$145,000

Estimated payment $902/month

Total Views 17,805
-- Bed
-- Bath
1,960 Sq Ft
$74 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • 5-minute walk to Greene Square Park

About This Home

Fully leased 5 Unit Property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must bed purchased with adjacent property 317 8th St SE, Cedar Rapids, MLS 2406835 parcel 14214-80002-00000. 24 Hour notice required.

Listing Agent

Bryant Nicholson

Affinity Real Estate Services Listed on: 10/17/2025

Affinity Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1900

Lot Details

  • 3,964 Sq Ft Lot

Home Design

  • 1,960 Sq Ft Home
  • Frame Construction
  • Aluminum Siding

Schools

  • Grant Wood Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 142148000100000

Community Details

Overview

  • 5 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $11,242
  • Gross Income $24,624
  • Net Operating Income $13,382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,760

Year Built

Built in 1900

Lot Details

3,964 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.091
  • Reso Pets Allowed: Yes
  • Co List Office Phone: 319-393-0814
  • MLS Status: Active
  • Directions: 1st Ave to 8th Street
  • Year Built: 1900
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: See Remarks

Exterior Features

  • Construction Type: Aluminum Siding, Frame

Garage/Parking

  • Parking Features: Parking Space(s)
  • Total Parking Spaces: 3.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Grant Wood
  • High School: Washington
  • Middle Or Junior School: McKinley

Lot Info

  • Lot Dimensions: 3975
  • ResoLotSizeUnits: Acres
  • Parcel Number: 142148000100000

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 24624.0
  • Net Operating Income: 13382.0
  • Number Of Units Total: 5
  • Annual Operating Expense: 11242.0

Tax Info

  • Tax Annual Amount: 1760.0

Map

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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 $1,760 $99,400 $9,700 $89,700
2024 $1,702 $92,800 $9,700 $83,100
2023 $1,702 $92,800 $9,700 $83,100
2022 $1,590 $75,300 $9,700 $65,600
2021 $1,608 $60,800 $9,700 $51,100
2020 $1,608 $56,900 $9,700 $47,200
2019 $1,434 $46,500 $9,700 $36,800
2018 $1,498 $46,500 $9,700 $36,800
2017 $1,706 $47,700 $9,700 $38,000
2016 $1,706 $47,700 $9,700 $38,000
2015 $2,326 $61,652 $9,673 $51,979
2014 $2,326 $58,804 $6,440 $52,364
2013 $2,348 $58,804 $6,440 $52,364
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 For Sale $145,000 +3.6% $74 / Sq Ft
06/24/2022 06/24/22 Sold $140,000 0.0% $71 / Sq Ft View Prior Sale
05/20/2022 05/20/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $140,000 -- $71 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2508721

Cedar Rapids Area Association of REALTORS®
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