Presented by: Keller Williams Legacy Group
Property Description
Discover a compelling investment opportunity with this well-maintained 2-unit multifamily property—ideal for both seasoned investors and those looking to enter the real estate market. This asset offers a strong combination of immediate cash flow potential and long-term appreciation. Each unit features a functional layout with 2 beds and 1 bath, with updates along the way. The property has been consistently occupied with long term tenants, offering reliable rental income with upside potential through rent optimization.
Interior Features
Bathrooms
Total Baths0
Other Interior Features
Air Conditioning Y/NYes
BasementFull, Concrete
Basement (Y/N)Yes
Heating Y/NYes
General
CityCedar Rapids
Construction MaterialsFrame, Stone
CoolingCentral Air
CountyLinn
Directions6TH ST SW TO 7TH AVE SW
Elementary SchoolTaylor
Garage Y/NYes
HOANo
HeatingForced Air, Gas
High SchoolJefferson
Legal DescriptionMURRAY'S 3RD LOT 5 & S 50' E 7.5' STR/LB 6 14
or as per abstract
Lot Size UnitsAcres
MLS AreaSW Quadrant
Middle/Junior High SchoolWilson
ModificationTimestamp2026-05-19T12:44:52.703-00:00
Number Of Units Total2
OwnerPaysWater
Pets AllowedYes
PossessionNegotiable
PostalCityCedar Rapids
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeResidential
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount$1,910
Tenant PaysElectricity, Gas
Virtual TourClick here
Year Built1900
ZoningRes
Zoning DescriptionRes
Exterior
Foundation DetailsPoured
Lot Dimensions7815
Lot Size Acres0.179
Lot Size Area0 sqft
Parking FeaturesParking Space(s)
Total Parking3
Water SourcePublic
Additional Details
Price History
Schools
Middle School
Wilson Middle School
