120 32nd St NE Cedar Rapids, IA 52402
Kenwood Park NeighborhoodEstimated payment $8,480/month
Total Views
307,892
7
Beds
4
Baths
13,248
Sq Ft
$102
Price per Sq Ft
Highlights
- Living Room
- Forced Air Heating and Cooling System
- Baseboard Heating
- Property is near a bus stop
- Dining Room
About This Home
**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Parking
- 4 Parking Spaces
Home Design
- Slab Foundation
- Frame Construction
Interior Spaces
- 13,248 Sq Ft Home
- Living Room
- Dining Room
Kitchen
- Oven or Range
- Microwave
Location
- Property is near a bus stop
Schools
- Kenwood Elementary School
- Franklin Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 141133102500000
Community Details
Overview
- 23 Units
Building Details
- Electric Expense $3,000
- Insurance Expense $15,758
- Maintenance Expense $6,000
- Water Sewer Expense $6,000
- Gross Income $169,720
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2025 07/13/25 | Price Changed | $1,350,000 | -1.8% | $102 / Sq Ft |
| 04/28/2025 04/28/25 | Price Changed | $1,375,000 | -1.4% | $104 / Sq Ft |
| 04/04/2025 04/04/25 | Price Changed | $1,395,000 | -2.1% | $105 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $1,425,000 | -3.4% | $108 / Sq Ft |
| 10/18/2024 10/18/24 | For Sale | $1,475,000 | +28.3% | $111 / Sq Ft |
| 06/02/2023 06/02/23 | Sold | $1,150,000 | 0.0% | $87 / Sq Ft |
| 03/29/2023 03/29/23 | Pending | -- | -- | -- |
| 03/22/2023 03/22/23 | For Sale | $1,150,000 | -- | $87 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
About the Listing Agent
Together Matthew and Nicole formed the Lepic Elite Home Team in 2008. They knew that their expansive background in Real Estate would be a huge asset for their clients. Matthew and Nicole’s joint wisdom can guide you to making the best decision so you can feel comfortable in your outcome. They have knowledge, experience and education with new construction, remodeling, investments, development, and also listing your current property or purchasing an existing home. Since Nicole is from Linn County
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IThis two-story condo features 3 bedrooms, 2.5 bathrooms, and boasts the best Price Per Square Foot in the Association. The main level includes an office area, a living room with a gas fireplace, a dining area, and a sunroom. The spacious kitchen is equipped with an island and a half bath. Recently, new flooring has been installed on the lower level. The condo also offers an oversized 2-car
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Source: Iowa City Area Association of REALTORS®
MLS Number: 202405889
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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