Multi Family homes for sale & real estate in Cedar Rapids, IA

Multi Family Home for sale in Cedar Rapids, IA:

This unique multi-family property offers tremendous potential with a mix of residential and commercial units. Upstairs are two 3 bedroom apartments currently rented by the room. The lower-level features two commercial zoned units, each approximately 800 Square feet. Both units offer an office and bathroom in each unit along with additional storage in the back. he upper units come fully furnished, including all essentials for immediate occupancy. Each unit includes complete kitchenware, dining room furniture, living room furniture, and all bedroom furnishings such as beds, nightstands, lamps, mini-fridges, and shelving in every bedroom. Don't miss out on this prime opportunity! Please allow

Multi Family Home for sale in Cedar Rapids, IA:

Fixer-upper with 2 units both have 2 beds, 1 bath, and there is a 2 stall garage. This home could easily be converted back to single family. This property offers great potential for renovation and customization This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. A viewing release must be signed and returned to our office before showing this property.

Multi Family Home for sale in Cedar Rapids, 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 $472.00. 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 be purchased with adjacent property 317 8th St SE, Cedar Rapids MLS #2406835 parcel 14214-80002-00000. 24 hour notice for the occupied unit.

Multi Family Home for sale in Cedar Rapids, IA:

3 Units in this investment building. Two 2 Bedroom/1 Bath units on the main floor. Upper level has a 2 Bedroom, 2 Bath unit with an outdoor deck. Unit 1 $650, Unit 2 $600, Unit 3 $775, with room for increased rents. All tenants are Month to Month. Metal Roof. Must be purchased with Adjacent Property 728 4th Ave SE parcel 14214-80001-00000. 24 Hour notice for all showings.

Multi Family Home for sale in Cedar Rapids, IA:

Fantastic investment opportunity in a well-maintained triplex located in a desirable neighborhood! This income-generating property offers three units: a 1-bedroom, a 2-bedroom, and a spacious 3-bedroom apartment. Each unit has been thoughtfully designed with comfortable living spaces, and the property boasts low-maintenance vinyl siding and many newer vinyl windows. A parking pad provides ample off-street parking for tenants. With steady rental income and great curb appeal, this property is an excellent addition to any investor’s portfolio

Multi Family Home for sale in Cedar Rapids, IA:

Ellis Flats is a 3 bed/2.5-bathroom duplex property with 12 units in total. These luxury units include a two-stall attached garage, extended storage on each level, washer/dryer in unit, and an exclusive rooftop patio where all residents may enjoy their free time in warmer months. Interior finishes include stainless steel kitchen appliances, granite counter tops, tile back-splash, built-in breakfast bar, separate dining area, & more. Ellis Flats is just minutes from the ever-popular Ellis Park. This park has an 18-hole golf course, water skiing facilities, ball diamonds, swimming pool, tennis courts, sand volleyball courts, & more. * * * 48 hour notice to show and no weekend show

Multi Family Home for sale in Cedar Rapids, IA:

* INCLUDES 1606 OAKLAND RD NE, CEDAR RAPIDS. 12 one bedroom apts in one building and a older home duplex with a two bedroom lower unit and a one bedroom upper. Detached two car garage included. Convenient location on the bus line and close to the Oakland Rd Hyvee store. Good rental history. Financials available upon request. All showings require 48 hours notice and set-up through the listing agent. Buyer and Buyers Agent must verify all measurements, school districts and any additional information the buyer my find prudent to the purchase of this property. Measurements are from the City of Cedar Rapids Assessor.

Multi Family Home for sale in Cedar Rapids, IA:

Looking for a great investment property, look no further this unique duplex offers a bonus apartment thats apart of the lower level. lower unit vacant rent  1100 upper unit occupied  rent 700 deposit 1400 6moth lease expires in April 2024. Tenants pays own utilities

Multi Family Home for sale in Cedar Rapids, IA:

Nice SW 10 plex on Wilson Ave SW near Westdale. 6 - 2 bedroom and 4 - 1 bedroom. 10 garages. Kitchens complete with stoves, referigators, and dishwashers. Two laundry rooms each with a coin operated washer and dryer , appliances owned by seller. Units are all rented. Good rental history. Boiler is 5 years old. Each unit has window/ wall air condition units. Atttached to this listing is detailed income and expense information.