Looking for stable cash flow and long-term appreciation in one of the Midwest’s most investor-friendly markets? This turnkey portfolio in Cedar Rapids, IA is the perfect addition to your rental holdings. Whether you're a local investor or an out-of-state buyer looking to expand in the Midwest, this package offers immediate rental income, strong tenant demand, and a market with steady growth. Serious investors, let’s connect! Contact me today for financials, rental breakdowns, and to discuss how these properties can fit into your investment strategy. Sold with MLS 2502222,2502224,2502230,2502217,2501425 are listed as a portfolio for $745K. Subject to 1031 Exchange. Listing agent is related to one of the owners.
For sale
$120,000
1512 7th Ave SE, Cedar Rapids, IA 52403
3beds
1,232sqft
Est.:
Single Family Residence
Built in 1914
5,662.8 Square Feet Lot
$-- Zestimate®
$97/sqft
$-- HOA
What's special
- 25 days
- on Zillow |
- 676 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 10:14am
Listed by:
Marie Hancock 319-654-4658,
Fathom Realty
Source: CRAAR, CDRMLS,MLS#: 2502224
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
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Second
Heating
- Forced Air
Features
- Dining Area, Upper Level Primary
- Has basement: Yes
Interior area
- Total interior livable area: 1,232 sqft
- Finished area above ground: 1,232
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, Off Street
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 5600
Details
- Parcel number: 142237601500000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $31,096
- Annual tax amount: $1,188
- Date on market: 4/1/2025
- Listing terms: Cash,Conventional,See Remarks
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