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    Linn County, IA Residential Income Properties for Sale

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    Des Moines, IA Cedar Rapids, IA Sioux City, IA Waterloo, IA Dubuque, IA Iowa City, IA Davenport, IA Cedar Falls, IA
    25 properties
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    Mixed-Use Building with Vacant Storefront
    Updated: Jun 16
    Mixed-Use Building with Vacant Storefront

    1569 First ave SE, Cedar Rapids, IA 52402

    $249,900
    2,666 sqft 0.13 AC lot
    2,666 sq. ft. mixed‑use property built in 1905 with a vacant commercial storefront and four residential apartments
    Residential unit mix: two currently occupied and two ready for leasing
    Commercial space on 1st Ave SE with off‑street parking included
    Recent updates include fresh paint and updated flooring
    Roof materials: shingle and membrane
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    This listing looks promising.

    Here's a quick look at some key insights for

    1569 First ave SE, Cedar Rapids, IA 52402

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $322K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1905
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    Two-Bedroom 8-Unit Apartment Portfolio
    Updated: Jul 2
    Two-Bedroom 8-Unit Apartment Portfolio

    16 Aossey Lane SW, Cedar Rapids, IA 52404

    $2,100,000
    36,000 sqft 1.52 AC lot
    32‑unit multifamily property with four well‑maintained 8‑unit buildings
    Spacious 2‑bedroom, 1‑bath apartments across the 32 units
    Built in 1996 with frame construction materials
    Buy as the full 32‑unit portfolio or by individual 8‑unit building
    Approximately 10 minutes from The Eastern Iowa Airport
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    Zoned RA Redevelopment Parcel
    Zoned RA Redevelopment Parcel

    6271 Edgewood Rd SW, Cedar Rapids, IA 52404

    $1,499,900
    2,064 sqft 2.34 AC lot

    Redevelopment-focused parcel offered for sale, with RA zoning and active area infrastructure planning nearby.

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    Two-Unit Duplex Income Property
    Two-Unit Duplex Income Property

    537 8th Avenue, Marion, IA 52302

    $180,000
    1,683 sqft

    A well-maintained duplex offering two two-bedroom, one-bath units with independent living arrangements.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    All-Brick Live-Work Building with Rooftop
    All-Brick Live-Work Building with Rooftop

    608 2nd Avenue SE, Cedar Rapids, IA 52401

    $950,000
    9,660 sqft

    Almost 10,000 finished live-work space includes a yoga studio, woodworking shop, multiple massage services, Airbnb studio, and a 4BR apartment.

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    Side-by-Side Duplex Income Property
    Side-by-Side Duplex Income Property

    375 - 385 9th Avenue, Marion, IA 52302

    $235,000
    1,428 sqft 0.17 AC lot

    Two adjacent units each with private patio, carport, and outdoor storage, with annual leases and tenant-paid utilities.

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    Turn-of-Century Duplex Investment
    Turn-of-Century Duplex Investment

    1990 8th Avenue, Marion, IA 52302

    $230,000
    2,796 sqft 0.20 AC lot

    Historic duplex with two separate 3-bedroom, 1-bath units in Marion, IA, offering turnkey income with tenants in place.

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    30-Unit Multifamily Apartment Complex
    30-Unit Multifamily Apartment Complex

    806 15th Avenue SW, Cedar Rapids, IA 52404

    $1,900,000
    23,590 sqft

    Well-maintained four-building apartment complex with updated interiors, off-street parking, and on-site laundry facilities.

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    Four-Building Multifamily Apartment Complex
    Four-Building Multifamily Apartment Complex

    806 15th Avenue SW, Cedar Rapids, IA 52404

    $1,900,000
    0.66 AC lot

    30-unit multifamily property with ample off-street parking, common laundry, and recent exterior and mechanical upgrades.

