Linn County, IA Multifamily Properties for Sale

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41 properties

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Updated: Jul 25

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 1,725 SF of retail space on the main floor
Two recently renovated 2‑bedroom apartments on the 2nd level
Includes parcel 14223‑33002‑0000, the parking lot immediately behind the building
Main‑floor retail was most recently built out for a salon, with infrastructure in place (FF&E removed)

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This listing looks promising.

Here's a quick look at some key insights for

1056 5th Ave SE, Cedar Rapids, IA 52403

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Est. Cap Rate

9.2%
Above avg (5.9%)
Est. NOI

$33K
Annual
Price @ 7% Cap

$466K
Above asking
Property Type

Retail Stores
Built 1950

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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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Historic Triplex with Courtyard

1024 18th Street, Marion, IA 52302

$275,000

2,649 sqft 0.26 AC lot

Three residential units occupy a wood-frame home with original character, private outdoor space, and detached parking improvements.

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Side-by-Side Duplex

375 - 385 9th Avenue, Marion, IA 52302

$235,000

1,428 sqft 0.17 AC lot

Two separately leased units provide distinct outdoor areas, carports, and private storage.

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Improved 4-Unit Multifamily Property

2841 Cory Ct 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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Two-Unit Frame Duplex

537 8th Avenue, Marion, IA 52302

$180,000

1,683 sqft

Two-level residential income property with matching two-bedroom, one-bath layouts and proximity to local shopping, dining, and schools.

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Five-Room Duplex Property

1532 D Ave NE, Cedar Rapids, IA 52402

$226,000

1,835 sqft 0.19 AC lot

Separate laundry facilities serve both floors, alongside shared common areas for the individually rented rooms.

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Two-Unit Six-Bedroom Duplex

1990 8th Avenue, Marion, IA 52302

$230,000

2,796 sqft 0.20 AC lot

Upper and lower residences each contain three bedrooms and one bathroom, with tenants already in place.

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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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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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Two-Unit Frame Duplex

366 7TH Avenue SW, Cedar Rapids, IA 52404

$160,000

1,352 sqft 0.18 AC lot

Two residential units offer matching two-bedroom, one-bath layouts with ongoing occupancy.

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Victorian Triplex with Garage

1024 18th Street, Marion, IA 52302

$275,000

2,649 sqft

Three separate units support residential income use or a multigenerational living arrangement.

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Updated Two-Unit Duplex

535 8th Avenue, Marion, IA 52302

$154,900

1,600 sqft 0.17 AC lot

Month-to-month tenants occupy both units, with most utilities separately metered and paid by tenants.

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Up/Down Duplex with Rear Parking

535 8th Ave, Marion, IA 52302

$154,900

Two-unit residential property with largely separated utilities and tenant-paid utility service.

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Residential Income Multi-Family

4681 Vasey Ave, Marion, IA 52302

$260,000

Residential income multifamily property for sale in Marion, Iowa.

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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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Two-Level Duplex

537 8TH Avenue, Marion, IA 52302

$180,000

1,683 sqft

Residential income property with matching living arrangements near shopping, dining, schools, and local amenities.

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Updated Two-Unit Duplex

815 5TH Avenue, Marion, IA 52302

$199,900

1,848 sqft

Two separate residences offer distinct layouts, recent improvements, and the option for owner occupancy with rental income.

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Up-and-Down Duplex with Alley Access

1521 Washington, Cedar Rapids, IA 52403

$135,000

2,130 sqft

Up-and-down duplex with two 2-bedroom units and an oversized, alley-accessible backyard for expanded parking options.

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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

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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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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Historic Two-Unit Duplex

1990 8TH Avenue, Marion, IA 52302

$230,000

2,796 sqft

Both residences are occupied by existing tenants, providing an established duplex configuration.

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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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Linn County, IA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Linn County, IA, showcased through 41 active listings on our real estate platform. These investment opportunities span a total of 289,052 square feet of properties for sale, with an estimated market value of $29,196,699.

Sale prices for multifamily properties in Linn County, IA start at $135,000, averaging $1,167,867, 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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