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Pending
  • Price cut: $5K (5/12)
    $115,000

    418 A Ave NW, Cedar Rapids, IA 52405

    --beds
    --baths
    1,384sqft
    : 
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $83/sqft
    $-- HOA

    What's special

    Laundry in basement
    Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!
    155 days
    on Zillow
    |
    259
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 06:52pm

    Listed by:

    Mark Christianson 319-329-5770,

    Keller Williams Legacy Group

    Source: CRAAR, CDRMLS,MLS#: 2501481MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors
    Travel times

    Facts & features

    Interior

    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area, In Unit
    Interior area
    • Total interior livable area: 1,384 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Exterior features: Fence
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 40' x 140'
    Details
    • Parcel number: 142910701300000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Vinyl Siding
    • Foundation: Block
    Condition
    • Year built: 1890

    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: $83/sqft
    • Tax assessed value: $118,500
    • Annual tax amount: $2,146
    • Date on market: 3/7/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
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