366 7TH AVE SW, Cedar Rapids, IA 52404
366 7TH AVE SW, Cedar Rapids, IA 52404
366 7TH AVE SW, Cedar Rapids, IA 52404
14
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$160,000
Est. payment /mo
1,352 SqFt
Price Dropped by $15K

366 7TH AVE SW Cedar Rapids, IA 52404

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,352 sqft

Price per Sqft $118

MLS Listing ID 2602134

HOA Y/N No

Total Fin. Sqft 1352

Year Built 1900

Annual Tax Amount $1,910

Lot Size 7,797 Sqft

Acres 0.179

Property Sub-Type Multi Family

Property Description

Discover a compelling investment opportunity with this well-maintained 2-unit multifamily property—ideal for both seasoned investors and those looking to enter the real estate market. This asset offers a strong combination of immediate cash flow potential and long-term appreciation.

Each unit features a functional layout with 2 beds and 1 bath, with updates along the way. The property has been consistently occupied with long term tenants, offering reliable rental income with upside potential through rent optimization.

Location

State IA

County Linn

Area Sw Quadrant

Zoning Res

Rooms

Basement Full, Concrete

Interior

Interior Features InteriorFeatures

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Space(s)

Water Access Desc Public

Total Parking Spaces 3

Garage Yes

Building

Foundation Poured

Sewer Public Sewer

Water Public

Structure Type Frame,Stone

Schools

Elementary Schools Taylor

Middle Schools Wilson

High Schools Jefferson

Others

Pets Allowed Yes

Tax ID 14283-28010-00000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2602134


Listed by Keller Williams Legacy Group

NEARBY SCHOOL & BUSINESS

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Randon Hill

Randon Hill

Agent | License ID: S67555

+1(319) 777-2127

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366 7TH AVE SW