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For sale
  • $249,900

    116 15th St NE, Cedar Rapids, IA 52402

    --beds
    0baths
    3,565sqft
    : 
    Multi Family
    Built in 1913
    -- sqft lot
    $238,000 Zestimate®
    $70/sqft
    $-- HOA

    What's special

    Living spaceCommercial spacesSingle bathroomStore front
    Loads of potential in this Cedar Rapids multiplex. The main floor offers 2 commercial spaces with an office, store front, storage and a single bathroom each. These units could be converted into residential rental units if needed. 2 main floor commercial units are currently vacant. Upstairs offers 2 separate 3-bedroom, 1-bathroom units. Each unit is fully furnished and furnishings are included. The upstairs units are currently rented by the single room and the units share the kitchen, living space. Current tenants are short-term contracts that can be extended if a new buyer chooses or the units could be rented as 2 separate 3-bedroom units. There are 4 updated HVAC units for each of the 2 commercial spaces and the 2 rental units upstairs. Updates include newer vinyl siding, windows and roof.
    66 days
    on Zillow
    |
    219
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 24, 2025 at 10:53am

    Listed by:

    Jeremy Trenkamp Real Estate Team 319-270-1323,

    COLDWELL BANKER HEDGES CORRIDOR

    Source: CRAAR, CDRMLS,MLS#: 2501372MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 116 15th St NE.

    Next available tour time:Tomorrow at 10:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 3,565 sqft

    Property

    Features
    • Exterior features: Fence
    Lot
    • Size: 2,482.92 Square Feet
    • Dimensions: .057 Acre
    Details
    • Parcel number: 142221301000000
    • Zoning: Comm
    • Zoning description: Comm

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Masonry, Stucco, Vinyl Siding
    Condition
    • Year built: 1913

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate Meters

    Community & HOA

    Community
    • Security: Security System
    HOA
    • Has HOA: No
    Location
    • Region: Cedar Rapids

    Financial & listing details

    • Price per square foot: $70/sqft
    • Tax assessed value: $106,400
    • Annual tax amount: $1,927
    • Date on market: 3/4/2025
    • Listing terms: Cash,Conventional
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