Tour
$1,424 Closing Credit¹
#2500567, Ross Nusser, Listing Office: Urban Acres Real Estate Corridor
$120,000 List price
418 A Ave NW Cedar Rapids, IA 52405
$1,425
Closing credit¹
1,384 sqft
0.2 acres
$87 / sqft
Multi-Family
Property details
About 418 A Ave NW
Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,384 sqft
Lot size0.2 Acres
Year built1890
MLS #2501481
Virtual tour
Summary
- MLS Number: 2501481
- MLS Name: CDR
- Office Name: Keller Williams Legacy Group
- Office Phone: (319) 423-4139
- Office Email: michellebennettrealtor@gmail.com
- Listing Agent: Mark Christianson
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: 4/20/2025, 12:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$120,000
418 A Ave NW
$1,425
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 03, 2016 | Home Sold | $51,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $93,000 | $1,964 |
| 2021 | $85,800 | $1,778 |
| 2020 | $73,900 | $1,334 |
| 2018 | $59,400 | $1,244 |
History based on county public records data.
Nearby schools
1
Taylor Elementary
Public District PK-5
0.4 mi
•720 7th Ave SW
3
Harrison Elementary
Public District PK-5
0.8 mi
•1310 11th St NW
1
Cleveland Elementary
Public District PK-5
1.3 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 $23,077. The majority of Cedar Rapids, IA residents have income less than $<35k annually. The majority of families are single, no kids. Most 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
Similar homes for sale
This home is located at 418 A Ave NW in Cedar Rapids, IA and zip code 52405 in the Northwest Area neighborhood. This 1,384 square foot home, which was built in 1890, sits on a 0.20 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $120,000.
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. In March 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $199,927.
From Rocket Homes Real Estate and based on county public records data.