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For sale
  • $135,000

    1545 Washington Ave SE, Cedar Rapids, IA 52403

    --beds
    --baths
    1,584sqft
    : 
    $1,009/mo
    Get pre-qualified
    Multi Family, Residential
    Built in 1895
    -- sqft lot
    $-- Zestimate®
    $85/sqft
    $-- HOA

    What's special

    A well-maintained and recently updated up/down duplex offering a strong investment opportunity with room to grow. This property features two functional units with desirable layouts. The upper unit includes one bedroom, a living room, dining area, and kitchen, while the lower unit offers one bedroom plus a non-conforming bedroom (no closet), along with a living room, kitchen, and one bathroom, providing added flexibility and appeal for tenants. Recent updates include fresh paint, new flooring, bathroom improvements with a tiled shower in the lower unit, and updated appliances, making the property clean, comfortable, and move-in ready. These updates help minimize immediate maintenance needs while still leaving opportunity for a new owner to further enhance the property over time. Situated on a spacious lot with mature trees and located in SE Cedar Rapids with convenient access to downtown, schools, and surrounding amenities, this property offers a great combination of stability and potential. Whether you’re looking to expand your portfolio or get started with a multi-family investment, this is a solid option with both immediate usability and future upside. *photos of upper unit*
    108 days
    |
    371
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Travis Gaule 319-621-5324,

    Skogman Realty Co.

    Source: Iowa City Area AOR,MLS#: 202602295MLS Logo

      Facts & features

      Interior

      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Range Or Oven, Refrigerator
      • Laundry: None
      Features
      • Flooring: Vinyl
      • Basement: Block
      • Has fireplace: No
      Interior area
      • Total structure area: 1,584
      • Total interior livable area: 1,584 sqft
      • Finished area above ground: 1,584
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: On Street
      Lot
      • Size: 5,880 Square Feet
      • Dimensions: 42 x 140
      Details
      • Parcel number: 142228400500000
      • Zoning: residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Residential
      Materials
      • Frame
      Condition
      • Year built: 1895

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Close To School, Sidewalks
      • Subdivision: N/A
      Location
      • Region: Cedar Rapids

      Financial & listing details

      • Price per square foot: $85/sqft
      • Tax assessed value: $83,100
      • Annual tax amount: $1,452
      • Date on market: 4/7/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $992/mo

        Price history

        DateEventPrice
        7/14/2026Listed for sale$135,000$85/sqft
        Source: Iowa City Area AOR #202602295 Report a problem
        7/14/2026Pending sale$135,000$85/sqft
        Source: CRAAR, CDRMLS #2602359 Report a problem
        4/20/2026Listing removed$900$1/sqft
        Source: Zillow Rentals Report a problem
        4/7/2026Listed for sale$135,000+109.3%$85/sqft
        Source: Iowa City Area AOR #202602295 Report a problem
        4/3/2026Listed for rent$900+4.7%$1/sqft
        Source: Zillow Rentals Report a problem
        3/27/2025Listing removed$860$1/sqft
        Source: Zillow Rentals Report a problem
        3/10/2025Listed for rent$860$1/sqft
        Source: Zillow Rentals Report a problem
        2/13/2025Listing removed$860$1/sqft
        Source: Zillow Rentals Report a problem
        1/23/2025Listed for rent$860$1/sqft
        Source: Zillow Rentals Report a problem
        11/6/2024Listing removed$860$1/sqft
        Source: Zillow Rentals Report a problem
        10/29/2024Listed for rent$860-4.4%$1/sqft
        Source: Zillow Rentals Report a problem
        6/25/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/22/2024Listed for rent$900$1/sqft
        Source: Zillow Rentals Report a problem
        3/18/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/27/2024Price change$900+28.6%$1/sqft
        Source: Zillow Rentals Report a problem
        2/20/2024Price change$700-6.7%
        Source: Zillow Rentals Report a problem
        1/30/2024Listed for rent$750
        Source: Zillow Rentals Report a problem
        1/11/2024Listing removed--
        Source: Zillow Rentals Report a problem
        11/28/2023Listed for rent$750-14.3%
        Source: Zillow Rentals Report a problem
        10/4/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/7/2023Price change$875-12.5%$1/sqft
        Source: Zillow Rentals Report a problem
        8/14/2023Listed for rent$1,000+14.3%$1/sqft
        Source: Zillow Rentals Report a problem
        7/12/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/3/2023Listed for rent$875$1/sqft
        Source: Zillow Rentals Report a problem
        4/10/2023Sold$64,500+2.4%$41/sqft
        Source: CRAAR, CDRMLS #2208146 Report a problem
        3/7/2023Pending sale$63,000+32.6%$40/sqft
        Source: CRAAR, CDRMLS #2208146 Report a problem
        3/9/2015Sold$47,500$30/sqft
        Source: CRAAR, CDRMLS #1501149 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,452 +16.2%$83,100 +3.6%
        2024$1,250 -8.4%$80,200 +13.6%
        2023$1,364 +15.6%$70,600 +9.1%
        2022$1,180 $64,700 +13.5%
        2021$1,180 +8.3%$57,000 +6.5%
        2020$1,090 -0.2%$53,500 +5.5%
        2019$1,092 $50,700
        2018$1,092 +2.8%$50,700 -4.9%
        2017$1,062 -8.4%$53,300
        2016$1,160 +2.5%$53,300 +0.8%
        2015$1,132 +0.5%$52,891
        2014$1,126 +2.2%$52,891
        2013$1,102 +2.8%$52,891 -5.3%
        2012$1,072 $55,853
        2011-- $55,853
        2010$1,010 $55,853 -5.4%
        2008-- $59,023
        2007-- $59,023 +15.9%
        2005-- $50,936 -2.2%
        2004-- $52,105
        2003-- $52,105 +10.9%
        2002-- $47,002 +14%
        2001-- $41,230
        2000-- $41,230
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wellington Heights

        Getting around

        75 / 100
        Very Walkable
        29 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Johnson
        • Middle: Mckinley
        • High: Washington

        Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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