720 E Ave NW Cedar Rapids, IA
$ 135,000
Property Attributes
  • MLS#202105113
  • TypeMulti-Family
  • CountyLINN
  • CityCedar Rapids
  • AreaOut Of Area
  • Zip52405
  • StyleMulti-Family
  • Year Built1900
  • Taxes$ 3347
  • Price$ 135,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1848
  • Lot Size5,600 SqFt
Listing Provided Courtesy Of:
Iowa Realty, Inc. - CR
Data Source:
Iowa City Area Association Of REALTORS® (ICAAR) - 549 - IA
Property Description

Investment Income! Clean & well taken care of tri- plex with vinyl siding, newer roof, updated windows, and completely updated after 2008. 2/3 units are occupied. The large main floor (unit 1) offers 2 bed, 1 large bath/laundry room, open floor plan front to back, back porch that leads to the back patio and alley. Second floor (Unit 2) offers an efficiency w/ a full kitchen w/ new refrigerator, and large ¾ bath that leads to a large closet which is currently vacant. (Unit 3) has a 1 bed, 1 bath with an updated kitchen. All units offer separate electric and gas meters. One water heater is located on the main floor. This property is a great jump start for a beginner investor.

Elementary School Middle School High School
Harrison Elementary School Roosevelt Middle School Jefferson High School
Price History
9/13/2021 Listed $145,000
10/2/2021 7% - $135,000

General Features

Bank Owned No
Basement Full
City Cedar Rapids
Construction Frame
County Linn
DOM 71
Directions E ave NW to 720
Elementary School Harrison
Expenses 4719
Grossincome 17820
Heating Window/Wall Units, Gas, Forced Air
High School Jefferson
Middle School Roosevelt
New Construction No
Postal Code 52405
Primary City Cedar Rapids
Property Type MULTI-FAMILY
Sale/lease For Sale
Showing Instructions ShowingTime
Status Active
Street Name E Ave NW
Subdivision IA
Type Multi-Family
Virtual Tour
Year Built 1900

Interior Features

Elevators No
Internet Yes
Total Number of Units 3
Unit1 Living Room Yes
Unit2 Monthly Rent 385

Exterior Features

Lot Dimensions 40x140
Parking Spaces 2 Car
Water/Sewer City Sewer, City Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 52405

AVG $1.31M
AVG $3,618
Year Built
AVG 1948
AVG 45
Data Provided by Walkscore ® not using MLS data

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