Jill Armstrong
Responds Quickly
Skogman Realty Co.
(319) 835-8134
550 Total Sales
2 in Downtown Cedar Rapids
$327,000 Price Range
317 8th St SE Cedar Rapids, IA 52401
Downtown Cedar Rapids Neighborhood
--
Bed
--
Bath
2,040
Sq Ft
6,534
Sq Ft Lot
Highlights
- Deck
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- No HOA
- Patio
About This Home
As of May 20263 Units in this investment building. Two 1 bedroom/1 bath units on the main floor. Upper Level has a 2 Bedroom, 2 Bath unit with an outdoor deck. Units 1 $700 per month (vacant), Unit 2 $650.00 per month, Unit 3 $775, with room for increased rents. All tenants are Month to Month. Metal Roof, Coin laundry on site leased with Jetz. Must be purchased with adjacent property 728 4th Ave SE parcel 14214-8001-00000. 24 Hour notice required for all showings.
Last Agent to Sell the Property
Affinity Real Estate Services Listed on: 10/17/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,560
Year Built
- Built in 1902
Lot Details
- 6,534 Sq Ft Lot
Home Design
- Frame Construction
- Aluminum Siding
Interior Spaces
- 2,040 Sq Ft Home
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Patio
Schools
- Grant Wood Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
- Assessor Parcel Number 14-21-4-80-002-0-0000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $11,610
- Gross Income $25,500
- Net Operating Income $12,690
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2025
Closed on
May 14, 2026
Sold by
Bought by
Seller's Agent
Bryant Nicholson
Affinity Real Estate Services
Buyer's Agent
Ryan Eighme
Pinnacle Realty LLC
List Price
$165,000
Sold Price
$165,000
Views
153
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.88%
Purchase Details
Closed on
Jan 16, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
7.58%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Cedar Rapids, IA
-
Jill Armstrong
-
Jason Vestweber
Jason Vestweber
SKOGMAN REALTY
(319) 900-5760
124 Total Sales
2 in Downtown Cedar Rapids
$55K - $389K Price Range
-
Michelle Erickson
Michelle Erickson
CENTURY 21 Signature Real Estate
(319) 988-6214
85 Total Sales
1 in Downtown Cedar Rapids
$99,900 Price
-
Cherokee Render
Cherokee Render
Keller Williams Legacy Group
(319) 432-0843
68 Total Sales
1 in Downtown Cedar Rapids
$500,000 Price
-
Wendy Votroubek
Wendy Votroubek
Responds QuicklySKOGMAN REALTY
(319) 900-5934
232 Total Sales
1 in Downtown Cedar Rapids
$93,000 Price
-
Raymond Siddell
Raymond Siddell
Responds QuicklyKeller Williams Legacy Group
(319) 774-5974
111 Total Sales
2 in Downtown Cedar Rapids
$92,500 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | None Listed On Document | |
| Legal Action Court Order | $64,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $61,750 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2026 05/15/26 | Sold | $165,000 | 0.0% | $81 / Sq Ft | |
| 03/26/2026 03/26/26 | Pending | -- | -- | -- | |
| 10/17/2025 10/17/25 | For Sale | $165,000 | +17.9% | $81 / Sq Ft | |
| 06/24/2022 06/24/22 | Sold | $140,000 | 0.0% | $69 / Sq Ft | View Prior Sale |
| 05/20/2022 05/20/22 | Pending | -- | -- | -- | |
| 05/18/2022 05/18/22 | For Sale | $140,000 | -- | $69 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,948 | $110,000 | $14,300 | $95,700 |
| 2024 | $1,560 | $102,700 | $14,300 | $88,400 |
| 2023 | $1,560 | $102,700 | $14,300 | $88,400 |
| 2022 | $1,804 | $69,000 | $14,300 | $54,700 |
| 2021 | $1,874 | $69,000 | $14,300 | $54,700 |
| 2020 | $1,874 | $66,300 | $14,300 | $52,000 |
| 2019 | $1,878 | $60,900 | $14,300 | $46,600 |
| 2018 | $1,964 | $60,900 | $14,300 | $46,600 |
| 2017 | $2,188 | $61,200 | $14,300 | $46,900 |
| 2016 | $2,188 | $61,200 | $14,300 | $46,900 |
| 2015 | $2,926 | $77,562 | $14,300 | $63,262 |
| 2014 | $2,926 | $74,700 | $10,530 | $64,170 |
| 2013 | $2,778 | $74,700 | $10,530 | $64,170 |
Source: Public Records
Agents Affiliated with this Home
-
Bryant Nicholson
Seller's Agent in 2026
Bryant Nicholson
Affinity Real Estate Services
(319) 853-3555
1 in this area
105 Total Sales
-
Ryan Eighme
Buyer's Agent in 2026
Ryan Eighme
Pinnacle Realty LLC
(319) 721-6099
1 in this area
103 Total Sales
-
Dave Berry
Seller's Agent in 2022
Dave Berry
Realty87
(319) 431-3131
1 in this area
119 Total Sales
-
Patricia O'Connell
Buyer's Agent in 2022
Patricia O'Connell
Realty87
(319) 775-7062
1 in this area
33 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2508723
APN: 14214-80002-00000
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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