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    Cedar Rapids, IA
    Quadplex

    Cedar Rapids, IA Quadplexes for Sale

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    Marion, IA Hiawatha, IA Ely, IA Robins, IA Fairfax, IA Mount Vernon, IA Swisher, IA Toddville, IA
    Improved 4-Unit Multifamily Property
    Updated: Aug 28
    Improved 4-Unit Multifamily Property

    2841 Cory Ct SW, Cedar Rapids, IA 52404

    $315,000
    3,492 sqft
    Four‑unit quadplex with 3,492 square feet
    Each residence includes 2 bedrooms and 1 bathroom
    Fully leased multifamily property
    Roof, foundation, and HVAC improvements completed within the last five years
    Unit 1 received a complete remodel
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    This listing looks promising.

    Here's a quick look at some key insights for

    2841 Cory Ct SW, Cedar Rapids, IA 52404

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $402K
      Above asking

    • Last Sold

      Nov 2018
      $174K

    • Property Type

      Apartments (Generic)
      Built 1981
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Mixed-Use Building with Apartment Units
    Mixed-Use Building with Apartment Units

    510 E Burlington, Iowa City, IA 52240

    $875,000
    5,184 sqft

    Two street-level commercial spaces and four apartments share dedicated parking, supporting flexible mixed-use occupancy in Iowa City.

    View details
    4-Unit Quadplex with Updated Interiors
    4-Unit Quadplex with Updated Interiors

    911 Lafayette St, Waterloo, IA 50703

    $270,000
    3,632 sqft

    Fully occupied four-unit property with recent flooring, mechanical, bathroom, and deck improvements.

    View details
    Waterloo Fourplex Investment Opportunity
    Waterloo Fourplex Investment Opportunity

    911 Lafayette Street, Waterloo, IA 50703

    $270,000
    0.14 AC lot

    Fully occupied fourplex near downtown Waterloo with recent upgrades.

    View details
    Townhouse-Style 4-Plex
    Townhouse-Style 4-Plex

    2427 Petsel Pl, Iowa City, IA 52246

    Contact for pricing
    5,532 sqft

    West-side townhouse-style 4-plex with functional unit layouts and a long history of low vacancy.

    View details

    Cedar Rapids, IA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Cedar Rapids, IA on our real estate platform. These investment opportunities span a total of 3,492 square feet of properties for sale, with an estimated market value of $315,000.

    Sale prices for four-unit buildings in Cedar Rapids, IA average $315,000 — 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 16
    Duplexes 6
    Mobile home & RV parks 2

    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
    52402 $249.9K

    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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    Popular Searches in Cedar Rapids, IA

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    Most Searched ZIP Codes in Cedar Rapids, IA

    • 52404

    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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