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Sold for $186,000
    • $186,000

    702 9th St SW, Cedar Rapids, IA 52404

    --beds
    --baths
    2,303sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $191,200 Zestimate®
    $81/sqft
    $1,151 Estimated rent

    Home value

    $191,200

    $178,000 - $206,000

    $1,151/mo

    Zestimate® history
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    What's special

    Detached garageUpdated mechanicalsAlley accessLow-maintenance exteriorNew roof
    Turnkey Triplex–Fully Renovated and Ready for Cash Flow! Don't miss this exceptional investment opportunity on the quiet SW side of Cedar Rapids! Clean and fully updated its ready for a new owner to start collecting income immediately. Recent renovations within the last 6 years include: new roof, siding, windows, paint, flooring, full kitchen and bathroom remodels, and updated mechanicals—all separated for tenant convenience. Each unit has its own electric meter, while the owner covers water. The building is currently vacant, allowing for easy showings and flexibility for owner-occupants or new tenant placements. Rental History: (2) One-bedroom units previously rented at $675 and $715 (1) Three-bedroom upper unit previously rented at $1,040The property also features alley access, a detached garage, and low-maintenance exterior. This is a perfect addition to your rental portfolio or a great start for a first-time investor!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Trenkamp- The Real Estate Team 319-270-1323,

    Realty87

    Bought with:

    Erin Allen

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2504710MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Interior area
    • Total interior livable area: 2,303 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Deck, Patio
    Lot
    • Size: 7,666 Square Feet
    • Dimensions: .176
    Details
    • Parcel number: 142940301000000
    • Zoning: Res
    • Zoning description: Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Vinyl Siding
    • Foundation: Block
    Condition
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Cedar Rapids

    Financial & listing details

    • Price per square foot: $81/sqft
    • Tax assessed value: $203,900
    • Annual tax amount: $2,880
    • Date on market: 6/25/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/27/2025Sold$186,000-6.5%$81/sqft
    Source: CRAAR, CDRMLS #2504710 Report a problem
    7/25/2025Pending sale$199,000$86/sqft
    Source: CRAAR, CDRMLS #2504710 Report a problem
    6/25/2025Listed for sale$199,000+10.6%$86/sqft
    Source: CRAAR, CDRMLS #2504710 Report a problem
    8/24/2022Listing removed--
    Source: Zillow Rental Network Premium_1 Report a problem
    7/18/2022Listed for rent$585+6.4%
    Source: Zillow Rental Network Premium Report a problem
    2/7/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    2/3/2022Listed for rent$550
    Source: Zillow Rental Network Premium Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/2/2020Sold$180,000+2.9%$78/sqft
    Source: Public Record Report a problem
    12/27/2019Listed for sale$175,000+714%$76/sqft
    Source: Owner Report a problem
    2/23/2018Sold$21,500-56.6%$9/sqft
    Source: Public Record Report a problem
    7/10/1998Sold$49,500$21/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,946 +2.3%$203,900 +25.3%
    2024$2,880 -11.9%$162,700
    2023$3,268 -13.5%$162,700 +5%
    2022$3,780 +32.7%$154,900
    2021$2,848 +371.4%$154,900 +59%
    2020$604 -4.9%$97,400 +348.8%
    2019$635 +0.8%$21,700 -2.3%
    2018$630 -4.3%$22,200 -55.8%
    2017$658 -58.5%$50,200
    2016$1,584 -4.2%$50,200 -8.7%
    2015$1,654 -12.5%$54,988 +0.4%
    2014$1,890 $54,776
    Find assessor info on the county website

    Neighborhood: Taylor

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cedar River Academy
    • Middle: Wilson
    • 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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    $191,200
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    With Zillow Showcase(estimated)
    $195,024
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
    $195,024

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