This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.
Listing Courtesy of CEDAR RAPIDS / Coldwell Banker Hedges Realty / Beth Mackey
$229,000
Cedar Rapids Area Single Family Home
Active
1308 A Avenue NW Cedar Rapids, IA 52405
4 Bed
2 Baths
2126 sqft
MLS# 2504411
Welcome to this spacious and beautifully maintained home offering over 2,000 square feet of comfortable living space in a quiet, tree-lined neighborhood. With 4 generously sized bedrooms and 2 full bathrooms, this home provides the perfect blend of space, style, and function. The heart of the home features a modern kitchen with brand-new appliances, perfect for home chefs and entertainers alike. Enjoy the convenience of main-level laundry, and relax in the multiple living areas that offer plenty of room to spread out. One of the standout features is the massive 4-stall garage with new garage doors and siding, accessible from the alley—ideal for car enthusiasts, hobbyists, or anyone in need of serious storage. The home also boasts dual-zone heating and air conditioning, ensuring year-round comfort and energy efficiency. Nestled on a picturesque street with mature trees, this home combines suburban charm with modern convenience. Don’t miss your chance to own this exceptional property with unbeatable garage space and thoughtful upgrades throughout.
Listing Courtesy of CEDAR RAPIDS / Coldwell Banker Hedges Realty / Beth Mackey
