For sale

$150,000

4627 1st Ave SW APT 1, Cedar Rapids, IA 52405

2beds

900sqft

$1,316/mo

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Condominium

Built in 1997

-- sqft lot

$145,400 Zestimate^®

$167/sqft

$185/mo HOA

What's special

Detached garageSnow removalIn unit laundryLawn care

Calling all investors to check out this tenant occupied property. This main level apartment features a spacious living area, in unit laundry and a detached garage. The HOA handles exterior maintenance; lawn care, and snow removal, allowing for low-maintenance ownership. And it is conveniently located near restaurants, schools, and major roadways.Whether you're expanding your investment portfolio or purchasing your first rental property, this is an opportunity to own a tenant-occupied property.

31 days
398
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Bedroom 1

Level: First
Area: 133.83 Square Feet
Dimensions: 12.2x11

Bedroom 2

Level: First
Area: 113.82 Square Feet
Dimensions: 12.5x9.2

Kitchen

Level: First
Area: 78.47 Square Feet
Dimensions: 9.5x8.4

Living room

Level: First
Area: 296.08 Square Feet
Dimensions: 17x17.5

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Refrigerator, Range, Dishwasher, Microwave, Disposal, Washer, Dryer
Laundry: Main Level

Features

Windows: Window Treatments
Basement: None
Has fireplace: Yes
Fireplace features: Living Room

Interior area

Total interior livable area: 900 sqft
Finished area above ground: 900

Property

Parking

Total spaces: 1
Parking features: Garage
Has garage: Yes
Details: Remote Garage Door Opener

Features

Fencing: Fenced

Details

Parcel number: 132537700401024
Zoning: Residential

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Vinyl
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1997

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: PINE CREEK VILLAGE CONDO UNIT 4627-1

HOA

Has HOA: Yes
HOA fee: $2,220 annually

Location

Region: Cedar Rapids

Financial & listing details

Price per square foot: $167/sqft
Annual tax amount: $1,581
Date on market: 8/1/2026
Cumulative days on market: 31 days
Listing terms: Cash,Financing

Estimated market value

$145,400

$138,000 - $153,000

$1,292/mo

Price history

Date	Event	Price
8/1/2026	Listed for sale	$150,000$167/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #155359 Report a problem
2/27/2026	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
2/13/2026	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
2/3/2026	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
1/27/2026	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
5/26/2025	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
4/8/2025	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
3/7/2025	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
1/13/2025	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
9/14/2024	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
7/31/2024	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
7/21/2024	Listing removed	--
Source: Zillow Rentals Report a problem
7/8/2024	Price change	$1,200+4.3%$1/sqft
Source: Zillow Rentals Report a problem
6/23/2024	Price change	$1,150+4.5%$1/sqft
Source: Zillow Rentals Report a problem
6/19/2024	Price change	$1,100-15.4%$1/sqft
Source: Zillow Rentals Report a problem
6/5/2024	Listed for rent	$1,300$1/sqft
Source: Zillow Rentals Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: Cedar Hills

Getting around

64 / 100

Somewhat Walkable

26 / 100

Some Transit

46 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Hoover Elementary School
Grades: K-5Distance: 0.4 mi
3/10
Roosevelt Middle School
Grades: 6-8Distance: 2.1 mi
3/10
Thomas Jefferson High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Elementary: Hoover
Middle: Cedar Rapids Roosevelt
High: Cedar Rapids Jefferson

Source: East Central Iowa AOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.