$240,000
SOLD NOV 20, 2025
-- Bed
-- Bath
2,368 Sq Ft
1910 Built

Recently Sold

$101 Per Sq Ft

2% Below List Price

25 Days on Market

About This Home

As of November 2025

Welcome to this meticulously cared-for and fully updated 4-plex, where no detail has been overlooked. This property offers a prime investment opportunity with long-term tenants in 3 of the units, providing immediate, reliable income. From the moment you step inside, you'll appreciate the pride of ownership and the high standards of maintenance and upgrades throughout. Whether you're a seasoned investor or just starting to grow your portfolio, this property is a rare find. Don't miss out on the chance to secure a fully turnkey, high-demand multi-family asset. Same owner the past 33 years.

Last Agent to Sell the Property

Chris Puckett

Realty87 Listed on: 09/18/2025

Realty87

Last Buyer's Agent

Rossilyn Babington

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50 x 140

Home Design

  • 2,368 Sq Ft Home
  • Frame Construction

Schools

  • Trailside Elementary School
  • Franklin Middle School
  • Washington High School

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 141538301000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,132

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Co List Office Phone: 319-378-8760
  • MLS Status: Closed
  • Directions: 1st Ave W, turn Rt onto 18th St, turn Lt onto C Ave, property is on the Rt
  • Year Built: 1910
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Frame

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Trailside
  • High School: Washington
  • Middle Or Junior School: Franklin

Lot Info

  • Lot Dimensions: 50 X 140
  • ResoLotSizeUnits: Acres
  • Parcel Number: 141538301000000

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2132.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2025
Closed on
Nov 20, 2025
Sold by
Clark Hedja Properties Lc-Series 4
Bought by
Higher Direction Llc
Seller's Agent
Chris Puckett
Realty87
Buyer's Agent
Rossilyn Babington
Pinnacle Realty LLC
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.65%
Original Mortgage
$140,000
Outstanding Balance
$140,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$94,229

Purchase Details

Closed on
Jun 7, 2010
Sold by
Hejda Clark J and Hejda Darcee L
Bought by
Clark Hejda Properties Lc Series 4

Purchase Details

Closed on
Mar 31, 1999
Sold by
Hejda Kimberly Marie
Bought by
Hejda Clark Jon and Hejda Clark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 None Listed On Document
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 Sold $240,000 -2.0% $101 / Sq Ft
10/13/2025 10/13/25 Pending -- -- --
09/18/2025 09/18/25 For Sale $245,000 -- $103 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History

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 $1,994 $136,000 $32,500 $103,500
2024 $2,030 $117,700 $30,000 $87,700
2023 $2,030 $112,700 $25,000 $87,700
2022 $2,348 $96,200 $25,000 $71,200
2021 $2,474 $96,200 $25,000 $71,200
2020 $2,474 $93,700 $25,000 $68,700
2019 $2,226 $78,400 $25,000 $53,400
2018 $2,326 $78,400 $25,000 $53,400
2017 $2,486 $75,400 $25,000 $50,400
2016 $2,486 $75,400 $25,000 $50,400
2015 $2,936 $85,449 $25,000 $60,449
2014 $2,936 $72,141 $11,340 $60,801
2013 $2,624 $72,141 $11,340 $60,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2507961

Cedar Rapids Area Association of REALTORS®

APN: 14153-83010-00000