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2939 12th Avenue SW

Cedar Rapids, IA 52404
  • $3,300,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 2601798
UPDATED: 60 min ago
$3,300,000
  • 0
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 40,000
    SQFT
  • $83
    $/SQFT
Neighborhood:
SW Quadrant
Type:
Commercial
Built:
1975
County:
Linn
Area:
SW Quadrant

School Ratings & Info

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Description

Great opportunity to acquire Creekside Apartments. This property, located just off Williams Blvd SW and 16th Ave SW in Cedar Rapids, Iowa, consists of 76 residential apartment units. Unit makeup consists of 17 studio apartments, 38 1Bd/1Ba, 16 1Bd/1Ba (2-lvl), 4 2Bd/1Ba, and 1 3Bd/2Ba. The sale also includes 13 attached garage units. The property sits on approximately 2 Acres of ground and contains 92 surface parking stalls.

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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-04-18T11:42:36.927.
www.realtybrotherscr.com/homes/174135290
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2939 12th Avenue SW Cedar Rapids, IA 52404

  • Price: $3,300,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 60 min ago
  • MLS #: 2601798
0
Beds
0
Baths
0
½ Baths
2
Acres
40,000
SQFT
$83
$/SQFT
1975
Built
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Property Description
Great opportunity to acquire Creekside Apartments. This property, located just off Williams Blvd SW and 16th Ave SW in Cedar Rapids, Iowa, consists of 76 residential apartment units. Unit makeup consists of 17 studio apartments, 38 1Bd/1Ba, 16 1Bd/1Ba (2-lvl), 4 2Bd/1Ba, and 1 3Bd/2Ba. The sale also includes 13 attached garage units. The property sits on approximately 2 Acres of ground and contains 92 surface parking stalls.
Exterior Features

Construction Materials Frame Parking Features Off Street

Interior Features

Basement YN No Cooling Central Air Wall / Window Unit(s) Cooling YN Yes Flooring Carpet Concrete Heating Electric Gas Heating YN Yes

Property Features

Building Features Kitchen Facilities Multi- Tenant Private Restrooms See Remarks Lease Considered YN No Listing Terms Cash1031 Exchange Owner Pays Electricity Gas Heat Insurance Janitorial Service See Remarks Taxes Trash Collection Possession Negotiable Property Sub Type Investment Property Sub Type Additional Investment Sewer Public Sewer Tax Annual Amount 46400 Tenant Pays See Remarks Utilities Electricity Available Natural Gas Available Water Source Public Zoning SMU- COMM Zoning Description SMU- COMM

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Craig Byers of Q4 Real Estate: 319-294-3339.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-04-18T11:42:36.927.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411