$175,000

366 7TH Avenue SW, Cedar Rapids, IA 52404

  • 1,352 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon7,797sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $129/sqft
  • Property List Date Icon 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
  • 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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Location

Schools Nearby

T

Taylor Elementary

720 7th Ave SW, Cedar Rapids, IA, 52404

Grades PK-5

0.24 miles away

W

Wilson Middle School

2301 J St SW, Cedar Rapids, IA, 52404

Grades 6-8

1.04 miles away

J

Jefferson High School

1243 20th St SW, Cedar Rapids, IA, 52404

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#2601016 - HEARTLAND INVESTMENT REAL ESTATE, LLC