Contact us: 563.441.1776
Description
Great opportunity to acquire Creekside Apartments. This property, located just off Williams Blvd SW and 16th Ave SW in Cedar Rapids, Iowa, consists of 76 residential apartment units. Unit makeup consists of 17 studio apartments, 38 1Bd/1Ba, 16 1Bd/1Ba (2-lvl), 4 2Bd/1Ba, and 1 3Bd/2Ba. The sale also includes 13 attached garage units. The property sits on approximately 2 Acres of ground and contains 92 surface parking stalls.
Property Highlights
Property Type: Commercial - Business
Building Description: 4.0 stories
Year Built: 1975
Lot Size: 2.00 acres
General Information
County: Linn
Listed By:
Q4 Real Estate
319-294-3339
Craig Byers
Cedar Rapids MLS
MLS ID: 2601798
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2939 12th Avenue Sw, Cedar Rapids, IA 52404.
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563-441-1862
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $3,300,000 | $3,300,000 |
| Down Payment | $115,500 | $660,000 |
| Monthly Mortgage Amount | $19,167 | $15,406 |
| Taxes | $4593 | $4593 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $1,979 | $0 |
| Monthly Estimated Total | $26,700 | $20,960 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/18/2026. The listing information on this page last changed on 03/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/18/2026 12:47:32 AM EST) or MRED MLS (last updated Wed 03/18/2026 12:39:42 AM EST) or SCWMLS (last updated Tue 03/17/2026 11:54:52 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 03/17/2026 10:15:15 PM EST) or Cedar Rapids MLS (last updated Tue 03/17/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Wed 03/18/2026 12:38:40 AM EST) or ICAAR MLS (last updated Tue 03/17/2026 11:37:28 PM EST) or ECIMLS (last updated Tue 03/17/2026 11:44:17 PM EST) or RMLSA (last updated Wed 03/18/2026 12:40:55 AM EST) or Muscatine MLS (last updated Wed 03/18/2026 12:45:22 AM EST) or No Coast MLS (last updated Wed 03/18/2026 12:44:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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