CASH FLOW! Both parcels being sold as a package deal. 9 units all together. Each unit has been rented for $500/mo for $4,500 gross monthly. Easy to show. 1419 is 4- 1 bedroom units and efficiency in LL. 1427 is 4- 1 bedroom units. Brand new (5) electrical breaker panels in 1419. Some new windows. Both properties have added insulation on exterior. Just passed City Inspections in June 2022 and good for 3 years!
Sold
$205,000
1419 & 1427 2nd Ave SE, Cedar Rapids, IA 52403
--beds
0baths
4,280sqft
Multi Family
Built in 1900
-- sqft lot
$246,800 Zestimate®
$48/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 04, 2023 at 05:53pm
Listed by:
Jeremy Emmert 319-210-0630,
COLDWELL BANKER HEDGES
Bought with:
Jim Snider
Cedar Valley Iowa Realty
Source: CRAAR, CDRMLS,MLS#: 2205626
Originating MLS: Cedar Rapids Area Association Of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Gas
Cooling
- Wall/Window Unit(s)
Interior area
- Total interior livable area: 4,280 sqft
Property
Parking
- Parking features: Parking Space(s)
- Has garage: Yes
Features
- Patio & porch: Deck, Patio
Lot
- Size: 0.32 Acres
- Dimensions: 100 x 140
Details
- Parcel number: 142228301000000, 142228300900000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
Condition
- Year built: 1900
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
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more than others on Zillow
Get a complimentary Zillow Showcase℠ listing and you could sell for .
$246,800
2% more+ $4,936
With Showcase(estimated)
$251,736