1748 A Ave NE Cedar Rapids, IA 52402
Mound View NeighborhoodEstimated payment $1,225/month
About This Home
Do not miss this fantastic investment opportunity in a quiet northeast Cedar Rapids neighborhood! This well-maintained duplex has been thoughtfully remodeled over the years, ensuring a low-maintenance addition to your portfolio. Professionally managed by a local company, this property offers reliability and convenience. The upper unit is currently rented at $875/month, while the lower unit is move-in ready for new tenants. Tenants are responsible for all utilities, and each unit features newer furnaces and water heaters for added efficiency. Don’t miss out—schedule your showing today! Showings available after an accepted offer to respect tenant privacy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,634
Year Built
- Built in 1899
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 3,136 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Trailside Elementary School
- Franklin Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 141538501900000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $21,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $225 | $129,900 | $25,500 | $104,400 |
| 2022 | $469 | $124,900 | $25,500 | $99,400 |
| 2021 | $2,276 | $121,600 | $25,500 | $96,100 |
| 2020 | $2,276 | $103,200 | $17,900 | $85,300 |
| 2019 | $1,882 | $87,300 | $12,800 | $74,500 |
| 2018 | $1,784 | $87,300 | $12,800 | $74,500 |
| 2017 | $1,454 | $66,800 | $12,800 | $54,000 |
| 2016 | $1,860 | $87,500 | $12,800 | $74,700 |
| 2015 | $1,860 | $91,538 | $12,750 | $78,788 |
| 2014 | $1,948 | $91,538 | $12,750 | $78,788 |
| 2013 | $1,906 | $91,538 | $12,750 | $78,788 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2025 03/26/25 | For Sale | $179,900 | +6.5% | $57 / Sq Ft |
| 01/17/2023 01/17/23 | Sold | $168,900 | -2.1% | $74 / Sq Ft |
| 06/02/2022 06/02/22 | Pending | -- | -- | -- |
| 06/01/2022 06/01/22 | For Sale | $172,500 | +111.7% | $75 / Sq Ft |
| 04/26/2016 04/26/16 | Sold | $81,500 | 0.0% | $35 / Sq Ft |
| 04/25/2016 04/25/16 | Sold | $81,500 | -8.9% | $63 / Sq Ft |
| 04/25/2016 04/25/16 | Pending | -- | -- | -- |
| 04/25/2016 04/25/16 | For Sale | $89,500 | 0.0% | $69 / Sq Ft |
| 03/30/2016 03/30/16 | Pending | -- | -- | -- |
| 03/10/2016 03/10/16 | For Sale | $89,500 | -- | $39 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $169,000 | -- | |
| Warranty Deed | $130,000 | None Available | |
| Warranty Deed | $118,500 | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Legal Action Court Order | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $93,500 | New Conventional | |
| Open | $170,351 | New Conventional | |
| Previous Owner | $11,583 | Unknown | |
| Previous Owner | $46,600 | Unknown |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2501900
APN: 14153-85019-00000
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