#2503728, Beth Mackey, Listing office: Realty87
$229,500 List price
116 15th St NE Cedar Rapids, IA 52402
3,565 sqft
0.06 acres
$64 / 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 updated 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
- Basement: Yes
- Exterior: Fence
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $229,500
- Price/SqFt: $64
- Annual Tax Amount: $2,316
- Tax Year: 2023
- Year Built: 1913
- Living Area: 3,565 SqFt
- Lot Size: 0.057 Acres
- MLS Number: 2501372
- MLS Name: CDR
- Office Name: Realty87
- Office Phone: (319) 731-2000
- Office Email: BillGrabe@realty87.com
- Listing Agent: Jeremy Trenkamp Real Estate Team
Provided 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: 7/17/2025, 4:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 22, 2005 | Home Sold | $62,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $30,633. Residents of Cedar Rapids, IA typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area 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?
Soccer
Pro Boxing- UFC
Where do the neighbors shop?
Forever 21
Burlington
Family Dollar
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Burger King
What do the neighbors drive?
Mazda
Dodge
Buick
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 116 15th St NE
The listing price of 116 15th St NE property is $229,500.
The property 116 15th St NE is a multi located in Cedar Rapids, Iowa, 52402.
Active Listing: 116 15th St NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 116 15th St NE are: Johnson STEAM Academy (GreatSchools Rating 1/10), Garfield Elementary (GreatSchools Rating 3/10), Arthur Elementary (GreatSchools Rating 5/10), McKinley Middle School (GreatSchools Rating 2/10), Benjamin Franklin Middle School (GreatSchools Rating 4/10), Roosevelt Middle School (GreatSchools Rating 2/10), Metro High School (GreatSchools Rating 1/10), Washington High School (GreatSchools Rating 3/10), Jefferson High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,316 (source: MLS/based on county public records data).
The last sale was on December 22, 2005 for $62,000 (source: MLS/tax record).
The property 116 15th St NE is 3,565 SqFt (source: MLS/tax record).
The year of construction for 116 15th St NE is 1913.
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 $229,500.
While more than 60 listings in Cedar Rapids, IA in June 2025 were sold above asking price, there were more than 56 listings sold at asking price, and more than 80 were sold below. The number of listings in Cedar Rapids, IA decreased by 2.6% between May and June 2025. In June 2025, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $202,366.
From Rocket Homes Real Estate and based on county public records data.