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    Cedar Rapids, IA
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    Cedar Rapids, IA Apartment Buildings for Sale

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    Marion, IA Hiawatha, IA Robins, IA Ely, IA Fairfax, IA Mount Vernon, IA Swisher, IA Toddville, IA
    8 properties
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    32-Unit Apartment Property
    Updated: Jul 2
    32-Unit Apartment Property

    16 Aossey Lane SW, Cedar Rapids, IA 52404

    $2,100,000
    36,000 sqft 1.52 AC lot
    32‑unit multifamily property across four 8‑unit apartment buildings
    Consistent unit layout with 2‑bedroom, 1‑bath apartments
    36,000 square feet of improvements on 1.52 acres
    RMF zoning and frame construction
    Built in 1996
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    30-Unit Apartment Complex
    Updated: Jun 18
    30-Unit Apartment Complex

    806 15th Avenue SW, Cedar Rapids, IA 52404

    $1,900,000
    0.66 AC lot
    30‑unit multifamily property across four buildings on 0.66 acres
    Unit mix includes 14 one‑bedroom and 16 two‑bedroom apartments
    New roofs, gutters, soffits, and vinyl siding completed since 2021
    All four boilers replaced in 2024
    Approximately 90% of units feature updated luxury vinyl plank flooring
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    Renovated Apartment Building
    Renovated Apartment Building

    210 19th St. NE, Cedar Rapids, IA 52402

    $2,000,000
    8,520 sqft

    Updated apartment interiors and mechanical systems support a refreshed multifamily property.

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    See hot listings in Cedar Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Building with Retail Tenants
    Mixed-Use Building with Retail Tenants

    1420 1st Avenue NE, Cedar Rapids, IA 52402

    $4,500,000
    28,270 sqft

    The property combines market-rate apartments with street-level space occupied by Scooter’s Coffee and Jimmy John’s.

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    32-Unit Apartment Building Portfolio
    32-Unit Apartment Building Portfolio

    16 Aossey Lane SW, Cedar Rapids, IA 52404

    $2,100,000
    36,000 sqft

    Four-building multifamily offering with two-bedroom, one-bath apartments and flexible acquisition options.

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    Historic Five-Story Mixed-Use Building
    Historic Five-Story Mixed-Use Building

    97 3rd Avenue SE, Cedar Rapids, IA 52401

    $12,400,000
    94,760 sqft

    Renovated in 2016 with apartments, commercial space, and interior parking.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    NewBo District Mixed-Use Investment
    NewBo District Mixed-Use Investment

    329 12th Ave Se, Cedar Rapids, IA 52401

    $5,800,000
    9,398 sqft 1.16 AC lot

    Mixed-use investment property in Cedar Rapids' NewBo District.

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    148-Unit Apartment Building
    148-Unit Apartment Building

    3710 12th Avenue Southwest, Cedar Rapids, IA 52404

    Contact for pricing

    Eleven buildings include a mix of studio, one-bedroom, and two-bedroom apartments, with renovations completed in a portion of the units.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Apartment Building with Vacant Commercial Space
    Apartment Building with Vacant Commercial Space

    320 2nd St, Coralville, IA 52241

    $5,950,000
    19,786 sqft

    Apartment complex featuring studio, two-bedroom, and three-bedroom units plus vacant commercial space on the north building.

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    Mixed-Use Property with Vacant Commercial Space
    Mixed-Use Property with Vacant Commercial Space

    320 2nd St, Coralville, IA 52241

    $5,950,000
    2.62 AC lot

    Includes short-term rental accommodations, management space, and additional commercial areas available for occupancy.

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    20-Unit Apartment Building
    20-Unit Apartment Building

    460 Cameron Way, North Liberty, IA 52317

    $3,900,000

    Every residence includes in-unit laundry, an individual HVAC system, and private garage parking.

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    20-Unit Apartment Building
    20-Unit Apartment Building

    460 Cameron Way, Unit 101-306, North Liberty, IA 52317

    $3,900,000

    Residents have in-unit laundry, individual HVAC systems, and private garage parking.

    View details

    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.

