Investor’s Dream! Fully Occupied Cash-Flowing Fourplex in Hiawatha. Don’t miss this rare opportunity to own a solid income-producing fourplex nestled on a quiet, tree-lined street in the heart of Hiawatha. This well-maintained property features four fully occupied units with long-term tenants in place, generating a steady $2,985/month in rental income. Whether you're a seasoned investor or just starting your portfolio, this property offers strong cash flow with room for rent growth. Additional details, including current rents and lease terms, are available in the MLS attachments. Schedule your showing today and take the next step toward building wealth through real estate!
For sale
$269,900
780 Ryan Ave, Hiawatha, IA 52233
--beds
--baths
3,100sqft
Est.:
Multi Family
Built in 1980
-- sqft lot
$259,700 Zestimate®
$87/sqft
$-- HOA
What's special
Tree-lined street
- 24 days
- on Zillow |
- 462 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 05:23pm
Listed by:
Jeremy Trenkamp Real Estate Team 319-270-1323,
Realty87
Source: CRAAR, CDRMLS,MLS#: 2506262
Originating MLS: Cedar Rapids Area Association Of Realtors

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Forced Air, Hot Water
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 8
- Parking features: Parking Space(s)
Lot
- Size: 2,439.36 Square Feet
- Dimensions: .056
Details
- Additional structures: Shed(s)
- Parcel number: 113327704201000
- Zoning: Res
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Slab
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hiawatha
Financial & listing details
- Price per square foot: $87/sqft
- Annual tax amount: $3,300
- Date on market: 7/17/2025
- Listing terms: Cash,Conventional
- Tenant pays: Water
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