1249 3rd Ave Se, Cedar Rapids, IA 52403

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1249 3rd Ave Se,Cedar Rapids, IA 52403
$185,000
  • - Beds
  • - Baths
  • 2,776 sq. ft.
  • Multi-family
  • Active
Listed by:beth mackey
Office:realty87
MLS#:2503728
Source:IA_CRAAR

Price summary

  • Price:$185,000
  • Price per sq. ft.:$66.64

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:126 day(s) ago
  • Updated:September 11, 2025 at 03:18 PM

Rooms and interior

  • Living area:2,776 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1900
  • Building area:2,776 sq. ft.
  • Lot area:0.13 Acres

Schools

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

Utilities

  • Water:Public

Finances and disclosures

  • Price:$185,000
  • Price per sq. ft.:$66.64
  • Tax amount:$1,820

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