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.	$122,500	Airbnb cash on cash: -2.82% Traditional cash on cash: 9.7% Airbnb Rental Income: $564 Traditional Rental Income: $1759 Airbnb ROI: -2.82% Traditional ROI: 9.7%
2609 1st Avenue SW Cedar Rapids, IA Situated on nearly 3/4 of an acre in a convenient Cedar Rapids location, this ranch style ...	3 beds \| 2 baths \| 1,422 sq.ft.	$282,500	Airbnb cash on cash: 0.68% Traditional cash on cash: 6.08% Airbnb Rental Income: $1275 Traditional Rental Income: $2311 Airbnb ROI: 0.68% Traditional ROI: 6.08%
2245 Tranquil Court NW Cedar Rapids, IA OPEN HOUSE - 12 - 1:30 - 7/19 -NEW PRICE - $16,000 CHANGE - NOW $449, Located on Cul-de-sa...	3 beds \| 3 baths \| 3,390 sq.ft.	$449,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 4.91% Airbnb Rental Income: $1275 Traditional Rental Income: $2679 Airbnb ROI: 0.61% Traditional ROI: 4.91%
2447 Lauren Drive SW Cedar Rapids, IA You can't beat this location! Situated on a quiet street with convenient access to shoppin...	3 beds \| 1 baths \| 1,760 sq.ft.	$219,950	Airbnb cash on cash: 1.21% Traditional cash on cash: 5.81% Airbnb Rental Income: $1275 Traditional Rental Income: $1832 Airbnb ROI: 1.21% Traditional ROI: 5.81%
5601 Ruhd Street SW Cedar Rapids, IA Better Than New Ranch Home on a Quiet Cul-de-Sac! Welcome home to this beautifully maintai...	4 beds \| 2 baths \| 2,531 sq.ft.	$335,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 5.91% Airbnb Rental Income: $1051 Traditional Rental Income: $2690 Airbnb ROI: -0.45% Traditional ROI: 5.91%
1536 7th Avenue SE Cedar Rapids, IA Character lovers, take note! Beautiful wood details throughout this charming Cedar Rapids ...	3 beds \| 1 baths \| 1,326 sq.ft.	$155,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 8.54% Airbnb Rental Income: $1275 Traditional Rental Income: $1722 Airbnb ROI: 2.82% Traditional ROI: 8.54%
1235 N Street SW Cedar Rapids, IA You'll be greeted by a charming covered front porch, the perfect spot to enjoy your mornin...	4 beds \| 3 baths \| 1,890 sq.ft.	$229,950	Airbnb cash on cash: 0.08% Traditional cash on cash: 9.38% Airbnb Rental Income: $1051 Traditional Rental Income: $2709 Airbnb ROI: 0.08% Traditional ROI: 9.38%
2312 B Ave NE Cedar Rapids, IA All the expensive updates are already done! This beautifully updated two-story home offers...	3 beds \| 2 baths \| 1,620 sq.ft.	$229,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 7.54% Airbnb Rental Income: $1275 Traditional Rental Income: $2197 Airbnb ROI: 1.43% Traditional ROI: 7.54%
1529 D Avenue NE Cedar Rapids, IA Step into the charm of this 2-bedroom, 1-bath home offering 1,288 square feet of comfortab...	2 beds \| 2 baths \| 1,288 sq.ft.	$148,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 8.42% Airbnb Rental Income: $564 Traditional Rental Income: $1608 Airbnb ROI: -0.95% Traditional ROI: 8.42%
1287 29th Street NE Cedar Rapids, IA Charming and bright Cape Cod with all the updates! This beautifully refreshed home feature...	4 beds \| 2 baths \| 1,840 sq.ft.	$269,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 6.79% Airbnb Rental Income: $1051 Traditional Rental Income: $2422 Airbnb ROI: -0.02% Traditional ROI: 6.79%
1844 B Avenue NW Cedar Rapids, IA Don't let the size fool you-this 1 1/2-story home knows how to use every square foot! Cozy...	3 beds \| 1 baths \| 1,541 sq.ft.	$185,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.88% Airbnb Rental Income: $1275 Traditional Rental Income: $1623 Airbnb ROI: 1.62% Traditional ROI: 5.88%
272 28th Ave SW Cedar Rapids, IA Welcome to 272 28th Ave SW, a charming 3-bedroom, 2-bath home in an ideal Cedar Rapids loc...	3 beds \| 2 baths \| 1,634 sq.ft.	$245,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 6.21% Airbnb Rental Income: $1275 Traditional Rental Income: $2069 Airbnb ROI: 1.05% Traditional ROI: 6.21%
