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
205 21st Street NE Cedar Rapids, IA Welcome to this beautifully updated cottage-style home that blends timeless charm with con...	4 beds \| 3 baths \| 1,974 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.73% Airbnb Rental Income: $null Traditional Rental Income: $2902 Airbnb ROI: N/A Traditional ROI: 10.73%
1073 74th Street NE Cedar Rapids, IA Welcome to this spacious and beautifully maintained townhouse style condo in Oakmont Villa...	3 beds \| 3 baths \| 1,895 sq.ft.	$210,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 9.65% Airbnb Rental Income: $1540 Traditional Rental Income: $2522 Airbnb ROI: 2.48% Traditional ROI: 9.65%
1458 Tower Lane NE #12 Cedar Rapids, IA Clean, comfortable, and ready for a new owner! This updated 2 bedroom, 2 bath ranch condo ...	2 beds \| 2 baths \| 1,167 sq.ft.	$204,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 8.16% Airbnb Rental Income: $1128 Traditional Rental Income: $2165 Airbnb ROI: 0.85% Traditional ROI: 8.16%
5221 Dostal Drive SW Cedar Rapids, IA Welcome to this beautifully updated 4 bed, 3 bath ranch-style gem! From the moment you ste...	4 beds \| 3 baths \| 1,751 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.83% Airbnb Rental Income: $null Traditional Rental Income: $2656 Airbnb ROI: N/A Traditional ROI: 6.83%
7599 NE Summerset Ave Cedar Rapids, IA Welcome to this beautifully updated two-bedroom, two-bathroom condo nestled in a quiet nei...	2 beds \| 2 baths \| 1,389 sq.ft.	$254,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 5.67% Airbnb Rental Income: $1128 Traditional Rental Income: $2388 Airbnb ROI: -1.13% Traditional ROI: 5.67%
1813 3rd Ave. SE Cedar Rapids, IA Historic Charm Meets Modern Comfort in This Move-In Ready 2-Story Gem! Nestled in the hear...	3 beds \| 2 baths \| 1,613 sq.ft.	$187,500	Airbnb cash on cash: 3.08% Traditional cash on cash: 9.3% Airbnb Rental Income: $1540 Traditional Rental Income: $2203 Airbnb ROI: 3.08% Traditional ROI: 9.3%
409 Carter St NW Cedar Rapids, IA beautifully maintained 3-bedroom, 1.5-bath home located in a quiet, established neighborho...	3 beds \| 2 baths \| 1,494 sq.ft.	$212,500	Airbnb cash on cash: 2.43% Traditional cash on cash: 8.06% Airbnb Rental Income: $1540 Traditional Rental Income: $2229 Airbnb ROI: 2.43% Traditional ROI: 8.06%
4201 Vine Avenue SE Cedar Rapids, IA Welcome to this charming, updated ranch-style home. 3 Bedroom 3 bath privately located on ...	3 beds \| 3 baths \| 1,534 sq.ft.	$219,950	Airbnb cash on cash: 2.26% Traditional cash on cash: 7.94% Airbnb Rental Income: $1540 Traditional Rental Income: $2277 Airbnb ROI: 2.26% Traditional ROI: 7.94%
3400 H Ave NW Cedar Rapids, IA Come check out the newest and cutest listing on the NW side! This 1960âs charmer is look...	4 beds \| 2 baths \| 1,278 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.69% Airbnb Rental Income: $null Traditional Rental Income: $1690 Airbnb ROI: N/A Traditional ROI: 7.69%
3101 C Avenue NE Cedar Rapids, IA Charming, move-in ready 1.5 story home with 4 bedrooms and 1.5 bathrooms! The freshly pain...	4 beds \| 2 baths \| 1,059 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.58% Airbnb Rental Income: $null Traditional Rental Income: $2034 Airbnb ROI: N/A Traditional ROI: 11.58%
1424 9th Street SW Cedar Rapids, IA Great starter home in a convenient location! Hardwood flooring throughout the home, with n...	3 beds \| 2 baths \| 1,324 sq.ft.	$159,500	Airbnb cash on cash: 4.4% Traditional cash on cash: 11.71% Airbnb Rental Income: $1540 Traditional Rental Income: $2208 Airbnb ROI: 4.4% Traditional ROI: 11.71%
937 Daniels St NE Cedar Rapids, IA Looking for a location close to shopping, schools, parks and easy access to I-380? Congrat...	2 beds \| 2 baths \| 1,292 sq.ft.	$155,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 10.75% Airbnb Rental Income: $1128 Traditional Rental Income: $2055 Airbnb ROI: 1.95% Traditional ROI: 10.75%
4928 McGowan Drive Cedar Rapids, IA Have you been looking for land (almost an acre) with fenced in yard, great updated house, ...	4 beds \| 2 baths \| 2,017 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $1671 Airbnb ROI: N/A Traditional ROI: 2.18%
