Properties

PROPERTY DETAILS
Property Description :

Outstanding Duplex in Prime Cedar Rapids location. This turnkey property features one upper/lower unit, each offering a functional layout of 2 bedrooms and 1 bathroom (for a total of 4 bedrooms and 2 bathrooms). This high-yield property features a perfect mix: an unfurnished upper unit ideal for stable, long-term tenants, paired with a fully furnished lower unit, including in-unit washer and dryer (minus one bedroom). Optimized to capture premium rates from traveling tradespeople and professionals. The upper unit currently rents for $1010.00 per month and the lower furnished unit currently rents to one tenant for $1700.00 per month. These well-maintained duplexes have a strong rental history, consistent demand, immediate cash flow & are a solid asset. Incredible Cedar  Rapids location near shopping, restaurants, Hy-Vee, major employers; quick access to I-380. Each unit comes with a 1 car garage space.Tenant-occupied; interior photos taken prior to current tenancy. Reach out today for financial details or a showing!

Property Type : Residential
Listing ID : 2607724
Listing Type : For Sale
Price : $249,900
Year Built : 1977
Lot Area : 0.21 Acre
Building Area Total : 1997
Lease Amount Unit : Dollars Per Square Foot
Property Type : Multi Family
Area : SW Quadrant
Listing Status : Active
Property Sub Type : Multi Family
Property Subtype : Multi Family
Property Description

Outstanding Duplex in Prime Cedar Rapids location. This turnkey property features one upper/lower unit, each offering a functional layout of 2 bedrooms and 1 bathroom (for a total of 4 bedrooms and 2 bathrooms). This high-yield property features a perfect mix: an unfurnished upper unit ideal for stable, long-term tenants, paired with a fully furnished lower unit, including in-unit washer and dryer (minus one bedroom). Optimized to capture premium rates from traveling tradespeople and professionals. The upper unit currently rents for $1010.00 per month and the lower furnished unit currently rents to one tenant for $1700.00 per month. These well-maintained duplexes have a strong rental history, consistent demand, immediate cash flow & are a solid asset. Incredible Cedar  Rapids location near shopping, restaurants, Hy-Vee, major employers; quick access to I-380. Each unit comes with a 1 car garage space.Tenant-occupied; interior photos taken prior to current tenancy. Reach out today for financial details or a showing!

Features
: Parking Space(s)
: In Unit
: Public Sewer
: Separate Meters
Address Map
US
IA
Linn
Cedar Rapids
52404
27th
4-6
Avenue
Bowling St SW to 27th Ave SW
SW Quadrant
SW
Neighborhood
Grant
Jefferson
Wilson
More Information
RE/MAX CONCEPTS
Debra Callahan
$0
$0
$0
Additional Information
: Frame , Wood Siding
: Poured
9, 182
2
2026-11-03
https://www.propertypanorama.com/instaview/cdr/2607724
: Public
Financial
3029.0
Listing Information
CALLAHANDEBR121
CREM
Cash, Conventional
Active
2026-11-03T22:31:13Z
CDR
2026-11-03T13:53:21Z

4-6 27th Avenue Sw, Cedar Rapids, Iowa 52404

4-6 27th Avenue Sw, Cedar Rapids, Iowa 52404

  • Lot Area: 0.21 Acre
List Price: $249,900.00
Listing ID#2607724
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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