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Sold for $186,000 on 08/27/25
  • $186,000

    702 9th St SW, Cedar Rapids, IA 52404

    --beds
    --baths
    2,303sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $186,200 Zestimate®
    $81/sqft
    $1,010 Estimated rent

    Owner options

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    $1,010/mo

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    $1,010/mo

    Rent Zestimate®

    Refinance and save

    $1,031/mo

    Est. payment

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    $1,031/mo

    Est. payment

    What's special

    Turnkey Triplex–Fully Renovated and Ready for Cash Flow! Don't miss this exceptional investment opportunity on the quiet SW side of Cedar Rapids! Clean and fully updated its ready for a new owner to start collecting income immediately. Recent renovations within the last 6 years include: new roof, siding, windows, paint, flooring, full kitchen and bathroom remodels, and updated mechanicals—all separated for tenant convenience. Each unit has its own electric meter, while the owner covers water. The building is currently vacant, allowing for easy showings and flexibility for owner-occupants or new tenant placements. Rental History: (2) One-bedroom units previously rented at $675 and $715 (1) Three-bedroom upper unit previously rented at $1,040The property also features alley access, a detached garage, and low-maintenance exterior. This is a perfect addition to your rental portfolio or a great start for a first-time investor!

    Zillow last checked: 7 hours ago

    Listing updated: September 16, 2025 at 07:51am

    Listed by:

    Jeremy Trenkamp Real Estate Team 319-270-1323,

    Realty87

    Bought with:

    Erin Allen

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2504710MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Interior area
    • Total interior livable area: 2,303 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Deck, Patio
    Lot
    • Size: 7,666 sqft
    • Dimensions: .176
    Details
    • Parcel number: 142940301000000
    • Zoning: Res
    • Zoning description: Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Vinyl Siding
    • Foundation: Block
    Condition
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cedar Rapids

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $186,200
    2% more+$3,724
    With Zillow Showcase(estimated)$189,924