Multi Family homes for sale & real estate in 52403, IA

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ABOUT THIS HOME
Multi Family Home for sale in 52403, IA:
Historic charm meets modern investment opportunity in this well-maintained three-unit multifamily property located in the heart of Cedar Rapids. Listed on the Historical Registry, this beautifully preserved home features one efficiency apartment, one two-bedroom unit, and one spacious three-bedroom unit with one and a half baths—offering flexibility for a variety of tenant needs. Recent updates include new exterior paint in 2024, modernized electrical and plumbing systems, and thoughtful renovations throughout. Each unit has a strong rental history and long-term tenant stability. The property also offers a two-car detached garage with one heated bay, a fenced yard, and a convenient ce

$175,000

— beds— baths1,934 sq ft

1517 2nd Ave SE, Cedar Rapids, IA 52403

New exterior paint • Historic charm • 4,182 sq ft lot

$125,000

— beds— baths1,808 sq ft

1628-30 2nd Ave SE, Cedar Rapids, IA 52403

5,600 sq ft lot • 4 parking spots • Built 1899

ABOUT THIS HOME
Multi Family Home for sale in 52403, IA:
Great Investment Opportunity on the SE side of Cedar Rapids! This well-maintained multifamily property features four fully leased units-three-1 bedroom units, and 1-3 bedroom unit. Each unit is individually metered for gas and electricity. Owner pays water/garbage/recycling, and common area heat and electric. A shared, coin-operated laundry is available in the basement for added tenant convenience. Recent improvements included a full renovation of unit 4, featuring all new windows, doors, and refrigerator, Two other units have received minor updates including three new windows, and the wooden entry steps to the building have been rebuilt. Located near schools, parks, and public transit, th

$195,500

— beds4 baths2,299 sq ft

809 17th St St SE, Cedar Rapids, IA 52403

Shared laundry • New doors • Individually metered

ABOUT THIS HOME
Multi Family Home for sale in 52403, IA:
This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.

$185,000

— beds— baths2,776 sq ft

1249 3rd Ave Ave SE, Cedar Rapids, IA 52403

Common laundry area • Consistent occupancy • Solid rental history

READY TO BUILD

$282,500

3 beds2.5 baths1,646 sq ft

Timber - Modern/Craftsman Plan, Cedar Rapids, IA 52403

Compost center • Raised planter beds • Vineyards

Listing provided by Zillow

Property at 369 15th St SE, Cedar Rapids, IA 52403

$158,000

— beds— baths2,480 sq ft

369 15th St SE, Cedar Rapids, IA 52403

Property at 1416/1418 3rd Ave SE, Cedar Rapids, IA 52403

$150,000

— beds— baths2,748 sq ft

1416/1418 3rd Ave SE, Cedar Rapids, IA 52403

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ABOUT THIS HOME
Multi Family Home for sale in 52403, IA:
* * * Back on market. Previous Buyer unable to Close * * * This well-maintained upper/lower duplex is move-in ready with major updates already completed. Featuring new vinyl siding (2024), a brand-new steel roof (Aug. 2025), and energy-efficient vinyl windows throughout, this property is built for long-term low maintenance. The interiors have been fully renovated with new carpet and waterproof flooring, which is why the property is currently vacant and ready for new tenants or an owner-occupant. Sitting on a deep lot with potential for a future garage and offering excellent access to downtown and I-380, this duplex is a smart and convenient investment opportunity.

$105,000

— beds— baths1,558 sq ft

1613 A Ave NE, Cedar Rapids, IA 52402

7,492 sq ft lot • Very walkable

ABOUT THIS HOME
Multi Family Home for sale in 52403, IA:
Fully leased 5 Unit Property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must bed purchased with adjacent property 317 8th St SE, Cedar Rapids, MLS 2406835 parcel 14214-80002-00000. 24 Hour notice required.

