Real Estate Investment Properties for Sale in Cedar Rapids, IA

Looking for investment property in Cedar Rapids, IA with high ROI ?

Explore a variety of short-term homes & houses in Cedar Rapids, IA. Invest wisely with VRBO & Cedar Rapids, IA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Cedar Rapids, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
935 15th Avenue SW Cedar Rapids, IA Great investment property or starter home with this nicely decorated 2 Bedroom, 1 Bathroom...	2 beds \| 1 baths \| 678 sq.ft.	$129,900	Airbnb cash on cash: 4.4% Traditional cash on cash: 7.66% Airbnb Rental Income: $1378 Traditional Rental Income: $1366 Airbnb ROI: 4.4% Traditional ROI: 7.66%
212 12th Street NW Cedar Rapids, IA Set up your showing now for this wonderful 1st time buyer home. Min to schools, shopping, ...	2 beds \| 1 baths \| 843 sq.ft.	$129,500	Airbnb cash on cash: 4.43% Traditional cash on cash: 8.01% Airbnb Rental Income: $1378 Traditional Rental Income: $1406 Airbnb ROI: 4.43% Traditional ROI: 8.01%
309 22nd Street NW Cedar Rapids, IA Price Reduced! Open House Sunday -1:00 to 2:30pm. Welcome home! Warm and inviting as you w...	2 beds \| 1 baths \| 884 sq.ft.	$163,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 6.48% Airbnb Rental Income: $1378 Traditional Rental Income: $1472 Airbnb ROI: 3.18% Traditional ROI: 6.48%
3511 Stoney Point Rd SW Cedar Rapids, IA Sharp two bedroom Condo. New Luxury Vinyl flooring on entire main floor. Nice Deck with pr...	2 beds \| 2 baths \| 1,506 sq.ft.	$187,500	Airbnb cash on cash: 2.32% Traditional cash on cash: 9.47% Airbnb Rental Income: $1378 Traditional Rental Income: $2234 Airbnb ROI: 2.32% Traditional ROI: 9.47%
3000 Meadowbrook Drive SE Cedar Rapids, IA Welcome to your dream home! This beautiful two-bedroom, one-and-a-half-bath residence seam...	2 beds \| 2 baths \| 1,306 sq.ft.	$188,500	Airbnb cash on cash: 2.29% Traditional cash on cash: 7.7% Airbnb Rental Income: $1378 Traditional Rental Income: $1929 Airbnb ROI: 2.29% Traditional ROI: 7.7%
1107 10th Street NW Cedar Rapids, IA The value in this home is unbeatable! There are so many great qualities and updates throug...	4 beds \| 1 baths \| 1,056 sq.ft.	$139,999	Airbnb cash on cash: N/A Traditional cash on cash: 9.57% Airbnb Rental Income: $null Traditional Rental Income: $1718 Airbnb ROI: N/A Traditional ROI: 9.57%
1020 G Ave NW Cedar Rapids, IA Here is a classic, older style home that has kept its integrity and charm with original wo...	2 beds \| 1 baths \| 1,278 sq.ft.	$158,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 8.89% Airbnb Rental Income: $1378 Traditional Rental Income: $1801 Airbnb ROI: 3.32% Traditional ROI: 8.89%
1144 Crescent View Drive NE Cedar Rapids, IA Welcome to this stunning 4-bedroom, 3.5-bath condo located in Linn Mar School District! St...	4 beds \| 4 baths \| 2,110 sq.ft.	$258,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.45% Airbnb Rental Income: $null Traditional Rental Income: $3026 Airbnb ROI: N/A Traditional ROI: 9.45%
3730 Kencrest Drive NE Cedar Rapids, IA Welcome Home! This beautiful slab home had a new roof, siding, gutters and garage post de...	3 beds \| 1 baths \| 864 sq.ft.	$143,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.29% Airbnb Rental Income: $null Traditional Rental Income: $1714 Airbnb ROI: N/A Traditional ROI: 9.29%
121 29th Ave SW Cedar Rapids, IA Don't miss this opportunity! Priced under $190k, this charming ranch home is in a sought-a...	3 beds \| 2 baths \| 832 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 8.17%
426 Crimson Drive NE Cedar Rapids, IA	3 beds \| 3 baths \| 1,830 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $2360 Airbnb ROI: N/A Traditional ROI: 7.44%
3400 H Ave NW Cedar Rapids, IA Come check out the newest and cutest listing on the NW side! This 1960âs charmer is look...	4 beds \| 2 baths \| 1,278 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.69% Airbnb Rental Income: $null Traditional Rental Income: $1690 Airbnb ROI: N/A Traditional ROI: 7.69%
4111 Blue Jay Drive NE #B Cedar Rapids, IA What a find a first-floor condo ready to move into. You have a secured entrance from you...	2 beds \| 1 baths \| 1,323 sq.ft.	$135,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 8.93% Airbnb Rental Income: $1378 Traditional Rental Income: $1554 Airbnb ROI: 4.34% Traditional ROI: 8.93%
