222 5th Avenue Sw, Cedar Rapids, IA 52404

Local realty services provided by:Graf Real Estate ERA Powered
222 5th Avenue Sw,Cedar Rapids, IA 52404
$123,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,274 sq. ft.
  • Multi-family
  • Pending
Listed by: andy petzold
Office: epic property management
MLS#:2503630
Source:IA_CRAAR

Price summary

  • Price:$123,000
  • Price per sq. ft.:$54.09

About this home

Unlock the potential of this converted 4-unit building, perfect for first-time investors or owner-occupant landlords looking for a hassle-free rental opportunity. With a layout that maximizes functionality, these charming units create an inviting atmosphere ideal for those seeking affordability and simplicity. The common-area coin laundry adds convenience, ensuring a seamless experience for renters. For those looking to live and invest in one property, this building presents an excellent opportunity to occupy one unit while generating rental income from the others—a smart way to offset expenses while building equity. Tenants pay own electricity, Owner pays for water (sewer & trash), and common electricity. No gas at property. Seller will be completing a 1031 exchange as part of the sale. Please allow 72hr for showing requests.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1890
  • Listing ID #:2503630
  • Added:211 day(s) ago
  • Updated:December 19, 2025 at 08:16 AM

Rooms and interior

  • Living area:2,274 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1890
  • Building area:2,274 sq. ft.
  • Lot area:0.19 Acres

Schools

  • High school:Jefferson
  • Middle school:Wilson
  • Elementary school:Cedar River Academy

Utilities

  • Water:Public

Finances and disclosures

  • Price:$123,000
  • Price per sq. ft.:$54.09
  • Tax amount:$2,354

New listings near 222 5th Avenue Sw