Contact us: 563.441.1776
Description
Acquire a well-maintained, fully leased 4-unit multifamily investment property. Each unit offers 2 bedrooms and 1 bathroom. Numerous significant capital improvements have been completed within the last 5 years, including a new roof, foundation improvements, HVAC units, a complete remodel of Unit 1, plus additional improvements. New gutters and common-area carpet are scheduled to be installed this month. The property offers additional income potential, with current rents below estimated market rates. With limited 4-plex inventory currently available in the Cedar Rapids market, this is an opportunity for an investor looking to add a stabilized multifamily asset to their portfolio. Contact LA for additional details regarding improvements, leases, and financials.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: Linn
High School: Jefferson
Listed By:
GLD Commercial Real Estate Advisors
Angie Glick
319-731-3410
ICAAR MLS
MLS ID: 202605236
Units
Unit 1:
Bedrooms: 2
Baths Full: 1
Unit 2:
Bedrooms: 2
Baths Full: 1
Unit 3:
Bedrooms: 2
Baths Full: 1
Unit 4:
Bedrooms: 2
Baths Full: 1
For Details, Contact
Get in Touch
For Details, Contact
Contact an agent to learn more about
2841 Cory Ct Sw, Cedar Rapids, IA 52404.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $315,000 | $315,000 | $315,000 |
| Down Payment | $63,000 | $11,025 | $78,750 |
| Monthly Mortgage Amount | $1,698 | $2,084 | $2,074 |
| Taxes | $438 | $438 | $438 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $139 | $0 |
| Monthly Estimated Total | $2,236 | $2,761 | $2,612 |
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 10/13/2026. The listing information on this page last changed on 10/13/2026. 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 Tue 10/13/2026 1:20:50 AM EST) or MRED MLS (last updated Tue 10/13/2026 1:12:52 AM EST) or SCWMLS (last updated Mon 10/12/2026 11:55:07 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 10/12/2026 10:16:13 PM EST) or Cedar Rapids MLS (last updated Mon 10/12/2026 10:44:24 PM EST) or NEIRBR MLS (last updated Tue 10/13/2026 1:18:39 AM EST) or ICAAR MLS (last updated Mon 10/12/2026 11:37:34 PM EST) or ECIMLS (last updated Mon 10/12/2026 11:44:35 PM EST) or RMLSA (last updated Tue 10/13/2026 1:10:55 AM EST) or Muscatine MLS (last updated Tue 10/13/2026 1:15:08 AM EST) or No Coast MLS (last updated Tue 10/13/2026 12:44:19 AM 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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