Fantastic investment opportunity! This fully rented duplex, with long-term tenants in place, offers reliable income and peace of mind. Both units feature their own washer and dryer, adding convenience for tenants. The property is well-maintained with vinyl siding and updated vinyl windows. Each unit comes with its own 1-car garage, perfect for additional storage or parking. Located in a desirable, clean neighborhood, this duplex offers excellent value for investors or homeowners alike.
Sold for $110,000 on 10/31/24
$110,000
711 2nd Ave SW, Cedar Rapids, IA 52404
--beds
--baths
1,302sqft
Multi Family
Built in 1900
-- sqft lot
$111,900 Zestimate®
$84/sqft
$1,046 Estimated rent
Home value
$111,900
$103,000 - $121,000
$1,046/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 05, 2024 at 07:14am
Listed by:
Jeremy Emmert 319-210-0630,
COLDWELL BANKER HEDGES
Bought with:
Z Maryland
Pinnacle Realty LLC
Source: CRAAR, CDRMLS,MLS#: 2406476
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Basement: Full
Interior area
- Total interior livable area: 1,302 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Deck, Patio
Lot
- Size: 5,619 sqft
- Dimensions: 40 x 140
Details
- Parcel number: 142918400300000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1900
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,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2024 | Sold | $110,000-8.3%$84/sqft |
Source:  CRAAR, CDRMLS #2406476 | ||
| 10/6/2024 | Pending sale | $119,900$92/sqft |
Source: CRAAR, CDRMLS #2406476 | ||
| 10/2/2024 | Price change | $119,900-4.1%$92/sqft |
Source: CRAAR, CDRMLS #2406476 | ||
| 9/19/2024 | Listed for sale | $125,000+127.3%$96/sqft |
Source: CRAAR, CDRMLS #2406476 | ||
| 11/13/2018 | Sold | $55,000-38.2%$42/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,560 -3.6% | $89,800 +1.8% |
| 2023 | $1,618 +1.9% | $88,200 +15% |
| 2022 | $1,588 +10.6% | $76,700 |
Find assessor info on the county website
Neighborhood: Taylor
Nearby schools
GreatSchools rating
- 4/10Taylor Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Wilson Middle SchoolGrades: 6-8Distance: 1.4 mi
- 1/10Thomas Jefferson High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Taylor
- Middle: Wilson
- High: Jefferson
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$111,900
2% more+ $2,238
With Zillow Showcase(estimated)
$114,138