366 7th Avenue Sw, Cedar Rapids, IA 52404

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366 7th Avenue Sw,Cedar Rapids, IA 52404
$175,000
  • - Beds
  • - Baths
  • 1,352 sq. ft.
  • Multi-family
  • Active
Listed by: kristie freese
Office: keller williams legacy group
MLS#:2602134
Source:IA_CRAAR

Price summary

  • Price:$175,000
  • Price per sq. ft.:$129.44

About this home

Discover a compelling investment opportunity with this well-maintained 2-unit multifamily property—ideal for both seasoned investors and those looking to enter the real estate market. This asset offers a strong combination of immediate cash flow potential and long-term appreciation. Each unit features a functional layout with 2 beds and 1 bath, with updates along the way. The property has been consistently occupied with long term tenants, offering reliable rental income with upside potential through rent optimization.

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Home facts

  • Year built:1900
  • Listing ID #:2602134
  • Added:1 day(s) ago
  • Updated:March 30, 2026 at 03:04 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Concrete, Full
  • Living area:1,352 sq. ft.

Heating and cooling

  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Building area:1,352 sq. ft.
  • Lot area:0.18 Acres
  • Construction Materials:Frame, Stone

Schools

  • High school:Jefferson
  • Middle school:Wilson
  • Elementary school:Taylor

Utilities

  • Water:Public

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$129.44
  • Tax amount:$1,910

Parking

  • Total parking spaces:3
  • Garage:Yes