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418 A AVE NW Cedar Rapids, IA 52405
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Key Details
Sold Price $103,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,384 sqft
Price per Sqft $74
MLS Listing ID 2501481
Sold Date 09/03/25
HOA Y/N No
Total Fin. Sqft 1384
Year Built 1890
Annual Tax Amount $2,146
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Multi Family
Property Description
Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!
Location
State IA
County Linn
Area Nw Quadrant
Interior
Interior Features InteriorFeatures
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Laundry Common Area, In Unit
Exterior
Exterior Feature Fence
Utilities Available Separate Meters
Water Access Desc Public
Garage Yes
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Cleveland
Middle Schools Roosevelt
High Schools Jefferson
Others
Pets Allowed Yes
Tax ID 14291-07013-00000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Pets Allowed Yes
Read Less
Bought with Epique Realty
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