B
Seller's Agent in 2026
Beth Mackey
Realty87
(319) 491-6388
4 in this area
151 Total Sales
1249 3rd Ave SE Cedar Rapids, IA 52403
Wellington Heights Neighborhood
--
Bed
--
Bath
2,776
Sq Ft
5,619
Sq Ft Lot Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Heating Available
- 3-minute walk to Wellington Park
- Wood Siding
About This Home
As of March 2026This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,820
Year Built
- Built in 1900
Lot Details
- 5,619 Sq Ft Lot
- Lot Dimensions are 40x140
Home Design
- Frame Construction
- Wood Siding
Interior Spaces
- 2,776 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Johnson Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
- 5 Units
- Gross Income $45,000
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for electricity, water
- Assessor Parcel Number 142232600500000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/25/2026 03/25/26 | Sold | $150,000 | -9.1% | $54 / Sq Ft | |
| 02/19/2026 02/19/26 | Pending | -- | -- | -- | |
| 02/15/2026 02/15/26 | For Sale | $165,000 | 0.0% | $59 / Sq Ft | |
| 01/09/2026 01/09/26 | Pending | -- | -- | -- | |
| 12/15/2025 12/15/25 | Price Changed | $165,000 | -2.9% | $59 / Sq Ft | |
| 11/24/2025 11/24/25 | Price Changed | $170,000 | -4.5% | $61 / Sq Ft | |
| 11/20/2025 11/20/25 | Price Changed | $178,000 | -1.1% | $64 / Sq Ft | |
| 10/28/2025 10/28/25 | Price Changed | $180,000 | -2.7% | $65 / Sq Ft | |
| 09/04/2025 09/04/25 | Price Changed | $185,000 | -5.1% | $67 / Sq Ft | |
| 08/29/2025 08/29/25 | Price Changed | $195,000 | -2.5% | $70 / Sq Ft | |
| 08/26/2025 08/26/25 | Price Changed | $200,000 | -2.4% | $72 / Sq Ft | |
| 08/25/2025 08/25/25 | Price Changed | $205,000 | -2.4% | $74 / Sq Ft | |
| 08/06/2025 08/06/25 | Price Changed | $210,000 | -6.7% | $76 / Sq Ft | |
| 07/14/2025 07/14/25 | Price Changed | $225,000 | -2.2% | $81 / Sq Ft | |
| 06/21/2025 06/21/25 | Price Changed | $230,000 | -4.2% | $83 / Sq Ft | |
| 06/04/2025 06/04/25 | Price Changed | $240,000 | -2.0% | $86 / Sq Ft | |
| 06/01/2025 06/01/25 | Price Changed | $245,000 | -3.9% | $88 / Sq Ft | |
| 05/22/2025 05/22/25 | For Sale | $255,000 | +328.6% | $92 / Sq Ft | |
| 07/06/2021 07/06/21 | Sold | $59,500 | -0.7% | $21 / Sq Ft | View Prior Sale |
| 04/01/2021 04/01/21 | Pending | -- | -- | -- | |
| 04/01/2021 04/01/21 | For Sale | $59,900 | +71.1% | $22 / Sq Ft | |
| 03/01/2012 03/01/12 | Sold | $35,000 | 0.0% | $13 / Sq Ft | View Prior Sale |
| 03/01/2012 03/01/12 | Sold | $35,000 | -22.0% | $13 / Sq Ft | View Prior Sale |
| 02/20/2012 02/20/12 | Pending | -- | -- | -- | |
| 02/20/2012 02/20/12 | Pending | -- | -- | -- | |
| 02/05/2012 02/05/12 | For Sale | $44,900 | -25.0% | $16 / Sq Ft | |
| 12/09/2010 12/09/10 | For Sale | $59,900 | -- | $22 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,820 | $107,300 | $22,000 | $85,300 |
| 2024 | $1,698 | $104,900 | $22,000 | $82,900 |
| 2023 | $1,698 | $102,900 | $20,000 | $82,900 |
| 2022 | $316 | $80,500 | $16,000 | $64,500 |
| 2021 | $1,840 | $80,500 | $16,000 | $64,500 |
| 2020 | $1,840 | $69,700 | $10,000 | $59,700 |
| 2019 | $1,604 | $56,500 | $10,000 | $46,500 |
| 2018 | $1,676 | $56,500 | $10,000 | $46,500 |
| 2017 | $1,826 | $57,900 | $10,000 | $47,900 |
| 2016 | $1,908 | $57,900 | $10,000 | $47,900 |
| 2015 | $2,606 | $75,847 | $10,000 | $65,847 |
| 2014 | $2,606 | $76,672 | $9,072 | $67,600 |
| 2013 | $2,788 | $76,672 | $9,072 | $67,600 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Mackey
-
Jerome Edwards
Buyer's Agent in 2026
Jerome Edwards
Pinnacle Realty LLC
(319) 594-2525
5 in this area
178 Total Sales
-
Ed Carson
E
Seller's Agent in 2021
Ed Carson
Realty87
(319) 521-3455
1 in this area
9 Total Sales
-
T
Buyer's Agent in 2021
Taylor Bergen
Realty87
-
S
Seller's Agent in 2012
Stefan Doerrfeld
Twenty40 Real Estate + Development
-
N
Buyer's Agent in 2012
Nonmember NONMEMBER
NONMEMBER
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2503728
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.
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.
Nearby Homes
- 1418 4th Ave SE
- 509 14th St SE
- 509 15th St SE
- 1426 3rd Ave SE
- 1516 6th Ave SE
- 1545 Washington Ave SE
- 1547 Washington Ave SE
- 1536 7th Ave SE
- 1506 8th Ave SE
- 1615 4th Ave SE
- 513 17th St SE
- 708 16th St SE
- 1701 Washington Ave SE
- 1713 7th Ave SE
- 919 10th St SE
- 1730 Park Ave SE
- 1060 10th Ave SE
- 1825 5th Ave SE
- 8821 Zeppelin Ave NE
- 120 17th St NE
Your Personal Tour Guide
Ask me questions while you tour the home.