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
528 SW 9th Street Cedar Rapids, IA Spacious ranch-style home offering over 2,100+ finished SQFT! The main level features 3 be...	4 beds \| 3 baths \| 1,370 sq.ft.	$229,999	Airbnb cash on cash: 1.88% Traditional cash on cash: 9.88% Airbnb Rental Income: $1532 Traditional Rental Income: $2830 Airbnb ROI: 1.88% Traditional ROI: 9.88%
3516 Prairie Creek Rd SW Cedar Rapids, IA Welcome home to this charming two-story nestled on a corner lot in a desirable College Com...	3 beds \| 4 baths \| 2,035 sq.ft.	$359,900	Airbnb cash on cash: -1.2% Traditional cash on cash: 5.8% Airbnb Rental Income: $844 Traditional Rental Income: $2880 Airbnb ROI: -1.2% Traditional ROI: 5.8%
3104 Blackberry Circle SW Cedar Rapids, IA Conveniently located in the desirable College Community School District, this well-maintai...	2 beds \| 2 baths \| 1,066 sq.ft.	$189,999	Airbnb cash on cash: -1.37% Traditional cash on cash: 8.9% Airbnb Rental Income: $582 Traditional Rental Income: $2151 Airbnb ROI: -1.37% Traditional ROI: 8.9%
921 NW H Ave Cedar Rapids, IA Welcome home to this beautifully updated 1.75-story, 2-bedroom, 2-bathroom property offeri...	2 beds \| 2 baths \| 765 sq.ft.	$159,999	Airbnb cash on cash: -0.75% Traditional cash on cash: 9.22% Airbnb Rental Income: $582 Traditional Rental Income: $1819 Airbnb ROI: -0.75% Traditional ROI: 9.22%
648 SW 22nd Ave Cedar Rapids, IA You do not want to miss this charming, move-in-ready 1.75-story home! This well-maintained...	3 beds \| 1 baths \| 1,092 sq.ft.	$169,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 7.28% Airbnb Rental Income: $844 Traditional Rental Income: $1661 Airbnb ROI: 0.2% Traditional ROI: 7.28%
1912 Shady Grove Road SW Cedar Rapids, IA Beautifully built Jerry Homes ranch-style property offering 3 bedrooms, 2 bathrooms, and a...	3 beds \| 2 baths \| 1,428 sq.ft.	$314,900	Airbnb cash on cash: -1.27% Traditional cash on cash: 5.12% Airbnb Rental Income: $844 Traditional Rental Income: $2407 Airbnb ROI: -1.27% Traditional ROI: 5.12%
333 Hanover Road SW Cedar Rapids, IA	3 beds \| 2 baths \| 1,464 sq.ft.	$200,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 8.29% Airbnb Rental Income: $844 Traditional Rental Income: $2155 Airbnb ROI: -0.35% Traditional ROI: 8.29%
335 18th Street SE Cedar Rapids, IA Welcome to a piece of Cedar Rapids history. This home sits in the historic district and bl...	3 beds \| 2 baths \| 1,529 sq.ft.	$189,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 6.27% Airbnb Rental Income: $844 Traditional Rental Income: $1629 Airbnb ROI: 0.07% Traditional ROI: 6.27%
927 G Ave NW Cedar Rapids, IA This is one of those homes that just feels right the second you walk in. Bright, comfortab...	3 beds \| 1 baths \| 1,134 sq.ft.	$185,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 6.68% Airbnb Rental Income: $844 Traditional Rental Income: $1709 Airbnb ROI: -0.11% Traditional ROI: 6.68%
702 Fernwood Drive NE Cedar Rapids, IA Welcome home to this spacious and well-maintained split foyer in a desirable NE location c...	3 beds \| 3 baths \| 1,594 sq.ft.	$274,900	Airbnb cash on cash: -0.92% Traditional cash on cash: 3.41% Airbnb Rental Income: $844 Traditional Rental Income: $1637 Airbnb ROI: -0.92% Traditional ROI: 3.41%
617 9th Ave SW Cedar Rapids, IA Charming 2-story home situated on a rare double-parcel (#142941100200000) opportunity tota...	3 beds \| 1 baths \| 1,154 sq.ft.	$150,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 9.17% Airbnb Rental Income: $844 Traditional Rental Income: $1787 Airbnb ROI: 0.3% Traditional ROI: 9.17%
2107 Holly Meadow Avenue SW Cedar Rapids, IA Welcome home to this better than new ranch with a walkout basement! Great SW location just...	4 beds \| 3 baths \| 2,295 sq.ft.	$375,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 5.6% Airbnb Rental Income: $1532 Traditional Rental Income: $2987 Airbnb ROI: 0.21% Traditional ROI: 5.6%
1231 33rd St NE Cedar Rapids, IA Looking for a home that blends comfort, style, and convenience? This charming 2-bedroom, 1...	2 beds \| 1 baths \| 1,360 sq.ft.	$142,500	Airbnb cash on cash: -1.26% Traditional cash on cash: 9.07% Airbnb Rental Income: $582 Traditional Rental Income: $1707 Airbnb ROI: -1.26% Traditional ROI: 9.07%