2950 Samuel CT SW #C Cedar Rapids, IA Welcome home! This move in ready townhome is ready for it's next owners. The main floor fe...	2 beds \| 2 baths \| 1,398 sq.ft.	$170,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 11.08% Airbnb Rental Income: $564 Traditional Rental Income: $2326 Airbnb ROI: -1.54% Traditional ROI: 11.08%
1903 Wycliffe Court SW Cedar Rapids, IA Perched on a beautifully positioned lot with views of the city lights, this spacious two-s...	4 beds \| 3 baths \| 1,928 sq.ft.	$399,900	Airbnb cash on cash: -1.24% Traditional cash on cash: 4.55% Airbnb Rental Income: $1051 Traditional Rental Income: $2857 Airbnb ROI: -1.24% Traditional ROI: 4.55%
3207 Rosewood Court NE Cedar Rapids, IA Move-in ready home on a quiet cul-de-sac on the NE side! Enjoy quick access to I-380, shop...	4 beds \| 2 baths \| 1,502 sq.ft.	$220,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 8.58% Airbnb Rental Income: $1051 Traditional Rental Income: $2361 Airbnb ROI: 0.55% Traditional ROI: 8.58%
281 Jacolyn Drive NW Cedar Rapids, IA This well-maintained 3-bedroom, 2-bath ranch is a great opportunity for a first-time buyer...	3 beds \| 2 baths \| 1,168 sq.ft.	$189,999	Airbnb cash on cash: 1.76% Traditional cash on cash: 5.49% Airbnb Rental Income: $1275 Traditional Rental Income: $1547 Airbnb ROI: 1.76% Traditional ROI: 5.49%
1920 Burch Ave NW Cedar Rapids, IA Well-maintained ranch offering a comfortable layout and great natural light. The main leve...	3 beds \| 1 baths \| 1,040 sq.ft.	$184,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 7.29% Airbnb Rental Income: $1275 Traditional Rental Income: $1818 Airbnb ROI: 1.92% Traditional ROI: 7.29%
21 36th Ave SW Cedar Rapids, IA Welcome home to this charming 4-bedroom, 1-bath property featuring beautiful hardwood floo...	4 beds \| 1 baths \| 1,360 sq.ft.	$162,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 4.3% Airbnb Rental Income: $1051 Traditional Rental Income: $1145 Airbnb ROI: 1.34% Traditional ROI: 4.3%
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: -0.98% Traditional cash on cash: 1.19% Airbnb Rental Income: $564 Traditional Rental Income: $1591 Airbnb ROI: -0.98% Traditional ROI: 1.19%
633 Tiffany Drive NE Cedar Rapids, IA Located in great NE location. Ranch style with finished lower level. Open floor plan with ...	2 beds \| 3 baths \| 2,432 sq.ft.	$287,900	Airbnb cash on cash: -1.77% Traditional cash on cash: 4.32% Airbnb Rental Income: $564 Traditional Rental Income: $1933 Airbnb ROI: -1.77% Traditional ROI: 4.32%
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.	$164,950	Airbnb cash on cash: -2.74% Traditional cash on cash: 5.43% Airbnb Rental Income: $564 Traditional Rental Income: $1566 Airbnb ROI: -2.74% Traditional ROI: 5.43%
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: 1.07% Traditional cash on cash: 4.82% Airbnb Rental Income: $1051 Traditional Rental Income: $1382 Airbnb ROI: 1.07% Traditional ROI: 4.82%
61 29th Avenue SW Cedar Rapids, IA It may be small but it is perfection! OVERSIZED 32 X 38 three stall garage with 10 ft door...	2 beds \| 2 baths \| 1,346 sq.ft.	$250,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 5.49% Airbnb Rental Income: $564 Traditional Rental Income: $1924 Airbnb ROI: -1.47% Traditional ROI: 5.49%
6326 Quail Ridge Dr SW Cedar Rapids, IA This impeccably maintained ranch-style townhouse is ready to move right in! The living are...	3 beds \| 3 baths \| 2,332 sq.ft.	$269,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 7.9% Airbnb Rental Income: $1275 Traditional Rental Income: $2746 Airbnb ROI: 0.55% Traditional ROI: 7.9%
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.	$187,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 9.06% Airbnb Rental Income: $564 Traditional Rental Income: $2139 Airbnb ROI: -1.39% Traditional ROI: 9.06%
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: 0.7% Traditional cash on cash: 8.75% Airbnb Rental Income: $1275 Traditional Rental Income: $2587 Airbnb ROI: 0.7% Traditional ROI: 8.75%
