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
3000 Wilson Ave SW #3 Cedar Rapids, IA Convenience meets character in this charming first-floor condo! Ideally located on the SW ...	2 beds \| 1 baths \| 922 sq.ft.	$124,900	Airbnb cash on cash: -1.97% Traditional cash on cash: 9.47% Airbnb Rental Income: $685 Traditional Rental Income: $1759 Airbnb ROI: -1.97% Traditional ROI: 9.47%
2245 Tranquil Court NW Cedar Rapids, IA - Located on Cul-de-sac with spectacular views of Cedar River - Ellis Park & Golf Course -...	3 beds \| 3 baths \| 3,390 sq.ft.	$439,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.04% Airbnb Rental Income: $1214 Traditional Rental Income: $2679 Airbnb ROI: 0.53% Traditional ROI: 5.04%
501 24th Street NE Cedar Rapids, IA There's a lot to love about 501 24th St NE! From the beautiful hardwood floors and updated...	3 beds \| 2 baths \| 1,508 sq.ft.	$237,500	Airbnb cash on cash: 0.95% Traditional cash on cash: 7.07% Airbnb Rental Income: $1214 Traditional Rental Income: $2197 Airbnb ROI: 0.95% Traditional ROI: 7.07%
116 33rd Street NE Cedar Rapids, IA With over 1,300 SF of living space, 3 bedrooms, 2 bathrooms, and a convenient location clo...	3 beds \| 2 baths \| 1,333 sq.ft.	$165,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 9.21% Airbnb Rental Income: $1214 Traditional Rental Income: $1946 Airbnb ROI: 2.07% Traditional ROI: 9.21%
7107 Waterview Drive SW Cedar Rapids, IA Enjoy beautiful pond views and easy, comfortable living in this well-maintained condo! Thi...	3 beds \| 3 baths \| 2,208 sq.ft.	$315,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 9.75% Airbnb Rental Income: $1214 Traditional Rental Income: $3713 Airbnb ROI: -0.01% Traditional ROI: 9.75%
1010 Pawnee Dr NW Cedar Rapids, IA Welcome home to this spacious 4-bedroom, 1-bath split foyer tucked away in a quiet neighbo...	4 beds \| 1 baths \| 1,919 sq.ft.	$205,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 5.87% Airbnb Rental Income: $1652 Traditional Rental Income: $1761 Airbnb ROI: 2.92% Traditional ROI: 5.87%
350 Woodland Drive SE Cedar Rapids, IA Set in an established SE Cedar Rapids neighborhood near Bever Park, this two-story home br...	2 beds \| 2 baths \| 1,774 sq.ft.	$179,900	Airbnb cash on cash: -1.14% Traditional cash on cash: 9.61% Airbnb Rental Income: $685 Traditional Rental Income: $2222 Airbnb ROI: -1.14% Traditional ROI: 9.61%
3333 Carlisle Street NE Cedar Rapids, IA	3 beds \| 2 baths \| 1,711 sq.ft.	$225,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 7.71% Airbnb Rental Income: $1214 Traditional Rental Income: $2269 Airbnb ROI: 0.92% Traditional ROI: 7.71%
411 22nd St NE Cedar Rapids, IA Beautiful hardwood floors, classic architectural details, and flexible living space make t...	3 beds \| 2 baths \| 1,467 sq.ft.	$165,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 10.31% Airbnb Rental Income: $1214 Traditional Rental Income: $2122 Airbnb ROI: 2.06% Traditional ROI: 10.31%
1116 20th Avenue SW Cedar Rapids, IA Affordable and efficient 1-bedroom, 1-bath ranch with a surprising amount of outdoor and g...	1 beds \| 1 baths \| 610 sq.ft.	$129,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 8.43% Airbnb Rental Income: $636 Traditional Rental Income: $1426 Airbnb ROI: -0.26% Traditional ROI: 8.43%
264 Wilson Ave SW Cedar Rapids, IA Move-in ready and conveniently located! This 3-bedroom, 1-bath home offers 1,570 finished ...	3 beds \| 1 baths \| 1,570 sq.ft.	$159,500	Airbnb cash on cash: 2.3% Traditional cash on cash: 8.72% Airbnb Rental Income: $1214 Traditional Rental Income: $1800 Airbnb ROI: 2.3% Traditional ROI: 8.72%
1623 Bobcat Drive NW Cedar Rapids, IA Beautifully maintained, thoughtfully upgraded, and offering even more space than meets the...	4 beds \| 3 baths \| 2,298 sq.ft.	$420,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 4.91% Airbnb Rental Income: $1652 Traditional Rental Income: $2915 Airbnb ROI: 0.52% Traditional ROI: 4.91%
1221 B Avenue NW Cedar Rapids, IA 1221 B Avenue NW is a solid, straightforward home with a fresh start already underway. New...	3 beds \| 1 baths \| 1,049 sq.ft.	$120,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 11.2% Airbnb Rental Income: $1214 Traditional Rental Income: $1593 Airbnb ROI: 4.54% Traditional ROI: 11.2%
