Multi-family houses For Sale in Cedar Rapids, IA

10-Unit Multifamily Residential Investment Opportunity. Includes 10 residential apartments, exclusive parking, and an adjacent 0.232-acre lot. Ideal for investors seeking multi-unit rental income.

12-unit condo building with 8 detached garages. Recently updated, well-maintained, and perfect for a long-term owner. Each unit features 2 bedrooms and 1 bathroom.

23-unit multifamily complex in Cedar Rapids. 10 units remodeled in the last two years. A mix of one-bedroom, two-bedroom, three-bedroom, and efficiency units. Ideal for investors seeking rental income.

Updated duplex with 2 rental units, new furnace/AC, fenced yard, 2-stall garage. Lower unit features 2 bedrooms, 1 bath, updated kitchen, fireplace, and unfinished basement. Upper unit has 1 bedroom and 1 bath. Move-in ready for tenants or owner-occupant. Sold as-is.

Well-maintained triplex with three units (1-bed, 2-bed, 3-bed), low-maintenance vinyl siding, newer vinyl windows, and ample off-street parking. Great investment opportunity with steady rental income.

Exceptional duplex in a peaceful Cedar Rapids neighborhood! Thoughtfully remodeled with low-maintenance features. Each unit rents for $875/month, professionally managed. Month-to-month leases allow for potential rental income increase. A perfect investment opportunity!

Fully occupied duplex with 2 updated units. Unit 1: 1 bed/1 bath. Unit 2: 2 bed/1 bath. In-unit laundry. Tenants pay all utilities. Recent updates include new water heater, exterior updates, fresh paint, and flooring.

Single-family home on a 0.657-acre lot with rental or commercial potential. Features 3 bedrooms, 1 bath, basement, detached garage, and new roof. General industrial zoning. Dogs on premises.

Fixer-upper with 2 units, each with 2 beds & 1 bath, plus a 2-stall garage. Easily converted to a single-family home. Great renovation potential. Eligible under the First Look Initiative.

Great way to get started investing with this solid 3 plex conveniently located near Coe College! Short walk to MOCO, Dairy Queen, Coe and Tic...

Well-maintained multi-unit home with updated features: newer roof, AC, electrical, windows, and appliances. Includes two 1-bed, 1-bath units, one currently occupied, and a 2-car detached garage. Great investment opportunity!

Beautiful duplex, each unit boasts 3 beds & 2 baths. Main floor has 2 beds/baths, finished basement adds another bedroom, rec room, and full bath with laundry. Detached 2-stall garage available for rent. 24-hour notice required.

Fully rented mixed-use building with 5 one-bedroom units and commercial space. Needs some maintenance but offers long-term investment potential. Ideal for investors seeking a multifamily and commercial property.

Investor opportunity! This well-maintained 4-plex in Southeast Cedar Rapids offers steady rental income with long-term tenants. Features three 2 bed/1 bath units and one 1 bed/1 bath unit. New roof (2023) and walkway (2022). Landlord pays water/gas; tenants pay electricity.

Renovated multifamily property in Cedar Rapids, IA, offering 4-bedroom, 2-bath units perfect for college students or families. Features include updated units, separate utilities, and potential for rent growth. Built in 2000 with recent upgrades.

5-unit multifamily investment property in Cedar Rapids with 100% occupancy, offering immediate returns and future development potential. Ideal for investors seeking long-term stability and growth.

Check out exceptional duplex in a peaceful northeast Cedar Rapids neighborhood! Over the years, the property has been thoughtfully remodeled, offering a low-maintenance investment opportunity....

10-plex on Wilson Ave SW near Westdale. Features 6 two-bedroom and 4 one-bedroom units, 10 garages, and 2 laundry rooms with coin-operated appliances. All units rented with good rental history. Boasts updated boiler and window/wall AC units.

48-unit multifamily investment opportunity with significant upside potential. Mostly 3-bedroom, 2-bathroom units, common laundry in each building, and projected high returns. Lease-up underway, renovations nearing completion. Ideal for investors seeking strong cash flow and long-term growth.

Well-maintained upper/lower duplex, vacant and ready for new owners. Previously rented for $650 each unit. Features a detached 2-stall garage with new garage doors. Below market price!