6706 Kelburn Lane NE Cedar Rapids, IA Set up your showing today for this inviting split foyer in popular neighborhood. Be greete...	3 beds \| 2 baths \| 1,218 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.33% Airbnb Rental Income: $null Traditional Rental Income: $2040 Airbnb ROI: N/A Traditional ROI: 9.33%
1871 Ellis Boulevard NW #202 Cedar Rapids, IA	2 beds \| 2 baths \| 1,500 sq.ft.	$419,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 3.91% Airbnb Rental Income: $1378 Traditional Rental Income: $2633 Airbnb ROI: -0.35% Traditional ROI: 3.91%
130 Thompson Drive SE #222 Cedar Rapids, IA Welcome to your dream home! This stunning two-bedroom, two-bath condo epitomizes modern li...	2 beds \| 2 baths \| 1,290 sq.ft.	$134,900	Airbnb cash on cash: 4.05% Traditional cash on cash: 11.72% Airbnb Rental Income: $1378 Traditional Rental Income: $1953 Airbnb ROI: 4.05% Traditional ROI: 11.72%
3323 Falcon View Road SW Cedar Rapids, IA Located in a prime area surrounded by mature trees, this home is filled with updates and a...	4 beds \| 3 baths \| 2,674 sq.ft.	$299,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.01% Airbnb Rental Income: $null Traditional Rental Income: $1380 Airbnb ROI: N/A Traditional ROI: 2.01%
1019 32nd Street NE Cedar Rapids, IA Welcome to your turn-key residence on the NE side of Cedar Rapids, where contemporary upda...	4 beds \| 2 baths \| 1,595 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.87% Airbnb Rental Income: $null Traditional Rental Income: $2293 Airbnb ROI: N/A Traditional ROI: 7.87%
2712 Lancelot Ln NW Cedar Rapids, IA Charming multi-level homes with spacious living and entertaining areas! The open-concept d...	3 beds \| 3 baths \| 1,671 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $2388 Airbnb ROI: N/A Traditional ROI: 5.28%
68 36th Ave SW Cedar Rapids, IA Welcome to this charming Swiss Chalet A-Frame home, perfectly situated on 2.87 acres in th...	4 beds \| 4 baths \| 2,848 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.75% Airbnb Rental Income: $null Traditional Rental Income: $3662 Airbnb ROI: N/A Traditional ROI: 7.75%
392 26th Street SE Cedar Rapids, IA Welcome to this sweet gem of a home! Nestled further back on a spacious lot, this cozy dwe...	1 beds \| 1 baths \| 623 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.65% Airbnb Rental Income: $null Traditional Rental Income: $1272 Airbnb ROI: N/A Traditional ROI: 7.65%
2516 Kathryn Street SW Cedar Rapids, IA	2 beds \| 2 baths \| 1,566 sq.ft.	$187,500	Airbnb cash on cash: 2.32% Traditional cash on cash: 9.43% Airbnb Rental Income: $1378 Traditional Rental Income: $2226 Airbnb ROI: 2.32% Traditional ROI: 9.43%
1937 Higley Avenue SE Cedar Rapids, IA Welcome to this beautifully updated home, perfectly located in the heart of Cedar Rapids. ...	3 beds \| 1 baths \| 1,046 sq.ft.	$118,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.77% Airbnb Rental Income: $null Traditional Rental Income: $1608 Airbnb ROI: N/A Traditional ROI: 10.77%
2222 1st Ave NE #604 Cedar Rapids, IA Beautifully updated 2 bedroom, 2 bath condo in prestigious Blair House. LVP flooring throu...	2 beds \| 2 baths \| 1,237 sq.ft.	$185,500	Airbnb cash on cash: 2.52% Traditional cash on cash: 10.42% Airbnb Rental Income: $1378 Traditional Rental Income: $2352 Airbnb ROI: 2.52% Traditional ROI: 10.42%
5028 1st Avenue NW Cedar Rapids, IA This beautiful home offers many great features, and has plenty of space to expand & grow i...	4 beds \| 3 baths \| 2,415 sq.ft.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.74% Airbnb Rental Income: $null Traditional Rental Income: $2991 Airbnb ROI: N/A Traditional ROI: 9.74%
344 18th Street SE Cedar Rapids, IA Oh this is a cute one! Great 2 story with many updates and all the charm. Great floor plan...	3 beds \| 1 baths \| 1,644 sq.ft.	$149,950	Airbnb cash on cash: N/A Traditional cash on cash: 10.35% Airbnb Rental Income: $null Traditional Rental Income: $1840 Airbnb ROI: N/A Traditional ROI: 10.35%
