Multi Family homes for sale & real estate in 52302, IA

Multi Family Home for sale in 52302, IA:

* * Investment Property Available in Cedar Rapids * * This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access. 2 units rents were doubled by furnishing them and renting short term. Each unit has its own furnace and AC. Tenants pay RUBs each month towards water. 48 Hours' Notice to Show.

Multi Family Home for sale in 52302, IA:

Don't miss your opportunity! This front/back duplex makes a nice investment property. The front unit has 3 bedrooms, 1.5 bathrooms, & a 2-stall garage. It is rented through November 30th, 2026 for $1,250/mo. The back unit has 1 bedroom, 1 bathroom, & 1 off-street gravel parking spot. It is rented with a month-to-month lease for $725/mo. The property has been updated & well-maintained, including a brand new AC unit for the front unit. Whether you're a first-time investor or a seasoned pro, this property is a great one to add to the portfolio!

Multi Family Home for sale in 52302, IA:

Well-maintained 4-unit multifamily property located in SW Cedar Rapids. Each unit offers 2 bedrooms and 1 bathroom in an upper/lower layout. All leases are currently month-to-month. The owner pays water, gas, and a portion of dumpster service; tenants are responsible for electric. Property improvements include a new boiler, new siding and gutters, two new patio doors, replacement of most windows (all but three), and updated flooring in two of the four units. A coin-operated washer and dryer are available on site for added convenience. This income-producing property presents an excellent opportunity for investors seeking a well-cared-for rental in a low-inventory market.

Multi Family Home for sale in 52302, IA:

Quality Four-plex with a blend of stability and opportunity. This property has been proudly owned by the same family for decades, delivering consistent rental income in a fantastic location just moments from 1st Avenue, with a short drive to Marion and the bustling Lindale Mall shopping district—convenience meets cash flow! This well-maintained investment features four spacious two-bedroom, one-bath units, each designed for comfortable living, plus an income-boosting common laundry in the lower level. Enjoy peace of mind with major updates already in place, including a new roof installed in 2023, and 18 replacement windows, a sliding patio door, and a large picture window all upgraded