1416/1418 3rd AVE SE Active

Cedar Rapids,IA 52403

$ 165000

- Bed

0 Bath

2748 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,748 sqft

Price per Sqft $60

MLS Listing ID 2501792

HOA Y/N No

Total Fin. Sqft 2748

Year Built 1898

Annual Tax Amount $1,994

Lot Size 5,619 Sqft

Acres 0.129

Property Sub-Type Multi Family

Property Description

Welcome to 1416/1418 3rd Ave SE, a rare opportunity to own a charming and income-generating 4-plex in one of Cedar Rapids' most strategic and revitalized locations—close to the thriving MedQuarter district. Whether you're a first-time buyer or looking to offset your mortgage with rental income, this property is a smart move.Featuring two spacious 1-bedroom units and two 2-bedroom units, this home offers flexibility and comfort for an owner-occupant. Live in one unit and let the others help cover your monthly costs—an ideal “house hack” setup. One upper-level unit is currently vacant for easy move-in.Enjoy the convenience of nearby major healthcare employers, downtown amenities, and St. Paul's Church—all just blocks away. Recent updates including a new roof and interior improvements.

Location

State IA

County Linn

Area Se Quadrant

Zoning Res

Rooms

Other Rooms Shed(s)

Basement Crawl Space

Interior

Interior Features Storage

Heating Forced Air,Gas

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Utilities Available Separate Meters

Water Access Desc Public

Garage Yes

Building

Sewer Public Sewer

Water Public

Additional Building Shed(s)

Structure Type Frame,Wood Siding

Schools

Elementary Schools Grant

Middle Schools Mckinley

High Schools Washington

Others

Tax ID 142228301600000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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