Welcome to this well-maintained 4-plex located on the vibrant SE side. This property features four spacious one-bedroom units, offering a fantastic opportunity for investors or those looking to live in one unit while renting out the others.
Unit 1: Completely remodeled from the floor up, showcasing modern finishes and stylish updates.
Unit 2: Recently upgraded with brand-new carpet, providing a fresh and inviting space.
Units 3 & 4: While they could benefit from some updating, both units are in good condition and pass city inspection.
Tenants are responsible for gas and electric, adding to the property's appeal as a low-maintenance investment. Don’t miss out on this opportunity to own a well-located multi-family building with great income potential.
Contact us today to schedule a viewing and explore the possibilities!
Sold for $135,000 on 11/19/24
$135,000
1534 3rd Ave SE, Cedar Rapids, IA 52403
--beds
--baths
2,080sqft
Multi Family
Built in 1900
-- sqft lot
$137,300 Zestimate®
$65/sqft
$830 Estimated rent
Home value
$137,300
$128,000 - $148,000
$830/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 19, 2024 at 06:12pm
Listed by:
Chris Puckett 319-899-4705,
COLDWELL BANKER HEDGES
Bought with:
Tim Nash
SKOGMAN REALTY
Source: CRAAR, CDRMLS,MLS#: 2405772
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total interior livable area: 2,080 sqft
Property
Parking
- Total spaces: 6
- Parking features: Parking Space(s)
Lot
- Size: 8,400 sqft
- Dimensions: 60 x 140
Details
- Parcel number: 142227902300000
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
Community & neighborhood
Location
- Region: Cedar Rapids
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2024 | Sold | $135,000-10%$65/sqft |
Source:  CRAAR, CDRMLS #2405772 | ||
| 11/6/2024 | Pending sale | $150,000$72/sqft |
Source: CRAAR, CDRMLS #2405772 | ||
| 8/28/2024 | Price change | $150,000-3.8%$72/sqft |
Source: CRAAR, CDRMLS #2405772 | ||
| 8/19/2024 | Listed for sale | $155,900+60.7%$75/sqft |
Source: CRAAR, CDRMLS #2405772 | ||
| 11/3/2023 | Sold | $97,000-18.5%$47/sqft |
Source:  Iowa City Area AOR #202305134 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,242 -7.2% | $105,200 +3.8% |
| 2023 | $2,417 +21.9% | $101,300 +19.2% |
| 2022 | $1,982 +2.7% | $85,000 +4.7% |
Find assessor info on the county website
Neighborhood: Wellington Heights
Nearby schools
GreatSchools rating
- 1/10Johnson STEAM Academy SchoolGrades: K-5Distance: 0.3 mi
- 4/10Mckinley Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10George Washington High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Grant Wood
- Middle: McKinley
- 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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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$137,300
2% more+ $2,746
With Zillow Showcase(estimated)
$140,046