Tour
#2503075, Randon Hill, Listing office: Epique Realty
Property details
About 702 9th St SW
Turnkey Triplex–Fully Renovated and Ready for Cash Flow! Don't miss this exceptional investment opportunity on the quiet SW side of Cedar Rapids! Clean and fully updated its ready for a new owner to start collecting income immediately. Recent renovations within the last 6 years include: new roof, siding, windows, paint, flooring, full kitchen and bathroom remodels, and updated mechanicals—all separated for tenant convenience. Each unit has its own electric meter, while the owner covers water. The building is currently vacant, allowing for easy showings and flexibility for owner-occupants or new tenant placements. Rental History: (2) One-bedroom units previously rented at $675 and $715 (1) Three-bedroom upper unit previously rented at $1,040The property also features alley access, a detached garage, and low-maintenance exterior. This is a perfect addition to your rental portfolio or a great start for a first-time investor!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,303 sqft
Lot size0.176 Acres
Year built1905
MLS #2504710
Summary
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $199,000
- Price/SqFt: $86
- Annual Tax Amount: $3,268
- Tax Year: 2023
- Year Built: 1905
- Living Area: 2,303 SqFt
- Lot Size: 0.176 Acres
- MLS Number: 2504710
- MLS Name: CDR
- Office Name: Realty87
- Office Phone: (319) 731-2000
- Office Email: BillGrabe@realty87.com
- Listing Agent: Jeremy Trenkamp Real Estate Team
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: 7/21/2025, 3:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 02, 2020 | Home Sold | $180,000 |
| Oct 31, 2019 | Home Sold | $30,000 |
| Feb 23, 2018 | Home Sold | $21,500 |
| Jun 06, 2016 | Home Sold | $11,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $162,700 | $3,268 |
| 2021 | $154,900 | $3,780 |
| 2020 | $97,400 | $604 |
| 2018 | $22,200 | $658 |
History based on county public records data.
Nearby schools
1
Taylor Elementary
Public District PK-5
0.2 mi
•720 7th Ave SW
1
Cleveland Elementary
Public District PK-5
1.1 mi
•2200 1st Ave NW
3
Harrison Elementary
Public District PK-5
1.2 mi
•1310 11th St NW
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 $37,711. Most Cedar Rapids, IA residents have annual incomes 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?
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 Soccer
Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Books-a-Million
Family Dollar
Big Lots
Where do the neighbors go to eat?
Church's Chicken
White Castle
Golden Corral
What do the neighbors drive?
Toyota
Chevrolet
Kia
What do the neighbors listen to?
Adult Hits
Rock- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 702 9th St SW
The listing price of 702 9th St SW property is $199,000.
The property 702 9th St SW is a multi located in Cedar Rapids, Iowa, 52404.
Active Listing: 702 9th St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 702 9th St SW are: Taylor Elementary (GreatSchools Rating 1/10), Cleveland Elementary (GreatSchools Rating 1/10), Harrison 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), 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 $3,268 (source: MLS/based on county public records data).
The last sale was on April 2, 2020 for $180,000 (source: MLS/tax record).
The property 702 9th St SW is 2,303 SqFt (source: MLS/tax record).
The year of construction for 702 9th St SW is 1905.
This home is located at 702 9th St SW in Cedar Rapids, IA and zip code 52404 in the Taylor neighborhood. This 2,303 square foot home, which was built in 1905, sits on a 0.18 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $199,000.
Cedar Rapids, IA housing market in June 2025 saw over 60 listings sold above listed price, more than 56 sold at listed price and over 80 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.