The KataLYST Team as part of KW Commercial is pleased to present this multifamily property located at 60 & 64 Miller Avenue Southwest, Cedar Rapids, IA. This property was renovated in 2022 and almost every unit has been re-done. The current owners have spent several hundred thousand in updates and renovations since 2021. Rents still have more room for growth as the current owners were offering reduced rents during renovations to fill a large number of units at once. The 4 bedroom, 2 bath layout offers a unique opportunity both for college housing for Kirkwood Community College, and for families looking to get into the desirable College Community School District. This property was built in 2000 and updated since then. Each unit has it’s own furnace/AC and all utilities are separately metered. You will save a ton in long term maintenance and capital expenses with this property over some of the other options on the market.
Sold for $2,600,000 on 05/30/25
$2,600,000
60 Miller Ave SW, Cedar Rapids, IA 52404
--beds
--baths
36,000sqft
Multi Family
Built in 2000
-- sqft lot
$2,634,400 Zestimate®
$72/sqft
$935 Estimated rent
Home value
$2,634,400
$2.45M - $2.82M
$935/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 04, 2025 at 11:06am
Listed by:
Nick Wallraff 515-334-4900,
KW Red Heartland
Bought with:
Chris Puckett
COLDWELL BANKER HEDGES
Source: CRAAR, CDRMLS,MLS#: 2407332
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Gas
Cooling
- Central Air
Appliances
- Laundry: Common Area
Interior area
- Total interior livable area: 36,000 sqft
Property
Parking
- Total spaces: 60
- Parking features: Parking Space(s)
Lot
- Size: 1.44 Acres
- Dimensions: 62726.4
Details
- Parcel number: 190940100401007 AND 190940101001002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Frame, Vinyl Siding
- Foundation: Slab
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Cedar Rapids
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $2,600,000-3.7%$72/sqft |
Source:  CRAAR, CDRMLS #2407332 | ||
| 5/27/2025 | Pending sale | $2,700,000$75/sqft |
Source: CRAAR, CDRMLS #2407332 | ||
| 3/21/2025 | Price change | $2,700,000-3.2%$75/sqft |
Source: CRAAR, CDRMLS #2407332 | ||
| 10/23/2024 | Listed for sale | $2,790,000+153.6%$78/sqft |
Source: CRAAR, CDRMLS #2407332 | ||
| 12/12/2022 | Listing removed | -- |
Source: Zillow Rentals | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lincolnway Village
Nearby schools
GreatSchools rating
- 7/10Prairie Heights Elementary SchoolGrades: PK-4Distance: 1.3 mi
- 6/10Prairie PointGrades: 7-9Distance: 1.7 mi
- 2/10Prairie High SchoolGrades: 10-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Adams
- Middle: Adams
- High: AGWSR
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$2,634,400
2% more+ $52,688
With Zillow Showcase(estimated)
$2,687,088