For sale

$179,900

651 40th St SE, Cedar Rapids, IA 52403

4beds

1,680sqft

$1,420/mo

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Single Family Residence

Built in 1959

7,405 Square Feet Lot

$179,000 Zestimate^®

$107/sqft

$-- HOA

What's special

Walk-out lower levelComfortable layoutRecreation roomVersatile living spacesHalf bathTwo well-sized bedroomsStorage shed

Welcome to this inviting home offering a comfortable layout, versatile living spaces, and convenient access to nearby schools and transportation. The main level features a living room, kitchen and dining area with appliances included, and sliding glass doors leading to the deck. Two well-sized bedrooms and a full bathroom complete the main floor, while the upper level offers two additional bedrooms and a half bath. The walk-out lower level includes a recreation room and utility area with a washer, dryer, and utility sink. Outside, enjoy a storage shed and a spacious carport with room for an RV. Recent updates include the roof, water heater, AC, furnace, and carport. Conveniently located near Erskine School and the McKinley bus stop. Property is being sold as-is.

17 hours
293
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Rooms

Room types: Living Room, Recreation

Other

Level: First

Heating

Forced Air, Gas

Cooling

Central Air

Appliances

Included: Dryer, Gas Water Heater, Range, Refrigerator, Washer

Features

Breakfast Bar, Kitchen/Dining Combo, Main Level Primary
Basement: Full,Walk-Out Access

Interior area

Total interior livable area: 1,680 sqft
Finished area above ground: 1,350
Finished area below ground: 330

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Carport, Off Street
Has carport: Yes

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Deck

Lot

Size: 7,405 Square Feet
Dimensions: 7,620

Details

Additional structures: Shed(s)
Parcel number: 142437603500000

Construction

Type & style

Home type: SingleFamily
Architectural style: One and One Half Story
Property subtype: Single Family Residence

Materials

Frame, Vinyl Siding

Condition

New construction: No
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Cedar Rapids

Financial & listing details

Price per square foot: $107/sqft
Tax assessed value: $183,200
Annual tax amount: $2,887
Date on market: 10/22/2026
Listing terms: Cash,Conventional

Estimated market value

$179,000

$170,000 - $188,000

$1,748/mo

Price history

Date	Event	Price
10/22/2026	Listed for sale	$179,900+19.1%$107/sqft
Source: CRAAR, CDRMLS #2607289 Report a problem
11/1/2025	Listing removed	$151,000$90/sqft
Source: CRAAR, CDRMLS #2506336 Report a problem
9/29/2025	Price change	$151,000-5.3%$90/sqft
Source: CRAAR, CDRMLS #2506336 Report a problem
9/16/2025	Price change	$159,500-1.5%$95/sqft
Source: CRAAR, CDRMLS #2506336 Report a problem
8/20/2025	Price change	$162,000-3.6%$96/sqft
Source: CRAAR, CDRMLS #2506336 Report a problem
8/4/2025	Price change	$168,000-3.4%$100/sqft
Source: CRAAR, CDRMLS #2506336 Report a problem
7/21/2025	Listed for sale	$174,000+96.6%$104/sqft
Source: CRAAR, CDRMLS #2506336 Report a problem
6/29/2001	Sold	$88,500$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,682 +5%	$183,200 +6.5%
2024	$2,554 -19%	$172,000 +6.3%
2023	$3,154 +34.9%	$161,800 +2.1%
2022	$2,338 -3.3%	$158,400 +30%
2021	$2,418 +7.8%	$121,800 +3%
2020	$2,244 -4.7%	$118,200 +4.3%
2019	$2,356 +8.5%	$113,300 +3.7%
2018	$2,172 +3%	$109,300 -0.1%
2017	$2,108 -4%	$109,400 +7.7%
2016	$2,196 +11.2%	$101,600 -9.3%
2015	$1,974 -10.2%	$112,005 -2.4%
2014	$2,198 -0.3%	$114,797
2013	$2,204 +13.5%	$114,797
2012	$1,942	$114,797 +5.8%
2011	--	$108,553
2010	$1,792	$108,553 +0.6%
2008	--	$107,895
2007	--	$107,895 +7.5%
2005	--	$100,367 +4.8%
2004	--	$95,797
2003	--	$95,797 +10.3%
2002	--	$86,868 +14%
2001	--	$76,200
2000	--	$76,200