Tour
$1,366 Closing Credit¹
#2502593, Cherokee Render, Listing Office: Keller Williams Legacy Group
$120,000 List price
1512 7th Ave SE Cedar Rapids, IA 52403
$1,425
Closing credit¹
3 beds
1 full
1,232 sqft
0.1 acres
$97 / sqft
House
Property details
About 1512 7th Ave SE
Looking for stable cash flow and long-term appreciation in one of the Midwest’s most investor-friendly markets? This turnkey portfolio in Cedar Rapids, IA is the perfect addition to your rental holdings. Whether you're a local investor or an out-of-state buyer looking to expand in the Midwest, this package offers immediate rental income, strong tenant demand, and a market with steady growth. Serious investors, let’s connect! Contact me today for financials, rental breakdowns, and to discuss how these properties can fit into your investment strategy. Sold with MLS 2502222,2502224,2502230 are listed as a portfolio for $595K. Subject to 1031 Exchange. Listing agent is related to one of the owners.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,232 sqft
BasementYes
Lot size0.13 Acres
Year built1914
ParkingDetached, Garage, Off Street
MLS #2502224
Garage1 space
Virtual tour
Summary
- Full Bathrooms: 1
- Basement: Yes
- Interior: Dining Area, Upper Level Primary
- Total Bedroom Count: 3
- Garage Space: 1 space
- Parking: Detached, Garage, Off Street
- Architectural Style: Two Story
- Heating: Forced Air
- List Price: $120,000
- Price/SqFt: $97
- Annual Tax Amount: $1,270
- Tax Year: 2023
- Year Built: 1914
- Stories: 2
- Living Area: 1,232 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 2502224
- MLS Name: CDR
- Office Name: Fathom Realty
- Office Phone: (319) 693-2287
- Office Email: sellnwa@gmail.com
- Listing Agent: Marie Hancock
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: 5/2/2025, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$120,000
1512 7th Ave SE
$1,425
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 19, 2014 | Home Sold | $16,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $67,100 | $1,270 |
| 2021 | $53,100 | $1,100 |
| 2020 | $52,500 | $1,068 |
| 2018 | $49,700 | $1,042 |
History based on county public records data.
Nearby schools
1
Johnson STEAM Academy
Public District KG-5
0.4 mi
•355 18th St SE
1
Grant Wood Elementary
Public District PK-5
1.0 mi
•645 26th St SE
3
Garfield Elementary
Public District KG-5
1.4 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 $35,750. The majority of Cedar Rapids, IA residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
49%
<35k
49%
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?
44%
Single, No Kids
24%
Single, with Kids
15%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
White Castle
Church's Chicken
Golden Corral
What do the neighbors drive?
Chevrolet
Kia
Oldsmobile
What do the neighbors listen to?
Rock
Urban Adult Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1512 7th Ave SE
The listing price of 1512 7th Ave SE property is $120,000.
The property 1512 7th Ave SE is a house located in Cedar Rapids, Iowa, 52403.
Active Listing: 1512 7th Ave SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1512 7th Ave SE are: Johnson STEAM Academy (GreatSchools Rating 1/10), Grant Wood Elementary (GreatSchools Rating 1/10), Garfield Elementary (GreatSchools Rating 3/10), McKinley Middle School (GreatSchools Rating 2/10), Benjamin Franklin Middle School (GreatSchools Rating 4/10), Wilson Middle School (GreatSchools Rating 5/10), 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 $1,270 (source: MLS/based on county public records data).
The last sale was on September 19, 2014 for $16,000 (source: MLS/tax record).
The property at 1512 7th Ave SE has 3 bedrooms and 1 bathroom.
The property 1512 7th Ave SE is 1,232 SqFt (source: MLS/tax record).
The year of construction for 1512 7th Ave SE is 1914.
This home is located at 1512 7th Ave SE in Cedar Rapids, IA and zip code 52403 in the Wellington Heights neighborhood. This 1,232 square foot home, which was built in 1914, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $120,000.
Over 36 listings were sold over their listed price in April 2025 in Cedar Rapids, IA. In the same period over 77 listings were sold below the listed price and 47 listings were sold for the listed price. The number of homes for sale in Cedar Rapids, IA decreased by 3% between March and April 2025. In April 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $199,888.
From Rocket Homes Real Estate and based on county public records data.