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For sale
  • $165,000

    1416/1418 3rd Ave SE, Cedar Rapids, IA 52403

    --beds
    0baths
    2,748sqft
    : 
    Multi Family
    Built in 1898
    -- sqft lot
    $-- Zestimate®
    $60/sqft
    $-- HOA

    What's special

    Cindy Guckenberger Broker/ Owner Cell: 319.210.3533 Key Realty 4403 1st Av SE, #503 Cedar Rapids, IA, 52402 Fax: 319.200.3600 www.KEYIOWA.com A licensed real estate broker in the state of Iowa signatureImage From: Cindy Guckenberger <cindy@keyiowa.com> Sent: Monday, May 5, 2025 9:29 PM To: Cindy Guckenberger <cindy@keyiowa.com> Subject: 3rd narrative Live in the Heart of Cedar Rapids’ MedQuarter – House Hack this Updated 4-Plex! Welcome to 1416/1418 3rd Ave SE, a rare opportunity to own a charming and income-generating 4-plex in one of Cedar Rapids’ most strategic and revitalized locations—close to the thriving MedQuarter district. Whether you’re a first-time buyer or looking to offset your mortgage with rental income, this property is a smart move.Featuring two spacious 1-bedroom units and two 2-bedroom units, this home offers flexibility and comfort for an owner-occupant. Live in one unit and let the others help cover your monthly costs—an ideal “house hack” setup. One upper-level unit is currently vacant for easy move-in.Enjoy the convenience of nearby major healthcare employers, downtown amenities, and St. Paul’s Church—all just blocks away. Recent updates including a new roof and interior improvements.
    49 days
    on Zillow
    |
    163
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: 7 hours ago

    Listed by:

    Cindy Guckenberger 319-210-3533,

    Key Realty

    Source: CRAAR, CDRMLS,MLS#: 2501792MLS 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 1416/1418 3rd Ave SE.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air, Gas
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Storage
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 2,748 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Lot
    • Size: 5,619.24 Square Feet
    • Dimensions: 5600
    Details
    • Additional structures: Shed(s)
    • Parcel number: 142228301600000
    • Zoning: Res
    • Zoning description: Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Wood Siding
    Condition
    • Year built: 1898

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Cedar Rapids

    Financial & listing details

    • Price per square foot: $60/sqft
    • Annual tax amount: $1,994
    • Date on market: 3/17/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity
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