$109,900

1560 4th Ave SE Unit 1-2 Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated payment $731/month

Total Views 4,249
-- Bed
-- Bath
1,567 Sq Ft
$70 Price per Sq Ft

About This Home

Great Investment Opportunity! New roof in 2021, recently replaced steps and guardrail. Unit A was updated in 2022. The perfect portfolio addition for the savvy investor. Please contact the listing agent for rent rolls and to arrange property access.

Listing Agent

Ross Nusser

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1910

Lot Details

  • 2,265 Sq Ft Lot
  • Lot Dimensions are 30x75

Home Design

  • 1,567 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Schools

  • Johnson Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 14223-01035-00000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,253
  • Gross Income $16,800
  • Net Operating Income $9,707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,422

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Zoning: Res
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.052
  • Co List Office Phone: 800-746-9464
  • MLS Status: Active
  • Directions: From 3rd ave SE, turn right onto Bever Ave SE, then turn right onto 16th St SE, then right onto 4th Ave SE. House is the 2nd on the right hand side.
  • Year Built: 1910
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Water Source: Public

Schools

  • Elementary School: Johnson
  • High School: Washington
  • Middle Or Junior School: McKinley

Lot Info

  • Lot Dimensions: 30x75
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14223-01035-00000
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 16800.0
  • Net Operating Income: 9707.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6253.0

Tax Info

  • Tax Annual Amount: 1422.0

Map

Range of Values:

Collateral Analytics

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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
04/02/2025 04/02/25 For Sale $109,900 -- $70 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2502270

Cedar Rapids Area Association of REALTORS®

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1560 4th Ave SE Unit 1-2, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1560 4th Ave SE Unit 1-2, Cedar Rapids, IA 52403 and is currently priced at $109,900, approximately $70 per square foot. This property was built in 1910. 1560 4th Ave SE Unit 1-2 is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington 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.

Ross Nusser
Listing Agent
Ross Nusser
Section Image
Urban Acres Real Estate Corridor
(319) 229-7785