$225,000

1516 C Ave NE Unit A & B Cedar Rapids, IA 52402

$2,672
Closing credit¹
2,295 sqft
$98 / sqft
Multi-Family

Property details

About 1516 C Ave NE Unit A & B

2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to show. Unit A (Main Level)- 2 bedrooms, living room, separate dining room, full kitchen, full bath, and access to the back yard and parking spaces. Leased for $1125/mt. Unit B (Upper Level)- 3 bedroom, living room/dining room combo with open floor plan, full bath and extra storage. Leased for $1425/mt. Current Lease agreement 10/1/2024- 7/26/2025. ***Tenants may be home when showing the property.

Highlights

Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size2,295 sqft
BasementYes
Year built1935
ParkingParking Space(s)
MLS #2501128

Virtual tour

Summary

  • MLS Number: 2501128
  • MLS Name: CDR
  • Office Name: Urban Acres Real Estate Corridor
  • Office Phone: (800) 746-9464
  • Office Email: info@urbanacres.com
  • Listing Agent: Rob Mccain

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: 2/21/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade with entry steps and a front lawn

$225,000

1516 C Ave NE Unit A & B

$2,672

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

1

Johnson STEAM Academy

Public District KG-5

0.6 mi

355 18th St SE

3

Garfield Elementary

Public District KG-5

0.7 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. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

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 1516 C Ave NE Unit A & B in Cedar Rapids, IA and zip code 52402 in the Mound View neighborhood. This 2,295 square foot home was built in 1935. Features: 0 bathroom. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $225,000.

While more than 15 listings in Cedar Rapids, IA in January 2025 were sold above asking price, there were more than 22 listings sold at asking price, and more than 62 were sold below. The number of homes for sale in Cedar Rapids, IA decreased by 8.2% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $199,639.

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

More resources