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Sold for $160,000 on 10/01/24
  • $160,000

    1211 5th Ave SE, Cedar Rapids, IA 52403

    --beds
    --baths
    1,856sqft
    Multi Family
    Built in 1914
    -- sqft lot
    $161,600 Zestimate®
    $86/sqft
    $904 Estimated rent

    Owner options

    List your home for rent

    $904/mo

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    $904/mo

    Rent Zestimate®

    Refinance and save

    $887/mo

    Est. payment

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    $887/mo

    Est. payment

    What's special

    Creative finance opportunity! Fully rented 4-pex with $2,490 per month in gross rents! This well-maintained Four-plex with 2 studio units and 2 one-bedroom units is an ideal investment opportunity for those looking to enter the market. Located on the SE side of Cedar Rapids, the property offers low maintenance with a newer roof, plus a spacious open backyard. Perfect for a new owner to take over and begin generating income from day one. Seller Financing, Subject to and Lease Option available. Package deal available for 1207 5th Ave Se and 1211 5th Ave SE. Tenant occupied, 48 hours minimum notice for showings, pre approval required for showings on occupied units.

    Zillow last checked: 7 hours ago

    Listing updated: October 02, 2024 at 07:20am

    Listed by:

    Connor Harris 319-855-2212,

    Burrington Real Estate

    Bought with:

    Travis Gaule

    SKOGMAN REALTY

    Source: CRAAR, CDRMLS,MLS#: 2401091MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Heating
    • Forced Air, Gas
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Storage
    Interior area
    • Total interior livable area: 1,856 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 4,200 sqft
    • Dimensions: 30 x 140
    Details
    • Parcel number: 142233400700000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Stone
    Condition
    • Year built: 1914

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Cedar Rapids

    Other

    Other facts
    • Listing terms: Cash,Conventional,Contract
    Sell for more
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $161,600
    2% more+$3,232
    With Zillow Showcase(estimated)$164,832