4006 Westover Rd SE Cedar Rapids, IA 52403
Estimated payment $1,621/month
Highlights
- 4 Fireplaces
- Living Room
- Dining Room
- The community has rules related to allowing live work
- Property is near schools
- Baseboard Heating
About This Home
Quality Four-plex with a blend of stability and opportunity. This property has been proudly owned by the same family for decades, delivering consistent rental income in a fantastic location just moments from 1st Avenue, with a short drive to Marion and the bustling Lindale Mall shopping district—convenience meets cash flow! This well-maintained investment features four spacious two-bedroom, one-bath units, each designed for comfortable living, plus an income-boosting common laundry in the lower level. Enjoy peace of mind with major updates already in place, including a new roof installed in 2023, and 18 replacement windows, a sliding patio door, and a large picture window all upgraded in 2015. Hot water heat and window/wall air-conditioning ensure year-round comfort for tenants, while the detached four-stall garage offers ample parking and storage—a rare and valuable perk. Whether you’re a seasoned investor or seeking a reliable income property, this turnkey four-plex is brimming with long-term potential.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- Lot Dimensions are 80x135
Parking
- 4 Parking Spaces
Home Design
- Frame Construction
Interior Spaces
- 1,714 Sq Ft Home
- 4 Fireplaces
- Living Room
- Dining Room
- Oven or Range
Basement
- Partial Basement
- Block Basement Construction
Location
- Property is near schools
- Property is near shops
Schools
- Kenwood Elementary School
- Franklin Middle School
- Washington High School
Utilities
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 14112-01005-00000
Community Details
Overview
- 4 Units
- Glenbrook Cove Subdivision
- The community has rules related to allowing live work
Building Details
- Maintenance Expense $12,050
- Gross Income $18,900
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Pending | -- | -- | -- |
| 10/30/2025 10/30/25 | For Sale | $260,000 | -- | $76 / Sq Ft |
About the Listing Agent
Why did the real estate agent break up with the mortgage? Too many terms and not enough interest!
All joking aside, if you want an agent that can come through with great terms and find great interest rates, let me introduce you to Jim Zachar, a veteran real estate expert who’s been with Coldwell Banker Hedges since 2014. With over $80 million in sales and more than 350 successful transactions under his belt, Jim is a seasoned pro in the Greater Cedar Rapids area.
Having lived in Cedar
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Source: Iowa City Area Association of REALTORS®
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