This is an exceptional chance to own a multifamily investment with significant upside potential. Spread across six buildings, each containing eight units, this 48-unit complex offers mostly 3-bedroom, 2-bathroom units with kitchens and living rooms. Each building features a common laundry, adding convenience for tenants and reducing operating costs. With pro forma projections estimating an average rental income of $1,200/month per unit and a conservative 50% expense-to-income ratio, this property is poised for impressive returns. The current owner has already invested in updating many units, with a reputable contractor ready to complete remaining renovations to maximize rent potential. Lease-up is currently underway, providing a solid start to cash flow for the new owner. Take advantage of the estimated $5.5 million ARV and secure this investment now while it’s on the path to stabilization. This property offers long-term growth potential in a market with high demand for quality rentals. Don’t miss this opportunity to acquire a potential high-yield asset with excellent projected returns.
This beautifully maintained condo offers an ideal combination of location and move-in-ready condition. Recently refreshed with new paint in the kitchen and bedrooms, this home features 2 spacious bedrooms and 2 full bathrooms, including a primary suite with a generously sized walk-in closet. The kitchen is perfect for both casual and formal dining, with an eat-in area, breakfast bar, and a formal dining space. Just off the living room, a spacious office provides a comfortable work-from-home option. With close proximity to schools, golf courses, shopping, and easy access to interstates, this condo is a must-see! ***1 Cat allowed with HOA APPROVAL
Welcome to this beautifully restored turn-of-the-century home in the highly desirable Vernon Heights neighborhood. Filled with historic character and thoughtful updates, this 3-bedroom classic offers the perfect blend of vintage charm and modern convenience. The home’s inviting full front porch sets a welcoming tone, leading you into a grand foyer with stunning original woodwork and hardwood floors. The spacious formal living and dining rooms feature timeless details that capture the elegance of a bygone era, while the updated kitchen pairs modern amenities with historic flair, including newer appliances that enhance everyday living. Meticulously maintained with updates made over the past several years, this home includes a new roof, gutters, downspouts, HVAC system, and hot water heater, so you can move in with confidence knowing the major projects have been completed. On the second level, you'll find three generous bedrooms, along with a charming 3-seasons room that makes a perfect office, sunroom, or cozy retreat. The expansive walk-up attic is a bright and versatile space that can easily serve as a 4th bedroom—just add a window unit that heats and cools for comfortable year-round use. The home also features a side entry located just a few steps from the garage, providing easy access for unloading groceries or coming and going with ease. The 1-car detached garage, built in 1994, offers additional storage space, alongside off-street parking and a quaint garden area. The partially finished basement boasts tall ceilings, a convenient half bath, and plenty of room for storage, making it a functional extension of your living space. Nestled in a mature, tree-lined neighborhood with nearby parks, this home provides a serene retreat while still being conveniently located between Mt. Vernon Road and 1st Avenue. Embrace the charm of a lovingly restored home where the hard work is already done, allowing you to simply enjoy its timeless beauty. Don’t miss out on this Cedar Rapids treasure — schedule your private showing today!
This spacious home has retained all of its charm and has convenient upgrades. You will be greeted by original woodwork, including beautiful built-ins in the formal dining room and hardwood floors throughout. The living room has space to spread out with a fireplace that has been updated to electric for safety and ease. The eat in kitchen, with new appliances and pantry space, leads to the sunlight 3 seasons room. On the second level, the primary bedroom has an attached room for an office, nursery or huge walk in closet, 2 more bedrooms (one with fresh paint and new carpet) and a full bath. The lower level has plenty of storage, a family room, workshop and another full bathroom. The entire HVAC system has been upgraded in the last year. You are close to everything you might need but not on a main road. Come tour your new home today!
