**Back on the market due to buyer financing** Serious Cash Cow! This 14 unit multi-family property has so much to like and not just the $$! Newer concrete work and landscaping all around property, newer roof/vinyl siding/vinyl windows. Current owner has given the sleeping rooms a facelift and it just passed city inspection 7/27/2023 and good for 3 YEARS! This property has 13 sleeping rooms and 1 efficiency suite. The 13 sleeping rooms share 2 kitchens and 2 bathrooms with an additional bathroom that is currently unused, but with some TLC can be usable. The efficiency suite has its own kitchen and bathroom.
Sold for $210,000 on 01/01/24
$210,000
110 16th St NE, Cedar Rapids, IA 52402
--beds
--baths
3,433sqft
Multi Family
Built in 1906
-- sqft lot
$224,200 Zestimate®
$61/sqft
$730 Estimated rent
Home value
$224,200
$200,000 - $249,000
$730/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 05, 2024 at 05:42am
Listed by:
Jeremy Emmert 319-210-0630,
COLDWELL BANKER HEDGES
Bought with:
Tim Scherbring
eXp Realty
Source: CRAAR, CDRMLS,MLS#: 2304955
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Gas, Gravity, Hot Water
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total interior livable area: 3,433 sqft
Property
Features
- Patio & porch: Deck, Patio
Lot
- Size: 4,007 sqft
- Dimensions: 40 x 100
Details
- Parcel number: 142220701000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Block
Condition
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Cedar Rapids
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/1/2024 | Sold | $210,000-6.7%$61/sqft |
Source:  CRAAR, CDRMLS #2304955 | ||
| 12/20/2023 | Pending sale | $225,000$66/sqft |
Source: CRAAR, CDRMLS #2304955 | ||
| 11/2/2023 | Listed for sale | $225,000$66/sqft |
Source: CRAAR, CDRMLS #2304955 | ||
| 10/14/2023 | Pending sale | $225,000$66/sqft |
Source: CRAAR, CDRMLS #2304955 | ||
| 10/10/2023 | Price change | $225,000-10%$66/sqft |
Source: CRAAR, CDRMLS #2304955 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,666 -2.6% | $158,400 +5.1% |
| 2023 | $2,736 -11.1% | $150,700 +16.2% |
| 2022 | $3,076 -3.6% | $129,700 +2.9% |
Find assessor info on the county website
Neighborhood: Mound View
Nearby schools
GreatSchools rating
- 2/10Garfield Elementary SchoolGrades: K-5Distance: 0.9 mi
- 2/10Franklin Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10George Washington High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Garfield
- Middle: Franklin
- High: Washington
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$224,200
2% more+ $4,484
With Zillow Showcase(estimated)
$228,684