$2,375 Closing Credit¹
#2501471, Chris Puckett, Listing Office: COLDWELL BANKER HEDGES
$249,900 List price
263 Wilson Ave SW Cedar Rapids, IA 52404
$2,968
Closing credit¹
5 beds
3 full
2,072 sqft
0.4 acres
$121 / sqft
House
Property details
About 263 Wilson Ave SW
The cap rate for this property is 13.4% This property is an incredible opportunity for any kind of investor. Two rental houses on one property. Double your rental income monthly. This very unique opportunity in the Cedar Rapids metro area. both dwellings have been COMPLETELY UPDATED!!. The property consists of a single family home TUnique opportunity in the Cedar Rapids metro area. both dwellings have been completely updated. The property consists of a single family home (front of property) with three bedrooms and two bathrooms and an accessory dwelling unit (ADU) with two bedrooms and one bathroom (rear of property). There are two garages, both consisting of separate individual parking spaces. The opportunities are endless with the possibility of owner occupying one structure and leasing the other either on a short term basis or longer term, lease both structures, or use one as a work from home space. There is plenty of parking space.The property taxes you see are the total taxes of the two properties combined (information provided from city assessor site). The city recently combined the following two parcels into one new parcel to include all four structures: 143330100300000 (263 Wilson Ave) and 143330100400000 (265 Wilson Ave) are the parcel numbers showing on the assessor's site currently. The new parcel parcel number is 143330102300000. Utilities are separate for each house structure, and the mailing address the utility company uses are 263 Wilson for front house and 265 Wilson for the ADU.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,072 sqft
BasementYes
Lot size0.423 Acres
Year built1895
ParkingDetached, Four or more Spaces, Garage Door Opener
MLS #2502377
Virtual tour
Summary
- MLS Number: 2502377
- MLS Name: CDR
- Office Name: SKOGMAN REALTY
- Office Phone: (319) 366-6427
- Office Email: cskogman@skogman.com
- Listing Agent: Brad Oppedahl
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, 10:20:49 AM 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
$249,900
263 Wilson Ave SW
$2,968
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
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $122,700 | $2,290 |
| 2021 | $100,600 | $2,084 |
| 2020 | $92,500 | $1,988 |
| 2018 | $89,100 | $1,868 |
History based on county public records data.
Nearby schools
3
Grant Elementary
Public District KG-5
0.3 mi
•254 Outlook Dr SW
1
Taylor Elementary
Public District PK-5
1.1 mi
•720 7th Ave SW
1
Cleveland Elementary
Public District PK-5
2.1 mi
•2200 1st Ave NW
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 $66,719. Typical income of Cedar Rapids, IA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
28%
<35k
45%
35k-100k
25%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
8%
Single, with Kids
29%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Pro Boxing
Extreme Sports
Where do the neighbors shop?
Stein Mart
Family Dollar
Sam's Club
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Logan's Roadhouse
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 263 Wilson Ave SW
This home is located at 263 Wilson Ave SW in Cedar Rapids, IA and zip code 52404 in the Southwest Area neighborhood. This 2,072 square foot home, which was built in 1895, sits on a 0.42 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 5, 2025 and is currently priced at $249,900.
In March 2025 more than 35 listings in Cedar Rapids, IA were sold above the asking price. During the same period more than 39 listings were sold at asking price, while more than 104 were sold below. The inventory of homes for sale in Cedar Rapids, IA between February and March 2025 increased by 11.4%. In March 2025 median list price was $199,927 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.