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222 5th Avenue Sw, 
Cedar Rapids, IA 52404

$123,000


Bed


Bath


2,274

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Andy Petzold

Epic Property Management

319-981-3242

Last updated:

May 23, 2025, 09:42 PM

MLS#

2503630

Source:

IA CRAAR

About This Home

222 5th Avenue Sw

Unlock the potential of this converted 4-unit building, perfect for first-time investors or owner-occupant landlords looking for a hassle-free rental opportunity. With a layout that maximizes functionality, these charming units create an inviting atmosphere ideal for those seeking affordability and simplicity. The common-area coin laundry adds convenience, ensuring a seamless experience for renters. For those looking to live and invest in one property, this building presents an excellent opportunity to occupy one unit while generating rental income from the others—a smart way to offset expenses while building equity. Tenants pay own electricity, Owner pays for water (sewer & trash), and common electricity. No gas at property. Seller will be completing a 1031 exchange as part of the sale. Please allow 72hr for showing requests.

Home Facts

Multi-Family

Built in 1890

Price Summary

123,000

$54 per Sq. Ft.

MLS #:

2503630

Last Updated:

May 23, 2025, 09:42 PM

Added:

18 day(s) ago


Rooms & Interior

Interior

Living Area:

2,274 Sq. Ft.


Structure

Structure

Year Built:

1890


Lot

Lot Size (Sq. Ft):

8,407


Finances & Disclosures

Finances

Price:

$123,000

Price per Sq. Ft:

$54 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.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.