Sold for $180,000

$180,000

401 7th Ave SW, Cedar Rapids, IA 52404

--beds

--baths

2,932sqft

Multi Family

Built in 1895

-- sqft lot

$181,200 Zestimate^®

$61/sqft

$1,057 Estimated rent

Home value

$181,200

$170,000 - $194,000

$1,057/mo

Zestimate^® history

Owner options

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$1,057/mo

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$1,057/mo

Rent Zestimate^®

Refinance and save

$1,258/mo

Est. payment

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$1,258/mo

Est. payment

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What's special

2 Duplexes on one parcel. Address for the properties are 401 7th Ave SW and 710 4th St. Both duplexes are fully occupied, bringing in $2725 in Gross Rents. Owner pays water/sewer/trash and does lawn/snow. 710 Lower Lease: $575 through 12/25/27 710 Upper Lease: $650 Month to Month 401 7th Upper Lease: $650 2/26/27 401 7th Lower Lease: $850 through 9/24/26

Facts & features

Interior

Heating

Forced Air

Features

Basement: Full

Interior area

Total interior livable area: 2,932 sqft

Property

Features

Patio & porch: Deck, Patio

Lot

Size: 7,448 Square Feet
Dimensions: 60 x 124

Details

Parcel number: 142833200100000
Zoning: R
Zoning description: R

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

Community & HOA

Location

Region: Cedar Rapids

Financial & listing details

Price per square foot: $61/sqft
Tax assessed value: $203,300
Annual tax amount: $2,996
Date on market: 3/27/2026
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
5/15/2026	Sold	$180,000-2.7%$61/sqft
Source: CRAAR, CDRMLS #2602083 Report a problem
4/4/2026	Pending sale	$185,000$63/sqft
Source: CRAAR, CDRMLS #2602083 Report a problem
3/27/2026	Listed for sale	$185,000+15.6%$63/sqft
Source: CRAAR, CDRMLS #2602083 Report a problem
4/27/2022	Sold	$160,000+0.6%$55/sqft
Source: CRAAR, CDRMLS #2201019 Report a problem
2/28/2022	Pending sale	$159,000$54/sqft
Source: CRAAR, CDRMLS #2201019 Report a problem
2/24/2022	Listed for sale	$159,000$54/sqft
Source: CRAAR, CDRMLS #2201019 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,996 +2.3%	$203,300 +22.9%
2024	$2,928 +20.8%	$165,400
2023	$2,424 +12.5%	$165,400 +44%
2022	$2,154 +2.6%	$114,900 +10.5%
2021	$2,100 +2.6%	$104,000 +9.2%
2020	$2,046 +2.7%	$95,200
2019	$1,992	$95,200 +3%
2018	$1,992 +2.9%	$92,400 -8.9%
2017	$1,936 -12.3%	$101,400 +15.6%
2016	$2,208 +18.5%	$87,700 +4%
2015	$1,864 +3.9%	$84,314 -4.3%
2014	$1,794 -2.2%	$88,087
2013	$1,834 -42.3%	$88,087 -5%
2012	$3,176	$92,719