$158,000

369 15th St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated payment $1,012/month

Total Views 11,521
-- Bed
-- Bath
2,480 Sq Ft
$64 Price per Sq Ft

About This Home

Great investment opportunity! Check out this upper/lower duplex with many updates. Both units are vacant so you can interview and choose your own tenants. Lower Unit is 2 Bedroom. Upper Unit is 3 Bedroom. NEW ROOF on the property. New flooring in areas of each unit, Updated or refreshed cabinets. Updated bathrooms. New vinyl windows installed with existing updated windows in the units. Tenants pay electric and gas, landlord pays water/garbage. Each unit has their own private entry. Close to downtown and I-380. Sold "as-is". Any and all inspections are for buyers knowledge only.

Listing Agent

Tracy Engelbart

REAL ESTATE AMERICA, INC. Listed on: 03/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,131

Year Built

  • Built in 1895

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 36 x 60

Home Design

  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,480 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Johnson Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 14222502600000

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,131

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Zoning: Res
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.05
  • Reso Pets Allowed: Yes
  • Co List Office Mls Id: CREA
  • Co List Office Phone: 319-329-1100
  • Co List Office Phone: 319-329-1100
  • MLS Status: Active
  • Directions: 1st Ave or Bever Ave to 15th St SE
  • Year Built: 1895
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block

Utilities

  • Utilities: Separate Meters
  • Sewer: Public Sewer
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: 36 X 60
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14222502600000
  • Zoning Description: Res

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 2131.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2025 $2,140 $130,400 $14,000 $116,400
2024 $2,270 $117,600 $12,300 $105,300
2023 $2,270 $120,900 $10,600 $110,300
2022 $1,992 $107,600 $10,600 $97,000
2021 $1,952 $96,200 $8,900 $87,300
2020 $1,846 $88,500 $8,900 $79,600
2019 $482 $22,400 $7,800 $14,600
2018 $1,538 $22,400 $7,800 $14,600
2017 $1,646 $77,400 $7,800 $69,600
2016 $1,646 $77,400 $7,800 $69,600
2015 $1,614 $75,873 $7,812 $68,061
2014 $1,614 $75,873 $7,812 $68,061
2013 $1,580 $75,873 $7,812 $68,061
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 Price Changed $158,000 +21.5% $64 / Sq Ft
07/25/2025 07/25/25 Price Changed $130,000 -7.1% $52 / Sq Ft
05/27/2025 05/27/25 Price Changed $140,000 -6.0% $56 / Sq Ft
05/07/2025 05/07/25 Price Changed $149,000 -5.7% $60 / Sq Ft
03/28/2025 03/28/25 For Sale $158,000 +43.6% $64 / Sq Ft
12/28/2023 12/28/23 Sold $110,000 -8.3% $45 / Sq Ft View Prior Sale
12/07/2023 12/07/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $119,900 -4.0% $49 / Sq Ft
11/01/2023 11/01/23 For Sale $124,900 -- $51 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Corporate Deed $19,500 None Available
Corporate Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,000 Future Advance Clause Open End Mortgage
Previous Owner $18,817 Purchase Money Mortgage
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2502136

Cedar Rapids Area Association of REALTORS®

APN: 14222-85026-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

369 15th St SE, Cedar Rapids, IA

For Sale

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Cedar Rapids Area Association of REALTORS® 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.
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Nearby Homes
Listing Agent
Tracy Engelbart
Section Image
REAL ESTATE AMERICA, INC.
(319) 469-8226