Great investment opportunity! Check out this upper/lower duplex with many updates. Both units are vacant so you can interview and choose your own tenants. Lower Unit is 2 Bedroom. Upper Unit is 3 Bedroom. NEW ROOF on the property. New flooring in areas of each unit, Updated or refreshed cabinets. Updated bathrooms. New vinyl windows installed with existing updated windows in the units. Tenants pay electric and gas, landlord pays water/garbage. Each unit has their own private entry. Close to downtown and I-380. Sold "as-is". Any and all inspections are for buyers knowledge only.
For sale
Price cut: $10K (7/25)
$130,000
369 15th St SE, Cedar Rapids, IA 52403
--beds
--baths
2,480sqft
Est.:
Multi Family
Built in 1895
-- sqft lot
$124,900 Zestimate®
$52/sqft
$-- HOA
What's special
Private entryUpdated bathroomsNew flooringNew roofUpdated or refreshed cabinetsNew vinyl windows
- 134 days
- on Zillow |
- 333 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 08:37am
Listed by:
Warren Engelbart 319-981-1200,
REAL ESTATE AMERICA, INC.,
Tracy Engelbart 319-329-1100,
REAL ESTATE AMERICA, INC.
Source: CRAAR, CDRMLS,MLS#: 2502136
Originating MLS: Cedar Rapids Area Association Of Realtors

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Forced Air, Gas
Features
- Basement: Full
Interior area
- Total interior livable area: 2,480 sqft
Video & virtual tour
Property
Lot
- Size: 2,178 Square Feet
- Dimensions: 36 x 60
Details
- Parcel number: 14222502600000
- Zoning: Res
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Block
Condition
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $117,600
- Annual tax amount: $2,131
- Date on market: 3/28/2025
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
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