6503 Medford Lane NE Cedar Rapids, IA Beautifully Remodeled Home in a Quiet Neighborhood! Move right in and enjoy this completel...	4 beds \| 2 baths \| 1,459 sq.ft.	$257,500	Airbnb cash on cash: 2.21% Traditional cash on cash: 6.39% Airbnb Rental Income: $1652 Traditional Rental Income: $2203 Airbnb ROI: 2.21% Traditional ROI: 6.39%
269 Highland Drive NW Cedar Rapids, IA Charming home, great location, move-in Appeal. Great first time buyer opportunity. Discove...	3 beds \| 1 baths \| 1,314 sq.ft.	$178,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 7.51% Airbnb Rental Income: $1214 Traditional Rental Income: $1802 Airbnb ROI: 1.76% Traditional ROI: 7.51%
829 25th St NE Cedar Rapids, IA Clean, spacious, and ready for its new owner! Tucked away on the quiet NE side of Cedar Ra...	3 beds \| 2 baths \| 1,466 sq.ft.	$189,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.8% Airbnb Rental Income: $1214 Traditional Rental Income: $1592 Airbnb ROI: 1.54% Traditional ROI: 5.8%
3-5 27th Avenue SW Cedar Rapids, IA Outstanding Duplex in Prime Cedar Rapids location. This turnkey property features one uppe...	4 beds \| N/A baths \| 2,060 sq.ft.	$249,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 2.65% Airbnb Rental Income: $1652 Traditional Rental Income: $1246 Airbnb ROI: 2.4% Traditional ROI: 2.65%
4-6 27th Avenue SW Cedar Rapids, IA Outstanding Duplex in Prime Cedar Rapids location. This turnkey property features one uppe...	4 beds \| N/A baths \| 1,997 sq.ft.	$249,900	Airbnb cash on cash: 2.44% Traditional cash on cash: 2.7% Airbnb Rental Income: $1652 Traditional Rental Income: $1249 Airbnb ROI: 2.44% Traditional ROI: 2.7%
1895 33rd Ave SW Cedar Rapids, IA PRICE ALERT! $105K PRICE REDUCTION from original offering! LOCATION-LOCATION-LOCATION... R...	2 beds \| 1 baths \| 912 sq.ft.	$645,777	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.19% Airbnb Rental Income: $685 Traditional Rental Income: $1591 Airbnb ROI: -0.81% Traditional ROI: 1.19%
1209 Forest Glen Court SE Cedar Rapids, IA A New Price Reduced!!!! Motivated Sellers. Rare Stand-Alone Condo, ideal blend of privacy ...	2 beds \| 3 baths \| 2,011 sq.ft.	$256,500	Airbnb cash on cash: -1.45% Traditional cash on cash: 5.61% Airbnb Rental Income: $685 Traditional Rental Income: $2091 Airbnb ROI: -1.45% Traditional ROI: 5.61%
806 8th Street SW Cedar Rapids, IA Welcome home! This beautifully updated 5-bedroom home offers 1.5 bathrooms and 1,735 finis...	5 beds \| 2 baths \| 1,735 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.65% Airbnb Rental Income: $null Traditional Rental Income: $2391 Airbnb ROI: N/A Traditional ROI: 8.65%
1325 Maplewood Drive NE Cedar Rapids, IA Neat as a pin NE ranch within blocks of Mt Mercy - an ideal rental, first home or downsizi...	2 beds \| 1 baths \| 768 sq.ft.	$125,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 5.91% Airbnb Rental Income: $685 Traditional Rental Income: $1076 Airbnb ROI: 0.14% Traditional ROI: 5.91%
223 17th Street NE Cedar Rapids, IA	1 beds \| 1 baths \| 480 sq.ft.	$82,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 6.12% Airbnb Rental Income: $636 Traditional Rental Income: $756 Airbnb ROI: 0.97% Traditional ROI: 6.12%
1024 D Avenue NW Cedar Rapids, IA Welcome to 1024 D Ave NW! This charming home offers a cozy, functional layout with classic...	3 beds \| 1 baths \| 1,495 sq.ft.	$184,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 3.58% Airbnb Rental Income: $1214 Traditional Rental Income: $1152 Airbnb ROI: 1.7% Traditional ROI: 3.58%
4322 Banar Ave SW Cedar Rapids, IA Spic and span throughout, this southwest Cedar Rapids townhome offers open and easy living...	3 beds \| 2 baths \| 1,688 sq.ft.	$257,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 3.87% Airbnb Rental Income: $1214 Traditional Rental Income: $1930 Airbnb ROI: -0.69% Traditional ROI: 3.87%
1528 Bilgarie Ct NE Cedar Rapids, IA Enjoy the carefree condo lifestyle without sacrificing space or comfort! This spacious ran...	3 beds \| 3 baths \| 3,052 sq.ft.	$362,500	Airbnb cash on cash: -0.54% Traditional cash on cash: 5.18% Airbnb Rental Income: $1214 Traditional Rental Income: $2768 Airbnb ROI: -0.54% Traditional ROI: 5.18%
2416 Kestrel Drive SE Cedar Rapids, IA When you buy your new home, where do you want to live? Why not choose a county view like t...	5 beds \| 3 baths \| 2,876 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.21% Airbnb Rental Income: $null Traditional Rental Income: $3047 Airbnb ROI: N/A Traditional ROI: 3.21%
