Welcome to 941 M St SW, a fantastic investment property in Cedar Rapids. This fully occupied fourplex features four 2-bedroom, 1-bathroom units, each offering 600 square feet of well-maintained living space. Each unit provides a cozy yet functional layout, ideal for tenants seeking affordable living in a convenient location.
This property is an excellent addition to any investor's portfolio, generating consistent rental income from long-term tenants. Located in a growing area with easy access to local amenities, schools, and public transportation, this fourplex is perfectly situated for continued demand.
With all units currently occupied, this is a turn-key investment opportunity you won’t want to miss!
Sold for $210,000 on 11/26/24
$210,000
941 M St SW #1-4, Cedar Rapids, IA 52404
--beds
--baths
2,400sqft
Multi Family
Built in 1923
-- sqft lot
$208,600 Zestimate®
$88/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 02, 2024 at 10:59am
Listed by:
Josh Klindt 319-721-2341,
Keller Williams Legacy Group,
Kellen Showen 319-329-9015,
Keller Williams Legacy Group
Bought with:
Ashley Rance
Century 21 Signature Real Estate
Source: CRAAR, CDRMLS,MLS#: 2406464
Originating MLS: Cedar Rapids Area Association Of Realtors

Facts & features
Interior
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Partial
Interior area
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 8
- Parking features: Parking Space(s)
Features
- Patio & porch: Deck, Patio
Lot
- Size: 8,102 sqft
- Dimensions: 8100
Details
- Parcel number: 142837800600000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cedar Rapids
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$208,600
2% more+ $4,172
With Zillow Showcase(estimated)
$212,772