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.
For sale
$165,000
1416/1418 3rd Ave SE, Cedar Rapids, IA 52403
--beds
0baths
2,748sqft
Est.:
Multi Family
Built in 1898
-- sqft lot
$-- Zestimate®
$60/sqft
$-- HOA
What's special
- 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#: 2501792
Originating MLS: Cedar Rapids Area Association Of Realtors

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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