$145,000

— beds— baths1,960 sq ft

728 4th Ave Ave SE, Cedar Rapids, IA 52401

3,964 sq ft lot • Very walkable

ABOUT THIS HOME
Multi Family Home for sale in 52403, IA:
3 Units in this investment building. Two 1 bedroom/1 bath units on the main floor. Upper Level has a 2 Bedroom, 2 Bath unit with an outdoor deck. Units 1 $700 per month (vacant), Unit 2 $650.00 per month, Unit 3 $775, with room for increased rents. All tenants are Month to Month. Metal Roof, Coin laundry on site. Must be purchased with adjacent property 728 4th Ave SE parcel 14214-8001-00000. 24 Hour notice required for all showings.

$165,000

— beds— baths2,040 sq ft

317 8th St St SE, Cedar Rapids, IA 52401

6,534 sq ft lot • Very walkable

$154,950

— beds— baths1,821 sq ft

943 18th St, Marion, IA 52302

7,797 sq ft lot • Very walkable

$210,000

— beds— baths2,438 sq ft

116 17th St NE, Cedar Rapids, IA 52402

5,000 sq ft lot • Garage • Very walkable

ABOUT THIS HOME
Multi Family Home for sale in 52403, IA:
Welcome to this meticulously cared-for and fully updated 4-plex, where no detail has been overlooked. This property offers 4 large 1 bedroom units. This property offers a prime investment opportunity with long-term tenants in 3 of the units, providing immediate, reliable income. From the moment you step inside, you'll appreciate the pride of ownership and the high standards of maintenance and upgrades throughout. Whether you're a seasoned investor or just starting to grow your portfolio, this property is a rare find. Don't miss out on the chance to secure a fully turnkey, high-demand multi-family asset. Same owner for the past 26 years.

$245,000

— beds— baths1,869 sq ft

1746 B Ave NE, Cedar Rapids, IA 52402

7,000 sq ft lot • Very walkable

Property at 139 32nd St NE, Cedar Rapids, IA 52402

$185,000

— beds— baths2,130 sq ft

139 32nd St NE, Cedar Rapids, IA 52402

Property at 1608 B Ave NE, Cedar Rapids, IA 52402

$139,000

— beds— baths2,077 sq ft

1608 B Ave NE, Cedar Rapids, IA 52402

Property at 6620-6670 Preston Terrace Ct SW, Cedar Rapids, IA 52404

$6,500,000

— beds— baths— sq ft

6620-6670 Preston Terrace Ct SW, Cedar Rapids, IA 52404

Property at 1213 11th St, Marion, IA 52302

$179,500

— beds— baths1,890 sq ft

1213 11th St, Marion, IA 52302

Property at 731-733 5th Ave, Marion, IA 52302

$199,000

— beds— baths2,479 sq ft

731-733 5th Ave, Marion, IA 52302

Property at 520 4th St SW, Cedar Rapids, IA 52404

$174,900

— beds— baths1,884 sq ft

520 4th St SW, Cedar Rapids, IA 52404

Property at 585 5th Ave, Marion, IA 52302

$149,999

— beds— baths1,872 sq ft

585 5th Ave, Marion, IA 52302

Property at 3403 1st Ave, Cedar Rapids, IA 52403

$750,000

— beds— baths9,154 sq ft

3403 1st Ave, Cedar Rapids, IA 52403

Property at 442 SW 5th Ave, Cedar Rapids, IA 52404, 4 baths

$1,375,000

— beds4 baths10,182 sq ft

442 SW 5th Ave, Cedar Rapids, IA 52404

Property at 329 SE 12th Ave, Cedar Rapids, IA 52401, 6 baths

$5,800,000

— beds6 baths34,290 sq ft

329 SE 12th Ave, Cedar Rapids, IA 52401

Multi Family Homes for Sale in 52403

There are currently 7 multi family homes for sale in 52403 at a median listing price of $154K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 52403 stay on the market for 192 days. This map is refreshed with the newest listings in 52403 every 15 minutes.

In the past month, 33 homes have been sold in 52403. In addition to houses in 52403, there were also 30 condos, 3 townhouses, and 2 multi-family units for sale in 52403 last month. Find your dream home in 52403 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 52403 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 52403. If you're looking to sell your home in the 52403 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 52403 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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