Great investment opportunity! This updated duplex features two units, perfect for rental income. With a newer furnace and AC, you can enjoy added comfort and peace of mind, knowing a major expense has already been addressed. The lower unit includes 2 bedrooms, 1 full bath, a beautifully updated kitchen, and a cozy fireplace, plus an unfinished basement for extra storage. The upper unit offers 1 bedroom and 1 full bath. Outside, you'll find a fenced-in yard, patio, and a 2-stall garage. With fresh updates throughout, this property is move-in ready for tenants or an owner-occupant. Schedule your showing today and see the potential for yourself! The property is being sold as-is.
Sold for $120,000
$120,000
1601 K Ave NE, Cedar Rapids, IA 52402
--beds
--baths
1,340sqft
Multi Family
Built in 1915
-- sqft lot
$139,900 Zestimate®
$90/sqft
$1,117 Estimated rent
Home value
$139,900
$127,000 - $152,000
$1,117/mo
Zestimate® history
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$661/mo
Est. payment
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List your homeWhat's special
Cozy fireplaceUnfinished basementUpdated kitchenFenced-in yard
Zillow last checked:
Listing updated:
Listed by:
James McClain 319-961-8373,
Realty87,
Charlie Randell 319-316-3346,
Realty87
Bought with:
Matt Mccurdy
Investor Edge Real Estate
Source: CRAAR, CDRMLS,MLS#: 2408065
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Forced Air, Gas
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Laundry: In Unit
Features
- Storage
- Basement: Full
Interior area
- Total interior livable area: 1,340 sqft
Property
Parking
- Total spaces: 6
- Parking features: Parking Space(s)
- Has garage: Yes
Features
- Patio & porch: Deck, Patio
- Exterior features: Fence
Lot
- Size: 7,000 Square Feet
- Dimensions: 50 x 140
Details
- Parcel number: 141525600800000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $140,100
- Annual tax amount: $2,479
- Date on market: 11/24/2024
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2024 | Sold | $120,000-7.7%$90/sqft |
Source:  CRAAR, CDRMLS #2408065 Report a problem | ||
| 11/26/2024 | Pending sale | $130,000$97/sqft |
Source: CRAAR, CDRMLS #2408065 Report a problem | ||
| 11/25/2024 | Price change | $130,000-13.3%$97/sqft |
Source: CRAAR, CDRMLS #2408065 Report a problem | ||
| 9/11/2024 | Listed for sale | $149,900+85.7%$112/sqft |
Source: CRAAR, CDRMLS #2406313 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/5/2019 | Listing removed | $850$1/sqft |
Source: Owner Report a problem | ||
| 10/14/2019 | Price change | $850-5.6%$1/sqft |
Source: Owner Report a problem | ||
| 7/19/2019 | Price change | $900-2.7%$1/sqft |
Source: Owner Report a problem | ||
| 4/18/2019 | Listed for rent | $925$1/sqft |
Source: Owner Report a problem | ||
| 12/29/2014 | Sold | $80,700-37.4%$60/sqft |
Source:  Iowa City Area AOR #20145855 Report a problem | ||
| 6/7/2014 | Listed for sale | $129,000+16.7%$96/sqft |
Source: Skogman Realty #20143188 Report a problem | ||
| 10/1/2012 | Sold | $110,500+0.5%$82/sqft |
Source: Public Record Report a problem | ||
| 5/25/2012 | Listed for sale | $109,900+15.1%$82/sqft |
Source: Skogman Realty #1203897 Report a problem | ||
| 10/22/2003 | Sold | $95,500$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,480 -3% | $140,100 |
| 2023 | $2,558 +10.9% | $140,100 +15.5% |
| 2022 | $2,306 +0.7% | $121,300 +9% |
| 2021 | $2,290 +4.5% | $111,300 +7.2% |
| 2020 | $2,192 +0.6% | $103,800 +1.8% |
| 2019 | $2,180 | $102,000 +0.9% |
| 2018 | $2,180 +2.9% | $101,100 +25.3% |
| 2017 | $2,118 +20.5% | $80,700 -3.4% |
| 2016 | $1,758 -0.9% | $83,500 -6.3% |
| 2015 | $1,774 -6.5% | $89,157 -4.9% |
| 2014 | $1,898 -2.8% | $93,787 |
| 2013 | $1,952 -0.5% | $93,787 -5.3% |
| 2012 | $1,962 | $99,081 -3% |
| 2011 | -- | $102,167 |
| 2010 | $1,782 | $102,167 +1.4% |
| 2008 | -- | $100,767 0% |
| 2007 | -- | $100,768 +11.6% |
| 2005 | -- | $90,317 +6% |
| 2004 | -- | $85,179 |
| 2003 | -- | $85,179 +11.2% |
| 2002 | -- | $76,619 +14% |
| 2001 | -- | $67,210 |
| 2000 | -- | $67,210 |
Find assessor info on the county website
Neighborhood: Mound View
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Nearby schools
GreatSchools rating
- 4/10Trailside Elementary SchoolGrades: K-5Distance: 0.9 mi
- 4/10Franklin Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10George Washington High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Trailside
- Middle: Franklin
- 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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$139,900
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- Iowa
- Linn County
- Cedar Rapids
- 52402
- Mound View
- 1601 K Ave NE
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