Creative finance opportunity! Fully rented duplex with gross rents of $1900 per month. This recently updated duplex presents a promising investment opportunity with fresh paint and updated LPV flooring in both units.
Seller Financing, subject to and Lease Option available for a qualified buyer reach out for further information on terms. Package deal available for 1207 5th Ave Se and 1211 5th Ave SE. Tenant occupied, 48 hours minimum notice for showings, pre approval required for showings on occupied units.
Sold for $80,000
$80,000
1207 5th Ave SE, Cedar Rapids, IA 52403
--beds
--baths
1,813sqft
Multi Family
Built in 1900
-- sqft lot
$174,100 Zestimate®
$44/sqft
$1,027 Estimated rent
Home value
$174,100
$134,000 - $216,000
$1,027/mo
Zestimate® history
Owner options
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$441/mo
Est. payment
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$441/mo
Est. payment
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List your homeWhat's special
Updated duplexFresh paint
Zillow last checked:
Listing updated:
Listed by:
Connor Harris 319-213-1162,
Burrington Real Estate
Bought with:
Travis Gaule
SKOGMAN REALTY
Source: CRAAR, CDRMLS,MLS#: 2401090
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Forced Air, Gas
Cooling
- Wall/Window Unit(s)
Features
- Basement: Full
Interior area
- Total interior livable area: 1,813 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Lot
- Size: 4,200 Square Feet
- Dimensions: 30 x 140
Details
- Parcel number: 142233400800000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stone
Condition
- Year built: 1900
Utilities & green energy
- Utilities for property: Separate Meters
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $44/sqft
- Tax assessed value: $84,700
- Annual tax amount: $1,134
- Date on market: 2/17/2024
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/1/2024 | Sold | $80,000-31.6%$44/sqft |
Source:  CRAAR, CDRMLS #2401090 Report a problem | ||
| 7/18/2024 | Price change | $116,900-5%$64/sqft |
Source: CRAAR, CDRMLS #2401090 Report a problem | ||
| 5/21/2024 | Price change | $123,000-7.2%$68/sqft |
Source: CRAAR, CDRMLS #2401090 Report a problem | ||
| 3/23/2024 | Price change | $132,500-5.3%$73/sqft |
Source: CRAAR, CDRMLS #2401090 Report a problem | ||
| 3/11/2024 | Listed for sale | $139,900$77/sqft |
Source: CRAAR, CDRMLS #2401090 Report a problem | ||
| 2/26/2024 | Pending sale | $139,900$77/sqft |
Source: CRAAR, CDRMLS #2401090 Report a problem | ||
| 2/17/2024 | Listed for sale | $139,900+81.7%$77/sqft |
Source: CRAAR, CDRMLS #2401090 Report a problem | ||
| 1/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/4/2024 | Listed for rent | $975+34.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/27/2021 | Sold | $77,000-9.3%$42/sqft |
Source: CRAAR, CDRMLS #2101615 Report a problem | ||
| 4/21/2021 | Pending sale | $84,900$47/sqft |
Source: CRAAR, CDRMLS #2101615 Report a problem | ||
| 4/8/2021 | Price change | $84,900-4.6%$47/sqft |
Source: CRAAR, CDRMLS #2101615 Report a problem | ||
| 4/1/2021 | Price change | $89,000-9.2%$49/sqft |
Source: CRAAR, CDRMLS #2101615 Report a problem | ||
| 3/22/2021 | Listed for sale | $98,000$54/sqft |
Source: CRAAR, CDRMLS #2101615 Report a problem | ||
| 10/1/2020 | Listing removed | $98,000$54/sqft |
Source: COLDWELL BANKER HEDGES CORRIDOR #2003941 Report a problem | ||
| 4/25/2020 | Listed for sale | $98,000+19.5%$54/sqft |
Source: Owner Report a problem | ||
| 3/4/2019 | Listing removed | $725 |
Source: Owner Report a problem | ||
| 2/18/2019 | Listed for rent | $725 |
Source: Owner Report a problem | ||
| 5/31/2018 | Sold | $82,000+2.6%$45/sqft |
Source: CRAAR, CDRMLS #1800065 Report a problem | ||
| 2/23/2018 | Price change | $79,900-5.9%$44/sqft |
Source: FUSION REALTORS #1800065 Report a problem | ||
| 1/3/2018 | Listed for sale | $84,900+485.5%$47/sqft |
Source: FUSION REALTORS #1800065 Report a problem | ||
| 3/15/2005 | Sold | $14,500$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,049 +82.6% | $84,700 -3.2% |
| 2024 | $1,122 -38.8% | $87,500 +38% |
| 2023 | $1,834 +58.1% | $63,400 +13.2% |
| 2022 | $1,160 -8.9% | $56,000 |
| 2021 | $1,274 +11.6% | $56,000 -2.9% |
| 2020 | $1,142 -9.8% | $57,700 +8.5% |
| 2019 | $1,266 | $53,200 -9.4% |
| 2018 | $1,266 +2.9% | $58,700 +9.7% |
| 2017 | $1,230 +5.5% | $53,500 |
| 2016 | $1,166 +2.5% | $53,500 -0.7% |
| 2015 | $1,138 -0.7% | $53,897 |
| 2014 | $1,146 +2.1% | $53,897 |
| 2013 | $1,122 +8.3% | $53,897 |
| 2012 | $1,036 | $53,897 |
| 2011 | -- | $53,897 |
| 2010 | $934 | $53,897 +2% |
| 2008 | -- | $52,815 0% |
| 2007 | -- | $52,816 -8.7% |
| 2005 | -- | $57,851 +48.7% |
| 2004 | -- | $38,900 |
| 2003 | -- | $38,900 +11.6% |
| 2002 | -- | $34,850 +14% |
| 2001 | -- | $30,570 |
| 2000 | -- | $30,570 |
Find assessor info on the county website
Neighborhood: Wellington Heights
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Nearby schools
GreatSchools rating
- 2/10Johnson STEAM Academy SchoolGrades: K-5Distance: 0.5 mi
- 3/10McKinley STEAM AcademyGrades: 6-8Distance: 0.2 mi
- 4/10George Washington High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Johnson
- Middle: McKinley
- 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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$174,100
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- Iowa
- Linn County
- Cedar Rapids
- 52403
- Wellington Heights
- 1207 5th Ave SE
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