$122,000
SOLD JAN 26, 2024

512 Mckinley St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
-- Bed
-- Bath
5,133 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

19% Below List Price

82 Days on Market

About This Home

As of January 2024

Located by mercy hospital,Downtown and not to far from Newbo, This 4Plex with 1 and 3 bedroom units. 24 Hr noticed required

Last Agent to Sell the Property

Z Maryland

Pinnacle Realty LLC Listed on: 09/27/2023

Pinnacle Realty LLC

Last Buyer's Agent

Mike Selling Team

GRAF REAL ESTATE, ERA POWERED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,224

Year Built

  • 1900

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 5,133 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • 5,663 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • Gross Income $34,800
  • Net Operating Income $31,270

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,224

Year Built

1900

Lot Details

0

Listing Details

  • Acres: 0.1300
  • City Name: Cedar Rapids
  • Gross Tax: 2224
  • Last City Inspection: 2023
  • List User Cell Phone: 319-431-0382
  • Miscellaneous: Common Laundry-Owned
  • Net Tax: 2224
  • Noof Units One Bedroom: 2
  • Noof Units Three Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.81333
  • Ratio Close Price By Original Li: 0.81333
  • Ratio Current Price By Sq Ft: 23.77
  • Total Sq Ft: 5133
  • Style St: Flat/Apartment
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Window/Wall Air

Schools

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

Lot Info

  • Lot Size: 5,503

Rental Info

  • Owner Pays: Water, Gas
  • Total Expenses: 3530

Multi Family

  • Gross Income: 34800
  • Net Operating Income: 31270.00

Range of Values:

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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
07/28/2025 07/28/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $165,000 0.0% $45 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
03/16/2025 03/16/25 For Sale $165,000 +35.2% $45 / Sq Ft
01/26/2024 01/26/24 Sold $122,000 -18.7% $24 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $150,000 -- $29 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Cindy Guckenberger

    Key Realty

    (319) 210-3533

    31 Total Sales

    Cindy Guckenberger
    Section Image
  • Z Maryland

    Seller's Agent in 2024

    Z Maryland

    Pinnacle Realty LLC

    (319) 431-0382

    7 in this area

    99 Total Sales

    Z Maryland
    Section Image

  • M

    Buyer's Agent in 2024

    Mike Selling Team

    GRAF REAL ESTATE, ERA POWERED

    (319) 981-3702

    21 in this area

    629 Total Sales

    Mike Selling Team
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2306370

Cedar Rapids Area Association of REALTORS®
Iowa Linn County Cedar Rapids 52403 Wellington Heights

512 Mckinley St SE, Cedar Rapids, IA

This home is located at 512 Mckinley St SE, Cedar Rapids, IA 52403 and is currently priced at $122,000, approximately $23 per square foot. This property was built in 1900. 512 Mckinley St SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, 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.

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.

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