This very nice 5-plex on the desirable northeast side of town has been exceptionally well cared for—no work needed, just move in and start collecting rent! Two of the units feature private decks off the back, offering added appeal to tenants. The property also includes a two-stall garage and ample off-street parking.
Rent rolls are strong, making this a great investment opportunity in a market where multi-family properties like this are hard to find. Don’t miss your chance to own a turnkey building in a great location! Seller is licensed in Iowa
For sale
$210,000
116 17th St NE, Cedar Rapids, IA 52402
--beds
--baths
2,438sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$205,100 Zestimate®
$86/sqft
$-- HOA
What's special
Two-stall garageAmple off-street parking
- 90 days |
- 121 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: October 14, 2025 at 10:20am
Listed by:
Chris Puckett 319-899-4705,
Realty87
Source: CRAAR, CDRMLS,MLS#: 2508114
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsTour with a local agent
Facts & features
Interior
Heating
- Gas, Hot Water
Appliances
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total interior livable area: 2,438 sqft
Property
Parking
- Total spaces: 2
- Parking features: Parking Space(s)
- Has garage: Yes
Lot
- Size: 5,000 Square Feet
- Dimensions: 50 x 100
Details
- Parcel number: 142220101400000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $148,600
- Annual tax amount: $2,692
- Date on market: 9/24/2025
Estimated market value
$205,100
$195,000 - $215,000
$764/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Listed for sale | $210,000$86/sqft |
Source:  CRAAR, CDRMLS #2508114 Report a problem | ||
| 10/31/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/27/2021 | Listed for rent | $475+20.3% |
Source: Zillow Rental Manager Report a problem | ||
| 10/19/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/8/2021 | Listed for rent | $395-16.8% |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,552 +21.9% | $148,600 +3.1% |
| 2023 | $2,094 -13.5% | $144,200 +45.2% |
| 2022 | $2,422 +2.7% | $99,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,165/mo
Principal & interest
$814
Property taxes
$277
Home insurance
$74
Climate risks
Neighborhood: Mound View
Nearby schools
GreatSchools rating
- 5/10Arthur Elementary SchoolGrades: K-5Distance: 1 mi
- 2/10Franklin Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10George Washington High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Trailside
- Middle: Franklin
- High: Washington
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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