369 15th Street SE Cedar Rapids, IA Great investment opportunity! Check out this upper/lower duplex with many updates. Both un...	N/A beds \| N/A baths \| 2,480 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $997 Airbnb ROI: N/A Traditional ROI: 5.07%
6807 Waterview Drive SW Cedar Rapids, IA This stunning stand-alone ranch condo at The Villas at Stoney Point features a spacious ki...	2 beds \| 3 baths \| 2,195 sq.ft.	$270,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 7.98% Airbnb Rental Income: $1128 Traditional Rental Income: $2774 Airbnb ROI: 0.04% Traditional ROI: 7.98%
3509 Pioneer Ave SE Cedar Rapids, IA This 4-bedroom, 3.5-bath townhome, built in 2018, shows like a a new condo, it is perfect...	4 beds \| 4 baths \| 2,419 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $2424 Airbnb ROI: N/A Traditional ROI: 6.31%
913 Deer Run Dr NE Cedar Rapids, IA Maintenance-free living plus easy access to Linn-Mar Schools, parks, shopping, dining, and...	3 beds \| 2 baths \| 1,251 sq.ft.	$280,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 6.36% Airbnb Rental Income: $1540 Traditional Rental Income: $2494 Airbnb ROI: 1.06% Traditional ROI: 6.36%
396 Red Fox Rd SE Cedar Rapids, IA Welcome to this stunning split-foyer home located in a highly sought-after neighborhood in...	4 beds \| 3 baths \| 1,906 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $2742 Airbnb ROI: N/A Traditional ROI: 7.49%
1871 Ellis Boulevard NW #202 Cedar Rapids, IA	2 beds \| 2 baths \| 1,500 sq.ft.	$419,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 3.91% Airbnb Rental Income: $1128 Traditional Rental Income: $2633 Airbnb ROI: -0.88% Traditional ROI: 3.91%
914 6th Street SW Cedar Rapids, IA Great investor or first time homebuyer opportunity. Nicely updated home with almost 1500 s...	4 beds \| 2 baths \| 1,550 sq.ft.	$161,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.82% Airbnb Rental Income: $null Traditional Rental Income: $2307 Airbnb ROI: N/A Traditional ROI: 11.82%
2817 Old Orchard Rd NE Cedar Rapids, IA Donât miss your chance to own this stunning 4 bedroom, 2.5 bath custom-built Scallon hom...	4 beds \| 3 baths \| 2,100 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $2826 Airbnb ROI: N/A Traditional ROI: 2.87%
2539 Vernon Court SE Cedar Rapids, IA Perfect for First-Time Homebuyers! This updated 4-bedroom home features a bright living r...	4 beds \| 3 baths \| 2,040 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.35% Airbnb Rental Income: $null Traditional Rental Income: $2900 Airbnb ROI: N/A Traditional ROI: 10.35%
2525 SW Linwood Street Cedar Rapids, IA Completely revitalized and move-in ready! This stunning home has been meticulously updated...	3 beds \| 1 baths \| 1,086 sq.ft.	$194,500	Airbnb cash on cash: 3.08% Traditional cash on cash: 7.22% Airbnb Rental Income: $1540 Traditional Rental Income: $1859 Airbnb ROI: 3.08% Traditional ROI: 7.22%
3508 Badger Drive SW Cedar Rapids, IA Welcome home! Nestled away in a quiet SW Cedar Rapids neighborhood; a stones throw from Ta...	3 beds \| 3 baths \| 2,399 sq.ft.	$325,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 6.54% Airbnb Rental Income: $1540 Traditional Rental Income: $2842 Airbnb ROI: 0.82% Traditional ROI: 6.54%
1727 Grande Ave SE Cedar Rapids, IA Character and space for days! This 1915 gem sits on a corner lot in CRâs historic distri...	4 beds \| 3 baths \| 2,240 sq.ft.	$208,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.85% Airbnb Rental Income: $null Traditional Rental Income: $2902 Airbnb ROI: N/A Traditional ROI: 11.85%
1285 NW Bunker Hill Drive Cedar Rapids, IA Welcome to this beautifully landscaped 1.5-story home that combines comfort, convenience, ...	4 beds \| 3 baths \| 1,554 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $2610 Airbnb ROI: N/A Traditional ROI: 4.6%
1623 Colony Court SE Cedar Rapids, IA This beautiful two-story home sits on over a half-acre lot, overlooking a spacious open ya...	5 beds \| 5 baths \| 3,242 sq.ft.	$429,950	Airbnb cash on cash: N/A Traditional cash on cash: 9.87% Airbnb Rental Income: $null Traditional Rental Income: $5097 Airbnb ROI: N/A Traditional ROI: 9.87%
