Contact us: 563.441.1776
Description
Investors, this one's for you! Unlock the potential of this income-producing 4-unit multifamily property. Featuring four 2-bedroom, 1-bath units, current rents are Unit 1: $800, Unit 2: $850, Unit 3: $850, and Unit 4: $800. This property offers immediate cash flow with upside potential through future rent increases. This property presents an excellent opportunity for investors looking to add value and maximize returns. Located in an area with strong rental demand, this asset offers both stable income and long-term appreciation potential. Please allow 24 hours' notice for all showings. Don't miss your chance to add this promising investment to your portfolio, schedule your tour today! Bonus Opportunity: Purchase 66 Northwood individually, or maximize your investment by packaging it together with 58 Northwood for even greater potential.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: Linn
High School: Kennedy
Subdivision: SIES COS 1ST
Listed By:
Urban Acres Real Estate
Taylor Blazek
319-351-1111
ICAAR MLS
MLS ID: 202604652
Units
Unit 1:
Bedrooms: 2
Baths Full: 1
Rent: $800.00
Unit 2:
Bedrooms: 2
Baths Full: 1
Rent: $850.00
Unit 3:
Bedrooms: 2
Baths Full: 1
Rent: $850.00
Unit 4:
Bedrooms: 2
Baths Full: 1
Rent: $800.00
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66 Northwood Drive, Hiawatha, IA 52233.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $245,000 | $245,000 | $245,000 |
| Down Payment | $49,000 | $8,575 | $61,250 |
| Monthly Mortgage Amount | $1,223 | $1,481 | $1,538 |
| Taxes | $341 | $341 | $341 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $108 | $0 |
| Monthly Estimated Total | $1,664 | $2,030 | $1,979 |
About this area
Find homes for sale in Hiawatha, IA and learn about the local community and real estate market.
Enjoy small-town living with family-friendly activities, just a hop, skip and a jump from the larger Cedar Rapids. Hiawatha, Iowa prides itself on being a small-town community with an emphasis on public safety.
Ruhl&Ruhl Realtors has plenty of homes for sale in Hiawatha, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Hiawatha and if you need to do a little more research before buying, check out the pages below for additional options:
Hiawatha is located outside of Cedar Rapids. View homes for sale in the Cedar Rapids area for more real estate options.
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Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776
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 07/29/2026. The listing information on this page last changed on 07/29/2026. 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 07/29/2026 4:30:27 AM EST) or MRED MLS (last updated Wed 07/29/2026 2:04:21 AM EST) or SCWMLS (last updated Tue 07/28/2026 11:54:34 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 07/28/2026 10:16:36 PM EST) or Cedar Rapids MLS (last updated Tue 07/28/2026 10:45:03 PM EST) or NEIRBR MLS (last updated Wed 07/29/2026 1:18:40 AM EST) or ICAAR MLS (last updated Tue 07/28/2026 11:37:27 PM EST) or ECIMLS (last updated Tue 07/28/2026 11:44:31 PM EST) or RMLSA (last updated Wed 07/29/2026 1:10:54 AM EST) or Muscatine MLS (last updated Wed 07/29/2026 2:00:12 AM EST) or No Coast MLS (last updated Wed 07/29/2026 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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