Welcome home to this lovely split foyer boasting new LVP flooring and neutral tones. Newer roof, appliances and gutters make this move a sensible choice. New gas fireplace in the first floor family room plus a cozy rec room in the lower level for a man cave or quiet getaway. Two blocks to the elementary school. There is even a playhouse!! Great location and move in ready
What a swimmingly good value!! Hurry to see this completely updated, nicely located, move-in ready split foyer in a convenient location! Awesome remodeled kitchen with breakfast bar, tasteful gray cabinets, upgraded stainless appliances, leading to the formal eating area. Huge living room with upgraded carpet and tons of furniture space. Remodeled main bath, with all new counters, tub surround, fixtures & more. The lower level boasts an additional bonus bedroom/office or workout room, huge rec room, and a convenient half bath. The fenced yard offers an in-ground pool with slide, fire pit area, and room for kids to play. The pool comes complete with its own private bath and shower house, perfect for Summer entertaining. Over sized garage comes in at 414 sq. feet, with a large driveway, allowing for multi-car parking. Home warranty included, and immediate possession.
Don’t miss this well-maintained home. The main level boasts of a good-sized living room with an open stairway, dining room and nice spacious kitchen (newer appliances less than 1 year old) that has room for a table and plenty of counter space. Lots of updates throughout the home. Upstairs you will find a bath and 3 spacious bedrooms. The dry lower level has a rec room along with a utility/laundry room complete with washer and dryer. Newer windows and siding, also a shed and off-street parking. There is a neighborhood park just around the corner. Very nice home for the money!!
SELLER OFFERING $2,500 CREDIT! Use it toward closing costs, cosmetic updates, or however you choose! Step into this spacious 1.75-story home on Cedar Rapids’ NE side! With fresh paint and new flooring throughout, this home combines modern updates with classic charm. Enjoy large rooms, plenty of space to grow, and a generous backyard perfect for entertaining or unwinding. Located in a sought-after neighborhood with convenient access to local amenities, this home will not be on the market long. Schedule your showing today!
Open House:
Sunday, 12/1 8:00-9:30PM
3 bedroom 2 full bath ranch home ideally located on a quiet destination only street. Rare privacy as it backs to a green space. Most of the expensive updates have been done- now you can move in and start to decorate and add your own personal flare! New roof on house, garage and covered patio in 2021. Orangeburg replaced, high efficiency furnace and AC. Updated cement driveway, patio and garage floor- all in like new condition. Efficient vinyl windows. Hardwood floors. Coved ceilings. Huge finished lower-level retro rec room, perfect for pool table and comfy couches and comes complete with a retro modern bar/kitchenette area. A No-exit street for those who prefer destination-only traffic. Rare city lot backing to green space for those who seek more privacy and fewer neighbors. Close to new "coming soon" city bike trail. Easy access to Drs., Target, Pharmacies, Groceries and fun coffee shops. Washer and dryer included for additional value and could be moved up stairs into 3rd bedroom for one level living if or when needed. Home is being sold AS IS but with Inspections allowed. Please see the Buyer AS IS Inspection Addendum on MLS. Sellers are part of an estate and need to all sign in person. As such, please allow 24 hour response to all offers and paperwork. But every effort will be made to achieve this as fast as possible.
This beautiful ranch home offers unique features that stand apart from the typical residential property. With a total of 5 bedrooms, 3 full bathrooms, and 2,600 square feet of finished space, this home provides ample room for comfort and entertainment. It features a spacious living area with an open floor plan, a great room with a vaulted ceiling and gas fireplace. There are 3 bedrooms, including the primary on the main level with a walk-in closet and en-suite bath. The lower level features a cozy family room with a fireplace, a corner entertainment area equipped with televisions and sound system which will stay with the property, and a charming corner bar. 2 additional nice sized bedrooms with brand new carpeting can be found downstairs and a full bath with heated floors and tiled shower. Outdoors, a multi-level deck extends from the dining area, perfect for enjoying morning coffee or evening barbecues, all within a fenced backyard. The garage has great shelving storage. This home seamlessly combines comfort, style, and practicality, making it a must-see.
