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. Not selling the properties separately***
For sale
Price cut: $258K (4/1)
$240,000
1912 A Ave Ne, Cedar Rapids, IA 52402
--beds
0baths
3,240sqft
Est.:
Multi Family
Built in 1967
-- sqft lot
$233,800 Zestimate®
$74/sqft
$-- HOA
What's special
- 25 days
- on Zillow |
- 421 |
- 21 |
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#: 2502230
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
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total interior livable area: 3,240 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Parking Space(s)
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 7250
Details
- Parcel number: 141545101600000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1967
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: $74/sqft
- Tax assessed value: $90,276
- Annual tax amount: $3,448
- Date on market: 4/1/2025
- Listing terms: Cash,Conventional,See Remarks
- Tenant pays: Electricity, Gas
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