NOT LISTED FOR SALE

2903 Oakland Rd NE Cedar Rapids, IA 52402

10 Beds
4 Baths
1,900 Sq Ft
0.25 Acres

Last Sold November 16, 2021

Last sale price $305,000 $161 Per Sq Ft

Highlights

  • Living Room
  • Property is near schools
  • Central Air

About This Home

As of November 2021

Fully rented multi-unit building. Built as 4 plex with finished basement. Basement includes efficiency Airbnb, common area, shared laundry. Individual secure storage for each unit in the basement. 4 garages with 2 additional parking spots. Gas forced air with separate furnaces and wall air. Utilities separate for each unit. All leases currently month to month.

Last Agent to Sell the Property

Nonmember NONMEMBER

NONMEMBER Listed on: 11/16/2021

Last Buyer's Agent

Erin Elliott

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.25

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,900 Sq Ft Home
  • Living Room

Kitchen

  • Built-In Oven
  • Cooktop

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Property is near schools
  • Property is near shops

Schools

  • Garfield Elementary School
  • Franklin Middle School
  • Washington High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Internet Available

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 140947702200000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Fully rented multi-unit building. Built as 4 plex with finished basement. Basement includes efficiency Airbnb, common area, shared laundry. Individual secure storage for each unit in the basement. 4 garages with 2 additional parking spots. Gas forced air with separate furnaces and wall air. Utilities separate for each unit. All leases currently month to month.
  • Year Built: 1955
  • Tax Year Report: 2019
  • Subdivision: unk
  • Rental Permit: Yes
  • Directions: 29th Ave NE to Oakland Rd to property
  • S O1 Dues Paid: y
  • Amenities: Close to School, Close to Shopping
  • Basement Remarks: Block, Finished, Full
  • Possession R: Negotiable
  • Possible Finance R: 1031 Exchange, Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator, Cook Top Separate, Dryer, Wall Oven, Washer
  • Sq Ft Above: 1900
  • Lower Level Sq Ft: 1900

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Window/Wall Units, Gas, Central

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Franklin
  • Elementary School: Garfield

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: x
  • Zoning: Multifamily

Rental Info

  • Lease Value: 305000

Tax Info

  • Gross Tax County City: 5560
  • Assessor Parcel Number: 140947702200000

Multi Family

  • Units Total: 5

Range of Values:

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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
11/16/2021 11/16/21 Sold $305,000 0.0% $161 / Sq Ft
11/16/2021 11/16/21 Sold $305,000 0.0% $80 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $305,000 -4.4% $161 / Sq Ft
11/01/2021 11/01/21 For Sale $319,000 0.0% $84 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $319,000 -- $84 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nonmember NONMEMBER

    NONMEMBER

  • Darin Garman

    Seller's Agent in 2021

    Darin Garman

    HEARTLAND INVESTMENT REAL ESTATE, LLC

    (319) 540-9070

    26 Total Sales

    Darin Garman
    Section Image
  • Erin Elliott

    Buyer's Agent in 2021

    Erin Elliott

    Keller Williams Legacy Group

    (319) 541-3198

    182 Total Sales

    Erin Elliott
    Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202106143

Iowa City Area Association of REALTORS®

APN: 14094-77022-00000

Iowa Linn County Cedar Rapids 52402

2903 Oakland Rd NE, Cedar Rapids, IA

This home is located at 2903 Oakland Rd NE, Cedar Rapids, IA 52402 since 16 November 2021. This property was built in 1955. 2903 Oakland Rd NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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