366 7TH Avenue SW, Cedar Rapids, IA 52404
- 1,352 sqft
Multi-Family Home
Built in 1900
7,797sqft lot
—— car garage
$129/sqft
Listed 2 days 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:
- April 1, 2026 at 7:17AM
- Listing Office:
- Keller Williams Legacy Group : 319-423-4139
- Listing Agent:
- Kristie Freese : 319-423-4139
- MLS ID:
- 2602134
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Taylor Elementary
720 7th Ave SW, Cedar Rapids, IA, 52404
Grades PK-5
0.24 miles away
Wilson Middle School
2301 J St SW, Cedar Rapids, IA, 52404
Grades 6-8
1.04 miles away
Jefferson High School
1243 20th St SW, Cedar Rapids, IA, 52404
Grades 9-12
1.25 miles away

