Property 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.

Features
: Gas, Electric
: Central Air, Wall/Window Unit(s)
: Carpet, Concrete
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52404
12th
2939
Avenue
W92° 17' 21.1''
N41° 57' 55.7''
Corner of 12th Avenue SW and 31st Street SW, near Williams Blvd SW and 16th Avenue SW intersection
SW Quadrant
SW
SMU-COMM
MLS Addon
Q4 Real Estate
Craig Byers
Sqft0
Sqft0
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Additional Information
: Frame
87120
2026-03-16
4
4
: Public
Financial
46400.0
Listing Information
Jason Rogers
ROGERSJASON121
CPRE
Q4 Real Estate
BYERSCRAIGC121
CPRE
Cash,1031 Exchange
Active
2026-03-17T14:46:45Z
CDR
2026-03-16T10:08:06Z

2939 12th Avenue Sw, Cedar Rapids, Iowa 52404 - Commercial Sale For Sale

2939 12th Avenue Sw, Cedar Rapids, Iowa 52404

40,000 Sqft
$3,300,000
Listing ID #2601798
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2601798
Price : $3,300,000
Square Footage : 40,000 Sqft
Year Built : 1975
Lot Area : 2 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Investment
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent