Hiawatha, IA
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    Hiawatha, IA Residential Income 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
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    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
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    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.

    Multi-Use Commercial Investment Opportunity
    $350,000
    5,524 SF
    Multi-Use Commercial Investment Opportunity

    Commercial property with shop, apartment, and storage space.

    901 Oakland Road NE, Cedar Rapids, IA 52402

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    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

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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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    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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    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.

    Residential Land in Timber Creek Estates
    $126,000
    1.24 Acres
    Residential Land in Timber Creek Estates

    Build your dream home in a beautiful country setting.

    2912 Timber Creek Ct, Hiawatha, IA 52233

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    Hiawatha Land in Timber Creek
    $126,000
    1.24 Acres
    Hiawatha Land in Timber Creek

    Over an acre of land in Timber Creek Estates.

    2912 Timber Creek Court, Hiawatha, IA 52233

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    Hiawatha Acreage in Dell Ridge
    $105,000
    1.42 Acres
    Hiawatha Acreage in Dell Ridge

    1.42-acre lot in Hiawatha's Dell Ridge subdivision.

    3055 Forrest Hill Ct, Hiawatha, IA 52233

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    Residential Land in Marion, Iowa
    $85,000
    0.26 Acres
    Residential Land in Marion, Iowa

    Versatile lot ready for duplex, condo, or patio home.

    Lot 1 Hunters Field 13th Addition, Marion, IA 52302

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    Hiawatha, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income 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 residential income 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Triplexes 2

    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 average 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 SF
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Linn County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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