720 E Avenue Nw, Cedar Rapids, IA 52405
Local realty services provided by:Graf Real Estate ERA Powered
720 E Avenue Nw,Cedar Rapids, IA 52405
$305,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: chris puckett
Office: realty87
MLS#:2507835
Source:IA_CRAAR
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Price summary
- Price:$305,000
About this home
Investment Opportunity – Triplex + Single Family Package
Located on the NW side near the new casino, this fully rented triplex is an excellent addition to your portfolio. The property offers three unique units: a spacious 2-bedroom with a private back deck, a cozy studio apartment, and a 1-bedroom unit. One unit is currently furnished, adding flexibility for short- or long-term rental strategies.
Additional features include off-street parking with 3 spaces in the rear. This property is being sold together with a single-family home just two doors down, creating a rare opportunity for investors to expand holdings in a strong rental market.
Whether you’re looking to grow your portfolio or step into real estate investing with cash flow from day one, this package is worth a closer look! Seller is licensed in the state of Iowa.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:2507835
- Added:93 day(s) ago
- Updated:December 18, 2025 at 07:33 AM
Heating and cooling
- Heating:Gas
Structure and exterior
- Year built:1900
Schools
- High school:Jefferson
- Middle school:Roosevelt
- Elementary school:Harrison
Utilities
- Water:Public
Finances and disclosures
- Price:$305,000
- Tax amount:$2,410
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