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$1,781 Closing Credit¹
#2503810, Bryant Nicholson, Listing office: Affinity Real Estate Services
$123,000 List price
222 5th Ave SW Cedar Rapids, IA 52404
$1,461
Closing credit¹
2,274 sqft
0.2 acres
$54 / sqft
Multi-Family
Property details
About 222 5th Ave SW
Unlock the potential of this converted 4-unit building, perfect for first-time investors or owner-occupant landlords looking for a hassle-free rental opportunity. With a layout that maximizes functionality, these charming units create an inviting atmosphere ideal for those seeking affordability and simplicity. The common-area coin laundry adds convenience, ensuring a seamless experience for renters. For those looking to live and invest in one property, this building presents an excellent opportunity to occupy one unit while generating rental income from the others—a smart way to offset expenses while building equity. Tenants pay own electricity, Owner pays for water (sewer & trash), and common electricity. No gas at property. Seller will be completing a 1031 exchange as part of the sale. Please allow 72hr for showing requests.
Highlights
Home typeMulti Family
HeatingElectric
StatusSale Pending
(Pending)
(Pending)
CoolingWall/Window Unit(s)
Size2,274 sqft
BasementYes
Lot size0.193 Acres
Year built1890
ParkingParking Space(s)
MLS #2503630
Summary
- Basement: Yes
- Parking: Parking Space(s)
- Heating: Electric
- Cooling: Wall/Window Unit(s)
- List Price: $123,000
- Price/SqFt: $54
- Annual Tax Amount: $2,710
- Tax Year: 2023
- Year Built: 1890
- Living Area: 2,274 SqFt
- Lot Size: 0.193 Acres
- MLS Number: 2503630
- MLS Name: CDR
- Office Name: EPIC PROPERTY MANAGEMENT
- Office Phone: (319) 981-3242
- Office Email: office@epiciowa.com
- Listing Agent: Andy Petzold
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: 6/7/2025, 9:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$123,000
222 5th Ave SW
$1,461
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 22, 2019 | Home Sold | $48,000 |
| Mar 26, 2018 | Home Sold | $90,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $133,000 | $2,710 |
| 2021 | $128,500 | $3,136 |
| 2020 | $91,700 | $2,548 |
| 2018 | $75,300 | $2,234 |
History based on county public records data.
Nearby schools
1
Taylor Elementary
Public District PK-5
0.3 mi
•720 7th Ave SW
3
Harrison Elementary
Public District PK-5
1.2 mi
•1310 11th St NW
3
Grant Elementary
Public District KG-5
1.5 mi
•254 Outlook Dr SW
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 $23,077. Most Cedar Rapids, IA residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
65%
<35k
31%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
64%
Single, No Kids
17%
Single, with Kids
7%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
6%
12-17 yrs old
47%
18-34 yrs old
35%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Pro Boxing
Soccer
Where do the neighbors shop?
Express/Express For Men
Burlington
Forever 21
Where do the neighbors go to eat?
Starbucks
Popeyes
Dominos Pizza
What do the neighbors drive?
Pontiac
Dodge
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 222 5th Ave SW
The listing price of 222 5th Ave SW property is $123,000.
The property 222 5th Ave SW is a multi located in Cedar Rapids, Iowa, 52404.
Sale Pending: 222 5th Ave SW is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 222 5th Ave SW are: Taylor Elementary (GreatSchools Rating 1/10), Harrison Elementary (GreatSchools Rating 3/10), Grant Elementary (GreatSchools Rating 3/10), Roosevelt Middle School (GreatSchools Rating 2/10), McKinley Middle School (GreatSchools Rating 2/10), Wilson Middle School (GreatSchools Rating 5/10), Metro High School (GreatSchools Rating 1/10), Jefferson High School (GreatSchools Rating 2/10), Washington High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,710 (source: MLS/based on county public records data).
The last sale was on January 22, 2019 for $48,000 (source: MLS/tax record).
The property 222 5th Ave SW is 2,274 SqFt (source: MLS/tax record).
The year of construction for 222 5th Ave SW is 1890.
This home is located at 222 5th Ave SW in Cedar Rapids, IA and zip code 52404 in the Taylor neighborhood. This 2,274 square foot home, which was built in 1890, sits on a 0.19 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $123,000.
Cedar Rapids, IA housing market in May 2025 saw over 70 listings sold above listed price, more than 57 sold at listed price and over 67 sold below. The inventory of homes for sale in Cedar Rapids, IA between April and May 2025 decreased by 0.3%. In May 2025, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $199,973.
From Rocket Homes Real Estate and based on county public records data.