Sold for $121,000

$121,000

508 3rd Ave SW, Cedar Rapids, IA 52404

--beds

--baths

1,591sqft

Multi Family

Built in 1900

-- sqft lot

$126,300 Zestimate^®

$76/sqft

$1,137 Estimated rent

Home value

$126,300

Estimated sales range

Not available

$1,137/mo

Zestimate^® history

Owner options

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$1,137/mo

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$1,137/mo

Rent Zestimate^®

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$667/mo

Est. payment

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$667/mo

Est. payment

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What's special

Commercial space

Very well priced Fully rented Mixed Use multifamily and commercial space building for sale. Right down the road from Kingston Yard Development, 508 3rd contains 5 1Bed multifamily units with a commercial space facing 3rd Ave. Although this property will have some maintenance/rehab as any... It has both long term and short term investment benefits many will notice.

Facts & features

Interior

Appliances

Laundry: Common Area

Features

Basement: Full

Interior area

Total interior livable area: 1,591 sqft

Property

Parking

Parking features: Parking Space(s)

Lot

Size: 4,181 sqft
Dimensions: 30 x 140

Details

Parcel number: 142917901200000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame, Vinyl Siding

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Cedar Rapids

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
2/24/2025	Sold	$121,000-13.6%$76/sqft
Source: CRAAR, CDRMLS #2408263 Report a problem
1/11/2025	Pending sale	$140,000$88/sqft
Source: CRAAR, CDRMLS #2408263 Report a problem
12/8/2024	Listed for sale	$140,000+20.7%$88/sqft
Source: CRAAR, CDRMLS #2408263 Report a problem
10/31/2018	Sold	$116,000+0.9%$73/sqft
Source: CRAAR, CDRMLS #1804428 Report a problem
9/7/2018	Price change	$115,000-8%$72/sqft
Source: REVOLUTION REALTY TEAM #1804428 Report a problem
7/17/2018	Price change	$125,000-7.4%$79/sqft
Source: REVOLUTION REALTY TEAM #1804428 Report a problem
6/22/2018	Listed for sale	$135,000+106.1%$85/sqft
Source: REVOLUTION REALTY TEAM #1804428 Report a problem
2/15/2008	Sold	$65,500$41/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,412 +2.3%	$138,000 +3.6%
2024	$2,358 +7.7%	$133,200
2023	$2,190 -20.9%	$133,200 +28.3%
2022	$2,770 +15.5%	$103,800 +1.8%
2021	$2,398 -2.8%	$102,000 +25.6%
2020	$2,468 -0.1%	$81,200
2019	$2,470	$81,200
2018	$2,470 -2.4%	$81,200 +47.8%
2017	$2,532 +35.3%	$54,954
2016	$1,872 -2.8%	$54,954 +0.2%
2015	$1,926 +2.2%	$54,829 -24.2%
2014	$1,884	$72,287