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366 7TH Avenue SW

Cedar Rapids, IA 52404
  • $175,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 2602134
UPDATED: 37 min ago
$175,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,352
    SQFT
  • $129
    $/SQFT
Neighborhood:
SW Quadrant
Type:
Multi-Family
Built:
1900
County:
Linn
Area:
SW Quadrant

School Information

Elementary School:
Taylor
Middle School:
Wilson
High School:
Jefferson
School Ratings & Info

Description

Discover a compelling investment opportunity with this well-maintained 2-unit multifamily property—ideal for both seasoned investors and those looking to enter the real estate market. This asset offers a strong combination of immediate cash flow potential and long-term appreciation. Each unit features a functional layout with 2 beds and 1 bath, with updates along the way. The property has been consistently occupied with long term tenants, offering reliable rental income with upside potential through rent optimization.

Monthly Payment Calculator

© 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: 2026-05-10T10:42:35.25.
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366 7TH Avenue SW Cedar Rapids, IA 52404

  • Price: $175,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 37 min ago
  • MLS #: 2602134
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1,352
SQFT
$129
$/SQFT
1900
Built
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Elementary School:
Taylor
Middle School:
Wilson
High School:
Jefferson
Property Description
Discover a compelling investment opportunity with this well-maintained 2-unit multifamily property—ideal for both seasoned investors and those looking to enter the real estate market. This asset offers a strong combination of immediate cash flow potential and long-term appreciation. Each unit features a functional layout with 2 beds and 1 bath, with updates along the way. The property has been consistently occupied with long term tenants, offering reliable rental income with upside potential through rent optimization.
Exterior Features

Construction Materials Frame Stone Foundation Details Poured Garage YN Yes Parking Features Parking Space(s) Parking Total 3

Interior Features

Basement Full Concrete Basement YN Yes Cooling Central Air Cooling YN Yes Heating Forced Air Gas Heating YN Yes

Property Features

Association YN No Listing Terms Cash Conventional Owner Pays Water Pets Allowed Yes Possession Negotiable Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 1910 Tenant Pays Electricity Gas Water Source Public Zoning Res Zoning Description Res

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Kristie Freese of Keller Williams Legacy Group: 319-423-4139.
© 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: 2026-05-10T10:42:35.25.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411