The median home value in Cedar Rapids, IA is $195,000.
This is
lower than
the county median home value of $208,200.
The national median home value is $338,100.
The average price of homes sold in Cedar Rapids, IA is $195,000.
Approximately 64.84% of Cedar Rapids homes are owned,
compared to 27.36% rented, while
7.81% are vacant.
Cedar Rapids real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Cedar Rapids real estate agent to arrange a tour today!
Brand NEW listing! You don't want to miss this one! Right down the road from NEWBO market and Czech Village so your close to the downtown activities! This 4 bedroom, 2 bath home is great! Huge living room for gatherings, large formal dining room, and a bonus family room towards the back of the house with a beautiful updated kitchen. 2 Stall garage and spacious backyard finish up the home! Come check this beauty out today! Newer siding, windows, furnace, roof, and water heater!
*INVESTOR ALERT* Exceptional opportunity to own a historical building in downtown Cedar Rapids with an NOI of $144,000+ in place. ‘The Warehouse on 3rd’ is a unique and well-cared for building, featuring onsite parking, beautiful hardwood floors, exposed beams, tall ceilings and natural light. Only two blocks away from the NewBo District and surrounded by amenities. Tenants include a salon, interior design studio, chiropractor, architecture studio, two landscape architecture studios, law firm, fitness studio, masonry construction company, logistics company, massage therapist. An opportunity for an owner/ occupant with 1,648 SF available on the top floor. The adjacent parking lot, parcel #14281-37002-00000 is included in this sale. Please contact Listing Agent for rent roll information and a list of reserved prospects.
Longest established coffee shop in downtown CR. Recently renovated. Updated furniture and equipment with projected 2024 sales of over $150,000. Great opportunity for an owner operated business. Landlord will allow assignment of lease to a qualified buyer. Common area in food court can be utilized for larger events plus outside seating is permitted. Seller is a licensed Realtor in the state of Iowa.
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.
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.
Incredible New York Style Rowhouse. Total luxury, nothing spared. Custom kitchen with Wolf Sub-Zero appliances, quartz counters, 2 fireplaces, custom sound system, motorized blinds and "Smart Home" technology. Please compare to other "LUXURY" condos. Too many upgrades to list. Guaranteed to be the nicest upscale unit in the area. Priced well below seller's investment. Call for list of amenities and more details.
Calling all travel nurse investors, first time buyers or those looking to add to your rental portfolio! Welcome to this nicely upgraded second floor unit located in the middle of everything downtown Cedar Rapids! Newer carpet, beautiful kitchen with upgraded counters & all appliances, two huge bedrooms with large closets, each offers their own private bath. Amazing water view and a great walking location via the attached Skywalk to bars, restaurants & shopping. Covered parking is available for a monthly fee just steps away within the parking ramp. Monthly dues cover the fitness center, rooftop patio with grill, cable TV, wireless internet & security system. Each room has its own air unit, perfect for your desired temperature control. Insanely priced unit with a modern flare, surrounded by the character of yesteryear. Pets welcome!
Calling all travel nurse investors, first time buyers or those looking to add to your rental portfolio! Welcome to this nicely upgraded third floor unit located in the middle of everything downtown Cedar Rapids! New carpet, beautiful kitchen with upgraded counters & appliances, two huge bedrooms with large closets, each offers their own private bath. Enjoy your own washer & dryer within this unit, amazing water view and a great walking location via the attached Skywalk to bars, restaurants & shopping. Covered parking is available for a monthly fee just steps away within the parking ramp. Monthly dues cover the fitness center, rooftop patio with grill, cable TV, wireless internet & security system. Insanely priced unit with a modern flare, surrounded by the character of yesteryear. Pets welcome!
Excellent opportunity to buy a TURN KEY well established bar/restaurant in a great Cedar Rapids location!! And the new bike trail will run right past it! You could own The Keg!! Completely remodeled in the last year this establishment sets up for a great place for patrons to have a great meal or to kick back after a long day!! Completely updated kitchen with new electrical, coolers, freezer, grills and more!! Does come with all the equipment and also a point of sale system! Updated HVAC. The list goes on and on!! Seller is willing to sell on contract with the right amount of down payment. Ask for details!! Inventory list attached.
You will have an opportunity to put your own spin on a perfectly located condo in downtown Cedar Rapids just blocks away from entertainment, shopping, and eateries. This great size condo is a excellent for the person who wants to be near the action or the person who wants to buy an investment property. The unit will get a new paint job prior to closing. All you need to do is put the new floors in, enjoy the nice view, and you will have a very nice investment. Additional amenities include a fitness center, roof terrace, and laundry facility. The property is listed below assessed value and lower than other similar units in the building due to the repairs needed. Set your showing and buy today!
Prime Investment Opportunity in the Heart of the NewBo District. This exceptional property is located in the vibrant and growing NewBo District, a hub for thriving local businesses. The building boasts a diverse range of tenants, with popular restaurants Brewhemia and Lacayo anchoring the main level. Additionally, an administrative office for the well-known Watts Group adds to the commercial appeal. The second floor features The Olympic South Side Theater, a stunning event space ideal for weddings, concerts, and private gatherings. The sale also includes an adjacent parking lot, adding significant value and convenience. For further details, contact the listing agents.