Perfect investment opportunity for an investor who's just starting out or looking to add to their portfolio. This property is fully occupied and consists of four, 1 bedroom apartments, a 3 stall garage, and coin operated washer and dryer that's owned. Owner pays gas and water/sewer while the resident's pay electricity. Each unit has been updated within the last 5 years. The property passed the city inspection in June, 2023.
Sold for $149,900 on 08/10/23
$149,900
1532 5th Ave SE, Cedar Rapids, IA 52403
--beds
--baths
2,018sqft
Multi Family
Built in 1914
-- sqft lot
$-- Zestimate®
$74/sqft
$891 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 11, 2023 at 07:21am
Listed by:
Justin Sloan 319-521-0101,
SKOGMAN REALTY COMMERCIAL
Bought with:
Mike Graf-Graf Home Selling Team
GRAF REAL ESTATE, ERA POWERED
Source: CRAAR, CDRMLS,MLS#: 2304386
Originating MLS: Cedar Rapids Area Association Of Realtors

Facts & features
Interior
Heating
- Gas
Appliances
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total interior livable area: 2,018 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
Lot
- Size: 7,013 sqft
- Dimensions: 50 x 140
Details
- Parcel number: 142230303000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
Condition
- Year built: 1914
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