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    15 properties
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    Historic Five-Story Mixed-Use Building
    Updated: Aug 22, 2025
    Historic Five-Story Mixed-Use Building

    97 3rd Avenue SE, Cedar Rapids, IA 52401

    $12,400,000
    94,760 sqft
    32 stabilized market‑rate apartments
    61,500 SF of redeveloped commercial space, 65% occupied by long‑term tenants
    94,760‑square‑foot five‑story building constructed in 1904
    2016 renovations included solar, high‑efficiency HVAC, elevators, roof, and windows
    48 interior parking stalls provide additional income
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    This listing looks promising.

    Here's a quick look at some key insights for

    97 3rd Avenue SE, Cedar Rapids, IA 52401

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    • Est. Cap Rate

      6.5%
      Above avg (5.9%)

    • Est. NOI

      $802K
      Annual

    • Mortgage

      $6.06M
      Sep 2025

    • Property Type

      Skyscraper/High-Rise
      Built 1904
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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
    30-Unit Apartment Complex

    806 15th Avenue SW, Cedar Rapids, IA 52404

    $1,900,000
    0.66 AC lot

    Four buildings offer one- and two-bedroom layouts with shared laundry and off-street parking.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Creekside Apartments: 76 Units
    Creekside Apartments: 76 Units

    2939 12th Ave SW, Cedar Rapids, IA 52404

    Contact for pricing
    32,895 sqft 2.01 AC lot

    76-unit apartment complex in Cedar Rapids, Iowa for sale.

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    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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    High-Density Multifamily Property
    High-Density Multifamily Property

    2750 10th Street, Marion, IA 52302

    $297,000

    Multifamily property for sale currently zoned MR-2 High Density Multifamily Residential.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    120 32nd St NE, Cedar Rapids, IA 52402

    Contact for pricing

    Apartment building with 23 units in the Cedar Rapids metro, with recent updates and a roof maintenance plan.

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    Historic Multifamily Conversion Property
    Historic Multifamily Conversion Property

    860 17th St SE, Cedar Rapids, IA 52403

    Contact for pricing

    Historic property with 44 units plus common areas, a large commercial kitchen, storage, shop, laundry, offices, and garage.

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    Retail End-Cap with Outdoor Patio
    Retail End-Cap with Outdoor Patio

    900 3rd St SE Unit 100, Cedar Rapids, IA 52401

    Contact for pricing

    Ground-floor retail end-cap includes an outdoor patio and is positioned on highly visible 3rd St SE frontage.

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    Restaurant End-Cap with Outdoor Patio
    Restaurant End-Cap with Outdoor Patio

    900 3rd St SE Unit 700, Cedar Rapids, IA 52401

    Contact for pricing

    South end-cap restaurant space features an outdoor patio, within a mixed-use project offering flexible first-floor commercial suites.

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    Mixed-Use Development with Retail Suites
    Mixed-Use Development with Retail Suites

    900 3rd St SE Unit 600, Cedar Rapids, IA 52401

    Contact for pricing

    First-floor commercial suites are available in a mixed-use project with 183 market-rate apartments and a south end-cap patio.

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    HUD Apartment Buildings
    HUD Apartment Buildings

    2283 C St SW, Cedar Rapids, IA 52404

    Contact for pricing

    Two Iowa complexes comprise 387 units, with updates to roofs, HVAC, windows, appliances, flooring, and water heaters.

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    Restaurant End-Cap with Patio
    Restaurant End-Cap with Patio

    900 3rd St SE Unit Restaura, Cedar Rapids, IA 52401

    Contact for pricing

    South end-cap suite includes an outdoor patio and flexible first-floor commercial suite sizes in a new mixed-use project.

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    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    1600 3rd Ave SE, Cedar Rapids, IA 52403

    Contact for pricing

    Solid-brick construction and proximity to retail services support a practical multifamily configuration.

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    Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 15 Active listings in Linn County, IA, we suggest exploring several alternatives: similar 57 Off-Market properties to explore as potential leads

    Off-Market Properties in Linn County, IA

    Consider similar Off-Market properties in Linn County, 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

    $305,000
    Estimated value
    5,576 sqft 0.17 AC lot
    View details
    124 1st SW St
    APARTMENT HOUSE (UNDER 5 UNITS)

    124 1st SW St, Mount Vernon, IA 52314-1601

    $245,000
    Estimated value
    2,592 sqft 0.08 AC lot
    View details
    1024 Ellis NW Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

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

    $165,000
    Estimated value
    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

    $160,000
    Estimated value
    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

    $195,000
    Estimated value
    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

    $80,000
    Estimated value
    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

    $95,000
    Estimated value
    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

    $200,000
    Estimated value
    3,428 sqft 0.25 AC lot
    View details
    106 1st SW St
    APARTMENT HOUSE (UNDER 5 UNITS)

    106 1st SW St, Mount Vernon, IA 52314-4706

    $150,000
    Estimated value
    1,470 sqft 0.06 AC lot
    View details

    Linn County, IA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Linn County, IA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 209,053 square feet of properties for sale, with an estimated market value of $24,597,000.

    Sale prices for two-family homes in Linn County, IA start at $297,000, averaging $4,099,500, 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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    Featured Linn County Real Estate Agencies

    Realmo connects you with licensed Linn County 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
    Potter Real Estate
    642 10th Street Marion, IA 52302
    Phone: 13193775056
    www.pottercompanies.com

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