120 32nd Street Ne, Cedar Rapids, IA 52402

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120 32nd Street Ne,Cedar Rapids, IA 52402
$1,400,000
Virtual Tour
  • - Beds
  • - Baths
  • 13,248 sq. ft.
  • Multi-family
  • Active
Listed by: matthew lepic
Office: lepic-kroeger, realtors
MLS#:2509552
Source:IA_CRAAR

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$105.68

About this home

**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 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. 2 units rents were doubled by furnishing them and renting 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 #:2509552
  • Added:38 day(s) ago
  • Updated:January 02, 2026 at 04:38 PM

Rooms and interior

  • Living area:13,248 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1970
  • Building area:13,248 sq. ft.
  • Lot area:0.53 Acres

Schools

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

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$105.68
  • Tax amount:$11,294

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