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    Hiawatha, IA Multifamily Properties for Sale

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    Cedar Rapids, IA Robins, IA Marion, IA
    New Multifamily Property in Hiawatha
    $850,000
    5,250 SF

    New Multifamily Property in Hiawatha

    225 Clymer Road, Hiawatha, IA 52233

    Newly constructed triplex with immediate income and strong hold potential.

    • Brand‑new multifamily property under construction (Year built 2026) with three two‑story units in Hiawatha
    • Current rent roll of $6,500/month with approximately $78,000 gross annual income
    • Approximately 7.72% cap rate based on $850,000 purchase price and $65,600 NOI
    • Each unit offers approx. 1,750 finished SF with 3 bedrooms and 2.5 bathrooms, plus a main‑level half bath
    • Modern unit features include white cabinetry, quartz countertops, and stainless steel appliances
    Updated: Feb 17
    View details
    Multifamily Triplex in Hiawatha
    $850,000
    5,250 SF

    Multifamily Triplex in Hiawatha

    225 Clymer Rd, Hiawatha, IA 52233

    Multifamily property featuring three units in Hiawatha, Iowa.

    • Multifamily Property
    • Features 3 Units
    • Year Built: 2026
    Updated: Feb 13
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hiawatha, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Marion Duplex: Investor Opportunity
    $154,900
    1,600 SF

    Marion Duplex: Investor Opportunity

    Well-maintained Marion duplex with immediate income potential and long-term tenants.

    535 8th Avenue, Marion, IA 52302
    View details
    Updated Duplex in CedarRapids
    $235,000
    1,508 SF

    Updated Duplex in CedarRapids

    Well-maintained duplex with updated features and rental income.

    Cedar Rapids, IA 52405
    View details
    Marion Duplex: Investor Opportunity
    $154,900
    1,600 SF

    Marion Duplex: Investor Opportunity

    Well-maintained Marion duplex with long-term tenants and separate utilities.

    535 8th Ave, Marion, IA 52302
    View details
    Cedar Rapids Multifamily Investment Opportunity
    $705,000

    Cedar Rapids Multifamily Investment Opportunity

    Two six-unit buildings with garages, value-add potential.

    361 30th St Dr SE, Cedar Rapids, IA 52403
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Thunderhead Camper Lot
    $127,900
    0.34 Acres

    Lake Thunderhead Camper Lot

    Camper lot at Lake Thunderhead, steps from water and amenities.

    24114 Arrow Wood Court, Unionville, MO 63565
    View details
    Improved Residential Lot Ready-to-Go
    Contact for pricing

    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065
    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details
    Bethany Land Ready For Development
    $300,000
    10.00 Acres

    Bethany Land Ready For Development

    10-acre commercial property with development potential near I-35.

    0 N 41st St, Bethany, MO 64424
    View details

    Hiawatha, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Hiawatha, IA on our real estate platform. These investment opportunities span a total of 10,500 square feet of properties for sale, with an estimated market value of $1,700,000.

    Sale prices for multifamily properties in Hiawatha, IA start at $850,000, averaging $850,000, and reaching up to $850,000 — 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

    Triplexes 2

    Property Size Breakdown

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

    Demographics Overview

    Population 7,008
    Population Growth (5Y) -2.0%
    Median Household Income $66,497
    College Educated 41.5%

    High-Yield Neighborhoods for Investment

    Identify Hiawatha submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    52233 $850K

    Taxes & Financing

    Tax Rate (average for all types) 2.76%
    Property Tax per SF $40.22 per sq ft
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

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