Sold for $615,000

$615,000

300 31st St NE, Cedar Rapids, IA 52402

16beds

--sqft

Multi Family, Apartment

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$936 Estimated rent

Home value

Not available

Estimated sales range

Not available

$936/mo

Zestimate^® history

Owner options

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$936/mo

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$936/mo

Rent Zestimate^®

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$3,389/mo

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$3,389/mo

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What's special

Stone Ridge Apartments for sale - a 16 unit complex in the heart of Cedar Rapids Iowa. All one bedroom, individually metered units with separate furnace, A/C, and water heaters. Coin operated laundry in common area. All one bedroom units. Four units recently renovated. Great opportunity to own a stable apartment building in convenient location less than one mile from Collins Aerospace, Mt Mercy University, and Lindale Mall. Only two owners in the last 40 years.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 16
Full bathrooms: 16

Heating

Forced Air, Gas

Cooling

Central Air, Window Unit(s)

Appliances

Laundry: Main Level

Property

Lot

Size: 0.37 Acres

Details

Parcel number: 141135201500000
Zoning: Res 3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Stone, Wood Siding
Foundation: Poured

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No
HOA name: Spire Property Management
HOA phone: 319-984-7401

Location

Region: Cedar Rapids

Financial & listing details

Tax assessed value: $385,400
Annual tax amount: $6,920
Date on market: 1/20/2026
Cumulative days on market: 1 day
Listing terms: Cash,Conventional
Road surface type: Concrete

Price history

Date	Event	Price
7/1/2026	Listing removed	$850
Source: Zillow Rentals Report a problem
6/10/2026	Listed for rent	$850+82.8%
Source: Zillow Rentals Report a problem
3/4/2026	Sold	$615,000+3.4%
Source: DMMLS #733095 Report a problem
1/22/2026	Pending sale	$595,000
Source: DMMLS #733095 Report a problem
1/20/2026	Listed for sale	$595,000+65.3%
Source: DMMLS #733095 Report a problem
4/29/2020	Listing removed	$465
Source: Eagle Property Management Report a problem
2/18/2020	Listed for rent	$465+9.4%
Source: Eagle Property Management Report a problem
1/1/2020	Listing removed	$425
Source: Eagle Property Management Report a problem
12/24/2019	Listed for rent	$425
Source: Eagle Property Management Report a problem
12/14/2012	Sold	$360,000
Source: CRAAR, CDRMLS #1206108 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,920 +2.3%	$385,400 +0.9%
2024	$6,762 -14.4%	$382,100
2023	$7,904 +1.8%	$382,100 +2%
2022	$7,762 +23.9%	$374,700
2021	$6,264 +2.7%	$374,700
2020	$6,100 -0.3%	--
2019	$6,120	$283,900
2018	$6,120 +2.9%	$283,900 -3.8%
2017	$5,950 -7.4%	$295,100
2016	$6,426 +2.5%	$295,100 +5%
2015	$6,272 +4.9%	$281,015 -4.4%
2014	$5,980 -2.3%	$293,807
2013	$6,118	$293,807