Incredible investor opportunity for an 8 plex in wonderful condition. Well kept with 8 Garages as well. 2 bedroom, 1 Bath units. 6 Units with a fireplace. Due to extended family illness' these units have not been actively managed for quite some time. 4 Units vacant. 3 Units on a month to month rent, and 1 unit on a 1 year lease. As such, this is a great opportunity for an investor to establish a rent base with wonderful profit potential. In addition, empty lot in rear of property perfect for another complex/parking or storage type of center. Listing at assessed value but value is in how well these has been kept.
Sold for $580,000
Street View
$580,000
76 Miller Ave SW, Cedar Rapids, IA 52404
--beds
0baths
7,084sqft
MultiFamily
Built in 1996
-- sqft lot
$709,800 Zestimate®
$82/sqft
$991 Estimated rent
Home value
$709,800
$639,000 - $795,000
$991/mo
Zestimate® history
Owner options
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$991/mo
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$991/mo
Rent Zestimate®
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$3,196/mo
Est. payment
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$3,196/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total interior livable area: 7,084 sqft
Property
Lot
- Size: 1.07 Acres
Details
- Parcel number: 01519094
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1996
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $82/sqft
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2023 | Sold | $580,000+5.5%$82/sqft |
Source: Agent Provided Report a problem | ||
| 9/5/2023 | Contingent | $549,900$78/sqft |
Source:  Iowa City Area AOR #202304737 Report a problem | ||
| 8/24/2023 | Pending sale | $549,900$78/sqft |
Source:  NextHome #2305562 Report a problem | ||
| 8/23/2023 | Listed for sale | $549,900$78/sqft |
Source: NextHome #2305562 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lincolnway Village
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Nearby schools
GreatSchools rating
- 7/10Prairie Heights Elementary SchoolGrades: PK-4Distance: 1.3 mi
- 5/10Prairie Point Middle SchoolGrades: 7-9Distance: 1.7 mi
- 6/10Prairie High SchoolGrades: 9-12Distance: 1.6 mi
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$709,800
2% more
+$14,196
With Zillow Showcase(estimated)
$723,996
- Iowa
- Linn County
- Cedar Rapids
- 52404
- Lincolnway Village
- 76 Miller Ave SW
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