Contact us: 563.441.1776
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.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 1,352
County: Linn
High School: Jefferson
Listed By:
Keller Williams Legacy Group
Kristie Freese
319-423-4139
Cedar Rapids MLS
MLS ID: 2602134
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366 7th Avenue Sw, Cedar Rapids, IA 52404.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $160,000 | $160,000 | $160,000 |
| Down Payment | $32,000 | $5,600 | $40,000 |
| Monthly Mortgage Amount | $788 | $980 | $996 |
| Taxes | $223 | $223 | $223 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $70 | $0 |
| Monthly Estimated Total | $1,111 | $1,373 | $1,319 |
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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