Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!
Sold for $103,000 on 09/03/25
$103,000
418 A Ave NW, Cedar Rapids, IA 52405
--beds
--baths
1,384sqft
Multi Family
Built in 1890
-- sqft lot
$103,000 Zestimate®
$74/sqft
$1,155 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 08, 2025 at 10:02am
Listed by:
Mark Christianson 319-329-5770,
Keller Williams Legacy Group
Bought with:
Anthony Lueken
Epique Realty
Source: CRAAR, CDRMLS,MLS#: 2501481
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Laundry: Common Area, In Unit
Interior area
- Total interior livable area: 1,384 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Exterior features: Fence
Lot
- Size: 8,712 sqft
- Dimensions: 40' x 140'
Details
- Parcel number: 142910701300000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Block
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Cedar Rapids
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$103,000
2% more+$2,060
With Zillow Showcase(estimated)$105,060