$539,000
$61K PRICE DROP

2131 Blairs Ferry Rd NE Cedar Rapids, IA 52402

Estimated payment $3,587/month

Total Views 10,010
-- Bed
-- Bath
8,055 Sq Ft
$67 Price per Sq Ft

About This Home

This home is located at 2131 Blairs Ferry Rd NE, Cedar Rapids, IA 52402 and is currently priced at $539,000, approximately $66 per square foot. This property was built in 1964. 2131 Blairs Ferry Rd NE is a home located in Linn County with nearby schools including Wright Elementary School, Harding Middle School, and George Washington High School.

Listing Agent

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 10/25/2024

Co-Listing Agent

Isaiah Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,076

Year Built

  • Built in 1964

Lot Details

  • 0.31 Acre Lot

Home Design

  • 8,055 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Schools

  • Wright Elementary School
  • Harding Middle School
  • Washington High School

Listing and Financial Details

  • Assessor Parcel Number 140420500700000

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $47,217
  • Gross Income $90,965
  • Net Operating Income $43,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,076

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Zoning: MultiFam
  • Property Sub-Type: Multi Family
  • ResoLaundryFeatures: Common Area
  • Lot Size Acres: 0.31
  • Co List Office Mls Id: CHIRE
  • Co List Office Phone: 319-350-5378
  • Co List Office Phone: 319-350-5378
  • MLS Status: Active
  • Directions: Center Point Rd to Blairs Ferry Rd
  • Year Built: 1964
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: See Remarks

Exterior Features

  • Construction Type: Brick, Frame

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Utilities: Separate Meters
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Wright
  • High School: Washington
  • Middle Or Junior School: Harding

Lot Info

  • Lot Dimensions: .310 Acre
  • ResoLotSizeUnits: Acres
  • Parcel Number: 140420500700000
  • Zoning Description: MultiFam

Multi Family

  • Gross Income: 90965.0
  • Net Operating Income: 43748.0
  • Number Of Units Total: 12
  • Annual Operating Expense: 47217.0

Tax Info

  • Tax Annual Amount: 8076.0

Map

Range of Values:

Collateral Analytics

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ICE

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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
09/02/2025 09/02/25 Price Changed $539,000 0.0% $67 / Sq Ft
09/02/2025 09/02/25 For Sale $539,000 -5.3% $67 / Sq Ft
08/31/2025 08/31/25 Off Market $569,000 -- --
07/15/2025 07/15/25 For Sale $569,000 0.0% $71 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
06/02/2025 06/02/25 Price Changed $569,000 0.0% $71 / Sq Ft
06/02/2025 06/02/25 For Sale $569,000 -3.4% $71 / Sq Ft
06/01/2025 06/01/25 Off Market $589,000 -- --
02/05/2025 02/05/25 Price Changed $589,000 -1.8% $73 / Sq Ft
10/25/2024 10/25/24 For Sale $600,000 -- $74 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2407449

Cedar Rapids Area Association of REALTORS®

APN: 14-04-2-05-007-0-0000