Great Investment Opportunity on the SE side of Cedar Rapids!
This well-maintained multifamily property features four fully leased units-three-1 bedroom units, and 1-3 bedroom unit. Each unit is individually metered for gas and electricity. Owner pays water/garbage/recycling, and common area heat and electric. A shared, coin-operated laundry is available in the basement for added tenant convenience.
Recent improvements included a full renovation of unit 4, featuring all new windows, doors, and refrigerator, Two other units have received minor updates including three new windows, and the wooden entry steps to the building have been rebuilt. Located near schools, parks, and public transit, this property offers reliable rental income, and long-term investment potential.
Sold for $155,000
$155,000
809 17th St SE, Cedar Rapids, IA 52403
--beds
--baths
2,299sqft
Multi Family
Built in 1910
-- sqft lot
$157,400 Zestimate®
$67/sqft
$1,249 Estimated rent
Home value
$157,400
$148,000 - $168,000
$1,249/mo
Zestimate® history
Owner options
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$1,249/mo
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$1,249/mo
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$854/mo
Est. payment
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$854/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ross Nusser 319-331-5206,
Urban Acres Real Estate Corridor
Bought with:
Bre Horstman
SKOGMAN REALTY
Source: CRAAR, CDRMLS,MLS#: 2503359
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Forced Air
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total interior livable area: 2,299 sqft
Property
Lot
- Size: 5,488 sqft
- Dimensions: 5481
Details
- Parcel number: 142245901700000
- Zoning: Resident
- Zoning description: Resident
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Frame, Stone, Vinyl Siding
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Cedar Rapids
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Sold | $155,000-15.3%$67/sqft |
Source:  CRAAR, CDRMLS #2503359 Report a problem | ||
| 12/21/2025 | Pending sale | $183,000$80/sqft |
Source: CRAAR, CDRMLS #2503359 Report a problem | ||
| 11/5/2025 | Price change | $183,000-5.2%$80/sqft |
Source: CRAAR, CDRMLS #2503359 Report a problem | ||
| 10/27/2025 | Price change | $193,000-1.3%$84/sqft |
Source: CRAAR, CDRMLS #2503359 Report a problem | ||
| 10/15/2025 | Price change | $195,500-1.8%$85/sqft |
Source: CRAAR, CDRMLS #2503359 Report a problem | ||
| 9/12/2025 | Price change | $199,000-7.4%$87/sqft |
Source: CRAAR, CDRMLS #2503359 Report a problem | ||
| 5/9/2025 | Listed for sale | $215,000+13.2%$94/sqft |
Source: CRAAR, CDRMLS #2503359 Report a problem | ||
| 3/20/2024 | Sold | $189,900$83/sqft |
Source: CRAAR, CDRMLS #2305308 Report a problem | ||
| 2/15/2024 | Pending sale | $189,900$83/sqft |
Source: CRAAR, CDRMLS #2305308 Report a problem | ||
| 8/10/2023 | Listed for sale | $189,900+89.9%$83/sqft |
Source: CRAAR, CDRMLS #2305308 Report a problem | ||
| 11/26/2019 | Sold | $100,000-9%$43/sqft |
Source: CRAAR, CDRMLS #1906344 Report a problem | ||
| 10/11/2019 | Price change | $109,900-8.3%$48/sqft |
Source: COLDWELL BANKER HEDGES #1906344 Report a problem | ||
| 8/26/2019 | Listed for sale | $119,900+49.9%$52/sqft |
Source: COLDWELL BANKER HEDGES #1906344 Report a problem | ||
| 12/23/2013 | Sold | $80,000+11.9%$35/sqft |
Source: Public Record Report a problem | ||
| 4/26/2004 | Sold | $71,500$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,206 +0.7% | $124,700 |
| 2023 | $2,190 -10.7% | $124,700 +20.1% |
| 2022 | $2,452 -6.8% | $103,800 +3.3% |
| 2021 | $2,630 +12.5% | $100,500 +0.9% |
| 2020 | $2,338 +29.5% | $99,600 +18.4% |
| 2019 | $1,806 | $84,100 +32.2% |
| 2018 | $1,806 -4.3% | $63,600 +7.1% |
| 2017 | $1,888 +0.7% | $59,400 |
| 2016 | $1,874 -4.3% | $59,400 -29.4% |
| 2015 | $1,958 -32.3% | $84,139 -2.3% |
| 2014 | $2,892 | $86,162 |
Find assessor info on the county website
Neighborhood: Wellington Heights
Nearby schools
GreatSchools rating
- 5/10Grant Wood Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10McKinley STEAM AcademyGrades: 6-8Distance: 0.3 mi
- 3/10George Washington High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Grant Wood
- Middle: McKinley
- High: Washington
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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$157,400
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- Iowa
- Linn County
- Cedar Rapids
- 52403
- Wellington Heights
- 809 17th St SE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Cedar Rapids Topics
