120 32nd Street Ne, Cedar Rapids, IA 52402
Local realty services provided by:Graf Real Estate ERA Powered
Listed by: matthew lepic
Office: lepic-kroeger, realtors
MLS#:2509552
Source:IA_CRAAR
Price summary
- Price:$1,375,000
- Price per sq. ft.:$103.79
About this home
**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access. 2 units rents were doubled by furnishing them and renting short term. Each unit has its own furnace and AC. Tenants pay RUBs each month towards water. 48 Hours' Notice to Show.
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Home facts
- Year built:1970
- Listing ID #:2509552
- Added:1 day(s) ago
- Updated:November 25, 2025 at 11:14 AM
Rooms and interior
- Living area:13,248 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1970
- Building area:13,248 sq. ft.
- Lot area:0.53 Acres
Schools
- High school:Washington
- Middle school:Franklin
- Elementary school:Kenwood
Utilities
- Water:Public
Finances and disclosures
- Price:$1,375,000
- Price per sq. ft.:$103.79
- Tax amount:$11,294
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