Looking for the perfect place to store your RV, extra boat, or classic car? Or maybe you’ve been searching for a smart investment or home for your business? This 1,250 sq. ft. commercial condo, built in 2019, is right in the heart of one of Cedar Rapids’ fastest-growing areas near the airport. The 25x50 warehouse space offers an oversized 14x14 overhead door, man door, ADA-compliant bathroom, utility sink, hose hookup, industrial ceiling fan, 220-volt electrical hookup, and an efficient AC/heat...
Massive Tucked-Away Duplex Near Hospitals & Colleges! This gorgeous duplex is the perfect cash cow for any investor looking to grow their portfolio. Ideally located near both major hospitals and local colleges, this property offers strong rental demand and exceptional long-term potential. The upper unit is an oversized three-bedroom with huge rooms and tons of square footage — perfect for tenants who need extra space. The lower unit is a charming two-bedroom with tall ceilings and a smart, efficient layout...
3 Units in this investment building. Two 1 bedroom/1 bath units on the main floor. Upper Level has a 2 Bedroom, 2 Bath unit with an outdoor deck. Units 1 $700 per month (vacant), Unit 2 $650.00 per month, Unit 3 $775, with room for increased rents. All tenants are Month to Month. Metal Roof, Coin laundry on site. Must be purchased with adjacent property 728 4th Ave SE parcel 14214-8001-00000. 24 Hour notice required for all showings.
Great investment opportunity! Check out this upper/lower duplex with many updates. Both units are vacant so you can interview and choose your own tenants. Lower Unit is 2 Bedroom. Upper Unit is 3 Bedroom. NEW ROOF on the property. New flooring in areas of each unit, Updated or refreshed cabinets. Updated bathrooms. New vinyl windows installed with existing updated windows in the units. Tenants pay electric and gas, landlord pays water/garbage. Each unit has their own private entry. Close to...
Rare 4-Plex Investment Opportunity – $150,000 Total ($37,500 per Unit). This fully rented property generates $34,740 gross annual income, offering a projected 20% cap rate at the current price point. The unit mix includes two 1-bedroom and two 2-bedroom apartments, appealing to a broad tenant base. Recent updates include a new roof and interior improvements, supporting long-term stability. Tenants are on month-to-month leases, providing flexibility for future rent adjustments. Located in Cedar Rapids’ MedQuarter district near major employers and downtown...
Fully leased 5 Unit Property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must bed purchased with adjacent property 317 8th St SE, Cedar Rapids, MLS 2406835 parcel...
Turnkey duplex opportunity in a NE neighborhood! This updated upper/lower duplex offers comfortable living and smart investment potential. Both units have been remodeled with modern finishes and comes fully occupied day one. Major Upgrades Include: New roof (2022), New mini-split heating & cooling systems (2022), New water heater (2022). Each unit features refreshed interiors and separate access for added privacy and convenience. With mechanicals already taken care of, this property brings peace of mind and minimal maintenance needs.
Land lease opportunity for 1.65 Acres of 4.46 Acre site. $135,000/year NNN with 2.5% annual escalations. Shovel-ready commercial building site strategically located at the intersection of I-380 and Wright Brothers Blvd SW. Well suited for C-store, quick-serve restaurant or retail/sales and service operation. High traffic and high visibility with Average Daily Traffic in excess of 25,000 vehicles at this corner. This intersection is so hot the DOT and the City of Cedar Rapids are working together on a newly engineered...
Build Your Dream Home in the Heart of Cedar Rapids! Welcome to 1425 42nd St SE, a rare in-town acreage offering the perfect blend of space, convenience, and possibility. Bring your vision and design the home you’ve always imagined—right here within city limits! This spacious lot provides access to city water and electric, with private septic required, giving you flexibility and independence. Enjoy the peaceful surroundings while staying close to schools, shopping, and all that Cedar Rapids has to offer....
For additional listings throughout Linn and/or Johnson counties, please contact GLD at 319.731.3400.