120-126 NE 32nd Street, Cedar Rapids, IA 52402

Local realty services provided by:CENTURY 21 Signature Real Estate
120-126 NE 32nd Street,Cedar Rapids, IA 52402
$1,375,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew lepic, nicole lepic
Office: lepic-kroeger, realtors
MLS#:202507139
Source:IA_ICAAR

Price summary

  • Price:$1,375,000

About this home

**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. 2 units rents were doubled by furnishing them and renting 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 #:202507139
  • Added:17 day(s) ago
  • Updated:December 12, 2025 at 05:06 PM

Structure and exterior

  • Year built:1970

Schools

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

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$1,375,000
  • Tax amount:$11,294