1585 Matterhorn Drive NE Cedar Rapids, IA Welcome to this beautifully updated condo offering the perfect blend of comfort, convenien...	3 beds \| 3 baths \| 2,260 sq.ft.	$315,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 7.23% Airbnb Rental Income: $1275 Traditional Rental Income: $2932 Airbnb ROI: 0.28% Traditional ROI: 7.23%
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: 0.41% Traditional cash on cash: 6.7% Airbnb Rental Income: $1275 Traditional Rental Income: $2533 Airbnb ROI: 0.41% Traditional ROI: 6.7%
8704 Eddie Drive SW #A Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 3 bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,487 sq.ft.	$264,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 6.42% Airbnb Rental Income: $1275 Traditional Rental Income: $2512 Airbnb ROI: -0.14% Traditional ROI: 6.42%
8704 Eddie Drive SW #B Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 2 bedrooms and 1.5 b...	2 beds \| 2 baths \| 1,332 sq.ft.	$234,750	Airbnb cash on cash: -2.5% Traditional cash on cash: 7.19% Airbnb Rental Income: $564 Traditional Rental Income: $2432 Airbnb ROI: -2.5% Traditional ROI: 7.19%
8705 Lewis Drive SW #A Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 3 bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,487 sq.ft.	$264,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 6.42% Airbnb Rental Income: $1275 Traditional Rental Income: $2512 Airbnb ROI: -0.14% Traditional ROI: 6.42%
8705 Lewis Drive SW #B Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 2 bedrooms and 1.5 b...	2 beds \| 2 baths \| 1,332 sq.ft.	$234,750	Airbnb cash on cash: -2.5% Traditional cash on cash: 7.19% Airbnb Rental Income: $564 Traditional Rental Income: $2432 Airbnb ROI: -2.5% Traditional ROI: 7.19%
8705 Lewis Drive SW #C Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 3 bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,487 sq.ft.	$264,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 6.42% Airbnb Rental Income: $1275 Traditional Rental Income: $2512 Airbnb ROI: -0.14% Traditional ROI: 6.42%
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: -0.51% Traditional cash on cash: 5.9% Airbnb Rental Income: $796 Traditional Rental Income: $1751 Airbnb ROI: -0.51% Traditional ROI: 5.9%
323 SE Norwick Rd SW Cedar Rapids, IA Welcome to 323 Norwick Rd SW - a beautifully cared-for home in a quiet, convenient southwe...	4 beds \| 2 baths \| 1,816 sq.ft.	$224,777	Airbnb cash on cash: 0.09% Traditional cash on cash: 7.17% Airbnb Rental Income: $1051 Traditional Rental Income: $2193 Airbnb ROI: 0.09% Traditional ROI: 7.17%
Cedar Plan Cedar Rapids, IA Cedar Plan, Cedar Rapids, IA 52314 \| Single Family Residential	3 beds \| 2 baths \| 1,755 sq.ft.	$441,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 1.98% Airbnb Rental Income: $1275 Traditional Rental Income: $1967 Airbnb ROI: -0.67% Traditional ROI: 1.98%
5109 Spencer Drive SW Cedar Rapids, IA Home located in great area, close to schools, shopping, and all conveniences. Home needs w...	5 beds \| 3 baths \| 1,712 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.01% Airbnb Rental Income: $null Traditional Rental Income: $2619 Airbnb ROI: N/A Traditional ROI: 10.01%
195 Morgan Ct Cedar Rapids, IA This stunning 5-bedroom, 5 1/2-bath two-story home offers 4,911 finished sq. ft. on a priv...	5 beds \| 5 baths \| 4,911 sq.ft.	$669,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.94% Airbnb Rental Income: $null Traditional Rental Income: $6903 Airbnb ROI: N/A Traditional ROI: 7.94%
5503 Seminole Valley Trail Cedar Rapids, IA Irie Homes Pre-Sold!! More lots in this lovely Ushers Ridge development! Call for more det...	2 beds \| 3 baths \| 2,003 sq.ft.	$650,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 3.88% Airbnb Rental Income: $564 Traditional Rental Income: $3066 Airbnb ROI: -0.71% Traditional ROI: 3.88%

