$125,000

500 C Ave NW Unit A-B Cedar Rapids, IA 52405

$1,484
Closing credit¹
965 sqft
0.05 acres
$130 / sqft
Multi-Family

Property details

About 500 C Ave NW Unit A-B

Investment Opportunity! This 1 bed/1bath duplex has undergone a large remodel in both units, and is currently occupied. The landlord covers water expenses, while tenants are responsible for electricity and gas. A well-maintained property offering stable occupancy, and updated living spaces. Please allow 48 hours notice to tenants prior to scheduling showing. Inquire with listing agent for financials.

Highlights

Home typeMulti Family
HeatingElectric, Forced Air
StatusActive
CoolingCentral Air
Size965 sqft
Lot size0.052 Acres
Year built1890
MLS #2500567

Virtual tour

Summary

  • MLS Number: 2500567
  • MLS Name: CDR
  • Office Name: Urban Acres Real Estate Corridor
  • Office Phone: (800) 746-9464
  • Office Email: info@urbanacres.com
  • Listing Agent: Ross Nusser

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: 3/14/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of home's exterior featuring a lawn and covered porch

$125,000

500 C Ave NW Unit A-B

$1,484

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

1

Taylor Elementary

Public District PK-5

0.5 mi

720 7th Ave SW

3

Harrison Elementary

Public District PK-5

0.7 mi

1310 11th St NW

1

Cleveland Elementary

Public District PK-5

1.2 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. The most common annual income of people living in Cedar Rapids, IA is less than $<35k. Residents typically live in single, no kids family. 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

Similar homes for sale

This home is located at 500 C Ave NW Unit A-B in Cedar Rapids, IA and zip code 52405 in the Northwest Area neighborhood. This 965 square foot home, which was built in 1890, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $125,000.

Cedar Rapids, IA housing market in February 2025 saw over 16 listings sold above listed price, more than 13 sold at listed price and over 65 sold below. Between January and February 2025, Cedar Rapids, IA real estate market has seen decrease in the number of listings by 5%. In February 2025 median list price was $199,815 and the average listing age was 52 days.

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

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