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$135,000

605 4th St SW Cedar Rapids, IA 52404

1,720 sqft
0.07 acres
$78 / sqft
Multi-Family

Property details

About 605 4th St SW

Great Investment opportunity with this Fully Occupied 4 Unit Building. Rents for the units are 500, 435, 440, and 440. Tenants pay all utilities. 24 Hour notice required for Showings.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingWall/Window Unit(s)
Size1,720 sqft
Lot size0.074 Acres
Year built1900
MLS #2506245

Virtual tour

Summary

  • Heating: Forced Air, Natural Gas
  • Cooling: Wall/Window Unit(s)
  • List Price: $135,000
  • Price/SqFt: $78
  • Annual Tax Amount: $2,122
  • Tax Year: 2023
  • Year Built: 1900
  • Living Area: 1,720 SqFt
  • Lot Size: 0.074 Acres
  • MLS Number: 2506245
  • MLS Name: CDR
  • Office Name: Affinity Real Estate Services
  • Office Phone: (319) 393-0814
  • Office Email: bryant@apmia.com
  • Listing Agent: Shannon Annis

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: 7/18/2025, 9:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 15, 2019
Home Sold
$75,000

Tax history

YearAssessmentProperty Tax
2023$107,900$2,122
2021$82,100$2,004
2020$80,700$2,242
2018$61,400$1,822

History based on county public records data.

Nearby schools

1

Taylor Elementary

Public District PK-5

0.2 mi

720 7th Ave SW

3

Harrison Elementary

Public District PK-5

1.3 mi

1310 11th St NW

3

Grant Elementary

Public District KG-5

1.3 mi

254 Outlook Dr SW

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 $37,711. Typical income of Cedar Rapids, IA residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

46%
<35k
45%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Books-a-MillionBooks-a-Million
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • White CastleWhite Castle
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ToyotaToyota
  • ChevroletChevrolet
  • KiaKia

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • RockRock
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 605 4th St SW

The listing price of 605 4th St SW property is $135,000.

The property 605 4th St SW is a multi located in Cedar Rapids, Iowa, 52404.

Active Listing: 605 4th St SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 605 4th St SW are: Taylor Elementary (GreatSchools Rating 1/10), Harrison Elementary (GreatSchools Rating 3/10), Grant Elementary (GreatSchools Rating 3/10), Roosevelt Middle School (GreatSchools Rating 2/10), Wilson Middle School (GreatSchools Rating 5/10), McKinley Middle School (GreatSchools Rating 2/10), Metro High School (GreatSchools Rating 1/10), Jefferson High School (GreatSchools Rating 2/10), Washington High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $2,122 (source: MLS/based on county public records data).

The last sale was on July 15, 2019 for $75,000 (source: MLS/tax record).

The property 605 4th St SW is 1,720 SqFt (source: MLS/tax record).

The year of construction for 605 4th St SW is 1900.

This home is located at 605 4th St SW in Cedar Rapids, IA and zip code 52404 in the Taylor neighborhood. This 1,720 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $135,000.

Over 60 listings were sold over their listed price in June 2025 in Cedar Rapids, IA. In the same period over 80 listings were sold below the listed price and 56 listings were sold for the listed price. The number of homes for sale in Cedar Rapids, IA decreased by 2.6% between May and June 2025. The median list price of listings available in June 2025 was $202,366, while the average time on the real estate market was 26 days.

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

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