329 on 12th is a Mixed-Use Investment opportunity located in the heart of the NewBo District in Cedar Rapids, Iowa. Built in 2017, this Class A Investment property consists of 20 market-rate residential apartment units and 9,398 SF of fully leased Commercial Office space. For more information about 329 on 12th or to schedule a showing, contact listing broker only. Confidentiality Agreement required to view the Offering Memorandum, contact listing broker.
For sale
Price cut: $300K (3/31)
$5,800,000
329 12th Ave SE, Cedar Rapids, IA 52401
--beds
1baths
34,290sqft
Est.:
Multi Family, Residential
Built in 2017
-- sqft lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
- 156 days
- on Zillow |
- 365 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2025 at 04:24pm
Listed by:
Craig Byers 319-360-7017,
Q4 Real Estate
Source: Iowa City Area AOR,MLS#: 202406586

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Rooms
- Room types: Family Room, Living Room, Primary Bath
Heating
- Electric, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator, Dryer, Microwave, Washer
- Laundry: Main Level
Features
- Breakfast Bar, Elevator, Zero Step Entry
- Flooring: Carpet, Concrete, Vinyl
- Basement: See Remarks
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 34,290
- Total interior livable area: 34,290 sqft
- Finished area above ground: 22,860
- Finished area below ground: 11,430
Property
Parking
- Total spaces: 1
- Parking features: Off Street
- Has attached garage: Yes
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Balcony
Lot
- Size: 1.16 Acres
- Dimensions: 1.16
- Features: One To Two Acres, Level
Details
- Parcel number: 142732702401000 Multiple
- Zoning: Residential and Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Vinyl, Wood, Brick, Frame, Masonry
Condition
- Year built: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pet Policy, Security, Sidewalks, Street Lights, Near Shopping, Near Public Transport
- Security: Smoke Detector(s)
- Subdivision: SE Quadrant
HOA
- Has HOA: Yes
- Services included: Insurance, Exterior Maintenance, Trash, Maintenance Grounds, Heating And Cooling, Pest Control, Security, Sewer, Water, Other
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $224,400
- Annual tax amount: $45,982
- Date on market: 12/4/2024
- Listing terms: 1031 Exchange,Cash
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