Quadplex

Cedar Rapids, IA Quadplexes for Sale

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Marion, IA Hiawatha, IA Robins, IA Ely, 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 Court 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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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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.

4-Unit Quadplex with Garage
4-Unit Quadplex with Garage

1550 Dows St., Ely, IA 52227

$260,000
2,474 sqft

Four residential units with established tenancy, supplemental garage income, and additional outdoor space in Ely’s Old Town District.

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R-4 Quadplex With Parking
R-4 Quadplex With Parking

914 Boston Way, Coralville, IA 52241

$300,000
3,336 sqft

Four-unit residential income property with basement laundry space, on-site parking, and access to bus service and shopping.

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R-4 Fourplex with Parking
R-4 Fourplex with Parking

918 Boston Way, Coralville, IA 52241

$300,000
3,366 sqft

Four residential units with off-street parking, access to bus service, and nearby shopping.

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Four-Unit Property with Detached Garage
Four-Unit Property with Detached Garage

1550 Dows St., Ely, IA 52227

$260,000

Four one-bedroom units are supported by individually rented garage stalls and leases extending through April 2027.

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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 15
Duplexes 8
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
52404 $315K

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

Residential Income

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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