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Property view

1507 2nd Se, 
Cedar Rapids, IA 52403

$100,000

—

Bed

—

Bath

3,641

Sq Ft

Multi-Family

Sold

Listed by

Z Maryland

Bought with Keller Williams Legacy Group

Pinnacle Realty LLC.

319-393-0900

MLS#

2403311

Source:

IA CRAAR

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About This Home

1507 2nd Se

Investor Alert! Prime investment opportunity at 1507 2nd Ave SE, Cedar Rapids. This fully occupied multi-unit property features five units (3 efficiency and 3 one-bedroom), with a total of 3,641 sq ft. Gross income is $42,000 with $11,000 in expenses, resulting in a net operating income of $31,000. Showings for pre-approved buyers only with 48-hour notice. Schedule your viewing today!

Home Facts

Multi-Family

Built in 1900

Price Summary

128,000

$35 per Sq. Ft.

MLS #:

2403311

Sold:

September 30, 2024

Rooms & Interior

Interior

Living Area:

3,641 Sq. Ft.

Structure

Structure

Year Built:

1900

Lot

Lot Size (Sq. Ft):

8,407

Finances & Disclosures

Finances

Price:

$128,000

Price per Sq. Ft:

$35 per Sq. Ft.

Source:IA CRAAR
The information being provided by Cedar Rapids Area Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Cedar Rapids Area Association of Realtors All rights reserved.