$2,100,000

16 Aossey Lane SW, Cedar Rapids, IA 52404

  • 36,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon1.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $58/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

32-unit multifamily property consisting of four well-maintained 8-unit buildings with spacious 2-bedroom, 1-bath apartments. The property has strong occupancy, consistent rental income, Conveniently located near shopping, restaurants, schools, parks, major roadways, and approximately 10 minutes from The Eastern Iowa Airport. Available for purchase as the complete 32-unit portfolio or by individual 8-unit building. Financial information and the rent roll are available upon request. Showings are by appointment only. Please do not disturb tenants. Sale includes the following parcels: 14342-51005-00000, 14342-51008-00000, 14342-51009-00000, and 14342-51004-00000.

Listing Status:
Active
Date Added:
July 2, 2026
Data Last Updated:
July 4, 2026 at 9:17PM
Listing Office:
Pinnacle Realty LLC : 319-393-0900
Listing Agent:
Pacifique Mengi : 319-393-0900
MLS ID:
2604724
  • Laundry: In Unit
  • A/C: Wall/Window Unit(s)
  • Heating: Hot Water
  • Other Structures: DeckPatio
  • Parking: Parking Space(s)Parking spaces: 40
  • General: FrameVinyl SidingWood SidingSlab
  • Originating MLS: CDR_CDR
  • County: Linn
  • Zoning: RMFAs per Abstract143425100500000
  • Water: Public
  • Sewer: Public Sewer
  • Source: CDR_CDR

This listing courtesy of Pacifique Mengi , Pinnacle Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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