Cedar Rapids, IA Duplexes for sale

Updated: Mar 30

Cedar Rapids Multifamily Investment

366 7TH Avenue SW, Cedar Rapids, IA 52404

$160,000

1,352 sqft 0.18 AC lot

2‑unit multifamily property with two separate residential units
Each unit offers a 2‑bedroom, 1‑bath layout
Frame construction
Built in 1900
Consistently occupied with long‑term tenants

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This listing looks promising.

Here's a quick look at some key insights for

366 7TH Avenue SW, Cedar Rapids, IA 52404

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Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$12K
Annual
Price @ 7% Cap

$169K
Above asking
Property Type

Multi-Family Dwellings
Built 1900

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Updated: May 4

Mixed-Use Retail and Apartments

1056 5th Avenue SE, Cedar Rapids, IA 52403

$354,999

1,725 sqft

Two‑story mixed‑use building with 1,725 SF retail space on the main level
Second level has two 2‑bedroom apartments, both recently renovated
Main‑floor retail was most recently built out for a salon; infrastructure remains in place, FF&E removed
Central air cooling; heating listed as "3"
Includes a dedicated rear parking lot (parcel 14223‑33002‑0000) immediately behind the building

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Remodeled Two-Story Duplex

2407 Petsel Place, Iowa City, IA 52246

$504,000

2,190 sqft 0.20 AC lot

Fully remodeled duplex with updated 2025 units and separate short- and long-term rental configurations.

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Side-by-Side Duplex Income Property

375 - 385 9th Avenue, Marion, IA 52302

$235,000

1,428 sqft 0.17 AC lot

Two adjacent units each with private patio, carport, and outdoor storage, with annual leases and tenant-paid utilities.

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Duplex with Separate Entrances

Iowa City, IA 52245

$215,000

Two 1-bedroom, 1-bath units with separate entrances and dedicated off-street parking for day-to-day convenience.

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Side-by-Side Duplex Investment

350 & 352 3rd Ave, Marion, IA 52302

$315,000

Well-maintained two-story duplex with distinct unit mixes, garages, and current leases in place.

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Cedar Rapids, IA Duplexes Market Trends and Statistics

Explore 2 duplexes for sale in Cedar Rapids, IA on our real estate platform. These investment opportunities span a total of 3,077 square feet of properties for sale, with an estimated market value of $514,999.

Sale prices for duplexes in Cedar Rapids, IA start at $160,000, averaging $257,499, and reaching up to $354,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
52404	$160K
52405	$235K
52403	$355K

Neighborhood

Average Price

52404

$160K

52405

$235K

52403

$355K

Cedar Rapids, IA Duplexes for Sale

366 7TH Avenue SW, Cedar Rapids, IA 52404

1056 5th Avenue SE, Cedar Rapids, IA 52403