Skip main navigation
Sold for $225,000 on 03/28/25
  • $225,000

    1541 5th Ave SE, Cedar Rapids, IA 52403

    --beds
    --baths
    1,680sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $226,400 Zestimate®
    $134/sqft
    $1,056 Estimated rent

    Owner options

    List your home for rent

    $1,056/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,056/mo

    Rent Zestimate®

    Refinance and save

    $1,247/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,247/mo

    Est. payment

    What's special

    Investment Opportunity! This well-maintained 4-plex offers a fantastic opportunity for investors seeking steady rental income. Conveniently located in Southeast Cedar Rapids, this property is fully occupied with long-term tenants. The property features three 2 bed/1bath units, and one 1bed/1bath unit. Landlord pays water and gas, tenants pay electricity. New roof installed in 2023 and a new concrete walkway was completed in 2022. Don't mis this opportunity to own a sold multi-family investment!

    Zillow last checked: 7 hours ago

    Listing updated: March 28, 2025 at 11:14am

    Listed by:

    Ross Nusser 319-331-5206,

    Urban Acres Real Estate Corridor

    Bought with:

    Tyler Colling

    SKOGMAN REALTY

    Source: CRAAR, CDRMLS,MLS#: 2500262MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Heating
    • Hot Water
    Interior area
    • Total interior livable area: 1,680 sqft

    Property

    Parking
    • Parking features: Parking Space(s)
    Lot
    • Size: 5,619 sqft
    • Dimensions: 5600
    Details
    • Parcel number: 142230500600000
    • Zoning: Resident
    • Zoning description: Resident

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Frame
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cedar Rapids

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell for more
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $226,400
    2% more+$4,528
    With Zillow Showcase(estimated)$230,928