1318 Beringer Court NE Cedar Rapids, IA Built in 2024 and lightly lived in, this home has the upgrades buyers want without the wai...	4 beds \| 3 baths \| 2,164 sq.ft.	$410,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.62% Airbnb Rental Income: $1652 Traditional Rental Income: $2435 Airbnb ROI: 0.37% Traditional ROI: 3.62%
6664 Sand Ct SW Cedar Rapids, IA Welcome home to this bright and spacious property filled with natural light. Step into the...	4 beds \| 3 baths \| 2,538 sq.ft.	$308,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 7.13% Airbnb Rental Income: $1652 Traditional Rental Income: $2906 Airbnb ROI: 1.2% Traditional ROI: 7.13%
2520 Falbrook Drive NE Cedar Rapids, IA 3 bedrooms, 2 bathrooms, close to schools and Twin Pines Golf Course, minutes from shoppin...	3 beds \| 2 baths \| 1,464 sq.ft.	$245,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.97% Airbnb Rental Income: $1214 Traditional Rental Income: $2030 Airbnb ROI: 0.76% Traditional ROI: 5.97%
651 40th Street SE Cedar Rapids, IA Welcome to this inviting home offering a comfortable layout, versatile living spaces, and ...	4 beds \| 2 baths \| 1,680 sq.ft.	$179,900	Airbnb cash on cash: 3.82% Traditional cash on cash: 10.19% Airbnb Rental Income: $1652 Traditional Rental Income: $2280 Airbnb ROI: 3.82% Traditional ROI: 10.19%
130 Thompson Dr SE #320 Cedar Rapids, IA Nicely updated 1 bedroom, 1 bath condo in Cedar Rapids' 55+ community, Regency North! This...	1 beds \| 1 baths \| 980 sq.ft.	$100,000	Airbnb cash on cash: -3.87% Traditional cash on cash: 8.99% Airbnb Rental Income: $636 Traditional Rental Income: $1592 Airbnb ROI: -3.87% Traditional ROI: 8.99%
163 Bethany Loop SW #A Cedar Rapids, IA Experience modern living in this newly built duplex offering 3 spacious bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,547 sq.ft.	$279,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 6.7% Airbnb Rental Income: $1214 Traditional Rental Income: $2533 Airbnb ROI: 0.22% Traditional ROI: 6.7%
905 3rd Street SE #304 Cedar Rapids, IA Urban sophistication meets timeless character in this downtown loft condo. Step inside thi...	1 beds \| 1 baths \| 940 sq.ft.	$210,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 5.9% Airbnb Rental Income: $636 Traditional Rental Income: $1751 Airbnb ROI: -1.18% Traditional ROI: 5.9%
5630 Seminole Valley Trail NE Cedar Rapids, IA Custom-built and thoughtfully designed, this exceptional home is tucked away on a quiet cu...	4 beds \| 4 baths \| 3,286 sq.ft.	$599,990	Airbnb cash on cash: 0.31% Traditional cash on cash: 4.99% Airbnb Rental Income: $1652 Traditional Rental Income: $3805 Airbnb ROI: 0.31% Traditional ROI: 4.99%
600 Carlton Road SE Cedar Rapids, IA Nearly 1.8 acres IN TOWN, and the updates you've been waiting for! This beautiful 4-bedroo...	4 beds \| 2 baths \| 1,972 sq.ft.	$460,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.42% Airbnb Rental Income: $1652 Traditional Rental Income: $2409 Airbnb ROI: 0.58% Traditional ROI: 3.42%
160 Bethany Loop SW #B Cedar Rapids, IA Discover these stunning new construction condos featuring 3 spacious bedrooms and 2.5 luxu...	3 beds \| 3 baths \| 1,547 sq.ft.	$270,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 6.59% Airbnb Rental Income: $1214 Traditional Rental Income: $2598 Airbnb ROI: -0.38% Traditional ROI: 6.59%
160 Bethany Loop SW #C Cedar Rapids, IA Discover these stunning new construction condos featuring 3 spacious bedrooms and 2.5 luxu...	3 beds \| 3 baths \| 1,547 sq.ft.	$270,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 6.59% Airbnb Rental Income: $1214 Traditional Rental Income: $2598 Airbnb ROI: -0.38% Traditional ROI: 6.59%
7505 Blairs Ferry Road Cedar Rapids, IA NOW THIS IS LIVING. Secluded. Scenic. Unforgettable. Welcome to 17 acres of pure privacy, ...	5 beds \| 5 baths \| 4,587 sq.ft.	$2,249,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.01% Airbnb Rental Income: $null Traditional Rental Income: $5764 Airbnb ROI: N/A Traditional ROI: 1.01%
366 7th Avenue SW Cedar Rapids, IA Discover a compelling investment opportunity with this well-maintained 2-unit multifamily ...	4 beds \| N/A baths \| 1,352 sq.ft.	$165,000	Airbnb cash on cash: 4.68% Traditional cash on cash: 9.3% Airbnb Rental Income: $1652 Traditional Rental Income: $1915 Airbnb ROI: 4.68% Traditional ROI: 9.3%

