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Sold for $273,900 on 07/17/25
  • $273,900

    3902 1st Ave NE, Cedar Rapids, IA 52402

    --beds
    --baths
    1,904sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $273,900 Zestimate®
    $144/sqft
    $1,128 Estimated rent

    What's special

    Investors, take note! This well-maintained property on 1st Ave presents an excellent opportunity. The main level features a versatile commercial space, previously used as a beauty salon, ideal for a variety of business ventures. The upper level offers two beautifully remodeled one-bedroom apartments, with a private entrance for added convenience and privacy. The building is equipped with three newer furnaces and three newer central air units, all individually metered. Tenants are responsible for gas and electric, while the owner covers water and garbage. Fully leased and generating income, this property is a turnkey investment. Schedule your private showing today!

    Zillow last checked: 7 hours ago

    Listing updated: July 17, 2025 at 11:59am

    Listed by:

    Laura Merchan 319-551-8900,

    SKOGMAN REALTY

    Bought with:

    Julie Kraus

    IOWA REALTY

    Source: CRAAR, CDRMLS,MLS#: 2503852MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Heating
    • Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Interior area
    • Total interior livable area: 1,904 sqft

    Property

    Parking
    • Parking features: Parking Space(s)
    Lot
    • Size: 6,708 sqft
    Details
    • Parcel number: 141122803400000
    • Zoning: Commerci
    • Zoning description: Commerci

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Wood Siding
    Condition
    • Year built: 1956

    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
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $273,900
    2% more+ $5,478
    With Zillow Showcase(estimated)
    $279,378