1100 15th Street SE Cedar Rapids, IA	2 beds \| 1 baths \| 644 sq.ft.	$107,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 8.53% Airbnb Rental Income: $584 Traditional Rental Income: $1242 Airbnb ROI: -0.58% Traditional ROI: 8.53%
1568 Matterhorn Drive NE Cedar Rapids, IA This comfortable condo offers 1,589 square feet with two bedrooms and two full bathrooms. ...	2 beds \| 2 baths \| 1,589 sq.ft.	$205,000	Airbnb cash on cash: -3.13% Traditional cash on cash: 5.97% Airbnb Rental Income: $582 Traditional Rental Income: $2066 Airbnb ROI: -3.13% Traditional ROI: 5.97%
74 Miller Avenue SW #8 Cedar Rapids, IA	2 beds \| 1 baths \| 900 sq.ft.	$109,000	Airbnb cash on cash: -2.09% Traditional cash on cash: 9.89% Airbnb Rental Income: $582 Traditional Rental Income: $1561 Airbnb ROI: -2.09% Traditional ROI: 9.89%
523 6th Avenue SW Cedar Rapids, IA Check out this charming 1.5 story home in Cedar Rapids featuring 3 bedrooms and 1 bathroom...	3 beds \| 1 baths \| 1,248 sq.ft.	$170,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 4.17% Airbnb Rental Income: $844 Traditional Rental Income: $1110 Airbnb ROI: 0.49% Traditional ROI: 4.17%
1895 33rd Ave SW Cedar Rapids, IA PRICE ALERT! $105K PRICE REDUCTION from original offering! LOCATION-LOCATION-LOCATIONâ¦ R...	2 beds \| 1 baths \| 912 sq.ft.	$645,777	Airbnb cash on cash: -0.96% Traditional cash on cash: 1.19% Airbnb Rental Income: $582 Traditional Rental Income: $1591 Airbnb ROI: -0.96% Traditional ROI: 1.19%
1708 Whitters Way NW Cedar Rapids, IA Welcome to this quiet retreat! This roomy NW side home backs to woods and Ellis Golf Cours...	5 beds \| 3 baths \| 1,818 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $2591 Airbnb ROI: N/A Traditional ROI: 5.16%
1505 38th Street SE Cedar Rapids, IA This thoughtfully designed ranch-style home by PRK Williams Building Group blends modern c...	5 beds \| 3 baths \| 2,373 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $1856 Airbnb ROI: N/A Traditional ROI: 3.65%
3840 37th Avenue SW #E Cedar Rapids, IA Welcome home to this well-maintained 2 bed, 1.5 bath condo located in the highly desirable...	2 beds \| 2 baths \| 1,448 sq.ft.	$169,950	Airbnb cash on cash: -2.6% Traditional cash on cash: 5.24% Airbnb Rental Income: $582 Traditional Rental Income: $1566 Airbnb ROI: -2.6% Traditional ROI: 5.24%
1727 B Avenue NE Cedar Rapids, IA ACCEPTED OFFER 4/25 - will show for backup offers. Step into a spacious blend of charm and...	5 beds \| 3 baths \| 2,117 sq.ft.	$225,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 11.11% Airbnb Rental Income: $1583 Traditional Rental Income: $2936 Airbnb ROI: 2.63% Traditional ROI: 11.11%
284 Indiandale Road SE Cedar Rapids, IA Spacious and beautifully updated 4 bed, 3.5 bath ranch offering the perfect blend of comfo...	4 beds \| 4 baths \| 2,486 sq.ft.	$344,950	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.78% Airbnb Rental Income: $1532 Traditional Rental Income: $2768 Airbnb ROI: 0.59% Traditional ROI: 5.78%
5527 Seminole Valley Trail NE Cedar Rapids, IA GORGEOUS TO-BE-BUILT HOME! Located in a popular & upcoming NE area near schools & beautifu...	5 beds \| 3 baths \| 3,932 sq.ft.	$876,836	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $3415 Airbnb ROI: N/A Traditional ROI: 3%
634 16th Avenue SW Cedar Rapids, IA Spacious and fully updated 4-bedroom, 2-bath home located on the desirable southwest side....	4 beds \| 1 baths \| 1,294 sq.ft.	$195,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 4.82% Airbnb Rental Income: $1532 Traditional Rental Income: $1382 Airbnb ROI: 3.23% Traditional ROI: 4.82%
2416 Kestrel Drive SE Cedar Rapids, IA Modern design, functional space, and true move-in-ready convenience come together beautifu...	5 beds \| 3 baths \| 3,262 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.19% Airbnb Rental Income: $null Traditional Rental Income: $3047 Airbnb ROI: N/A Traditional ROI: 3.19%
