SW Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 3,372 SF
Value Estimation
$290,000
2219 Kenrich SW Dr, Cedar Rapids, IA 52404-2471
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1024 Ellis NW Blvd

1024 Ellis NW Blvd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,800 SF
Value Estimation
$165,000
1024 Ellis NW Blvd, Cedar Rapids, IA 52405-2551
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1018 Bridgit SE Ct

1018 Bridgit SE Ct

APARTMENT HOUSE (UNDER 5 UNITS) • 4,146 SF
Value Estimation
$275,000
1018 Bridgit SE Ct, Cedar Rapids, IA 52403-4617
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906 C NW Ave

906 C NW Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 3,446 SF
Value Estimation
$355,000
906 C NW Ave, Cedar Rapids, IA 52405-3864
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1421 Sierra NE Dr, Unit A

1421 Sierra NE Dr, Unit A

APARTMENT HOUSE (UNDER 5 UNITS) • 3,395 SF
Value Estimation
$250,000
1421 Sierra NE Dr, Cedar Rapids, IA 52402-6502
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195 Wiley NW Blvd

195 Wiley NW Blvd

APARTMENT HOUSE (UNDER 5 UNITS) • 3,328 SF
Value Estimation
$230,000
195 Wiley NW Blvd, Cedar Rapids, IA 52405-4338
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1311 Ee NE Ave

1311 Ee NE Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 3,697 SF
Value Estimation
$240,000
1311 Ee NE Ave, Cedar Rapids, IA 52402
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Cedar Rapids, IA Apartment Buildings Investment Opportunities Market Analysis

Explore 140 apartment buildings for sale in Cedar Rapids, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 1,726,586 square feet of properties for sale, with an estimated market value of $45,195,000.

Prices for two-family homes in Cedar Rapids, IA start at $70,000, averaging $370,450, and reaching up to $16,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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