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  1. Commercial Properties
  2. IA
  3. Cedar Rapids

2841 Cory Ct SW

For Sale

2841 Cory Ct SW , Cedar Rapids, IA 52404

TBDRare 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.

Building Details

  • For Sale $315,000
  • Property Type Multi-Family
  • Property Size 3,492 SF
  • Units 4
  • Lot Size 0.21 Acre
  • Additional Rent Price on request
  • Year Built 1981
  • Date Updated Nov 9, 2026
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Contacts

broker
Rachel Waters

GLD Commercial

Location

  • City Cedar Rapids, IA
  • Zip Code 52404
  • Map
  • Street
  • Walk score 42/100 Car-Dependent
  • Transit score 21/100 Minimal Transit
  • Bike score 45/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Casey's General Store

0.30 miles

Kwik Star

0.49 miles

Fas Fuel

0.53 miles

Hy-Vee Gas Station

0.97 miles

Tesla Supercharger

1.02 miles

Caseys

1.49 miles

ChargePoint

1.73 miles

Kum & Go

1.92 miles

BP

1.94 miles

Tesla Destination Charger

6.19 miles

Lot 44

1.71 miles

Lot 3

1.72 miles

Excess Snow Storage Lot

1.75 miles

St Wenceslaus Catholic Church Parking

1.87 miles

May's Island Ramp

1.89 miles

Paramount Lot

1.93 miles

GTC Ramp

1.93 miles

CRST Parking Garage

1.93 miles

3rd Avenue Ramp

2.05 miles

Lot 12

2.15 miles

Washmohr Car Wash

0.10 miles

Express Wash

2.12 miles

Washmore Car Wash

2.13 miles

Mister

2.13 miles

Enterprise

2.29 miles

Iowa Wash

2.74 miles

Johnny Boy's

2.79 miles

Mikey's Touchless Car Wash

2.79 miles

Mt. Vernon Car Wash

3.47 miles

Big Z's Car Wash

3.65 miles

Los Compadres

0.06 miles

Dancer's Ranch

0.15 miles

Riley's Cafe

0.15 miles

Garden of Eat'n

0.19 miles

Checkers

0.20 miles

El Bajio

0.25 miles

Subway

0.25 miles

Wendy's

0.29 miles

Metro Buffet

0.33 miles

Los Compadres Mexican Bar And Grill

0.33 miles

Hy-Vee

1.02 miles

Target

2.20 miles

Walmart Supercenter

2.23 miles

JCPenney

2.25 miles

Burlington

2.28 miles

Ross

2.33 miles

ALDI

2.33 miles

Kohl's

2.47 miles

Berry Plaza South

2.76 miles

K.A.F.F. Oriental & African Market

2.96 miles

Cedar Rapids Fire Department Station 5

0.48 miles

Hy-Vee Pharmacy

0.94 miles

Cedar Rapids Fire Department Station 2

1.32 miles

Tanager Place Clinic

1.51 miles

Cedar Rapids Police Department

1.65 miles

Linn County Sheriffs Department

1.81 miles

CommunityHealth Free Clinic

2.00 miles

MercyCare South Urgent Care

2.08 miles

Saint Luke's Westside Urgent Care

2.10 miles

Cedar Rapids OB Gyn

2.15 miles

Listing Summary

  • Property Financials

    2841 Cory Ct SW is currently listed for sale at $315,000 for a price per square foot of $90.21.

  • Property Details

    2841 Cory Ct SW totals 3,492 square feet of Multi-Family space on a lot spanning 0.21 acres. The property was initially built in 1981.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 42, indicating that it is car-dependent.

Contact Rachel Waters
broker
Rachel Waters

GLD Commercial

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