    1630 1st NE Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1630 1st NE Ave, Cedar Rapids, IA 52402-5488

    Estimated value:
    $305,000
    5,576 sqft 0.17 AC lot
    View details
    1024 Ellis NW Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1024 Ellis NW Blvd, Cedar Rapids, IA 52405-2551

    Estimated value:
    $165,000
    2,800 sqft 0.15 AC lot
    View details
    1020 Ellis NW Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1020 Ellis NW Blvd, Cedar Rapids, IA 52405-2553

    Estimated value:
    $160,000
    2,800 sqft 0.15 AC lot
    View details
    4002 Westover SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    4002 Westover SE Rd, Cedar Rapids, IA 52403-1078

    Estimated value:
    $195,000
    3,456 sqft 0.25 AC lot
    View details
    4016 21st SW Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    4016 21st SW Ave, Cedar Rapids, IA 52404-6313

    Estimated value:
    $80,000
    3,080 sqft 0.23 AC lot
    View details
    4012 21st SW Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    4012 21st SW Ave, Cedar Rapids, IA 52404-6312

    Estimated value:
    $95,000
    3,080 sqft 0.23 AC lot
    View details
    4004 Westover SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    4004 Westover SE Rd, Cedar Rapids, IA 52403-1080

    Estimated value:
    $200,000
    3,428 sqft 0.25 AC lot
    View details
    1617 A NE Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1617 A NE Ave, Cedar Rapids, IA 52402-5401

    Estimated value:
    $145,000
    2,944 sqft 0.17 AC lot
    View details
    941 M SW St
    APARTMENT HOUSE (UNDER 5 UNITS)

    941 M SW St, Cedar Rapids, IA 52404-2701

    Estimated value:
    $225,000
    2,400 sqft 0.19 AC lot
    View details
    4016 Westover SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    4016 Westover SE Rd, Cedar Rapids, IA 52403-1057

    Estimated value:
    $200,000
    3,428 sqft 0.25 AC lot
    View details
    4018 Westover SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    4018 Westover SE Rd, Cedar Rapids, IA 52403-1056

    Estimated value:
    $205,000
    3,428 sqft 0.24 AC lot
    View details
    5105 Johnson SW Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    5105 Johnson SW Ave, Cedar Rapids, IA 52404-1171

    Unit 1
    Estimated value:
    $2,260,000
    3,024 sqft 10.49 AC lot
    View details
    524 4th SW St
    APARTMENT HOUSE (UNDER 5 UNITS)

    524 4th SW St, Cedar Rapids, IA 52404-5800

    Estimated value:
    $150,000
    3,712 sqft 0.10 AC lot
    View details
    3918 21st Ave SW Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    3918 21st Ave SW Pl, Cedar Rapids, IA 52404-6303

    Estimated value:
    $170,000
    3,560 sqft 0.22 AC lot
    View details
    4405 Rushmore NE Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    4405 Rushmore NE Dr, Cedar Rapids, IA 52402-3009

    Estimated value:
    $350,000
    3,477 sqft 0.57 AC lot
    View details
    2100 Westdale SW Dr, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    2100 Westdale SW Dr, Cedar Rapids, IA 52404-6364

    Unit 1
    Estimated value:
    $16,300,000
    3,888 sqft 0.59 AC lot
    View details

    Cedar Rapids, IA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Cedar Rapids, IA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 212,948 square feet of properties for sale, with an estimated market value of $30,800,000.

    Sale prices for apartment complexes in Cedar Rapids, IA start at $1,900,000, averaging $4,400,000, and reaching up to $12,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 145K
    Population Growth (5Y) +3.0%
    Median Household Income $72,941
    College Educated 21.6%

    High-Yield Neighborhoods for Investment

    Identify Cedar Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52402 $2M
    52404 $2M
    52401 $9.1M

    Taxes & Financing

    Tax Rate (average for all types) 3.09%
    Property Tax per SF $27.54 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Linn County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Linn County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Cedar Rapids fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Cedar Rapids, IA

    • 52404
    • 52401
    • 52402

    Featured Cedar Rapids Real Estate Agencies

    Realmo connects you with licensed Cedar Rapids CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Coldwell Banker Hedges
    5408 Blairs Forest Way NE Cedar Rapids, IA 52402
    Phone: 13193678760
    cbhrealty.com
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