This brand-new multifamily property in Hiawatha offers a rare low-maintenance investment opportunity in a high-demand location near I-380, schools, and medical centers. The newly constructed building features three two-story units, each with approximately 1,750 finished square feet, 3 bedrooms, and 2.5 bathrooms. Each unit includes an open-concept main level with spacious living, kitchen, and dining areas, highlighted by white cabinetry, quartz countertops, stainless steel appliances, durable LVP flooring, and a convenient half bath. Sliding patio doors provide access to outdoor space, enhancing tenant appeal. Upstairs, each unit offers a private primary suite with a walk-in closet and ensuite bath, two additional bedrooms, a full hallway bathroom, and upper-level laundry. Built for long-term efficiency, the property includes a brand-new roof, furnaces, air conditioning systems, appliances, and finishes throughout, resulting in minimal maintenance and predictable operating costs. All utilities are separately metered, and the off-street parking lot provides ample space with flexible assignment options. With no HOA or restrictive covenants, investors maintain strong flexibility for long-term, mid-term, or short-term rental strategies, subject to local regulations. Currently fully vacant, the property allows for immediate lease-up and optimized rent positioning in a growing community, making it an attractive opportunity for both new and experienced investors.
Legal: As Per Abstract
734600
$850,000
Sale
TwoStory
MultiFamily
225 Clymer Road
Hiawatha
Linn
IA
52233
9
5250
3
1
2
2
5250
9520
Cedar Rapids
464
2026
2026
Outside School District
RectangularLot
TwoStory
Carpet, Hardwood
Dishwasher, Microwave, Refrigerator, Stove
ForcedAir, Gas, NaturalGas
Public
PublicSewer
CentralAir
No
VinylSiding
Epique Realty, Jeremy Johannes (319.540.1002)