3415 1st Ave SE 13 Unit Apartment Building For Sale Cedar Rapids, IA 52402

3403 1st Ave SE, Cedar Rapids, IA 52402/52403 is a three-parcel mixed-use and multifamily investment assemblage totaling 8,338 square feet, originally built in 1930 and situated on approximately 0.73 acres just off a signalized intersection. The property includes three buildings—two actively rented structures with 10 of 12 units occupied and one adjacent parcel currently vacant—making it suitable for continued rental income or a larger redevelopment project. Zoning varies across the parcels, with the primary buildings designated Traditional Mixed-Use Center and an associated parcel zoned Suburban Residential Flex, offering flexibility for future uses. The site features off-street parking, strong visibility, and high traffic counts along 1st Ave SE.