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Sold for $92,500
  • $92,500

    938 18th Ave SW, Cedar Rapids, IA 52404

    2beds
    760sqft
    Single Family Residence
    Built in 1930
    5,662.8 Square Feet Lot
    $96,200 Zestimate®
    $122/sqft
    $1,015 Estimated rent

    Home value

    $96,200

    $89,000 - $104,000

    $1,015/mo

    Zestimate® history
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    $510/mo

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    What's special

    Looking for stable cash flow and long-term appreciation in one of the Midwest’s most investor-friendly markets? This turnkey portfolio in Cedar Rapids, IA is the perfect addition to your rental holdings. Whether you're a local investor or an out-of-state buyer looking to expand in the Midwest, this package offers immediate rental income, strong tenant demand, and a market with steady growth. Serious investors, let’s connect! Contact me today for financials, rental breakdowns, and to discuss how these properties can fit into your investment strategy. Sold with MLS 2502222,2502224,2502230,2502217,2501425 are listed as a portfolio for $745K. Subject to 1031 Exchange. Listing agent is related to one of the owners.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marie Hancock 319-693-2287,

    Fathom Realty

    Bought with:

    Marie Hancock

    Fathom Realty

    Source: CRAAR, CDRMLS,MLS#: 2502217MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Other
    • Level: First
    Heating
    • Forced Air
    Appliances
    • Included: Gas Water Heater, Range, Refrigerator
    Features
    • Main Level Primary
    • Basement: Full
    Interior area
    • Total interior livable area: 760 sqft
    • Finished area above ground: 760
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Lot
    • Size: 5,662 sqft
    • Dimensions: 5600
    Details
    • Parcel number: 143213201300000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: A-Frame,Raised Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cedar Rapids

    Other

    Other facts
    • Listing terms: Conventional,See Remarks

    Price history

    DateEventPrice
    5/28/2025Sold$92,500+2.8%$122/sqft
    Source: CRAAR, CDRMLS #2502217 Report a problem
    4/30/2025Pending sale$90,000$118/sqft
    Source: CRAAR, CDRMLS #2502217 Report a problem
    4/1/2025Listed for sale$90,000+69.8%$118/sqft
    Source: CRAAR, CDRMLS #2502217 Report a problem
    8/9/2014Listing removed$53,000$70/sqft
    Source: eflatfeerealty #1403903 Report a problem
    6/20/2014Listed for sale$53,000+1%$70/sqft
    Source: eflatfeerealty #1403903 Report a problem
    2/11/2014Listing removed$52,500$69/sqft
    Source: Propertyware Inc Report a problem
    2/2/2014Listed for sale$52,500+87.5%$69/sqft
    Source: Propertyware Inc Report a problem
    1/2/2014Sold$28,000+7.7%$37/sqft
    Source: Public Record Report a problem
    1/15/1998Sold$26,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,438 +2.3%$85,700 +7.9%
    2024$1,406 -8.5%$79,400
    2023$1,536 +13.8%$79,400 +9.1%
    2022$1,350 -3.3%$72,800 +11.7%
    2021$1,396 +2.6%$65,200 +3%
    2020$1,360 +5.8%$63,300
    2019$1,286 $63,300 +6%
    2018$1,286 +2.7%$59,700 +2.4%
    2017$1,252 -1.4%$58,300
    2016$1,270 +2.4%$58,300 -7.7%
    2015$1,240 -7.7%$63,151
    2014$1,344 +18.9%$63,151
    2013$1,130 +5.6%$63,151
    2012$1,070 $63,151
    2011-- $63,151 -5.3%
    2010$1,028 $66,674 +3%
    2008-- $64,739
    2007-- $64,739 +6.7%
    2005-- $60,672 +12.7%
    2004-- $53,834
    2003-- $53,834 +10.7%
    2002-- $48,632 +14%
    2001-- $42,660
    2000-- $42,660

    Find assessor info on the county website

    Neighborhood: 52404

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wilson
    • 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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    $96,200
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    +$1,924
    With Zillow Showcase(estimated)
    $98,124