$125,000
SOLD MAR 14, 2025

124 10th St SW Unit 1-2 Cedar Rapids, IA 52404

Taylor Neighborhood
-- Bed
-- Bath
1,339 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-minute walk to Krebs Park

About This Home

As of March 2025

Great Investment opportunity! This fully occupied duplex offers 2 well-maintained units with recent updates. Unit 1 (Upper Level) is a 1 bedroom/1bath unit. Unit 2(lower level) is a 2 bedroom/1bath unit. Both units include in-unit washer and dryers. Tenants pay all utilities.

Recent Improvements include new water heater, exterior updates including siding, roof, and facia repairs, fresh interior paint, and updated flooring.

Last Agent to Sell the Property

Ross Nusser

Urban Acres Real Estate Corridor Listed on: 01/24/2025

Urban Acres Real Estate Corridor

Last Buyer's Agent

Jeremy Emmert

Realty87

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • 1,339 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Schools

  • Cedar River Academy Elementary School
  • Wilson Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 14291-61009-00000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $2,992
  • Gross Income $15,840
  • Net Operating Income $12,056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,340

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Zoning: Res
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.05
  • Co List Office Phone: 800-746-9464
  • MLS Status: Closed
  • Directions: Head west on 1st Ave NW, turn South onto 6th St NW, turn West onto 2nd Ave SE, turn north onto 10th St SW, building will be on your left hand side.
  • Year Built: 1900
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cedar River Academy
  • High School: Jefferson
  • Middle Or Junior School: Wilson

Lot Info

  • Lot Dimensions: 2814
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14291-61009-00000
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 15840.0
  • Net Operating Income: 12056.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2992.0
  • Tenant Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 1340.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $125,000 -3.1% $93 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $129,000 -- $96 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ross Nusser

    Seller's Agent in 2025

    Ross Nusser

    Urban Acres Real Estate Corridor

    (319) 331-5206

    2 in this area

    173 Total Sales

    Ross Nusser
    Section Image

  • J

    Buyer's Agent in 2025

    Jeremy Emmert

    Realty87

    (319) 210-0630

    6 in this area

    105 Total Sales

    Jeremy Emmert
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2500538

Cedar Rapids Area Association of REALTORS®
Iowa Linn County Cedar Rapids 52404 Taylor

124 10th St SW Unit 1-2, Cedar Rapids, IA

This home is located at 124 10th St SW Unit 1-2, Cedar Rapids, IA 52404 and is currently priced at $125,000, approximately $93 per square foot. This property was built in 1900. 124 10th St SW Unit 1-2 is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson High School.

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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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