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

Cedar Rapids
Local realty services provided by:CENTURY 21 Signature Real Estate
120-126 NE 32nd Street,Cedar Rapids, IA 52402
$1,400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: matthew lepic, nicole lepic
Office: lepic-kroeger, realtors
MLS#:202507139
Source:IA_ICAAR

Price summary

  • Price:$1,400,000

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 #:202507139
  • Added:107 day(s) ago
  • Updated:February 25, 2026 at 03:30 AM

Structure and exterior

  • Year built:1970
  • Construction Materials:Frame

Schools

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

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$1,400,000
  • Tax amount:$11,294

Parking

  • Total parking spaces:4

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