Investor’s Dream! Fully Occupied Cash-Flowing Fourplex in Hiawatha. Don’t miss this rare opportunity to own a solid income-producing fourplex nestled on a quiet, tree-lined street in the heart of Hiawatha. This well-maintained property features four fully occupied units with long-term tenants in place, generating a steady $2,985/month in rental income. Whether you're a seasoned investor or just starting your portfolio, this property offers strong cash flow with room for rent growth. Additional details, including current rents and lease terms, are available in the MLS attachments. Schedule your showing today and take the next step toward building wealth through real estate!
Sold for $225,000
$225,000
780 Ryan Ave, Hiawatha, IA 52233
--beds
--baths
3,100sqft
Multi Family
Built in 1980
-- sqft lot
$228,700 Zestimate®
$73/sqft
$1,061 Estimated rent
Home value
$228,700
$215,000 - $245,000
$1,061/mo
Zestimate® history
Owner options
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$1,595/mo
Est. payment
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$1,595/mo
Est. payment
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List your homeWhat's special
Tree-lined street
Zillow last checked:
Listing updated:
Listed by:
Jeremy Trenkamp- The Real Estate Team 319-270-1323,
Realty87
Bought with:
Jeremy Trenkamp- The Real Estate Team
Realty87
Source: CRAAR, CDRMLS,MLS#: 2506262
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Forced Air, Hot Water
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 8
- Parking features: Parking Space(s)
Lot
- Size: 2,439 Square Feet
- Dimensions: .056
Details
- Additional structures: Shed(s)
- Parcel number: 113327704201000
- Zoning: Res
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Slab
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hiawatha
Financial & listing details
- Price per square foot: $73/sqft
- Annual tax amount: $3,300
- Date on market: 7/17/2025
- Listing terms: Cash,Conventional
- Tenant pays: Water
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Sold | $225,000-8.2%$73/sqft |
Source:  CRAAR, CDRMLS #2506262 Report a problem | ||
| 1/16/2026 | Pending sale | $245,000$79/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 1/11/2026 | Listed for sale | $245,000$79/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 1/9/2026 | Pending sale | $245,000$79/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 1/8/2026 | Listed for sale | $245,000$79/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 1/6/2026 | Pending sale | $245,000$79/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 12/2/2025 | Price change | $245,000-1.6%$79/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 10/21/2025 | Price change | $249,000-3.9%$80/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 9/25/2025 | Listed for sale | $259,000$84/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 9/24/2025 | Pending sale | $259,000$84/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 8/20/2025 | Price change | $259,000-4%$84/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 7/17/2025 | Listed for sale | $269,900+64.1%$87/sqft |
Source: CRAAR, CDRMLS #2506262 Report a problem | ||
| 12/20/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 12/1/2021 | Listed for rent | $595 |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 10/28/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 8/5/2021 | Listed for rent | $595 |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 3/26/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 3/9/2021 | Listed for rent | $595 |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 8/31/2020 | Listing removed | $595 |
Source: AMMT Property Management Report a problem | ||
| 8/28/2020 | Listed for rent | $595 |
Source: AMMT Property Management Report a problem | ||
| 10/19/2018 | Sold | $164,500$53/sqft |
Source: CRAAR, CDRMLS #1805856 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 52233
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Nearby schools
GreatSchools rating
- 6/10Nixon Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 7/10Harding Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10John F Kennedy High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Nixon
- Middle: Harding
- High: Kennedy
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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$228,700
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$233,274
- Iowa
- Linn County
- Hiawatha
- 52233
- 780 Ryan Ave
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