$347,500

Estimated payment $2,315/month

Total Views 4,588
-- Bed
-- Bath
2,076 Sq Ft
$167 Price per Sq Ft

Highlights

  • Deck
  • Patio
  • Garage
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

MOVE-IN READY OR LEASEBACK INVESTMENTWhether you're looking to move in right away or invest in a turnkey rental, this property delivers. Motivated sellers are open to offers and ready to work with the right buyer. Enjoy a fully finished walkout lower level that adds flexible living space—ideal for a home office, guest suite, media room. Natural light and easy backyard access. Residential buyers, the home boasts recent upgrades including new windows, hardwood floors, modern kitchen countertops, and high-end appliances.Investors: sellers are open to signing a 2-year leaseback at a proposed $2,500/month, with a full year of rent paid upfront.Set on an elevated and private lot with expansive off-street parking, direct trail access to Bever Park and Sac & Fox. The upcoming Paving for Progress project will bring redesigned streets, sidewalks, and improved pedestrian and bike access—adding future value.

Last Listed By

Addie Eichhorn

GLD COMMERCIAL Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,479

Year Built

  • Built in 1974

Lot Details

  • 0.32 Acre Lot

Parking

  • Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Siding

Interior Spaces

  • 2,076 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Schools

  • Erskine Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14242-26020-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,479

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Zoning: SRLL
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.319
  • Co List Office Phone: 319-731-3400
  • MLS Status: Active
  • Directions: Located between Cottage Grove Ave SE and Bever Ave SE
  • Year Built: 1974
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Concrete, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Type: Composite Siding, Frame
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: .319 Ac
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14242-26020-00000
  • Zoning Description: SRLL
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Tenant Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 4479.0

Map

Range of Values:

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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

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 $4,362 $253,100 $54,200 $198,900
2022 $4,342 $215,700 $49,300 $166,400
2021 $3,834 $209,600 $49,300 $160,300
2020 $3,834 $182,400 $44,400 $138,000
2019 $3,962 $192,300 $44,400 $147,900
2018 $3,848 $192,300 $44,400 $147,900
2017 $3,849 $184,200 $44,400 $139,800
2016 $3,849 $181,100 $44,400 $136,700
2015 $3,861 $181,454 $44,356 $137,098
2014 $3,676 $178,438 $49,284 $129,154
2013 $3,530 $178,438 $49,284 $129,154
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $347,500 0.0% $167 / Sq Ft
04/17/2025 04/17/25 For Sale $347,500 -- $167 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $248,500 River Ridge Escrow Co
Warranty Deed $159,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,800 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $130,000 New Conventional
Previous Owner $10,252 Unknown
Previous Owner $128,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2502756

Cedar Rapids Area Association of REALTORS®

APN: 14242-26020-00000