Investment opportunity in the heart of Cedar Rapids! This income-producing fourplex offers a great addition to your portfolio with strong rental potential and recent updates throughout. The property features three 1-bedroom units and one 2-bedroom unit, providing a desirable mix for tenants. Many improvements have already been completed, including updated flooring, fresh paint, and renovated kitchens that give the units a clean, modern feel. Convenient in-town location close to shopping, restaurants, parks, and major roadways. Whether you are looking to expand your investment portfolio or start investing in multifamily properties, this fourplex offers excellent potential and opportunity.
Sold for $150,000
$150,000
120 17th St NE, Cedar Rapids, IA 52402
--beds
--baths
2,164sqft
Multi Family
Built in 1900
-- sqft lot
$150,100 Zestimate®
$69/sqft
$949 Estimated rent
Home value
$150,100
$143,000 - $158,000
$949/mo
Zestimate® history
Owner options
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$949/mo
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$949/mo
Rent Zestimate®
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$1,051/mo
Est. payment
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$1,051/mo
Est. payment
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List your homeWhat's special
Clean modern feelUpdated flooringRenovated kitchensFresh paint
Zillow last checked:
Listing updated:
Listed by:
Laura Merchan 319-551-8900,
SKOGMAN REALTY
Bought with:
Jerome Edwards
Pinnacle Realty LLC
Source: CRAAR, CDRMLS,MLS#: 2603424
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Gas
Cooling
- Wall/Window Unit(s)
Features
- Basement: Full
Interior area
- Total interior livable area: 2,164 sqft
Property
Lot
- Size: 5,009 sqft
- Dimensions: 50 x 100
Details
- Parcel number: 142220101300000
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
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $150,000-16.7%$69/sqft |
Source:  CRAAR, CDRMLS #2603424 Report a problem | ||
| 5/31/2026 | Pending sale | $180,000$83/sqft |
Source: CRAAR, CDRMLS #2603424 Report a problem | ||
| 5/18/2026 | Listed for sale | $180,000+71.4%$83/sqft |
Source: CRAAR, CDRMLS #2603424 Report a problem | ||
| 1/11/2021 | Sold | $105,000+28%$49/sqft |
Source: CRAAR, CDRMLS #2006058 Report a problem | ||
| 9/16/2016 | Sold | $82,000+80.2%$38/sqft |
Source: Agent Provided Report a problem | ||
| 2/2/2005 | Sold | $45,500$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,678 +23.4% | $137,800 +8.5% |
| 2024 | $2,170 +1.8% | $127,000 +3.6% |
| 2023 | $2,132 -13.5% | $122,600 +21.3% |
| 2022 | $2,466 +2.8% | $101,100 |
| 2021 | $2,400 -5% | $101,100 +11.2% |
| 2020 | $2,526 +28.4% | $90,900 |
| 2019 | $1,968 | $90,900 +31.2% |
| 2018 | $1,968 -4.3% | $69,300 +24.2% |
| 2017 | $2,056 +16.8% | $55,800 |
| 2016 | $1,760 -4.3% | $55,800 -19.8% |
| 2015 | $1,840 -23% | $69,538 +9.4% |
| 2014 | $2,390 | $63,542 |
Find assessor info on the county website
Neighborhood: Mound View
Nearby schools
GreatSchools rating
- NATrailside Elementary SchoolGrades: K-5Distance: 1.1 mi
- 3/10Franklin Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10George Washington High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Trailside
- Middle: Franklin
- High: Washington
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$150,100
2% more
+$3,002
With Zillow Showcase(estimated)
$153,102
- Iowa
- Linn County
- Cedar Rapids
- 52402
- Mound View
- 120 17th St NE
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