Seller's Agent in 2025
Nick Wallraff
KW Red Heartland
(319) 777-8998
1 in this area
25 Total Sales
60 Miller Ave SW Cedar Rapids, IA 52404
Lincolnway Village Neighborhood
--
Bed
--
Bath
36,000
Sq Ft
62,726
Sq Ft Lot
Highlights
- 1.44 Acre Lot
- No HOA
- Central Air
- Prairie Ridge Elementary School Rated A-
- Home Security System
- Heating System Uses Gas
About This Home
As of May 2025The KataLYST Team as part of KW Commercial is pleased to present this multifamily property located at 60 & 64 Miller Avenue Southwest, Cedar Rapids, IA. This property was renovated in 2022 and almost every unit has been re-done. The current owners have spent several hundred thousand in updates and renovations since 2021. Rents still have more room for growth as the current owners were offering reduced rents during renovations to fill a large number of units at once. The 4 bedroom, 2 bath layout offers a unique opportunity both for college housing for Kirkwood Community College, and for families looking to get into the desirable College Community School District. This property was built in 2000 and updated since then. Each unit has it’s own furnace/AC and all utilities are separately metered. You will save a ton in long term maintenance and capital expenses with this property over some of the other options on the market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $46,860
Year Built
- Built in 2000
Lot Details
- 1.44 Acre Lot
Home Design
- 36,000 Sq Ft Home
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Vinyl Siding
Schools
- Adams Elementary And Middle School
- Agwsr High School
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Assessor Parcel Number 19094-01004-01007 AND 19094-01010-01002
Community Details
Overview
- No Home Owners Association
- 30 Units
Pet Policy
- Pets Allowed
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $2,600,000 | -3.7% | $72 / Sq Ft |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | Price Changed | $2,700,000 | -3.2% | $75 / Sq Ft |
| 10/21/2024 10/21/24 | For Sale | $2,790,000 | -- | $78 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Agents Affiliated with this Home
-
Nick Wallraff
-
Chris Puckett
C
Buyer's Agent in 2025
Chris Puckett
Realty87
1 in this area
43 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2407332
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