New Listing

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 $1020.00 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!

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Listing ID #2607712

Residential Sale

3-5 27th Avenue SW
Cedar Rapids, Iowa 52404

$249,900

Beds0

Total Baths0

Square Feet2,060

Construction Year1977

Lot Size0.31 Acre

Country : US

State : IA

County : Linn

City : Cedar Rapids

Zipcode : 52404

StatusActive

Virtual Tour: View Tour

Listing Agent

Name: Debra Callahan

Office: RE/MAX CONCEPTS

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Features

Property ID: 2607712

Property Type: Multi Family

SqFt: 2,060 Sqft

Year Built: 1977

Parking: Parking Space(s)

Basement: Concrete

Construction: Frame, Wood Siding

Directions: Bowling St to 27th Ave SW

Additional Details

Acre Lot Size: 0.31 Acre

Cooling System: Central Air, Wall/Window Unit(s)

Heating Fuel: Hot Water

Listing Date: 11-03-2026

Lot Dimensions: 13,708

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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