$249,900

116 15th St NE Cedar Rapids, IA 52402

$2,968
Closing credit¹
3,565 sqft
0.06 acres
$70 / sqft
Multi-Family

Property details

About 116 15th St NE

Loads of potential in this Cedar Rapids multiplex. The main floor offers 2 commercial spaces with an office, store front, storage and a single bathroom each. These units could be converted into residential rental units if needed. 2 main floor commercial units are currently vacant. Upstairs offers 2 separate 3-bedroom, 1-bathroom units. Each unit is fully furnished and furnishings are included. The upstairs units are currently rented by the single room and the units share the kitchen, living space. Current tenants are short-term contracts that can be extended if a new buyer chooses or the units could be rented as 2 separate 3-bedroom units. There are 4 HVAC units for each of the 2 commercial spaces and the 2 rental units upstairs. Updates include newer vinyl siding, windows and roof.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size3,565 sqft
BasementYes
Lot size0.057 Acres
Year built1913
MLS #2501372

Summary

  • MLS Number: 2501372
  • MLS Name: CDR
  • Office Name: COLDWELL BANKER HEDGES CORRIDOR
  • Office Phone: (319) 731-2000
  • Office Email: BillGrabe@cbhrealty.com
  • Listing Agent: Jeremy Trenkamp Real Estate Team

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of house featuring fence and metal roof

$249,900

116 15th St NE

$2,968

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 22, 2005
Home Sold
$62,000

Tax history

YearAssessmentProperty Tax
2023$106,400$2,316
2021$109,800$2,458
2020$97,200$2,364
2018$97,200$1,346

History based on county public records data.

Nearby schools

1

Johnson STEAM Academy

Public District KG-5

0.4 mi

355 18th St SE

3

Garfield Elementary

Public District KG-5

0.9 mi

1201 Maplewood Dr NE

5

Arthur Elementary

Public District PK-5

1.2 mi

2630 B Ave NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,633. Most Cedar Rapids, IA residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

71%
<35k
27%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
18%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
2%
12-17 yrs old
82%
18-34 yrs old
10%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • UFCUFC

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • Burger KingBurger King

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 116 15th St NE in Cedar Rapids, IA and zip code 52402 in the Mound View neighborhood. This 3,565 square foot home, which was built in 1913, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $249,900.

Cedar Rapids, IA housing market in February 2025 saw over 16 listings sold above listed price, more than 13 sold at listed price and over 65 sold below. The number of listings in Cedar Rapids, IA decreased by 5% between January and February 2025. Listings spent 52 days on the market in February 2025, and had a median list price of $199,815 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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