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 Studios, 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 2.006 Acres of ground and contains 92 surface parking stalls and a common-area laundry room.
For sale
Price cut: $126K (6/5)
$2,999,000
2939 12th Ave SW, Cedar Rapids, IA 52404
--beds
--baths
32,895sqft
Multi Family
Built in 1975
-- sqft lot
$2,644,400 Zestimate®
$91/sqft
$-- HOA
What's special
- 169 days
- 201
- 4
Zillow last checked:
Listing updated:
Listed by:
Craig Byers 319-360-7017,
Q4 Real Estate,
Jason Rogers 319-361-3958,
Q4 Real Estate
Source: CRAAR, CDRMLS,MLS#: 2601834
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Electric, Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total interior livable area: 32,895 sqft
Video & virtual tour
Property
Parking
- Total spaces: 92
- Parking features: Parking Space(s)
Lot
- Size: 2.01 Acres
- Dimensions: 87381.36
Details
- Parcel number: 143038001701062
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Frame, Stucco, Wood Siding
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $91/sqft
- Annual tax amount: $45,731
- Date on market: 3/17/2026
Estimated market value
$2,644,400
$2.49M - $2.80M
$1,389/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $2,999,000-4%$91/sqft |
Source:  CRAAR, CDRMLS #2601834 Report a problem | ||
| 5/29/2026 | Price change | $3,125,000-1.6%$95/sqft |
Source: CRAAR, CDRMLS #2601834 Report a problem | ||
| 5/19/2026 | Price change | $3,175,000-3.8%$97/sqft |
Source: CRAAR, CDRMLS #2601834 Report a problem | ||
| 3/16/2026 | Listed for sale | $3,300,000$100/sqft |
Source:  Iowa City Area AOR #202601776 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 52404
Nearby schools
Schools provided by the listing agent
- Elementary: Cleveland
- Middle: Roosevelt
- High: Jefferson
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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