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  • $225,000

    1541 5th Ave SE, Cedar Rapids, IA 52403

    --beds
    0baths
    1,680sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $225,000 Zestimate®
    $134/sqft
    $-- HOA

    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

    Bedrooms & bathrooms
    • Bathrooms: 0
    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
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more than others on Zillow

    Get a complimentary Zillow Showcase℠ listing and you could sell for .

    $225,000
    2% more+ $4,500
    With Showcase(estimated)
    $229,500