3918 21st Avenue Place Sw, Cedar Rapids, IA 52404
Local realty services provided by:Graf Real Estate ERA Powered
Listed by: raymond siddell-360 home team
Office: keller williams legacy group
MLS#:2508876
Source:IA_CRAAR
Price summary
- Price:$292,500
- Price per sq. ft.:$82.16
About this home
Well-maintained 4-unit multifamily property located in SW Cedar Rapids. Each unit offers 2 bedrooms and 1 bathroom in an upper/lower layout. All leases are currently month-to-month. The owner pays water, gas, and a portion of dumpster service; tenants are responsible for electric.
Property improvements include a new boiler, new siding and gutters, two new patio doors, replacement of most windows (all but three), and updated flooring in two of the four units. A coin-operated washer and dryer are available on site for added convenience. This income-producing property presents an excellent opportunity for investors seeking a well-cared-for rental in a low-inventory market.
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Home facts
- Year built:1981
- Listing ID #:2508876
- Added:51 day(s) ago
- Updated:December 18, 2025 at 04:35 PM
Rooms and interior
- Living area:3,560 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Year built:1981
- Building area:3,560 sq. ft.
- Lot area:0.22 Acres
Schools
- High school:Jefferson
- Middle school:Wilson
- Elementary school:Van Buren
Utilities
- Water:Public
Finances and disclosures
- Price:$292,500
- Price per sq. ft.:$82.16
- Tax amount:$4,748
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