120 32nd St NE Cedar Rapids, IA 52402
Property details
About 120 32nd St NE
**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access.
Highlights
Virtual tour
Summary
- Parking: Parking Space(s)
- Heating: Electric, Forced Air
- Cooling: Central Air
- List Price: $1,375,000
- Price/SqFt: $103
- Annual Tax Amount: $12,742
- Tax Year: 2023
- Year Built: 1970
- Living Area: 13,248 SqFt
- Lot Size: 0.53 Acres
- MLS Number: 2407195
- MLS Name: CDR
- Office Name: LEPIC-KROEGER, REALTORS
- Office Phone: (319) 351-8811
- Office Email: erik@lkriowa.com
- Listing Agent: Matthew Lepic
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: 6/28/2025, 9:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,375,000
120 32nd St NE
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 05, 2023 | Home Sold | $1,150,000 |
Feb 03, 2023 | Home Sold | $737,000 |
Jan 08, 2021 | Home Sold | $400,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $623,600 | $12,742 |
2021 | $604,100 | $14,738 |
2020 | $455,300 | $12,654 |
2018 | $435,100 | $12,912 |
History based on county public records data.
Nearby schools
5
Arthur Elementary
Public District PK-5
0.5 mi
•2630 B Ave NE
3
Kenwood Leadership Academy
Public District PK-5
0.5 mi
•3700 E Ave NE
3
Garfield Elementary
Public District KG-5
1.3 mi
•1201 Maplewood Dr 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 $39,180. Residents of Cedar Rapids, IA typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
Frequently asked questions
About 120 32nd St NE
The listing price of 120 32nd St NE property is $1,375,000.
The property 120 32nd St NE is a multi located in Cedar Rapids, Iowa, 52402.
Active Listing: 120 32nd St NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 120 32nd St NE are: Arthur Elementary (GreatSchools Rating 5/10), Kenwood Leadership Academy (GreatSchools Rating 3/10), Garfield Elementary (GreatSchools Rating 3/10), Benjamin Franklin Middle School (GreatSchools Rating 4/10), Harding Middle School (GreatSchools Rating 7/10), McKinley Middle School (GreatSchools Rating 2/10), Washington High School (GreatSchools Rating 3/10), Marion High School (GreatSchools Rating 6/10), Kennedy High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $12,742 (source: MLS/based on county public records data).
The last sale was on June 5, 2023 for $1,150,000 (source: MLS/tax record).
The property 120 32nd St NE is 13,248 SqFt (source: MLS/tax record).
The year of construction for 120 32nd St NE is 1970.
This home is located at 120 32nd St NE in Cedar Rapids, IA and zip code 52402 in the Kenwood Park neighborhood. This 13,248 square foot home, which was built in 1970, sits on a 0.53 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $1,375,000.
In May 2025 more than 70 listings in Cedar Rapids, IA were sold above the asking price. During the same period more than 57 listings were sold at asking price, while more than 67 were sold below. The number of homes for sale in Cedar Rapids, IA decreased by 0.3% between April and May 2025. While the average time on the market in May 2025 was 24 days, the median list price was $199,973.