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    Cedar Rapids, IA Residential Income Properties for Sale

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    Marion, IA Hiawatha, IA Robins, IA
    10 results
    Historic Mixed-Use Investment Opportunity
    $425,000
    4,647 SF
    Historic Mixed-Use Investment Opportunity

    219 16th Avenue SE, Cedar Rapids, IA 52401

    Mixed-use property with income potential in Cedar Rapids' Czech Village.
    • Immediate income from seller leaseback at $3,400/month.
    • Prime location in the New Bohemia/Czech Village district.
    • Includes adjacent 0.07‑acre parcel with green space, picnic tables, and park‑like setting suitable for patio or events.
    • Historic mixed‑use property with restaurant/bar potential.
    • Second‑floor 2 bed/2 bath apartment provides additional rental income.
    Updated: Apr 10
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    Multi-Use Commercial Investment Opportunity
    $350,000
    5,524 SF
    Multi-Use Commercial Investment Opportunity

    901 Oakland Road NE, Cedar Rapids, IA 52402

    Commercial property with shop, apartment, and storage space.
    • Leased main level shop space provides stable long‑term income through 2029.
    • Updated 2‑bedroom apartment offers additional rental income.
    • Extensive recent updates including new parking lot (2025), new electrical, and new furnace (2025). Updated siding and storefront improvements.
    • Huge, clean basement provides potential for additional storage, workspace, or future development.
    • Multi‑use commercial property offers strong income potential and value‑add opportunities.
    Updated: May 14
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    Cedar Rapids Commercial Opportunity
    $320,000
    3,050 SF
    Cedar Rapids Commercial Opportunity

    Turnkey bar/restaurant with apartment and storage in prime location.

    912 1st Ave, Cedar Rapids, IA 52405

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    Cedar Rapids Multifamily Investment
    $160,000
    1,352 SF
    Cedar Rapids Multifamily Investment

    Well-maintained duplex with immediate cash flow and long-term appreciation.

    366 7TH Avenue SW, Cedar Rapids, IA 52404

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    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

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    Cedar Rapids Investment Opportunity
    Contact for pricing
    14,000 SF
    Cedar Rapids Investment Opportunity

    Large mobile home community with industrial warehouse and agricultural land.

    100 Hames Street Southwest, Cedar Rapids, IA 52404

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    Historic Mixed-Use Property in Bohemia
    $425,000
    4,647 SF
    Historic Mixed-Use Property in Bohemia

    Mixed-use property with income potential in Cedar Rapids' Czech Village.

    219 16th Ave Se, Cedar Rapids, IA 52404

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    Creekside Apartments: 76 Units
    $3,300,000
    32,895 SF
    Creekside Apartments: 76 Units

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

    2939 12th Ave SW, Cedar Rapids, IA 52404

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    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

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    NewBo District Mixed-Use Investment
    $5,800,000
    29,240 SF
    NewBo District Mixed-Use Investment

    Mixed-use investment property in Cedar Rapids' NewBo District.

    329 SE 12th Avenue, Cedar Rapids, IA 52403

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, 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.

    New Multifamily Property in Hiawatha
    $850,000
    5,250 SF
    New Multifamily Property in Hiawatha

    Newly constructed triplex with immediate income and strong hold potential.

    225 Clymer Road, Hiawatha, IA 52233

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    Marion Two-Story Duplex Opportunity
    $315,000
    2,208 SF
    Marion Two-Story Duplex Opportunity

    Well-maintained duplex near schools and parks in Marion, Iowa.

    350 & 352 3rd Ave, Marion, IA 52302

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    Remodeled Mixed-Use Gem in Marion
    $225,000
    2,023 SF
    Remodeled Mixed-Use Gem in Marion

    Charming, remodeled 2-story property in historic Uptown Marion.

    448 7th Ave, Marion, IA 52302

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    Multifamily Triplex in Hiawatha
    $850,000
    5,250 SF
    Multifamily Triplex in Hiawatha

    Multifamily property featuring three units in Hiawatha, Iowa.

    225 Clymer Rd, Hiawatha, IA 52233

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    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.

