$145,000
SOLD FEB 24, 2025

4030 Johnson Ave NW Cedar Rapids, IA 52405

-- Bed
-- Bath
3,367 Sq Ft
0.41 Acres

Recently Sold

$43 Per Sq Ft

19% Below List Price

34 Days on Market

About This Home

As of February 2025

Boasting five units and 100% occupancy, this investment promises immediate returns. The property is ideally zoned as Suburban Residential Medium Flex, offering versatility for future development or expansion. Investors benefit from a strong rental history and convenient location. With a focus on long-term stability and growth, this property presents a compelling opportunity for multifamily investors seeking to capitalize on the thriving market in Cedar Rapids.

Last Agent to Sell the Property

Jack Brundell

GLD COMMERCIAL

GLD COMMERCIAL

Last Buyer's Agent

Jack Brundell

GLD COMMERCIAL

GLD COMMERCIAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1900

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 110x152

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,367 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Hoover Elementary School
  • Roosevelt Middle School
  • Jefferson High School

Utilities

  • Heating System Uses Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 13251-55014-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,773

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.41
  • Co List Office Phone: 319-731-3400
  • MLS Status: Closed
  • Directions: Google maps
  • Year Built: 1900
  • 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

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Sewer: Public Sewer
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Hoover
  • High School: Jefferson
  • Middle Or Junior School: Roosevelt

Lot Info

  • Lot Dimensions: 110x152
  • ResoLotSizeUnits: Acres
  • Parcel Number: 13251-55014-00000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2773.0

Map

Range of Values:

Collateral Analytics

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $145,000 0.0% $43 / Sq Ft
02/24/2025 02/24/25 Sold $145,000 -19.4% $43 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
01/11/2025 01/11/25 Pending -- -- --
12/08/2024 12/08/24 For Sale $180,000 0.0% $53 / Sq Ft
12/06/2024 12/06/24 For Sale $180,000 -- $53 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2408264

Cedar Rapids Area Association of REALTORS®

Iowa Linn County Cedar Rapids 52405

4030 Johnson Ave NW, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 4030 Johnson Ave NW, Cedar Rapids, IA 52405 and is currently priced at $145,000, approximately $43 per square foot. This property was built in 1900. 4030 Johnson Ave NW is a home located in Linn County with nearby schools including Hoover Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson 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.

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.
Information is deemed reliable but not guaranteed.