Real Estate investment in Cedar-rapids, IA

There are 142 properties for sale in the city of Cedar Rapids . The median list price in Cedar Rapids is $224,893 and the average price per square foot is $110. In November 2026, the average monthly cash on cash return in Cedar Rapids is 7.00%. The average monthly rental income in Cedar Rapids is $2,252.

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

There are 142 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 $2,252.

Your search for investment property begins and ends here

Investment Property for Sale in Cedar Rapids, IA

3000 Wilson Ave SW #3

Cedar Rapids, IA

2 beds | 1 baths | 922 sq.ft.

$124,900

Airbnb cash on cash: -1.97%

Traditional cash on cash: 9.47%

Airbnb Rental Income: $685

Traditional Rental Income: $1759

Airbnb ROI: -1.97%

Traditional ROI: 9.47%

2245 Tranquil Court NW

Cedar Rapids, IA

3 beds | 3 baths | 3,390 sq.ft.

$439,000

Airbnb cash on cash: 0.53%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1214

Traditional Rental Income: $2679

Airbnb ROI: 0.53%

Traditional ROI: 5.04%

501 24th Street NE

Cedar Rapids, IA

3 beds | 2 baths | 1,508 sq.ft.

$237,500

Airbnb cash on cash: 0.95%

Traditional cash on cash: 7.07%

Airbnb Rental Income: $1214

Traditional Rental Income: $2197

Airbnb ROI: 0.95%

Traditional ROI: 7.07%

116 33rd Street NE

Cedar Rapids, IA

3 beds | 2 baths | 1,333 sq.ft.

$165,000

Airbnb cash on cash: 2.07%

Traditional cash on cash: 9.21%

Airbnb Rental Income: $1214

Traditional Rental Income: $1946

Airbnb ROI: 2.07%

Traditional ROI: 9.21%

7107 Waterview Drive SW

Cedar Rapids, IA

3 beds | 3 baths | 2,208 sq.ft.

$315,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 9.75%

Airbnb Rental Income: $1214

Traditional Rental Income: $3713

Airbnb ROI: -0.01%

Traditional ROI: 9.75%

1010 Pawnee Dr NW

Cedar Rapids, IA

4 beds | 1 baths | 1,919 sq.ft.

$205,000

Airbnb cash on cash: 2.92%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $1652

Traditional Rental Income: $1761

Airbnb ROI: 2.92%

Traditional ROI: 5.87%

350 Woodland Drive SE

Cedar Rapids, IA

2 beds | 2 baths | 1,774 sq.ft.

$179,900

Airbnb cash on cash: -1.14%

Traditional cash on cash: 9.61%

Airbnb Rental Income: $685

Traditional Rental Income: $2222

Airbnb ROI: -1.14%

Traditional ROI: 9.61%

3333 Carlisle Street NE

Cedar Rapids, IA

3 beds | 2 baths | 1,711 sq.ft.

$225,000

Airbnb cash on cash: 0.92%

Traditional cash on cash: 7.71%

Airbnb Rental Income: $1214

Traditional Rental Income: $2269

Airbnb ROI: 0.92%