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    Cedar Rapids, IA
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    Cedar Rapids, IA Multifamily Properties for Sale

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    Marion, IA Hiawatha, IA Robins, IA Ely, IA Fairfax, IA Mount Vernon, IA Swisher, IA Toddville, IA
    19 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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    Two-Unit Duplex
    Updated: Sep 8
    Two-Unit Duplex

    366 7th Avenue SW, Cedar Rapids, IA 52404

    $165,000
    1,352 sqft 0.18 AC lot
    Two‑unit duplex with 1,352 square feet
    Each unit includes 2 bedrooms and 1 bathroom
    Long‑term tenants occupy both units
    Multi zoning
    0.179‑acre lot
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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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    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
    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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    Multifamily Property with Off-Street Parking
    Multifamily Property with Off-Street Parking

    1601-1607 Centerpoint Rd NE, Cedar Rapids, IA 52402

    $1,300,000
    7,168 sqft

    Two-bedroom residences offer central air, shared laundry, and dedicated 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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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    339 30th Street Drive SE, Cedar Rapids, IA 52403

    $177,000
    1,698 sqft

    Two-unit residential property with individual utility service, in-unit appliances, basement storage, and attached garage improvements.

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    Duplex with Garages and Storage
    Duplex with Garages and Storage

    327 30th Street Drive SE, Cedar Rapids, IA 52403

    $177,000
    1,628 sqft

    Two-unit property with separate utilities, tenant appliance packages, basement storage, and dedicated parking.

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    Updated Duplex with Garages
    Updated Duplex with Garages

    333 30th Street Drive SE, Cedar Rapids, IA 52403

    $177,000
    1,728 sqft

    Separate utility systems support tenant-paid utility arrangements.

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    Two-Unit Multifamily Property
    Two-Unit Multifamily Property

    366 7th Avenue SW, Cedar Rapids, IA 52404

    $165,000
    1,352 sqft

    Both residences offer two-bedroom, one-bath layouts with updates.

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    Creekside Apartments: 76 Units
    Creekside Apartments: 76 Units

    2939 12th Avenue SW, Cedar Rapids, IA 52404

    $2,999,000
    40,000 sqft 2.01 AC lot

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

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    Two-Story Mixed-Use Retail and Apartments
    Two-Story Mixed-Use Retail and Apartments

    1056 5th Ave SE, Cedar Rapids, IA 52403

    $354,999
    3,450 sqft

    Two-story mixed-use building with main-floor retail space and two renovated two-bedroom apartments above.

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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    2900/2912 1st Avenue NE, Cedar Rapids, IA 52402

    $625,000
    6,884 sqft

    Five restored spaces combine leased commercial businesses with two apartments and parking improvements.

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    The Medallion Apartments
    The Medallion Apartments

    1311 Oakland Rd, Cedar Rapids, IA 52402

    $2,750,000
    18,351 sqft

    Apartment property with a documented 15-year ownership history.

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    Improved 4-Unit Multifamily Property
    Improved 4-Unit Multifamily Property

    2841 Cory Court SW, Cedar Rapids, IA 52404

    $315,000
    3,492 sqft

    Fully leased residences offer two bedrooms, one bathroom, and off-street parking per unit.

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    Modified Duplex With Room Rentals
    Modified Duplex With Room Rentals

    1532 D Ave NE A & B, Cedar Rapids, IA 52402

    $226,000
    1,835 sqft

    Upper and lower levels provide five rented rooms, shared common areas, and laundry facilities on each floor.

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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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    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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    Cedar Rapids Investment Opportunity
    Cedar Rapids Investment Opportunity

    100 Hames Street Southwest, Cedar Rapids, IA 52404

    Contact for pricing
    14,000 sqft 207.00 AC lot

    Large mobile home community with industrial warehouse and agricultural land.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Cedar Rapids, IA, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    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

    Cedar Rapids, IA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Cedar Rapids, IA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 287,616 square feet of properties for sale, with an estimated market value of $35,730,999.

    Sale prices for multifamily properties in Cedar Rapids, IA start at $165,000, averaging $1,985,055, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 14
    Duplexes 9
    Mobile home & RV parks 1
    Quadplexes 1

    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
    52403 $224.3K
    52402 $359K
    52404 $1.3M
    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

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Cedar Rapids, IA

    • 52404
    • 52402
    • 52403
    • 52401

    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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