Properties

PROPERTY DETAILS
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!

Property Type : Residential
Listing ID : 2501481
Listing Type : For Sale
Price : $115,000
Year Built : 1890
Lot Area : 0.20 Acre
Building Area Total : 1384
Lease Amount Unit : Dollars Per Square Foot
Property Type : Multi Family
Area : NW Quadrant
Listing Status : Active
Property Sub Type : Multi Family
Property Subtype : 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!

Features
: Fence
: Common Area , In Unit
: Public Sewer
: Separate Meters
Address Map
US
IA
Linn
Cedar Rapids
52405
A
418
Avenue
!st Ave NW, turn right on 5th St NW, turn right on A Ave NW.
NW Quadrant
NW
Neighborhood
Cleveland
Jefferson
Roosevelt
More Information
Keller Williams Legacy Group
Mark Christianson
$0
$0
$0
Additional Information
: Frame , Vinyl Siding
: Block
40'x140'
2
2025-03-07
120000
https://www.propertypanorama.com/instaview/cdr/2501481
: Public
Financial
2146.0
Listing Information
CHRISTIANSO121
CKWLG02
Cash, Conventional
Active
2025-05-12T15:07:22Z
CDR
2025-03-08T11:32:47Z

418 A Avenue Nw, Cedar Rapids, Iowa 52405

418 A Avenue Nw, Cedar Rapids, Iowa 52405

  • Lot Area: 0.20 Acre
List Price: $115,000.00
Listing ID#2501481
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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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