NOT LISTED FOR SALE

76 Miller Ave SW Cedar Rapids, IA 52404

Lincolnway Village Neighborhood
8 Beds
4 Baths
7,084 Sq Ft
1.07 Acres

Last Sold September 21, 2023

Last sale price $580,000 $82 Per Sq Ft

2 Days on Market

Highlights

  • 1.07 Acre Lot
  • Forced Air Cooling System
  • 8 Car Garage
  • Prairie Ridge Elementary School Rated A-

About This Home

As of September 2023

Incredible investor opportunity for an 8 plex in wonderful condition. Well kept with 8 Garages as well. New roof, Siding, garage doors and insulation in 2020. Due to extended family illness' these units have not been actively managed for quite some time. 4 Units vacant. 3 Units on a month to month rent, and 1 unit on a 1 year lease. As such, this is a great opportunity for an investor to establish a rent base with wonderful profit potential. In addition, empty lot in rear of property perfect for another complex/parking or storage type of center. Listing at assessed value but value is in how well these has been kept.

Last Agent to Sell the Property

Jeff Tackaberry

NextHome Navigator Listed on: 08/22/2023

NextHome Navigator

Last Buyer's Agent

Amber Pitt

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,193

Year Built

  • 1996

Lot Details

  • 1.07

Parking

  • 8 Car Garage

Home Design

  • 7,084 Sq Ft Home
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Additional Features

  • 1.07 Acre Lot
  • Forced Air Cooling System

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,193

Year Built

1996

Lot Details

0

Listing Details

  • Acres: 1.0700
  • City Name: Cedar Rapids
  • Gross Tax: 12193
  • List User Cell Phone: 319-430-5207
  • Miscellaneous: Common Laundry-Owned, Garage, Parking Spaces, Rent Permit
  • Net Tax: 10702
  • Noof Units Two Bedroom: 8
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.05474
  • Ratio Close Price By Original Li: 1.05474
  • Ratio Current Price By Sq Ft: 81.87
  • Total Sq Ft: 7084
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: res 3+ U
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1996

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite, Partial Brick, Vinyl

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: 46609

Range of Values:

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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
09/21/2023 09/21/23 Sold $580,000 +5.5% $82 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $549,900 -- $78 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeff Tackaberry

    Seller's Agent in 2023

    Jeff Tackaberry

    NextHome Navigator

    (319) 430-5207

    1 in this area

    105 Total Sales

    Jeff Tackaberry
    Section Image

  • A

    Buyer's Agent in 2023

    Amber Pitt

    Keller Williams Legacy Group

    (319) 651-2539

    1 in this area

    64 Total Sales

    Amber Pitt
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2305562

Cedar Rapids Area Association of REALTORS®

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

76 Miller Ave SW, Cedar Rapids, IA

This home is located at 76 Miller Ave SW, Cedar Rapids, IA 52404 since 22 August 2023. This property was built in 1996. 76 Miller Ave SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary 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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