CASH FLOW! Both parcels being sold as a package deal. 9 units all together. Each unit has been rented for $500/mo for $4,500 gross monthly. Easy to show. 1419 is 4- 1 bedroom units and efficiency in LL. 1427 is 4- 1 bedroom units. Brand new (5) electrical breaker panels in 1419. Some new windows. Both properties have added insulation on exterior. Just passed City Inspections in June 2022 and good for 3 years!
Off market
$238,200
1419 & 1427 2nd Ave SE, Cedar Rapids, IA 52403
--beds
--baths
4,280sqft
Multi Family
Built in 1900
-- sqft lot
$238,200 Zestimate®
$56/sqft
$1,054 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: April 04, 2023 at 05:53pm
Listed by:
Jeremy Emmert 319-210-0630,
COLDWELL BANKER HEDGES
Bought with:
Jim Snider
Cedar Valley Iowa Realty
Source: CRAAR, CDRMLS,MLS#: 2205626
Originating MLS: Cedar Rapids Area Association Of Realtors

Facts & features
Interior
Heating
- Gas
Cooling
- Wall/Window Unit(s)
Interior area
- Total interior livable area: 4,280 sqft
Property
Parking
- Parking features: Parking Space(s)
- Has garage: Yes
Features
- Patio & porch: Deck, Patio
Lot
- Size: 0.32 Acres
- Dimensions: 100 x 140
Details
- Parcel number: 142228301000000, 142228300900000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Cedar Rapids
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$238,200
2% more+$4,764
With Zillow Showcase(estimated)$242,964