$2,136 Closing Credit¹
#2501900, Jeremy Trenkamp Real Estate Team, Listing Office: COLDWELL BANKER HEDGES CORRIDOR
$165,000 List price
512/514 Mckinley St SE Cedar Rapids, IA 52403
$1,959
Closing credit¹
3,670 sqft
0.1 acres
$45 / sqft
Multi-Family
Property details
About 512/514 Mckinley St SE
Attention investors!!! Located in the MedQuarter, this unique multi-family home has three units rented and one of the 3-bedroom is being left vacant for showings (without notice). Tenants pay electrical and landlord pays Gas, Water/Garbage and maintains snow/lawn care). Excellent cashflow: Unit 1: $650. Unit 2 $650 Unit 3: $1,000 Unit 4: $1,000. Gas Average: $200 per month. Water/Garbage: $200/Month. A vacant 3 -bedroom is available for showing without notice. Vacant unit only will be shown prior to accepted offer. Property is being sold “AS IS”.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingWall/Window Unit(s)
Size3,670 sqft
Lot size0.11 Acres
Year built1900
MLS #2501784
Virtual tour
Summary
- MLS Number: 2501784
- MLS Name: CDR
- Office Name: Key Realty
- Office Phone: (319) 210-3533
- Office Email: cindy@keyiowa.com
- Listing Agent: Cindy Guckenberger
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: 4/4/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$165,000
512/514 Mckinley St SE
$1,959
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
1
Johnson STEAM Academy
Public District KG-5
0.7 mi
•355 18th St SE
1
Grant Wood Elementary
Public District PK-5
1.2 mi
•645 26th St SE
1
Taylor Elementary
Public District PK-5
1.4 mi
•720 7th Ave 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 $36,500. The most common annual income of people living in Cedar Rapids, IA is less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
50%
<35k
38%
35k-100k
12%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
21%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
34%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Extreme Sports
Where do the neighbors shop?
Family Dollar
Big Lots
Sam's Club
Where do the neighbors go to eat?
White Castle
Golden Corral
Church's Chicken
What do the neighbors drive?
Chevrolet
Kia
Oldsmobile
What do the neighbors listen to?
Rock
Adult Standards
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 512/514 Mckinley St SE in Cedar Rapids, IA and zip code 52403 in the Wellington Heights neighborhood. This 3,670 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $165,000.
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. The median list price of listings available in March 2025 was $199,927, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.