938 18th Ave SW Cedar Rapids, IA 52404
Estimated payment $619/month
Total Views
6,867
2
Beds
1
Bath
760
Sq Ft
$118
Price per Sq Ft
Highlights
- A-Frame Home
- Forced Air Heating System
- 2 Car Garage
About This Home
Looking for stable cash flow and long-term appreciation in one of the Midwest’s most investor-friendly markets? This turnkey portfolio in Cedar Rapids, IA is the perfect addition to your rental holdings. Whether you're a local investor or an out-of-state buyer looking to expand in the Midwest, this package offers immediate rental income, strong tenant demand, and a market with steady growth. Serious investors, let’s connect! Contact me today for financials, rental breakdowns, and to discuss how these properties can fit into your investment strategy. Sold with MLS 2502222,2502224,2502230,2502217,2501425 are listed as a portfolio for $745K. Subject to 1031 Exchange. Listing agent is related to one of the owners.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,406
Year Built
- Built in 1930
Lot Details
- 5,663 Sq Ft Lot
Parking
- 2 Car Garage
Home Design
- A-Frame Home
- Raised Ranch Architecture
- Frame Construction
- Vinyl Siding
Interior Spaces
- 760 Sq Ft Home
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Wilson Elementary And Middle School
- Jefferson High School
Utilities
- Forced Air Heating System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 14321-32013-00000
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $1,536 | $79,400 | $21,000 | $58,400 |
| 2022 | $1,350 | $72,800 | $21,000 | $51,800 |
| 2021 | $1,396 | $65,200 | $18,000 | $47,200 |
| 2020 | $1,396 | $63,300 | $17,000 | $46,300 |
| 2019 | $1,286 | $59,700 | $17,000 | $42,700 |
| 2018 | $1,252 | $59,700 | $17,000 | $42,700 |
| 2017 | $1,270 | $58,300 | $17,000 | $41,300 |
| 2016 | $1,240 | $58,300 | $17,000 | $41,300 |
| 2015 | $1,344 | $63,151 | $17,000 | $46,151 |
| 2014 | $1,344 | $63,151 | $17,000 | $46,151 |
| 2013 | $1,130 | $63,151 | $17,000 | $46,151 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 04/01/2025 04/01/25 | For Sale | $90,000 | -- | $118 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $92,500 | None Listed On Document | |
| Warranty Deed | $28,000 | None Available | |
| Warranty Deed | $26,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $87,875 | New Conventional | |
| Previous Owner | $22,400 | Unknown | |
| Previous Owner | $25,080 | No Value Available |
Source: Public Records
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Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2502217
APN: 14321-32013-00000
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