Very well priced Fully rented Mixed Use multifamily and commercial space building for sale. Right down the road from Kingston Yard Development, 508 3rd contains 5 1Bed multifamily units with a commercial space facing 3rd Ave. Although this property will have some maintenance/rehab as any... It has both long term and short term investment benefits many will notice.
Sold for $121,000 on 02/24/25
$121,000
508 3rd Ave SW, Cedar Rapids, IA 52404
--beds
--baths
1,591sqft
Multi Family
Built in 1900
-- sqft lot
$121,900 Zestimate®
$76/sqft
$874 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: February 24, 2025 at 01:38pm
Listed by:
Jack Brundell 319-432-2878,
GLD COMMERCIAL
Bought with:
Jack Brundell
GLD COMMERCIAL
Source: CRAAR, CDRMLS,MLS#: 2408263
Originating MLS: Cedar Rapids Area Association Of Realtors

Facts & features
Interior
Appliances
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total interior livable area: 1,591 sqft
Property
Parking
- Parking features: Parking Space(s)
Lot
- Size: 4,181 sqft
- Dimensions: 30 x 140
Details
- Parcel number: 142917901200000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1900
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 .
$121,900
2% more+$2,438
With Zillow Showcase(estimated)$124,338