702 9th St Sw, Cedar Rapids, IA 52404
Local realty services provided by:Graf Real Estate ERA Powered
702 9th St Sw,Cedar Rapids, IA 52404
$199,000
- - Beds
- - Baths
- 2,303 sq. ft.
- Multi-family
- Pending
Listed by:jeremy trenkamp real estate team
Office:realty87
MLS#:2504710
Source:IA_CRAAR
Price summary
- Price:$199,000
- Price per sq. ft.:$86.41
About this home
Turnkey Triplex–Fully Renovated and Ready for Cash Flow! Don't miss this exceptional investment opportunity on the quiet SW side of Cedar Rapids! Clean and fully updated its ready for a new owner to start collecting income immediately. Recent renovations within the last 6 years include: new roof, siding, windows, paint, flooring, full kitchen and bathroom remodels, and updated mechanicals—all separated for tenant convenience. Each unit has its own electric meter, while the owner covers water. The building is currently vacant, allowing for easy showings and flexibility for owner-occupants or new tenant placements. Rental History: (2) One-bedroom units previously rented at $675 and $715 (1) Three-bedroom upper unit previously rented at $1,040The property also features alley access, a detached garage, and low-maintenance exterior. This is a perfect addition to your rental portfolio or a great start for a first-time investor!
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Home facts
- Year built:1905
- Listing Id #:2504710
- Added:50 day(s) ago
- Updated:July 26, 2025 at 07:13 AM
Rooms and interior
- Living area:2,303 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Year built:1905
- Building area:2,303 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:Jefferson
- Middle school:Wilson
- Elementary school:Cedar River Academy
Utilities
- Water:Public
Finances and disclosures
- Price:$199,000
- Price per sq. ft.:$86.41
- Tax amount:$2,880
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