    Visible Commercial Lot For Sale
    $1,100,000
    5.00 Acres
    Visible Commercial Lot For Sale

    5 acre commercial lot with high traffic count in Cedar Rapids.

    1220 Jacolyn Drive SW, Cedar Rapids, IA 52404

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    Residential Land in Cedar Rapids
    $61,610
    0.26 Acres
    Residential Land in Cedar Rapids

    Land for sale in Kestrel Heights development, Cedar Rapids, IA.

    2215 Kestrel Drive SE, Cedar Rapids, IA 52403

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    Residential Lot in Kestrel Heights
    $61,610
    0.25 Acres
    Residential Lot in Kestrel Heights

    Premium lot for building a dream home in Cedar Rapids.

    Cedar Rapids, IA 52403

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    Land in Kestrel Heights Development
    $61,610
    0.25 Acres
    Land in Kestrel Heights Development

    Land for sale in Cedar Rapids' Kestrel Heights development.

    Cedar Rapids, IA 52403

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    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)
    5,576 SF Lot: 0.17 Acres
    Value Estimation by Request

    1630 1st NE Ave, Cedar Rapids, IA 52402-5488

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    1024 Ellis NW Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,800 SF Lot: 0.15 Acres
    Value Estimation by Request

    1024 Ellis NW Blvd, Cedar Rapids, IA 52405-2551

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    1020 Ellis NW Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,800 SF Lot: 0.15 Acres
    Value Estimation by Request

    1020 Ellis NW Blvd, Cedar Rapids, IA 52405-2553

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    4002 Westover SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,456 SF Lot: 0.25 Acres
    Value Estimation by Request

    4002 Westover SE Rd, Cedar Rapids, IA 52403-1078

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    4016 21st SW Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,080 SF Lot: 0.23 Acres
    Value Estimation by Request

    4016 21st SW Ave, Cedar Rapids, IA 52404-6313

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    4012 21st SW Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,080 SF Lot: 0.23 Acres
    Value Estimation by Request

    4012 21st SW Ave, Cedar Rapids, IA 52404-6312

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    4004 Westover SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,428 SF Lot: 0.25 Acres
    Value Estimation by Request

    4004 Westover SE Rd, Cedar Rapids, IA 52403-1080

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    1617 A NE Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,944 SF Lot: 0.17 Acres
    Value Estimation by Request

    1617 A NE Ave, Cedar Rapids, IA 52402-5401

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    941 M SW St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,400 SF Lot: 0.19 Acres
    Value Estimation by Request

    941 M SW St, Cedar Rapids, IA 52404-2701

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    4016 Westover SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,428 SF Lot: 0.25 Acres
    Value Estimation by Request

    4016 Westover SE Rd, Cedar Rapids, IA 52403-1057

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    4018 Westover SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,428 SF Lot: 0.24 Acres
    Value Estimation by Request

    4018 Westover SE Rd, Cedar Rapids, IA 52403-1056

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    5105 Johnson SW Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,024 SF Lot: 10.49 Acres
    Estimated value
    $2,720,000
    Unit 1

    5105 Johnson SW Ave, Cedar Rapids, IA 52404-1171

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    524 4th SW St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,712 SF Lot: 0.10 Acres
    Value Estimation by Request

    524 4th SW St, Cedar Rapids, IA 52404-5800

    View details
    3918 21st Ave SW Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,560 SF Lot: 0.22 Acres
    Value Estimation by Request

    3918 21st Ave SW Pl, Cedar Rapids, IA 52404-6303

    View details

    Cedar Rapids, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Cedar Rapids, IA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 96,863 square feet of properties for sale, with an estimated market value of $121,015,000.

    Sale prices for residential income properties in Cedar Rapids, IA start at $160,000, averaging $13,446,111, and reaching up to $110,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Multifamily properties 8
    Apartment buildings 5
    Duplexes 2
    Mobile home & RV parks 1
    Single family properties 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    52405 $277.5K
    52402 $350K
    52401 $425K
    52404 $971.3K
    52403 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 3.09%
    Property Tax per SF $27.54 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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    Most Searched ZIP Codes in Cedar Rapids, IA

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