Spacious three plex located in SE Cedar Rapids that is fully occupied and brings in $2,048/mo in rents! This building recently underwent extensive renovations that includes siding, updated flooring in units, paint, lighting, and some updated windows on main floor. Tenants pay gas and electric. Owner pays sewer, water, and trash.
Unit 1 rents for $750/mo. Unit 2 rents for $599/mo. Unit 3 rents for $699/mo.
Sold for $150,000
$150,000
1409 Bever Ave SE, Cedar Rapids, IA 52403
--beds
--baths
2,158sqft
Multi Family
Built in 1895
-- sqft lot
$167,300 Zestimate®
$70/sqft
$1,075 Estimated rent
Home value
$167,300
$154,000 - $182,000
$1,075/mo
Zestimate® history
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$827/mo
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Zillow last checked:
Listing updated:
Listed by:
Griffin Karr 319-800-1121,
Midwest Asset Group
Bought with:
Alexis Kemp
RE/MAX CONCEPTS
Source: CRAAR, CDRMLS,MLS#: 2305837
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Gas, Hot Water
Interior area
- Total interior livable area: 2,158 sqft
Property
Lot
- Size: 4,486 Square Feet
- Dimensions: 4480
Details
- Parcel number: 142230201100000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $111,800
- Annual tax amount: $2,107
- Date on market: 9/6/2023
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Listing removed | $550 |
Source: Zillow Rentals Report a problem | ||
| 3/6/2026 | Listed for rent | $550 |
Source: Zillow Rentals Report a problem | ||
| 8/20/2025 | Listing removed | $550 |
Source: Zillow Rentals Report a problem | ||
| 6/25/2025 | Price change | $550-29% |
Source: Zillow Rentals Report a problem | ||
| 6/11/2025 | Price change | $775+10.9% |
Source: Zillow Rentals Report a problem | ||
| 10/25/2024 | Price change | $699-6.8% |
Source: Zillow Rentals Report a problem | ||
| 12/19/2023 | Listed for rent | $750+25.2% |
Source: Zillow Rentals Report a problem | ||
| 10/30/2023 | Sold | $150,000-3.2%$70/sqft |
Source:  CRAAR, CDRMLS #2305837 Report a problem | ||
| 9/25/2023 | Pending sale | $155,000$72/sqft |
Source: CRAAR, CDRMLS #2305837 Report a problem | ||
| 9/13/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/6/2023 | Listed for sale | $155,000+72.2%$72/sqft |
Source: CRAAR, CDRMLS #2305837 Report a problem | ||
| 7/26/2023 | Listed for rent | $599 |
Source: Zillow Rentals Report a problem | ||
| 7/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/22/2023 | Price change | $599-7.8% |
Source: Zillow Rentals Report a problem | ||
| 4/17/2023 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 12/2/2022 | Sold | $90,000-9.9%$42/sqft |
Source: CRAAR, CDRMLS #2209350 Report a problem | ||
| 10/28/2022 | Pending sale | $99,900$46/sqft |
Source: CRAAR, CDRMLS #2209350 Report a problem | ||
| 10/22/2022 | Listed for sale | $99,900+100.2%$46/sqft |
Source: CRAAR, CDRMLS #2209350 Report a problem | ||
| 2/28/2018 | Sold | $49,900-13.9%$23/sqft |
Source: CRAAR, CDRMLS #1800187 Report a problem | ||
| 1/8/2018 | Listed for sale | $57,950+5.5%$27/sqft |
Source: Skogman Realty #1800187 Report a problem | ||
| 8/1/2017 | Listing removed | $54,950$25/sqft |
Source: GRAF HOME SELLING TEAM & ASSOCIATES #1703479 Report a problem | ||
| 6/1/2017 | Price change | $54,950-8.3%$25/sqft |
Source: GRAF HOME SELLING TEAM & ASSOCIATES #1703479 Report a problem | ||
| 4/6/2017 | Listed for sale | $59,950$28/sqft |
Source: GRAF HOME SELLING TEAM & ASSOCIATES #1703479 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,922 +4.6% | $111,800 +9.3% |
| 2024 | $1,838 +32.6% | $102,300 +2.4% |
| 2023 | $1,386 -12.8% | $99,900 +60.1% |
| 2022 | $1,589 -2.2% | $62,400 +4% |
| 2021 | $1,624 -4.1% | $60,000 +6.2% |
| 2020 | $1,694 +114.4% | $56,500 +2.9% |
| 2019 | $790 | $54,900 +97.5% |
| 2018 | $790 -4.1% | $27,800 -10.6% |
| 2017 | $824 -16.1% | $31,100 |
| 2016 | $982 -4.1% | $31,100 -44.5% |
| 2015 | $1,024 -46.8% | $56,043 +12.9% |
| 2014 | $1,926 | $49,647 |
Find assessor info on the county website
Neighborhood: Wellington Heights
Nearby homes
- $--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
- $--1 bd1 ba850 sqft1409 Bever Ave SE APT 2, Cedar Rapids, IA 52403Off Market
- $77,0004 bd1 ba1.5k sqft1407 Bever Ave SE, Cedar Rapids, IA 52403Off Market
- $23,400-- sqft1411 Bever Ave SE, Cedar Rapids, IA 52403Off Market
- $13,700-- bd-- ba-- sqft1403 Bever Ave SE, Cedar Rapids, IA 52403Off Market
- $117,4004 bd1 ba1.4k sqft324 14th St SE, Cedar Rapids, IA 52403Off Market
- $45,0004 bd1 ba1.5k sqft326 14th St SE, 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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$167,300
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- Iowa
- Linn County
- Cedar Rapids
- 52403
- Wellington Heights
- 1409 Bever Ave SE
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