This move-in-ready 2-bedroom, 1.5-bath condo offers a spacious and functional layout in a prime location. The main floor features a bright living room with vaulted ceilings, creating an open and airy atmosphere. The well-equipped kitchen includes a breakfast bar, ideal for casual dining or entertaining, and the convenient half-bath adds to the functionality of the space. Upstairs, you'll find two generously sized bedrooms with plenty of closet space, as well as a full bathroom. The finished lower level provides a large family room, perfect for relaxation or additional living space, along with ample storage and a laundry area. Enjoy the outdoors on your private deck, and with a washer and dryer included, this condo has everything you need. Pets are welcome, and the property is conveniently located near shopping, with easy access to Highway 30 and 380 for a quick commute. Don’t miss the opportunity to make this well-maintained condo your new home!
Welcome Home! This beautiful slab home had a new roof, siding, gutters and garage post derecho. With the fresh paint job and new plank flooring this one is low maintenance and ready for the new owner! With a few personal touches this home could hold many memories whether is be family time in the living room or upgrading the large backyard into the entertaining summer spot for friends and family there is sure to be many stories to tell. Located in a quiet neighborhood not far from restaurants, shopping and with a short walk to either the elementary school or the country club this one is a must see!
Welcome home to this meticulously maintained 3-bedroom, 2-bathroom ranch home, nestled in the desirable southwest side of Cedar Rapids. Built in 2018, this property offers the perfect blend of modern convenience and the potential for personalized customization. Step inside and be greeted by an open-concept floor plan, designed for both comfortable living and effortless entertaining. The spacious living room flows seamlessly into the adjacent kitchen, creating a welcoming atmosphere ideal for family gatherings or quiet evenings at home. The kitchen featurs modern cabinetry, stainless steel appliances, and ample counter space – perfect for preparing delicious meals. Whether you're whipping up a quick dinner or hosting a holiday feast, this kitchen has you covered. Located on the southwest side of Cedar Rapids, this home enjoys a prime location, offering easy access to major highways, shopping centers, restaurants, and parks.
*For sale or build-to-suit.* Prime development ground available with Boyson Road frontage. One of the last remaining Boyson Road opportunities available. Well-suited for multi-family, mixed use, professional office, medical. This property is situated just east of Council Street, offering quick access to Hwy 100 and I-380.
Opportunity For Investors or Contractors looking for their winter project. Home was an upper and lower duplex could easily be converted kitchen remain upstairs. Utilities are off and have been for a while, Inspections are for the buyers own information, The property is sold As-Is, Where-Is. Seller has no knowledge, buyer should perform their due diligence and make their own assessments.
This two bedroom, one bathroom home on the NW side has so much to offer! As you enter from the large front deck the over-sized windows catch your eye, bringing in a ton of natural light. You'll find stainless steel appliances in the kitchen with a great layout flowing into a pantry area and main floor laundry. The backyard is a highlight with well maintained raised garden beds and a fenced in area for pets.
Interior photos are of similar property, color selections and upgrade will vary. Beautiful new construction home in the sought-after College Community school district, ideally situated near the interstate, shopping, and dining. This home showcases luxury vinyl plank flooring in the common areas and an inviting electric fireplace in the Great Room—perfect for cozy nights. The kitchen offers Quartz countertops and a single-level breakfast bar island, providing extra space for entertainment, along with a dining area that opens up to the deck. The walkout lower level is a blank canvas, ready for you to customize to your needs. Don't miss out on this fantastic opportunity!
Discover this beautifully updated three-bedroom ranch in the desirable Stoney Point neighborhood! This home boasts stunning hardwood floors on the main level, adding warmth and charm throughout. There’s a non-conforming bedroom in the finished lower level, complete with an impressive bar and a spacious rec room, perfect for entertaining. Outside, enjoy a large, fully fenced yard with a generous deck off the back, ideal for outdoor gatherings. An attached one-stall garage and a separate two-stall garage provide ample storage or hobby space. This home is a rare find—don’t miss it!
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!
Cedar Rapids, Iowa has a population of 136,512. Cedar Rapids is less family-centric than the surrounding county with 30.16% of the households containing married families with children. The county average for households married with children is 31.95%.
The median household income in Cedar Rapids, Iowa is $63,170. The median household income for the surrounding county is $70,360 compared to the national median of $69,021. The median age of people living in Cedar Rapids is 36.4 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 11.4 degrees. The average rainfall is approximately 36 inches per year, with 28.3 inches of snow per year.