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Sold for $103,000
    • $103,000

    418 A Ave NW, Cedar Rapids, IA 52405

    --beds
    --baths
    1,384sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $106,600 Zestimate®
    $74/sqft
    $1,206 Estimated rent

    Home value

    $106,600

    $99,000 - $115,000

    $1,206/mo

    Zestimate® history
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    Rent Zestimate®

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    What's special

    Laundry in basement
    Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Christianson 319-329-5770,

    Keller Williams Legacy Group

    Bought with:

    Anthony Lueken

    Epique Realty

    Source: CRAAR, CDRMLS,MLS#: 2501481MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area, In Unit
    Interior area
    • Total interior livable area: 1,384 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Exterior features: Fence
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 40' x 140'
    Details
    • Parcel number: 142910701300000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Vinyl Siding
    • Foundation: Block
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate Meters

    Community & HOA

    Location
    • Region: Cedar Rapids

    Financial & listing details

    • Price per square foot: $74/sqft
    • Tax assessed value: $121,300
    • Annual tax amount: $2,146
    • Date on market: 3/7/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    9/3/2025Sold$103,000-10.4%$74/sqft
    Source: CRAAR, CDRMLS #2501481 Report a problem
    8/8/2025Pending sale$115,000$83/sqft
    Source: CRAAR, CDRMLS #2501481 Report a problem
    5/12/2025Price change$115,000-4.2%$83/sqft
    Source: CRAAR, CDRMLS #2501481 Report a problem
    4/10/2025Price change$120,000-4%$87/sqft
    Source: CRAAR, CDRMLS #2501481 Report a problem
    3/8/2025Listed for sale$125,000+142.7%$90/sqft
    Source: CRAAR, CDRMLS #2501481 Report a problem
    2/27/2021Listing removed--
    Source: Owner Report a problem
    10/23/2020Listing removed$595
    Source: Owner Report a problem
    10/5/2020Price change$595-4.8%
    Source: Owner Report a problem
    9/25/2020Listed for rent$625
    Source: Owner Report a problem
    4/29/2016Sold$51,500-25.4%$37/sqft
    Source: CRAAR, CDRMLS #1506239 Report a problem
    10/20/2015Price change$69,000-5.5%$50/sqft
    Source: Skogman Realty #1506239 Report a problem
    8/12/2015Listed for sale$73,000$53/sqft
    Source: Skogman Realty #1506239 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,146 +30.4%$121,300 +2.4%
    2024$1,646 -16.2%$118,500 +27.4%
    2023$1,964 +10.5%$93,000 -0.1%
    2022$1,778 +9.1%$93,100 +8.5%
    2021$1,630 +22.2%$85,800 +16.1%
    2020$1,334 +4.2%$73,900 +19%
    2019$1,280 $62,100 +4.5%
    2018$1,280 +2.9%$59,400 +1.4%
    2017$1,244 -2.5%$58,600
    2016$1,276 +2.4%$58,600 +0.2%
    2015$1,246 +0.2%$58,474
    2014$1,244 +2.1%$58,474
    2013$1,218 +44.7%$58,474 +33.3%
    2012$842 $43,856
    2011-- $43,856 +1.8%
    2010$858 $43,077 -33.4%
    2008-- $64,638
    2007-- $64,638 +2.4%
    2005-- $63,105 -4.3%
    2004-- $65,909
    2003-- $65,909 +11.9%
    2002-- $58,893 +14%
    2001-- $51,660
    2000-- $51,660
    Find assessor info on the county website

    Neighborhood: 52405

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cleveland
    • Middle: Roosevelt
    • High: Jefferson

    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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    $106,600
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    With Zillow Showcase(estimated)
    $108,732

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