$2,968 Closing Credit¹
#2501372, Jeremy Trenkamp Real Estate Team, Listing Office: COLDWELL BANKER HEDGES CORRIDOR
$240,000 List price
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 are listed as a portfolio for $595K. 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
- Parking: Parking Space(s)
- Heating: Forced Air
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $240,000
- Price/SqFt: $74
- Annual Tax Amount: $3,504
- Tax Year: 2023
- Year Built: 1967
- Living Area: 3,240 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 2502230
- 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: 5/16/2025, 4:20:28 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
$240,000
1912 A Ave NE
$2,850
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 16, 2021 | Home Sold | $200,000 |
| Mar 04, 2019 | Home Sold | $175,000 |
| Feb 01, 2016 | Home Sold | $135,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $52,013. Residents of Cedar Rapids, IA typically earn between $35k-100k each year. Typical family type is 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 Basketball
Figure Skating
Soccer
Where do the neighbors shop?
Dillards
Chico's
Forever 21
Where do the neighbors go to eat?
Logan's Roadhouse
Bob Evans
Dominos Pizza
What do the neighbors drive?
Hyundai
Oldsmobile
Mazda
What do the neighbors listen to?
Rock
News
Rhythmic 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.
In April 2025 more than 36 listings in Cedar Rapids, IA were sold above the asking price. During the same period more than 47 listings were sold at asking price, while more than 77 were sold below. In April 2025 in Cedar Rapids, IA there were 3% less homes for sale than in March. The median list price of listings available in April 2025 was $199,888, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.