2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to show. Unit A (Main Level)- 2 bedrooms, living room, separate dining room, full kitchen, full bath, and access to the back yard and parking spaces. Leased for $1125/mt. Unit B (Upper Level)- 3 bedroom, living room/dining room combo with open floor plan, full bath and extra storage. Leased for $1425/mt. Current Lease agreement for unit A 10/1/2024- 7/26/2025. ***Tenants may be home when showing the property.
For sale
$225,000
1516 C Ave NE #A & B, Cedar Rapids, IA 52402
--beds
--baths
2,295sqft
Est.:
Multi Family, Residential
Built in 1935
-- sqft lot
$219,800 Zestimate®
$98/sqft
$-- HOA
What's special
Extra storageFull kitchenOpen floor planLight fixturesSeparate dining roomNew appliances
- 80 days
- on Zillow |
- 133 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2025 at 03:11pm
Listed by:
Rob McCain 319-621-7653,
Urban Acres Real Estate
Source: Iowa City Area AOR,MLS#: 202501153

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Rooms
- Room types: Living Room
Heating
- Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator, Dryer, Microwave, Washer
- Laundry: In Basement
Features
- Breakfast Area, High Ceilings, Entrance Foyer, Other
- Flooring: Vinyl
- Basement: Block,Full,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,295
- Total interior livable area: 2,295 sqft
- Finished area above ground: 2,295
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Off Street, On Street
Features
- Levels: Two
- Stories: 2
- Exterior features: Other
Lot
- Size: 3,640 Square Feet
- Dimensions: 140 x 26
- Features: Level
Details
- Parcel number: 142222602200000
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Other, Frame
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Playground, Sidewalks, Street Lights, Close To School, Near Shopping
- Security: Smoke Detector(s)
- Subdivision: Coe College
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $98/sqft
- Annual tax amount: $996
- Date on market: 2/18/2025
- Listing terms: Cash,Conventional
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