Great Cash Flow Investment Opportunity for the price - Upper and Lower Unit- Each unit with two bedrooms with 1 bath. Main/lower level unit can utilize the basement for additional storage. 1 year old furnace. New Window Air for each unit. Only the upper level is rented currently for $700.00 per month. Lower level Tenant just vacated the property first week of May. Lower level unit was rented for $1,000 per month. Property Sold AS IS CONDITION. Any inspections are for buyers knowledge only. Tenants pays electricity. Landlord pays for gas & water. Need 24 hr notice for all showing request please.
Sold for $65,000
$65,000
1401 Bever Ave SE, Cedar Rapids, IA 52403
--beds
--baths
1,561sqft
Multi Family
Built in 1905
-- sqft lot
$118,900 Zestimate®
$42/sqft
$893 Estimated rent
Home value
$118,900
$83,000 - $158,000
$893/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Warren Engelbart 319-981-1200,
REAL ESTATE AMERICA, INC.
Bought with:
Travis Gaule
SKOGMAN REALTY
Source: CRAAR, CDRMLS,MLS#: 2403540
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: 1,561 sqft
Property
Lot
- Size: 2,395 Square Feet
- Dimensions: .055 Acre
Details
- Parcel number: 142230201400000
- Zoning: Res
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Frame
- Foundation: Block
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $50,400
- Annual tax amount: $882
- Date on market: 5/22/2024
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2024 | Sold | $65,000+8.3%$42/sqft |
Source:  CRAAR, CDRMLS #2403540 Report a problem | ||
| 6/2/2024 | Pending sale | $60,000$38/sqft |
Source: CRAAR, CDRMLS #2403540 Report a problem | ||
| 5/22/2024 | Listed for sale | $60,000-14.3%$38/sqft |
Source: CRAAR, CDRMLS #2403540 Report a problem | ||
| 3/21/2024 | Listing removed | -- |
Source: CRAAR, CDRMLS #2306317 Report a problem | ||
| 12/14/2023 | Price change | $70,000-12.5%$45/sqft |
Source: CRAAR, CDRMLS #2306317 Report a problem | ||
| 10/31/2023 | Price change | $80,000-11.1%$51/sqft |
Source: CRAAR, CDRMLS #2306317 Report a problem | ||
| 10/16/2023 | Price change | $90,000-14.3%$58/sqft |
Source: CRAAR, CDRMLS #2306317 Report a problem | ||
| 9/26/2023 | Listed for sale | $105,000+200%$67/sqft |
Source: CRAAR, CDRMLS #2306317 Report a problem | ||
| 1/4/2023 | Sold | $35,000$22/sqft |
Source: CRAAR, CDRMLS #2210238 Report a problem | ||
| 12/14/2022 | Pending sale | $35,000$22/sqft |
Source: CRAAR, CDRMLS #2210238 Report a problem | ||
| 12/14/2022 | Listed for sale | $35,000+94.4%$22/sqft |
Source: CRAAR, CDRMLS #2210238 Report a problem | ||
| 11/14/2017 | Sold | $18,000$12/sqft |
Source: Public Record Report a problem | ||
| 11/17/2010 | Sold | $18,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $892 -2.3% | $50,400 +2.2% |
| 2024 | $913 +7.9% | $49,300 +15.5% |
| 2023 | $846 +15.3% | $42,700 +6.5% |
| 2022 | $734 -4.9% | $40,100 +13.3% |
| 2021 | $772 +7.5% | $35,400 +1.1% |
| 2020 | $718 -0.3% | $35,000 +4.8% |
| 2019 | $720 | $33,400 |
| 2018 | $720 +2.9% | $33,400 +6% |
| 2017 | $700 +2% | $31,500 |
| 2016 | $686 +2.4% | $31,500 -14.1% |
| 2015 | $670 -14.1% | $36,652 |
| 2014 | $780 +2.1% | $36,652 |
| 2013 | $764 -21.6% | $36,652 -27.8% |
| 2012 | $974 | $50,750 |
| 2011 | -- | $50,750 |
| 2010 | $942 | $50,750 -4.7% |
| 2008 | -- | $53,250 |
| 2007 | -- | $53,250 +17.5% |
| 2005 | -- | $45,325 +35% |
| 2004 | -- | $33,578 |
| 2003 | -- | $33,578 +11.2% |
| 2002 | -- | $30,199 +14% |
| 2001 | -- | $26,490 |
| 2000 | -- | $26,490 |
Find assessor info on the county website
Neighborhood: Wellington Heights
Nearby homes
- $--2 bd1 ba850 sqft1401 Bever Ave SE #1, Cedar Rapids, IA 52403Off Market
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- $117,4004 bd1 ba1.4k sqft324 14th St SE, Cedar Rapids, IA 52403Off Market
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- $150,000-- bd-- ba2.1k sqft1409 Bever Ave SE, Cedar Rapids, IA 52403Sold
- $--1 bd1 ba1.2k sqft1409 Bever Ave SE APT 3, Cedar Rapids, IA 52403Off Market
- $--2 bd1 ba1.1k sqft1409 Bever Ave SE APT 1, Cedar Rapids, IA 52403Off Market
Nearby schools
GreatSchools rating
- 2/10Johnson STEAM Academy SchoolGrades: K-5Distance: 0.4 mi
- 3/10McKinley STEAM AcademyGrades: 6-8Distance: 0.4 mi
- 4/10George Washington High SchoolGrades: 9-12Distance: 1.4 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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$118,900
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- Iowa
- Linn County
- Cedar Rapids
- 52403
- Wellington Heights
- 1401 Bever Ave SE
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