418 A Avenue Nw, Cedar Rapids, IA 52405

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418 A Avenue Nw,Cedar Rapids, IA 52405
$115,000
  • - Beds
  • - Baths
  • 1,384 sq. ft.
  • Multi-family
  • Pending
Listed by:mark christianson
Office:keller williams legacy group
MLS#:2501481
Source:IA_CRAAR

Price summary

  • Price:$115,000
  • Price per sq. ft.:$83.09

About this home

Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!

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Home facts

  • Year built:1890
  • Listing Id #:2501481
  • Added:159 day(s) ago
  • Updated:August 08, 2025 at 02:43 AM

Rooms and interior

  • Living area:1,384 sq. ft.

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Year built:1890
  • Building area:1,384 sq. ft.
  • Lot area:0.2 Acres

Schools

  • High school:Jefferson
  • Middle school:Roosevelt
  • Elementary school:Cleveland

Utilities

  • Water:Public

Finances and disclosures

  • Price:$115,000
  • Price per sq. ft.:$83.09
  • Tax amount:$2,146