$160,000

366 7TH Avenue SW, Cedar Rapids, IA 52404

1,352 sqft

Multi-Family Home
Built in 1900
7,797sqft lot
—— car garage
$118/sqft
Listed 1 month ago

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.

Listing Status:: Active
Date Added:: March 30, 2026
Data Last Updated:: May 20, 2026 at 2:18PM
Listing Office:: Keller Williams Legacy Group : 319-423-4139
Listing Agent:: Kristie Freese : 319-423-4139
MLS ID:: 2602134

Basement: FullConcrete
A/C: Central Air
Heating: Forced AirGas

Parking: Parking Space(s)Parking spaces: 3

General: FrameStonePoured

Originating MLS: CDR_CDR
County: Linn

Zoning: ResMURRAY'S 3RD LOT 5 & S 50' E 7.5' STR/LB 6 14 or as per abstract14283-28010-00000

Water: Public
Sewer: Public Sewer

Source: CDR_CDR

This listing courtesy of Kristie Freese , Keller Williams Legacy Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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