1267 SW 18th Ave Cedar Rapids, IA Updated and Ready for You! This three-bedroom home with a non-conforming lower-level room ...	3 beds \| 2 baths \| 972 sq.ft.	$189,900	Airbnb cash on cash: 3.24% Traditional cash on cash: 9.49% Airbnb Rental Income: $1540 Traditional Rental Income: $2223 Airbnb ROI: 3.24% Traditional ROI: 9.49%
1325 NW Bunker Hill Drive Cedar Rapids, IA Don't miss out on this newer built home (2020), 4-bedroom, 3-bathroom home in the highly d...	4 beds \| 3 baths \| 1,159 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $2456 Airbnb ROI: N/A Traditional ROI: 4.77%
9243 Feather Ridge Pass Cedar Rapids, IA Truly Exceptional Home in Feather Ridge Subdivision. Take advantage of low county taxes j...	4 beds \| 4 baths \| 3,045 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.7% Airbnb Rental Income: $null Traditional Rental Income: $3743 Airbnb ROI: N/A Traditional ROI: 4.7%
3322 Riverside Drive NE Cedar Rapids, IA Enjoy the perfect blend of comfort, privacy and convenience. Tucked into a peaceful, woode...	4 beds \| 4 baths \| 3,059 sq.ft.	$349,950	Airbnb cash on cash: N/A Traditional cash on cash: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $3553 Airbnb ROI: N/A Traditional ROI: 7.97%
5500 Sharon Lane NW Cedar Rapids, IA This is a beauty. This home has been updated and beautified. Newer windows, new carpeting,...	3 beds \| 1 baths \| 1,318 sq.ft.	$190,000	Airbnb cash on cash: 4.5% Traditional cash on cash: 4.23% Airbnb Rental Income: $1540 Traditional Rental Income: $1045 Airbnb ROI: 4.5% Traditional ROI: 4.23%
3107 Johnson Ave NW #4 Cedar Rapids, IA Step inside to a spacious eat-in kitchen, ideal for gatherings or quiet meals at home. The...	2 beds \| 1 baths \| 866 sq.ft.	$96,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 10.85% Airbnb Rental Income: $1128 Traditional Rental Income: $1509 Airbnb ROI: 2.75% Traditional ROI: 10.85%
3618 Kegler Court SE Cedar Rapids, IA Perfectly positioned at the end of a quiet cul-de-sac on just under an acre of mature wood...	4 beds \| 4 baths \| 3,694 sq.ft.	$534,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.43% Airbnb Rental Income: $null Traditional Rental Income: $3085 Airbnb ROI: N/A Traditional ROI: 3.43%
3218 C Ave NE Cedar Rapids, IA Welcome to 3218 C Avenue! This charming home features 3 bedrooms, including a spacious upp...	3 beds \| 2 baths \| 1,100 sq.ft.	$189,900	Airbnb cash on cash: 3.3% Traditional cash on cash: 8.53% Airbnb Rental Income: $1540 Traditional Rental Income: $2037 Airbnb ROI: 3.3% Traditional ROI: 8.53%
1638 B Ave NE Cedar Rapids, IA Turnkey, Cash-Flowing Duplex â Fully Renovated! Excellent investment opportunity with ma...	N/A beds \| N/A baths \| 2,251 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.15% Airbnb Rental Income: $null Traditional Rental Income: $1948 Airbnb ROI: N/A Traditional ROI: 8.15%
1073 G Avenue NW Cedar Rapids, IA Check out this quaint 1.5 story home centrally located in a quiet area on the NW side. Thi...	3 beds \| 1 baths \| 1,008 sq.ft.	$130,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 10.79% Airbnb Rental Income: $1540 Traditional Rental Income: $1720 Airbnb ROI: 5.79% Traditional ROI: 10.79%
5794 Oakwood Ave NE #2 Cedar Rapids, IA You can rest easy in this neighborhood! Gated community with exceptionally maintained gr...	3 beds \| 3 baths \| 1,971 sq.ft.	$242,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 7.39% Airbnb Rental Income: $1540 Traditional Rental Income: $2701 Airbnb ROI: 0.37% Traditional ROI: 7.39%
6715 Creekside Drive NE #5 Cedar Rapids, IA Discover the perfect blend of comfort and convenience at 6715 Creekside Dr NE! This inviti...	2 beds \| 1 baths \| 975 sq.ft.	$118,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 11.23% Airbnb Rental Income: $1128 Traditional Rental Income: $1660 Airbnb ROI: 3.25% Traditional ROI: 11.23%
927 NW O Ave Cedar Rapids, IA Donât miss this adorable single-family home in a prime NW Cedar Rapids location! Featuri...	2 beds \| 1 baths \| 836 sq.ft.	$155,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 7.52% Airbnb Rental Income: $1128 Traditional Rental Income: $1580 Airbnb ROI: 1.92% Traditional ROI: 7.52%

