116 15th St Ne, Cedar Rapids, IA 52402

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116 15th St Ne,Cedar Rapids, IA 52402
$229,500
  • - Beds
  • - Baths
  • 3,565 sq. ft.
  • Multi-family
  • Active
Listed by:jeremy trenkamp real estate team
Office:realty87
MLS#:2501372
Source:IA_CRAAR

Price summary

  • Price:$229,500
  • Price per sq. ft.:$64.38

About this home

Loads of potential in this Cedar Rapids multiplex. The main floor offers 2 commercial spaces with an office, store front, storage and a single bathroom each. These units could be converted into residential rental units if needed. 2 main floor commercial units are currently vacant. Upstairs offers 2 separate 3-bedroom, 1-bathroom units. Each unit is fully furnished and furnishings are included. The upstairs units are currently rented by the single room and the units share the kitchen, living space. Current tenants are short-term contracts that can be extended if a new buyer chooses or the units could be rented as 2 separate 3-bedroom units. There are 4 updated HVAC units for each of the 2 commercial spaces and the 2 rental units upstairs. Updates include newer vinyl siding, windows and roof.

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Home facts

  • Year built:1913
  • Listing Id #:2501372
  • Added:163 day(s) ago
  • Updated:July 26, 2025 at 03:03 PM

Rooms and interior

  • Living area:3,565 sq. ft.

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Year built:1913
  • Building area:3,565 sq. ft.
  • Lot area:0.06 Acres

Schools

  • High school:Washington
  • Middle school:Franklin
  • Elementary school:Trailside

Utilities

  • Water:Public

Finances and disclosures

  • Price:$229,500
  • Price per sq. ft.:$64.38
  • Tax amount:$1,927