Properties

PROPERTY DETAILS
Property Description :

Investment Opportunity! This well-maintained 4-plex offers a fantastic opportunity for investors seeking steady rental income. Conveniently located in Southeast Cedar Rapids, this property is fully occupied with long-term tenants. The property features three 2 bed/1bath units, and one 1bed/1bath unit. Landlord pays water and gas, tenants pay electricity. New roof installed in 2023 and a new concrete walkway was completed in 2022. Don’t mis this opportunity to own a sold multi-family investment!

Property Type : Residential
Listing ID : 2500262
Listing Type : For Sale
Price : $225,000
Year Built : 1961
Lot Area : 0.13 Acre
Building Area Total : 1680
Lease Amount Unit : Dollars Per Square Foot
Property Type : Multi Family
Area : SE Quadrant
Listing Status : Active
Property Sub Type : Multi Family
Property Subtype : Multi Family
Property Description

Investment Opportunity! This well-maintained 4-plex offers a fantastic opportunity for investors seeking steady rental income. Conveniently located in Southeast Cedar Rapids, this property is fully occupied with long-term tenants. The property features three 2 bed/1bath units, and one 1bed/1bath unit. Landlord pays water and gas, tenants pay electricity. New roof installed in 2023 and a new concrete walkway was completed in 2022. Don’t mis this opportunity to own a sold multi-family investment!

Features
: Parking Space(s)
: Public Sewer
Address Map
US
IA
Linn
Cedar Rapids
52403
5th
1541
Avenue
From First Ave SE, turn south onto 15th St SE, turn east onto 5th Ave SE, building will be on your right.
SE Quadrant
SE
Resident
Neighborhood
Johnson
Washington
Mc Kinley
More Information
Urban Acres Real Estate Corridor
Ross Nusser
$0
$0
$0
Additional Information
: Frame , Aluminum Siding
5600
4
2025-01-14
225
https://www.propertypanorama.com/instaview/cdr/2500262
: Public
Financial
3216.0
Listing Information
NUSSERROSS121
CURB
Cash, Conventional
Active
2025-01-15T14:59:47Z
CDR
2025-01-14T12:16:14Z

1541 5th Avenue Se, Cedar Rapids, Iowa 52403

1541 5th Avenue Se, Cedar Rapids, Iowa 52403

  • Lot Area: 0.13 Acre
List Price: $225,000.00
Listing ID#2500262
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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