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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Cedar Rapids, IA
Rental Income
Listed for sale 3 days ago
$ 175,000
ROI
33.2
Cash Flow/m
654- - Bed
- - Bath
- 1352 sft
366 7th Ave SW, Cedar Rapids, IA, 52404
Currently Rented
Listed for sale 6 days ago
$ 185,000
ROI
20.2Cash Flow/m
25- - Bed
- - Bath
- 2130 sft
139 32nd St NE, Cedar Rapids, IA, 52402
$ 169,000
ROI
26.7Cash Flow/m
328- 4 Bed
- 2 Bath
- 1536 sft
1016 32nd St NE, Cedar Rapids, IA, 52402
Currently Rented
$ 130,000
ROI
31.3Cash Flow/m
416- - Bed
- - Bath
- 2116 sft
514 16th St NE, Cedar Rapids, IA, 52402
Why Invest in Cedar Rapids, Iowa?
Cedar Rapids multi-family properties offer strong investment potential with robust demand and quick lease-up rates. The market features over 900 units under construction, signaling sustained renter interest. Average rents support solid cash flow while appreciation remains steady at 4% annually. Low vacancy trends and major employer stability enhance long-term returns. Landlord-friendly policies and infrastructure upgrades further boost multi-family appeal.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$1250/mo
Avg. Cash Flow
$1125/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, with over 900 units under construction and quick lease-ups, demand exceeds supply. Stable employers ensure reliable tenant pools. Appreciation around 4% adds equity growth potential.
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