$129,950

514 40th St NE Cedar Rapids, IA 52402

$1,543
Closing credit¹
2 beds
1 full
768 sqft
$169 / sqft
House

Property details

About 514 40th St NE

The perfect starter home! Hurry to see this nicely updated ranch, ready for new owners. Two spacious bedrooms, updated flooring & fixtures, brand new siding, newer windows and fully fenced yard. Outside patio area, play area, and great location! This home is a perfect starter home or money making rental. No garage currently, but the lot would support a one or two car garage, ask your lender about writing it in the offer, to be built prior to closing! Appliances on disclosure. Don't wait!

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCentral Air
Size768 sqft
Year built1959
ParkingGarage, None, On Street, See Remarks
MLS #2502732
Garage1 space

Virtual tour

Summary

  • MLS Number: 2502732
  • MLS Name: CDR
  • Office Name: Teri Graf Real Estate Team
  • Office Phone: (319) 981-1748
  • Office Email: teri@terigraf.com
  • Listing Agent: Teri Graf

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: 4/19/2025, 3:20:48 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

ranch-style home featuring a front lawn and a shingled roof

$129,950

514 40th St NE

$1,543

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 03, 2018
Home Sold
$82,000

Tax history

YearAssessmentProperty Tax
2023$101,600$1,966
2021$83,700$1,734
2020$79,100$1,646
2018$63,400$1,328

History based on county public records data.

Nearby schools

3

Kenwood Leadership Academy

Public District PK-5

0.3 mi

3700 E Ave NE

3

Wright Elementary

Public District PK-5

1.0 mi

1524 Hollywood Blvd NE

5

Arthur Elementary

Public District PK-5

1.1 mi

2630 B Ave NE

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 $42,846. Residents of Cedar Rapids, IA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

36%
<35k
59%
35k-100k
5%
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?

51%
Single, No Kids
11%
Single, with Kids
25%
Married, No Kids
13%
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
26%
18-34 yrs old
39%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Mexican League SoccerMexican League Soccer
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Forever 21Forever 21
  • Books-a-MillionBooks-a-Million
  • DillardsDillards

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Church's ChickenChurch's Chicken
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • MazdaMazda
  • ToyotaToyota
  • HyundaiHyundai

What do the neighbors listen to?

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

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Frequently asked questions

About 514 40th St NE

This home is located at 514 40th St NE in Cedar Rapids, IA and zip code 52402 in the Kenwood Park neighborhood. This 768 square foot home was built in 1959. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $129,950.

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.

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