A well-maintained and recently updated up/down duplex offering a strong investment opportunity with room to grow. This property features two functional units with desirable layouts. The upper unit includes one bedroom, a living room, dining area, and kitchen, while the lower unit offers one bedroom plus a non-conforming bedroom (no closet), along with a living room, kitchen, and one bathroom, providing added flexibility and appeal for tenants. Recent updates include fresh paint, new flooring, bathroom improvements with a tiled shower in the lower unit, and updated appliances, making the property clean, comfortable, and move-in ready. These updates help minimize immediate maintenance needs while still leaving opportunity for a new owner to further enhance the property over time. Situated on a spacious lot with mature trees and located in SE Cedar Rapids with convenient access to downtown, schools, and surrounding amenities, this property offers a great combination of stability and potential. Whether youâ??re looking to expand your portfolio or get started with a multi-family investment, this is a solid option with both immediate usability and future upside. *photos of upper unit*
Great opportunity to acquire Creekside Apartments. This property, located just off Williams Blvd SW and 16th Ave SW in Cedar Rapids, Iowa, consists of 76 residential apartment units. Unit makeup consists of 17 studio apartments, 38 1Bd/1Ba, 16 1Bd/1Ba (2-lvl), 4 2Bd/1Ba, and 1 3Bd/2Ba. The sale also includes 13 attached garage units. The property sits on approximately 2 Acres of ground and contains 92 surface parking stalls.
329 on 12th is a Mixed-Use Investment opportunity located in the heart of the NewBo District in Cedar Rapids, Iowa. Built in 2017, this Class A Investment property consists of 20 market-rate residential apartment units and 9,398 SF of fully leased Commercial Office space. For more information about 329 on 12th or to schedule a showing, contact listing broker only. Confidentiality Agreement required to view the Offering Memorandum, contact listing broker.
Cedar Rapids is located in Iowa. 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.
