605 4th Street SW Cedar Rapids IA 52404
605 4th Street SW Cedar Rapids IA 52404

Listing Tools

Fantastic Investment Opportunity! Fully Occupied 4-Unit Building This well-maintained four-plex is fully rented and generating income from day one! Current rents are $500, $435, $440, and $440 per month, with tenants responsible for all utilities-keeping your overhead low. Why You'll Love It: Affordable entry into multi-family investing Solid rental history with consistent occupancy Tenants pay all utilities Value-Add Potential: Take this property to the next level by adding features like dishwashers, mini-split systems, or in-unit laundry to increase value and maximize rental income. You won't find another 4-plex at this price point and condition-don't miss your chance to own a cash-flowing asset!

Property Details

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Listed by Shannon Annis of Affinity Real Estate Services

Listing Sold by Affinity Real Estate Services

CRAAR LOGO "Based on information submitted to IA_CRAAR as of May 15, 2026 10:55 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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