$162,500 Price Analysis    ♡   Cedar Rapids, IA 52403 Unknown bed None bath 1,856 SqFt ($87/SqFt) 4,200SqFt lot. Built 1914 Listed 2024-02-17, Taxes $1,850 | Ⓧ USDA Ineligible due to location near Cedar Rapids |
This well-maintained Four-plex with 2 studio units and 2 one-bedroom units is an ideal investment opportunity for those looking to enter the market.
Located on the SE side of Cedar Rapids, the property offers low maintenance with a newer roof and siding, plus a roomy open backyard. Perfect for new owner to take over and begin generating income from day one. Seller Financing and Lease Option available for a qualified buyer with minimum of $27, 000 down payment reach out for further information on terms.
Package deal available for 1207 5th Ave Se and 1211 5th Ave SE. Tenant occupied, 48 hours minimum notice for showings, pre approval required for showings on occupied units.
Presented by Connor Harris at
Burrington Real Estate.
Property MLS #2401091 from CedarRapids
Gas Heat
Window/Wall Air
Lot Size Dimensions: 30 X 140
Lot Size Square Feet: 4200
High School: Washington
Middle School: McKinley
Map directions Map directions Map directions Map directionsNumber of Studio Units: 2
Number of 1 Bedroom Units: 2
Sep. Meter Water
Ten Storag
Annual Tax Amount: 1722
Source Listing Status: Active
County: Linn
Directions: 19th St SE to 5th Ave SE
Source Property Type: Multi-Family
Area: SE Quadrant
Source Neighborhood: SE Quadrant
Parcel Number: 142233400700000
Postal City: Cedar Rapids
Property Subtype: 1-4 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $63,800 + $12,000 $75,800 | $1,850 |
| 2021 | $63,800 + $12,000 $75,800 | $1,854 |
| 2020 | $62,700 + $7,500 $70,200 | $1,952 |
| 2019 | $62,700 + $7,500 $70,200 | $1,016 |
| 2018 | $39,600 + $7,500 $47,100 | $988 |
| 2017 | $39,600 + $7,500 $47,100 | $1,016 |
| 2016 | $39,200 + $7,500 $46,700 | $992 |
| 2015 | $39,200 + $7,500 $46,700 | $1,150 |
| 2014 | $46,539 + $7,500 $54,039 | $2,178 |
| 2012 | $53,115 + $6,804 $59,919 | $2,292 |
| 2011 | $53,115 + $6,804 $59,919 | $2,268 |
| 2010 | $49,098 + $6,804 $55,902 | $2,112 |
| 2010 | $53,115 + $6,804 $59,919 | $2,112 |
| 2009 | $49,098 + $6,804 $55,902 | $2,108 |
| 2004 | $49,098 + $6,804 $55,902 | $2,014 |
$162,500
CedarRapids
Listed 2024-02-17
$169,999
CedarRapids
Sold 2023-06-06
$125,000
Public Record
Listing removed 2021-11-17
$0
CedarRapids
Sold 2021-11-16
$108,000
Public Record
Price Changed 2021-09-14
$117,900
CedarRapids
Price Changed 2021-08-03
$126,500
CedarRapids
Listed 2021-07-16
$129,900
CedarRapids
Listing removed 2021-05-26
$0
CedarRapids
Price Changed 2021-03-09
$120,000
CedarRapids
Price Changed 2021-02-26
$129,900
CedarRapids
Listed 2020-12-08
$134,000
CedarRapids
Sold 2020-06-23
$110,000
Public Record
Sold 2018-06-07
$82,000
Public Record
Listing removed 2018-06-01
$0
CedarRapids
Price Changed 2018-02-23
$87,900
CedarRapids
Listed 2018-01-03
$92,500
CedarRapids
Sold 2012-09-19
$100,000
Public Record
Year Built: 1914
Construction Materials: Frame
Property Age: 110
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.