2908 Schultz Drive NW Cedar Rapids, IA Make this home your own. This inviting property features 2 main-level bedrooms and a full ...	3 beds \| 2 baths \| 1,380 sq.ft.	$199,750	Airbnb cash on cash: 0% Traditional cash on cash: 7.83% Airbnb Rental Income: $844 Traditional Rental Income: $1999 Airbnb ROI: 0% Traditional ROI: 7.83%
160 Bethany Loop SW unit: A Cedar Rapids, IA **Seller offering $2,500 toward buyer's closing costs with accepted offer on or before Apr...	3 beds \| 3 baths \| 1,547 sq.ft.	$274,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 7.02% Airbnb Rental Income: $844 Traditional Rental Income: $2449 Airbnb ROI: -0.47% Traditional ROI: 7.02%
3403 1st Avenue Cedar Rapids, IA House Legal Description: EAST KENWOOD PARK W 40' STR/LB 16 1 Parcel Number for all 3 prope...	20 beds \| N/A baths \| 9,154 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.12% Airbnb Rental Income: $null Traditional Rental Income: $1578 Airbnb ROI: N/A Traditional ROI: -0.12%
2135 1st Avenue SE #115 Cedar Rapids, IA This beautiful condo has had a complete over hall in the last handful of years. All new cu...	2 beds \| 2 baths \| 1,652 sq.ft.	$197,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 8.56% Airbnb Rental Income: $582 Traditional Rental Income: $2139 Airbnb ROI: -1.29% Traditional ROI: 8.56%
4427 J Street SW Cedar Rapids, IA A hidden acreage you have driven by several times and didn't know it existed. Nestled in S...	2 beds \| 2 baths \| 2,110 sq.ft.	$550,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 2.46% Airbnb Rental Income: $582 Traditional Rental Income: $2332 Airbnb ROI: -1.5% Traditional ROI: 2.46%
664 J Ave NE #A Cedar Rapids, IA *HOA Special Credit Available - Contact agent for more details. End-unit townhome-style co...	3 beds \| 3 baths \| 2,025 sq.ft.	$225,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 8.75% Airbnb Rental Income: $844 Traditional Rental Income: $2587 Airbnb ROI: -0.98% Traditional ROI: 8.75%
419 21st Street NE Cedar Rapids, IA Offer Pending - no showings at this time...NE side Bungalow just listed!! Updated (rare) 4...	4 beds \| 2 baths \| 1,547 sq.ft.	$209,800	Airbnb cash on cash: 3.01% Traditional cash on cash: 8.82% Airbnb Rental Income: $1532 Traditional Rental Income: $2245 Airbnb ROI: 3.01% Traditional ROI: 8.82%
5705 Beverly Road SW Cedar Rapids, IA Open house Noon to 2 p.m. May 17 - dreaming of an acreage that is close to town - come see...	3 beds \| 3 baths \| 3,406 sq.ft.	$512,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 2.12% Airbnb Rental Income: $844 Traditional Rental Income: $2194 Airbnb ROI: -1.39% Traditional ROI: 2.12%
2861 Seely Avenue SE Cedar Rapids, IA ONE OWNER HOME - UPDATED KITCHEN NEW Vinyl Floor - UPDATED BATHROOM - Family Room addition...	3 beds \| 1 baths \| 1,649 sq.ft.	$196,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 6.47% Airbnb Rental Income: $844 Traditional Rental Income: $1741 Airbnb ROI: -0.09% Traditional ROI: 6.47%
2126 Snapdragon Circle Cedar Rapids, IA Check out this beautifully designed 5 bedroom, 3 bathroom home with a 3-stall garage built...	5 beds \| 3 baths \| 2,401 sq.ft.	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.94% Airbnb Rental Income: $null Traditional Rental Income: $3076 Airbnb ROI: N/A Traditional ROI: 5.94%
1312 Wilson Ave Cedar Rapids, IA This move in ready home has had many updates, including flooring, bathroom updates, lighti...	2 beds \| 1 baths \| 572 sq.ft.	$103,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 10.59% Airbnb Rental Income: $582 Traditional Rental Income: $1345 Airbnb ROI: 0.1% Traditional ROI: 10.59%
5425 Seminole Valley Trail NE Cedar Rapids, IA	5 beds \| 3 baths \| 3,267 sq.ft.	$718,740	Airbnb cash on cash: N/A Traditional cash on cash: 3.91% Airbnb Rental Income: $null Traditional Rental Income: $3409 Airbnb ROI: N/A Traditional ROI: 3.91%
330 Crescent Street SE Cedar Rapids, IA Looking for a home that perfectly blends timeless character with modern updates? This beau...	3 beds \| 2 baths \| 1,418 sq.ft.	$285,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 5.64% Airbnb Rental Income: $844 Traditional Rental Income: $2189 Airbnb ROI: -0.59% Traditional ROI: 5.64%

