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$115,000

418 A Ave NW Cedar Rapids, IA 52405

1,384 sqft
0.2 acres
$83 / 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

  • Exterior: Fence
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $115,000
  • Price/SqFt: $83
  • Annual Tax Amount: $1,964
  • Tax Year: 2023
  • Year Built: 1890
  • Living Area: 1,384 SqFt
  • Lot Size: 0.2 Acres
  • 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

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: 7/17/2025, 2:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 03, 2016
Home Sold
$51,500

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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 most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

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/WNBANBA/WNBA
  • Pro BoxingPro Boxing
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • DodgeDodge
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 418 A Ave NW

The listing price of 418 A Ave NW property is $115,000.

The property 418 A Ave NW is a multi located in Cedar Rapids, Iowa, 52405.

Active Listing: 418 A Ave NW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 418 A Ave NW are: Taylor Elementary (GreatSchools Rating 1/10), Harrison Elementary (GreatSchools Rating 3/10), Cleveland Elementary (GreatSchools Rating 1/10), Roosevelt Middle School (GreatSchools Rating 2/10), McKinley Middle School (GreatSchools Rating 2/10), Wilson Middle School (GreatSchools Rating 5/10), Jefferson High School (GreatSchools Rating 2/10), Metro High School (GreatSchools Rating 1/10), Washington High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $1,964 (source: MLS/based on county public records data).

The last sale was on May 3, 2016 for $51,500 (source: MLS/tax record).

The property 418 A Ave NW is 1,384 SqFt (source: MLS/tax record).

The year of construction for 418 A Ave NW is 1890.

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 $115,000.

In June 2025 more than 60 listings in Cedar Rapids, IA were sold above the asking price. During the same period more than 56 listings were sold at asking price, while more than 80 were sold below. In June 2025 in Cedar Rapids, IA there were 2.6% less homes for sale than in May. In June 2025 median list price was $202,366 and the average listing age was 26 days.

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

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