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702 9th St Sw, 
Cedar Rapids, IA 52404

$199,000


Bed


Bath


2,303

Sq Ft


Multi-Family

Active

Listed by

Jeremy Trenkamp Real Estate Team

Realty87

319-731-2000

Last updated:

July 15, 2025, 04:50 PM

MLS#

2504710

Source:

IA CRAAR

About This Home

702 9th St Sw

Turnkey Triplex–Fully Renovated and Ready for Cash Flow! Don't miss this exceptional investment opportunity on the quiet SW side of Cedar Rapids! Clean and fully updated its ready for a new owner to start collecting income immediately. Recent renovations within the last 6 years include: new roof, siding, windows, paint, flooring, full kitchen and bathroom remodels, and updated mechanicals—all separated for tenant convenience. Each unit has its own electric meter, while the owner covers water. The building is currently vacant, allowing for easy showings and flexibility for owner-occupants or new tenant placements. Rental History: (2) One-bedroom units previously rented at $675 and $715 (1) Three-bedroom upper unit previously rented at $1,040The property also features alley access, a detached garage, and low-maintenance exterior. This is a perfect addition to your rental portfolio or a great start for a first-time investor!

Home Facts

Multi-Family

Built in 1905

Price Summary

199,000

$86 per Sq. Ft.

MLS #:

2504710

Last Updated:

July 15, 2025, 04:50 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

2,303 Sq. Ft.


Structure

Structure

Year Built:

1905


Lot

Lot Size (Sq. Ft):

7,666


Finances & Disclosures

Finances

Price:

$199,000

Price per Sq. Ft:

$86 per Sq. Ft.

Source:IA CRAAR
The information being provided by Cedar Rapids Area Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Cedar Rapids Area Association of Realtors All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.