5220 Burr Oak Court SW Cedar Rapids, IA ONE YEAR HOME WARRANTY INCLUDED!! Expansive open concept zero-entry home that boasts high-...	4 beds \| 3 baths \| 4,389 sq.ft.	$910,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.94% Airbnb Rental Income: $null Traditional Rental Income: $3061 Airbnb ROI: N/A Traditional ROI: 0.94%
2526 1st Avenue NE Cedar Rapids, IA Move-in ready traditional charmer with 2 car garage. Updated kitchen with new flooring, co...	3 beds \| 2 baths \| 1,337 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.78% Airbnb Rental Income: $null Traditional Rental Income: $2066 Airbnb ROI: N/A Traditional ROI: 10.78%
6410 Creekside Drive NE #9 Cedar Rapids, IA Discover secure, stunning, and affordable condo living just for you! This well-maintained ...	2 beds \| 1 baths \| 900 sq.ft.	$118,000	Airbnb cash on cash: 5.08% Traditional cash on cash: 9.76% Airbnb Rental Income: $1378 Traditional Rental Income: $1493 Airbnb ROI: 5.08% Traditional ROI: 9.76%
3004 Ravenwood Terrace NW Cedar Rapids, IA This charming 3-bedroom, 2-bath ranch-style home offers many updates throughout. The kitc...	3 beds \| 2 baths \| 1,084 sq.ft.	$199,589	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $1898 Airbnb ROI: N/A Traditional ROI: 6.98%
368 25th Ave Place SW Cedar Rapids, IA	3 beds \| 2 baths \| 1,384 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.29% Airbnb Rental Income: $null Traditional Rental Income: $2270 Airbnb ROI: N/A Traditional ROI: 11.29%
708 7th Street SW Cedar Rapids, IA Beautiful updates and super convenient location. This SW side charmer has stunning new fin...	3 beds \| 1 baths \| 1,346 sq.ft.	$164,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.16% Airbnb Rental Income: $null Traditional Rental Income: $1615 Airbnb ROI: N/A Traditional ROI: 7.16%
2749 Evelyn Dr SW Cedar Rapids, IA Well-kept, right-priced SW side split foyer, 3bed/2bath/single car garage with lots of upd...	3 beds \| 2 baths \| 1,059 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $2062 Airbnb ROI: N/A Traditional ROI: 7.13%
1871 Ellis Boulevard NW #106 Cedar Rapids, IA	2 beds \| 2 baths \| 1,400 sq.ft.	$385,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.25% Airbnb Rental Income: $1378 Traditional Rental Income: $2551 Airbnb ROI: -0.16% Traditional ROI: 4.25%
1953 1st Avenue SE #205 Cedar Rapids, IA The Sinclair Floor Plan features 2 bedrooms, 2 full baths, and a spacious private balcony ...	2 beds \| 2 baths \| 1,473 sq.ft.	$469,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 3.5% Airbnb Rental Income: $1378 Traditional Rental Income: $2536 Airbnb ROI: -0.09% Traditional ROI: 3.5%
1953 1st Avenue SE #302 Cedar Rapids, IA The Margaret Floor Plan features 2 bedrooms, 2 full baths, and a spacious private balcony....	2 beds \| 2 baths \| 1,317 sq.ft.	$370,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 4.66% Airbnb Rental Income: $1378 Traditional Rental Income: $2477 Airbnb ROI: 0.29% Traditional ROI: 4.66%
1953 1st Avenue SE #304 Cedar Rapids, IA The Leo 2 Floor Plan features 2 bedrooms, 2 full baths, and a huge balcony. Thoughtful fea...	2 beds \| 2 baths \| 1,629 sq.ft.	$465,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 3.77% Airbnb Rental Income: $1378 Traditional Rental Income: $2678 Airbnb ROI: -0.18% Traditional ROI: 3.77%
900 Wilson Avenue SW Cedar Rapids, IA Renovated and move-in ready. Well built â50s home. Plaster walls, coved ceiling. Interio...	3 beds \| 2 baths \| 1,791 sq.ft.	$236,950	Airbnb cash on cash: N/A Traditional cash on cash: 8.06% Airbnb Rental Income: $null Traditional Rental Income: $2470 Airbnb ROI: N/A Traditional ROI: 8.06%
1200 K St SW Cedar Rapids, IA This large 4-bedroom, 2-bathroom home is a breath of fresh air - Taken down to the studs a...	4 beds \| 2 baths \| 1,500 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.14% Airbnb Rental Income: $null Traditional Rental Income: $2271 Airbnb ROI: N/A Traditional ROI: 11.14%
2021 Holly Meadow Avenue SW Cedar Rapids, IA **2/1 Buydown interest rates - 4.5% 1st year; 5.5 2nd year; 6.5% thereafter OR 5.75% 30 yr...	3 beds \| 2 baths \| 1,427 sq.ft.	$309,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $2154 Airbnb ROI: N/A Traditional ROI: 4.51%

