Contact us: 563.441.1776
Description
Investment opportunity in the heart of Cedar Rapids! This income-producing fourplex offers a great addition to your portfolio with strong rental potential and recent updates throughout. The property features three 1-bedroom units and one 2-bedroom unit, providing a desirable mix for tenants. Many improvements have already been completed, including updated flooring, fresh paint, and renovated kitchens that give the units a clean, modern feel. Convenient in-town location close to shopping, restaurants, parks, and major roadways. Whether you are looking to expand your investment portfolio or start investing in multifamily properties, this fourplex offers excellent potential and opportunity.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 2,164
County: Linn
High School: Washington
Listed By:
SKOGMAN REALTY
Laura Merchan
319-366-6427
Cedar Rapids MLS
MLS ID: 2603424
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120 17th Street Ne, Cedar Rapids, IA 52402.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $180,000 | $180,000 | $180,000 |
| Down Payment | $36,000 | $6,300 | $45,000 |
| Monthly Mortgage Amount | $887 | $1,103 | $1,121 |
| Taxes | $251 | $251 | $251 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $79 | $0 |
| Monthly Estimated Total | $1,237 | $1,532 | $1,471 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/24/2026. The listing information on this page last changed on 05/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/24/2026 12:51:40 PM EST) or MRED MLS (last updated Sun 05/24/2026 12:48:44 PM EST) or SCWMLS (last updated Sun 05/24/2026 12:50:48 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 05/24/2026 12:02:51 PM EST) or Cedar Rapids MLS (last updated Sun 05/24/2026 12:49:47 PM EST) or NEIRBR MLS (last updated Sun 05/24/2026 12:49:58 PM EST) or ICAAR MLS (last updated Sun 05/24/2026 12:47:45 PM EST) or ECIMLS (last updated Sun 05/24/2026 12:48:31 PM EST) or RMLSA (last updated Sun 05/24/2026 12:40:57 PM EST) or Muscatine MLS (last updated Sun 05/24/2026 12:46:57 PM EST) or No Coast MLS (last updated Sun 05/24/2026 12:44:20 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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