$1,425,000

120 32nd St NE Cedar Rapids, IA 52402

$10,000
Closing credit¹
13,248 sqft
0.5 acres
$108 / sqft
Multi-Family

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

Home typeMulti Family
HeatingElectric, Forced Air
StatusActive
CoolingCentral Air
Size13,248 sqft
Lot size0.53 Acres
Year built1970
ParkingParking Space(s)
MLS #2407195

Virtual tour

Summary

  • 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

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: 3/15/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property

$1,425,000

120 32nd St NE

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 05, 2023
Home Sold
$1,150,000
Feb 03, 2023
Home Sold
$737,000
Jan 08, 2021
Home Sold
$400,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,180. The most common annual income of people living in Cedar Rapids, IA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

44%
<35k
55%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

55%
Single, No Kids
14%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
6%
12-17 yrs old
32%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • College BasketballCollege Basketball
  • SoccerSoccer

Where do the neighbors shop?

  • Books-a-MillionBooks-a-Million
  • DillardsDillards
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Logan's RoadhouseLogan's Roadhouse
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • ToyotaToyota
  • HyundaiHyundai
  • MazdaMazda

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • RockRock
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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 $1,425,000.

While more than 16 listings in Cedar Rapids, IA in February 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 65 were sold below. Between January and February 2025, Cedar Rapids, IA real estate market has seen decrease in the number of listings by 5%. 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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