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120 32nd Street Ne, Cedar Rapids, IA 52402

Local realty services provided by:CENTURY 21 Signature Real Estate
120 32nd Street Ne,Cedar Rapids, IA 52402
$1,400,000
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  • - Beds
  • - Baths
  • 13,248 sq. ft.
  • Multi-family
  • Active
Listed by: matthew lepic
Office: lepic-kroeger, realtors
MLS#:2509552
Source:IA_CRAAR

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$105.68

About this home

**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 18 one-bedroom units - 3 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. 3 units' rents were doubled by furnishing them and renting them short-term. Each unit has its own furnace and AC. Tenants pay RUBs each month towards water. 48 Hours' Notice to Show.

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Home facts

  • Year built:1970
  • Listing ID #:2509552
  • Added:58 day(s) ago
  • Updated:January 22, 2026 at 08:46 PM

Rooms and interior

  • Living area:13,248 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1970
  • Building area:13,248 sq. ft.
  • Lot area:0.53 Acres

Schools

  • High school:Washington
  • Middle school:Franklin
  • Elementary school:Kenwood

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$105.68
  • Tax amount:$11,294

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