**Investment Property Available in Cedar Rapids**
This multifamily complex comprises a total of 23 units:
- 20 one-bedroom units
- 1 two-bedroom unit
- 1 three-bedroom unit
- 1 efficiency unit
Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access.
For sale
Price cut: $20K (4/28)
$1,375,000
120 32nd St NE, Cedar Rapids, IA 52402
--beds
0baths
13,248sqft
Est.:
Multi Family
Built in 1970
-- sqft lot
$1,320,300 Zestimate®
$104/sqft
$-- HOA
What's special
- 202 days
- on Zillow |
- 73 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 06:15am
Listed by:
Matthew Lepic 319-321-7199,
LEPIC-KROEGER, REALTORS
Source: CRAAR, CDRMLS,MLS#: 2407195
Originating MLS: Cedar Rapids Area Association Of Realtors

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Laundry: Common Area
Interior area
- Total interior livable area: 13,248 sqft
Video & virtual tour
Property
Parking
- Parking features: Parking Space(s)
Lot
- Size: 0.53 Acres
Details
- Parcel number: 141133102500000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Slab
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $104/sqft
- Annual tax amount: $11,036
- Date on market: 10/18/2024
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
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