$240,000

1912 A Ave NE Cedar Rapids, IA 52402

$2,850
Closing credit¹
3,240 sqft
0.2 acres
$74 / sqft
Multi-Family

Property details

About 1912 A Ave NE

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 2502222,2502224,2502230,2502217,2501425 are listed as a portfolio for $745K. Subject to 1031 Exchange. Not selling the properties separately***

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size3,240 sqft
Lot size0.17 Acres
Year built1967
ParkingParking Space(s)
MLS #2502230

Virtual tour

Summary

  • MLS Number: 2502230
  • MLS Name: CDR
  • Office Name: Fathom Realty
  • Office Phone: (319) 693-2287
  • Office Email: sellnwa@gmail.com
  • Listing Agent: Marie Hancock

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: 4/18/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house with driveway and fence

$240,000

1912 A Ave NE

$2,850

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 16, 2021
Home Sold
$200,000
Mar 04, 2019
Home Sold
$175,000
Feb 01, 2016
Home Sold
$135,000

Tax history

YearAssessmentProperty Tax
2023$194,800$3,504
2021$139,200$3,396
2020$128,400$3,568
2018$128,400$3,810

History based on county public records data.

Nearby schools

1

Johnson STEAM Academy

Public District KG-5

0.6 mi

355 18th St SE

5

Arthur Elementary

Public District PK-5

0.7 mi

2630 B Ave NE

3

Garfield Elementary

Public District KG-5

0.8 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 $52,013. The majority of Cedar Rapids, IA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

31%
<35k
63%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

63%
Single, No Kids
13%
Single, with Kids
16%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Figure SkatingFigure Skating
  • SoccerSoccer

Where do the neighbors shop?

  • DillardsDillards
  • Chico'sChico's
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • HyundaiHyundai
  • OldsmobileOldsmobile
  • MazdaMazda

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 1912 A Ave NE in Cedar Rapids, IA and zip code 52402 in the Mound View neighborhood. This 3,240 square foot home, which was built in 1967, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $240,000.

While more than 35 listings in Cedar Rapids, IA in March 2025 were sold above asking price, there were more than 39 listings sold at asking price, and more than 104 were sold below. The number of homes for sale in Cedar Rapids, IA increased by 11.4% between February and March 2025. Listings spent 44 days on the market in March 2025, and had a median list price of $199,927 during the same period.

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

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