Tour
$1,876 Closing Credit¹
#2502136, Warren Engelbart, Listing Office: REAL ESTATE AMERICA, INC.
$225,000 List price
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
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: 4/25/2025, 12:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$225,000
1516 C Ave NE Unit A & B
$2,672
closing credit¹
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Price information
Property sales
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Tax history
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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.
Neighborhood
The neighbors living near this home have an average income of $30,633. The most common annual income of people living in Cedar Rapids, IA is less than $<35k. 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
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.
In March 2025, from all listings sold in Cedar Rapids, IA there were more than 35 sold above asking price, over 104 sold below and more than 39 were sold right at the asked price. The number of listings in Cedar Rapids, IA increased by 11.4% between February and March 2025. The median list price of listings available in March 2025 was $199,927, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.