2841 Cory Court Sw, Cedar Rapids, IA 52404

Cedar Rapids
Local realty services provided by:Graf Real Estate ERA Powered
2841 Cory Court Sw,Cedar Rapids, IA 52404
$315,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,492 sq. ft.
  • Multi-family
  • Pending
Listed by: rachel waters, angie glick
Office: gld commercial
MLS#:2606041
Source:IA_CRAAR

Price summary

  • Price:$315,000
  • Price per sq. ft.:$90.21

About this home

Rare opportunity to acquire a well-maintained, fully leased 4-unit multifamily investment property with each unit offering 2 bedrooms and 1 bathroom. Numerous significant capital improvements have been completed within the last five years, including a new roof, foundation improvements, HVAC units, a complete remodel of Unit 1, and additional property improvements. New gutters and common-area carpet are also scheduled to be installed this month. The property offers additional income potential, with current rents below estimated market rates and room for future increases. With limited 4-plex inventory currently available in the Cedar Rapids market, this is an excellent opportunity for an investor looking to add a stabilized multifamily asset with substantial recent improvements to their portfolio. Interior photos coming soon. Contact Listing Agent for additional details regarding improvements, leases, and financials.

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Home facts

  • Year built:1981
  • Listing ID #:2606041
  • Added:48 day(s) ago
  • Updated:September 12, 2026 at 07:32 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full
  • Living area:3,492 sq. ft.

Heating and cooling

  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1981
  • Building area:3,492 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Brick, Frame

Schools

  • High school:Jefferson
  • Middle school:Wilson
  • Elementary school:Grant

Utilities

  • Water:Public

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$90.21
  • Tax amount:$4,546

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