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    Cedar Rapids Multifamily Investment
    Cedar Rapids Multifamily Investment

    366 7TH Avenue SW, Cedar Rapids, IA 52404

    $160,000
    1,352 sqft 0.18 AC lot

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

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    Creekside Apartments: 76 Units
    Creekside Apartments: 76 Units

    2939 12th Ave SW, Cedar Rapids, IA 52404

    $2,999,000
    32,895 sqft 2.01 AC lot

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

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    Marion Duplex: Investor Opportunity
    Marion Duplex: Investor Opportunity

    535 8th Avenue, Marion, IA 52302

    $154,900
    1,600 sqft 0.17 AC lot

    Well-maintained Marion duplex with immediate income potential and long-term tenants.

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    Timberland with Creek and Cottage
    Timberland with Creek and Cottage

    1006 Irish Lane, Mount Vernon, IA 52314

    $895,000
    27.00 AC lot

    27-acre property with a 2004 one-bedroom cottage, multiple outbuildings, and a creek on the northwest side.

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    Side-by-Side Duplex Income Property
    Side-by-Side Duplex Income Property

    2902 Johnson Avenue, Cedar Rapids, IA 52405

    $250,000
    1,465 sqft

    Well-maintained side-by-side duplex with two 2-bedroom, 1-bath units and recently updated heating and cooling systems.

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    Recreational Timber Land with Creek
    Recreational Timber Land with Creek

    1000/1006 Irish Lane, Mount Vernon, IA 52314

    $2,200,000
    70.00 AC lot

    70 acres with mature timber, a creek, and a farmhouse plus cottage and multiple outbuildings.

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    Up-Down Duplex Investment Property
    Up-Down Duplex Investment Property

    535 8th Ave, Marion, IA 52302

    $154,900

    Two-unit up/down duplex with separate utilities and tenant-paid expenses, plus off-street parking behind the building.

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    Cedar Rapids Investment Opportunity
    Cedar Rapids Investment Opportunity

    100 Hames Street Southwest, Cedar Rapids, IA 52404

    Contact for pricing
    14,000 sqft 207.00 AC lot

    Large mobile home community with industrial warehouse and agricultural land.

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    Side-by-Side Duplex Investment
    Side-by-Side Duplex Investment

    350 & 352 3rd Ave, Marion, IA 52302

    $315,000

    Well-maintained two-story duplex with distinct unit mixes, garages, and current leases in place.

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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    1056 5th Avenue SE, Cedar Rapids, IA 52403

    $354,999
    1,725 sqft

    Two-story mixed-use building with main-floor retail space and two renovated apartments above, plus a dedicated rear parking lot.

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    Two-Building Multifamily Community
    Two-Building Multifamily Community

    3525 E Ave NW, Cedar Rapids, IA 52405

    Contact for pricing
    24,000 sqft

    Two buildings totaling 16 units, owned for more than 20 years and managed as a well-maintained income property.

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    Residential Income Property with Redevelopment Potential
    Residential Income Property with Redevelopment Potential

    6271 Edgewood Rd Sw, Cedar Rapids, IA 52404

    $1,499,900

    Investment property currently zoned RA (Residential Agriculture) with noted commercial redevelopment potential.

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    Historic Multifamily Conversion Property
    Historic Multifamily Conversion Property

    860 17th St SE, Cedar Rapids, IA 52403

    Contact for pricing

    Historic property with 44 units plus common areas, a large commercial kitchen, storage, shop, laundry, offices, and garage.

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    Retail End-Cap with Outdoor Patio
    Retail End-Cap with Outdoor Patio

    900 3rd St SE Unit 100, Cedar Rapids, IA 52401

    Contact for pricing

    Ground-floor retail end-cap includes an outdoor patio and is positioned on highly visible 3rd St SE frontage.

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    Mixed-Use Development with Retail Suites
    Mixed-Use Development with Retail Suites

    900 3rd St SE Unit 600, Cedar Rapids, IA 52401

    Contact for pricing

    First-floor commercial suites are available in a mixed-use project with 183 market-rate apartments and a south end-cap patio.

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    Linn County, IA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Linn County, IA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 132,924 square feet of properties for sale, with an estimated market value of $121,263,699.

    Sale prices for residential income properties in Linn County, IA start at $154,900, averaging $8,661,692, 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.

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