Real Estate investment in Cedar-rapids, IA

There are 194 properties for sale in the city of Cedar Rapids . The median list price in Cedar Rapids is $192,450 and the average price per square foot is $117. In December 2024, the average monthly cash on cash return in Cedar Rapids is 8.00%. The average monthly rental income in Cedar Rapids is $2,154.

Cedar-rapids, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 194 investment properties available for sale in Cedar-rapids.

In 2024, the best neighborhood to buy investment property is Cedar Hills.

The ROI for Long-Term is higher than the Short-Term in Cedar-rapids with average rental income of $2,154.

Your search for investment property begins and ends here

Investment Property for Sale in Cedar Rapids, IA

935 15th Avenue SW

Cedar Rapids, IA

2 beds | 1 baths | 678 sq.ft.

$129,900

Airbnb cash on cash: 4.4%

Traditional cash on cash: 7.66%

Airbnb Rental Income: $1378

Traditional Rental Income: $1366

Airbnb ROI: 4.4%

Traditional ROI: 7.66%

212 12th Street NW

Cedar Rapids, IA

2 beds | 1 baths | 843 sq.ft.

$129,500

Airbnb cash on cash: 4.43%

Traditional cash on cash: 8.01%

Airbnb Rental Income: $1378

Traditional Rental Income: $1406

Airbnb ROI: 4.43%

Traditional ROI: 8.01%

309 22nd Street NW

Cedar Rapids, IA

2 beds | 1 baths | 884 sq.ft.

$163,000

Airbnb cash on cash: 3.18%

Traditional cash on cash: 6.48%

Airbnb Rental Income: $1378

Traditional Rental Income: $1472

Airbnb ROI: 3.18%

Traditional ROI: 6.48%

3511 Stoney Point Rd SW

Cedar Rapids, IA

2 beds | 2 baths | 1,506 sq.ft.

$187,500

Airbnb cash on cash: 2.32%

Traditional cash on cash: 9.47%

Airbnb Rental Income: $1378

Traditional Rental Income: $2234

Airbnb ROI: 2.32%

Traditional ROI: 9.47%

3000 Meadowbrook Drive SE

Cedar Rapids, IA

2 beds | 2 baths | 1,306 sq.ft.

$188,500

Airbnb cash on cash: 2.29%

Traditional cash on cash: 7.7%

Airbnb Rental Income: $1378

Traditional Rental Income: $1929

Airbnb ROI: 2.29%

Traditional ROI: 7.7%

1107 10th Street NW

Cedar Rapids, IA

4 beds | 1 baths | 1,056 sq.ft.

$139,999

Airbnb cash on cash: N/A

Traditional cash on cash: 9.57%

Airbnb Rental Income: $null

Traditional Rental Income: $1718

Airbnb ROI: N/A

Traditional ROI: 9.57%

1020 G Ave NW

Cedar Rapids, IA

2 beds | 1 baths | 1,278 sq.ft.

$158,000

Airbnb cash on cash: 3.32%

Traditional cash on cash: 8.89%

Airbnb Rental Income: $1378

Traditional Rental Income: $1801

Airbnb ROI: 3.32%

Traditional ROI: 8.89%

1144 Crescent View Drive NE

Cedar Rapids, IA

4 beds | 4 baths | 2,110 sq.ft.

$258,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.45%

Airbnb Rental Income: $null

Traditional Rental Income: $3026

Airbnb ROI: N/A