Real Estate investment in Cedar-rapids, IA

There are 226 properties for sale in the city of Cedar Rapids . The median list price in Cedar Rapids is $230,000 and the average price per square foot is $124. In September 2025, the average monthly cash on cash return in Cedar Rapids is 8.00%. The average monthly rental income in Cedar Rapids is $2,279.

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

There are 226 investment properties available for sale in Cedar-rapids.

In 2025, 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 $2,279.

Your search for investment property begins and ends here

Investment Property for Sale in Cedar Rapids, IA

205 21st Street NE

Cedar Rapids, IA

4 beds | 3 baths | 1,974 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2902

Airbnb ROI: N/A

Traditional ROI: 10.73%

1073 74th Street NE

Cedar Rapids, IA

3 beds | 3 baths | 1,895 sq.ft.

$210,000

Airbnb cash on cash: 2.48%

Traditional cash on cash: 9.65%

Airbnb Rental Income: $1540

Traditional Rental Income: $2522

Airbnb ROI: 2.48%

Traditional ROI: 9.65%

1458 Tower Lane NE #12

Cedar Rapids, IA

2 beds | 2 baths | 1,167 sq.ft.

$204,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 8.16%

Airbnb Rental Income: $1128

Traditional Rental Income: $2165

Airbnb ROI: 0.85%

Traditional ROI: 8.16%

5221 Dostal Drive SW

Cedar Rapids, IA

4 beds | 3 baths | 1,751 sq.ft.

$290,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2656

Airbnb ROI: N/A

Traditional ROI: 6.83%

7599 NE Summerset Ave

Cedar Rapids, IA

2 beds | 2 baths | 1,389 sq.ft.

$254,900

Airbnb cash on cash: -1.13%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1128

Traditional Rental Income: $2388

Airbnb ROI: -1.13%

Traditional ROI: 5.67%

1813 3rd Ave. SE

Cedar Rapids, IA

3 beds | 2 baths | 1,613 sq.ft.

$187,500

Airbnb cash on cash: 3.08%

Traditional cash on cash: 9.3%

Airbnb Rental Income: $1540

Traditional Rental Income: $2203

Airbnb ROI: 3.08%

Traditional ROI: 9.3%

409 Carter St NW

Cedar Rapids, IA

3 beds | 2 baths | 1,494 sq.ft.

$212,500

Airbnb cash on cash: 2.43%

Traditional cash on cash: 8.06%

Airbnb Rental Income: $1540

Traditional Rental Income: $2229

Airbnb ROI: 2.43%

Traditional ROI: 8.06%

4201 Vine Avenue SE

Cedar Rapids, IA

3 beds | 3 baths | 1,534 sq.ft.

$219,950

Airbnb cash on cash: 2.26%

Traditional cash on cash: 7.94%

Airbnb Rental Income: $1540

Traditional Rental Income: $2277

Airbnb ROI: 2.26%