1249 3rd Ave Se, Cedar Rapids, IA 52403

Cedar Rapids
Local realty services provided by:Graf Real Estate ERA Powered
1249 3rd Ave Se,Cedar Rapids, IA 52403
$150,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: beth mackey
Office: realty87
MLS#:2503728
Source:IA_CRAAR

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Price summary

  • Price:$150,000

About this home

This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.

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Home facts

  • Year built:1900
  • Listing ID #:2503728
  • Added:309 day(s) ago
  • Updated:March 27, 2026 at 07:44 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1900
  • Construction Materials:Frame

Schools

  • High school:Washington
  • Middle school:McKinley
  • Elementary school:Johnson

Utilities

  • Water:Public

Finances and disclosures

  • Price:$150,000
  • Tax amount:$1,820

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