Welcome to this well-maintained 4-plex located on the vibrant SE side. This property features four spacious one-bedroom units, offering a fantastic opportunity for investors or those looking to live in one unit while renting out the others.
Unit 1: Completely remodeled from the floor up, showcasing modern finishes and stylish updates.
Unit 2: Recently upgraded with brand-new carpet, providing a fresh and inviting space.
Units 3 & 4: While they could benefit from some updating, both units are in good condition and pass city inspection.
Tenants are responsible for gas and electric, adding to the property's appeal as a low-maintenance investment. Don’t miss out on this opportunity to own a well-located multi-family building with great income potential.
Contact us today to schedule a viewing and explore the possibilities!
Sold for $135,000
$135,000
1534 3rd Ave SE, Cedar Rapids, IA 52403
--beds
--baths
2,080sqft
Multi Family
Built in 1900
-- sqft lot
$151,600 Zestimate®
$65/sqft
$881 Estimated rent
Home value
$151,600
$136,000 - $168,000
$881/mo
Zestimate® history
Owner options
List your home for rent
$881/mo
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$881/mo
Rent Zestimate®
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$944/mo
Est. payment
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$944/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Chris Puckett 319-899-4705,
Realty87
Bought with:
Tim Nash
SKOGMAN REALTY
Source: CRAAR, CDRMLS,MLS#: 2405772
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total interior livable area: 2,080 sqft
Property
Parking
- Total spaces: 6
- Parking features: Parking Space(s)
Lot
- Size: 8,400 Square Feet
- Dimensions: 60 x 140
Details
- Parcel number: 142227902300000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $65/sqft
- Tax assessed value: $127,100
- Annual tax amount: $1,792
- Date on market: 8/19/2024
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2024 | Sold | $135,000-10%$65/sqft |
Source:  CRAAR, CDRMLS #2405772 Report a problem | ||
| 11/6/2024 | Pending sale | $150,000$72/sqft |
Source: CRAAR, CDRMLS #2405772 Report a problem | ||
| 8/28/2024 | Price change | $150,000-3.8%$72/sqft |
Source: CRAAR, CDRMLS #2405772 Report a problem | ||
| 8/19/2024 | Listed for sale | $155,900+60.7%$75/sqft |
Source: CRAAR, CDRMLS #2405772 Report a problem | ||
| 11/3/2023 | Sold | $97,000-18.5%$47/sqft |
Source:  Iowa City Area AOR #202305134 Report a problem | ||
| 10/13/2023 | Pending sale | $119,000$57/sqft |
Source: CRAAR, CDRMLS #2306441 Report a problem | ||
| 9/29/2023 | Listed for sale | $119,000+71.2%$57/sqft |
Source: CRAAR, CDRMLS #2306441 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/1/2016 | Listing removed | $445+2.3% |
Source: Owner Report a problem | ||
| 2/24/2016 | Listed for rent | $435+2.4% |
Source: Owner Report a problem | ||
| 1/1/2016 | Listing removed | $425 |
Source: Owner Report a problem | ||
| 11/17/2015 | Listed for rent | $425 |
Source: Owner Report a problem | ||
| 8/8/2015 | Listing removed | $425 |
Source: Owner Report a problem | ||
| 7/9/2015 | Listed for rent | $425 |
Source: Owner Report a problem | ||
| 2/11/2015 | Listing removed | $425 |
Source: Owner Report a problem | ||
| 12/26/2014 | Listed for rent | $425 |
Source: Owner Report a problem | ||
| 10/29/2014 | Listing removed | $425 |
Source: Owner Report a problem | ||
| 9/29/2014 | Listed for rent | $425 |
Source: Owner Report a problem | ||
| 9/26/2011 | Sold | $69,500-0.7%$33/sqft |
Source: Public Record Report a problem | ||
| 2/16/2011 | Sold | $70,000-29.6%$34/sqft |
Source: Public Record Report a problem | ||
| 9/5/2006 | Sold | $99,500+17.8%$48/sqft |
Source: Public Record Report a problem | ||
| 9/26/2003 | Sold | $84,500$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,906 -15% | $127,100 +20.8% |
| 2024 | $2,242 -7.2% | $105,200 +3.8% |
| 2023 | $2,417 +21.9% | $101,300 +19.2% |
| 2022 | $1,982 +2.7% | $85,000 +4.7% |
| 2021 | $1,930 -5% | $81,200 +11.1% |
| 2020 | $2,032 +13.9% | $73,100 |
| 2019 | $1,784 +1.5% | $73,100 +18.1% |
| 2018 | $1,758 -4.2% | $61,900 -11.2% |
| 2017 | $1,836 +20.9% | $69,700 |
| 2016 | $1,518 +2.4% | $69,700 -21.6% |
| 2015 | $1,482 -27.8% | $88,851 |
| 2014 | $2,054 +11% | $88,851 |
| 2013 | $1,850 -45.7% | $88,851 -1.3% |
| 2012 | $3,408 | $90,046 |
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: 0.3 mi
- 3/10McKinley STEAM AcademyGrades: 6-8Distance: 0.6 mi
- 4/10George Washington High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Grant Wood
- 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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- Iowa
- Linn County
- Cedar Rapids
- 52403
- Wellington Heights
- 1534 3rd Ave SE
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