Real Estate investment in Cedar-rapids, IA

There are 119 properties for sale in the city of Cedar Rapids . The median list price in Cedar Rapids is $203,378 and the average price per square foot is $94. In August 2026, the average monthly cash on cash return in Cedar Rapids is 7.00%. The average monthly rental income in Cedar Rapids is $2,311.

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

There are 119 investment properties available for sale in Cedar-rapids.

In 2026, the best neighborhood to buy investment property is Cedar Hills.

The ROI for Short-Term is higher than the Long-Term in Cedar-rapids with average rental income of $1,051.

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.

$122,500

Airbnb cash on cash: -2.82%

Traditional cash on cash: 9.7%

Airbnb Rental Income: $564

Traditional Rental Income: $1759

Airbnb ROI: -2.82%

Traditional ROI: 9.7%

2609 1st Avenue SW

Cedar Rapids, IA

3 beds | 2 baths | 1,422 sq.ft.

$282,500

Airbnb cash on cash: 0.68%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $1275

Traditional Rental Income: $2311

Airbnb ROI: 0.68%

Traditional ROI: 6.08%

2245 Tranquil Court NW

Cedar Rapids, IA

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

$449,000

Airbnb cash on cash: 0.61%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $1275

Traditional Rental Income: $2679

Airbnb ROI: 0.61%

Traditional ROI: 4.91%

2447 Lauren Drive SW

Cedar Rapids, IA

3 beds | 1 baths | 1,760 sq.ft.

$219,950

Airbnb cash on cash: 1.21%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $1275

Traditional Rental Income: $1832

Airbnb ROI: 1.21%

Traditional ROI: 5.81%

5601 Ruhd Street SW

Cedar Rapids, IA

4 beds | 2 baths | 2,531 sq.ft.

$335,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 5.91%

Airbnb Rental Income: $1051

Traditional Rental Income: $2690

Airbnb ROI: -0.45%

Traditional ROI: 5.91%

1536 7th Avenue SE

Cedar Rapids, IA

3 beds | 1 baths | 1,326 sq.ft.

$155,000

Airbnb cash on cash: 2.82%

Traditional cash on cash: 8.54%

Airbnb Rental Income: $1275

Traditional Rental Income: $1722

Airbnb ROI: 2.82%

Traditional ROI: 8.54%

1235 N Street SW

Cedar Rapids, IA

4 beds | 3 baths | 1,890 sq.ft.

$229,950

Airbnb cash on cash: 0.08%

Traditional cash on cash: 9.38%

Airbnb Rental Income: $1051

Traditional Rental Income: $2709

Airbnb ROI: 0.08%

Traditional ROI: 9.38%

2312 B Ave NE

Cedar Rapids, IA

3 beds | 2 baths | 1,620 sq.ft.

$229,000

Airbnb cash on cash: 1.43%

Traditional cash on cash: 7.54%

Airbnb Rental Income: $1275

Traditional Rental Income: $2197

Airbnb ROI: 1.43%