Real Estate investment in Cedar-rapids, IA

There are 131 properties for sale in the city of Cedar Rapids . The median list price in Cedar Rapids is $225,000 and the average price per square foot is $123. In May 2026, the average monthly cash on cash return in Cedar Rapids is 7.00%. The average monthly rental income in Cedar Rapids is $2,193.

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

There are 131 investment properties available for sale in Cedar-rapids.

In 2026, 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 $2,193.

Your search for investment property begins and ends here

Investment Property for Sale in Cedar Rapids, IA

528 SW 9th Street

Cedar Rapids, IA

4 beds | 3 baths | 1,370 sq.ft.

$229,999

Airbnb cash on cash: 1.88%

Traditional cash on cash: 9.88%

Airbnb Rental Income: $1532

Traditional Rental Income: $2830

Airbnb ROI: 1.88%

Traditional ROI: 9.88%

3516 Prairie Creek Rd SW

Cedar Rapids, IA

3 beds | 4 baths | 2,035 sq.ft.

$359,900

Airbnb cash on cash: -1.2%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $844

Traditional Rental Income: $2880

Airbnb ROI: -1.2%

Traditional ROI: 5.8%

3104 Blackberry Circle SW

Cedar Rapids, IA

2 beds | 2 baths | 1,066 sq.ft.

$189,999

Airbnb cash on cash: -1.37%

Traditional cash on cash: 8.9%

Airbnb Rental Income: $582

Traditional Rental Income: $2151

Airbnb ROI: -1.37%

Traditional ROI: 8.9%

921 NW H Ave

Cedar Rapids, IA

2 beds | 2 baths | 765 sq.ft.

$159,999

Airbnb cash on cash: -0.75%

Traditional cash on cash: 9.22%

Airbnb Rental Income: $582

Traditional Rental Income: $1819

Airbnb ROI: -0.75%

Traditional ROI: 9.22%

648 SW 22nd Ave

Cedar Rapids, IA

3 beds | 1 baths | 1,092 sq.ft.

$169,900

Airbnb cash on cash: 0.2%

Traditional cash on cash: 7.28%

Airbnb Rental Income: $844

Traditional Rental Income: $1661

Airbnb ROI: 0.2%

Traditional ROI: 7.28%

1912 Shady Grove Road SW

Cedar Rapids, IA

3 beds | 2 baths | 1,428 sq.ft.

$314,900

Airbnb cash on cash: -1.27%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $844

Traditional Rental Income: $2407

Airbnb ROI: -1.27%

Traditional ROI: 5.12%

333 Hanover Road SW

Cedar Rapids, IA

3 beds | 2 baths | 1,464 sq.ft.

$200,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 8.29%

Airbnb Rental Income: $844

Traditional Rental Income: $2155

Airbnb ROI: -0.35%

Traditional ROI: 8.29%

335 18th Street SE

Cedar Rapids, IA

3 beds | 2 baths | 1,529 sq.ft.

$189,000

Airbnb cash on cash: 0.07%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $844

Traditional Rental Income: $1629

Airbnb ROI: 0.07%