Looking for stable cash flow and long-term appreciation in one of the Midwest’s most investor-friendly markets? This turnkey portfolio in Cedar Rapids, IA is the perfect addition to your rental holdings. Whether you're a local investor or an out-of-state buyer looking to expand in the Midwest, this package offers immediate rental income, strong tenant demand, and a market with steady growth. Serious investors, let’s connect! Contact me today for financials, rental breakdowns, and to discuss how these properties can fit into your investment strategy. Sold with MLS 2502222,2502224,2502230,2502217,2501425 are listed as a portfolio for $745K. Subject to 1031 Exchange. Listing agent is related to one of the owners.
Sold for $92,500 on 05/28/25
$92,500
938 18th Ave SW, Cedar Rapids, IA 52404
2beds
760sqft
Single Family Residence
Built in 1930
5,662.8 Square Feet Lot
$93,700 Zestimate®
$122/sqft
$982 Estimated rent
Home value
$93,700
$87,000 - $100,000
$982/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 05, 2025 at 08:18am
Listed by:
Marie Hancock 319-654-4658,
Fathom Realty
Bought with:
Marie Hancock
Fathom Realty
Source: CRAAR, CDRMLS,MLS#: 2502217
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: First
Heating
- Forced Air
Appliances
- Included: Gas Water Heater, Range, Refrigerator
Features
- Main Level Primary
- Basement: Full
Interior area
- Total interior livable area: 760 sqft
- Finished area above ground: 760
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Lot
- Size: 5,662 sqft
- Dimensions: 5600
Details
- Parcel number: 143213201300000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame,Raised Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cedar Rapids
Other
Other facts
- Listing terms: Conventional,See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $92,500+2.8%$122/sqft |
Source:  CRAAR, CDRMLS #2502217 | ||
| 4/30/2025 | Pending sale | $90,000$118/sqft |
Source: CRAAR, CDRMLS #2502217 | ||
| 4/1/2025 | Listed for sale | $90,000+69.8%$118/sqft |
Source: CRAAR, CDRMLS #2502217 | ||
| 8/9/2014 | Listing removed | $53,000$70/sqft |
Source: eflatfeerealty #1403903 | ||
| 6/20/2014 | Listed for sale | $53,000+1%$70/sqft |
Source: eflatfeerealty #1403903 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,406 -8.5% | $79,400 |
| 2023 | $1,536 +13.8% | $79,400 +9.1% |
| 2022 | $1,350 -3.3% | $72,800 +11.7% |
Find assessor info on the county website
Neighborhood: 52404
Nearby schools
GreatSchools rating
- 2/10Wilson Elementary SchoolGrades: K-5Distance: 1.1 mi
- 2/10Wilson Middle SchoolGrades: 6-8Distance: 0.9 mi
- 1/10Thomas Jefferson High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Wilson
- 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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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$93,700
2% more+ $1,874
With Zillow Showcase(estimated)
$95,574