Tour
$1,425 Closing Credit¹
#2502224, Marie Hancock, Listing office: Fathom Realty
$350,000 List price
821 3rd Ave SE Cedar Rapids, IA 52403
$4,156
Closing credit¹
3 beds
2 full, 4 partial
5,891 sqft
0.2 acres
$59 / sqft
House
Property details
About 821 3rd Ave SE
This property presents endless opportunities! Formerly a thriving restaurant, it is now poised for new ownership and a fresh business venture. Strategically located in a central hub between downtown, Newbo, and both hospitals, ensuring maximum visibility. A functional commercial elevator facilitates the transportation of large items between floors. Recently installed steel roof and meticulously maintained brick exterior. The main level is designed for guest entertainment, boasting a full-service kitchen, bar, multiple dining areas, and restrooms. Exquisite light fixtures and an abundance of character permeate throughout. Multiple entrances at the front and rear enable simultaneous operations. The lower level primarily serves as storage space, with ample room. Included in the sale are the furnishings and appliances. The upper two levels provide living areas, complete with a full kitchen, dining space, bar, bedrooms, bathrooms, and distinctive loft beds. This is an opportunity not to be missed! Selling AS IS
Highlights
Home typeSingle Family Residence
HeatingZoned, Forced Air, Natural Gas
StatusActive
CoolingZoned, Central Air, Wall/Window Unit(s)
Size5,891 sqft
BasementYes
Lot size0.193 Acres
Year built1870
ParkingAttached, Garage, Guest, Off Street
MLS #2500339
Garage1 space
FireplaceInsert, Family Room, Gas, Great Room
Virtual tour
Summary
- Partial Bathrooms: 4
- Full Bathrooms: 2
- Basement: Yes
- Interior: Dining Area, Separate/Formal Dining Room, Upper Level Primary
- Fireplace: Insert, Family Room, Gas, Great Room
- Total Bedroom Count: 3
- Garage Space: 1 space
- Parking: Attached, Garage, Guest, Off Street
- Heating: Zoned, Forced Air, Natural Gas
- Cooling: Zoned, Central Air, Wall/Window Unit(s)
- List Price: $350,000
- Price/SqFt: $59
- Annual Tax Amount: $9,286
- Tax Year: 2023
- Year Built: 1870
- Living Area: 5,891 SqFt
- Lot Size: 0.193 Acres
- MLS Number: 2500339
- MLS Name: CDR
- Office Name: Pinnacle Realty LLC
- Office Phone: (319) 393-0900
- Office Email: bfrink@pinnaclerealtyia.com
- Listing Agent: Ashley Letsch
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: 6/6/2025, 2:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
821 3rd Ave SE
$4,156
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 05, 2021 | Home Sold | $54,000 |
| Sep 05, 2012 | Home Sold | $275,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $419,500 | $9,286 |
| 2021 | $361,200 | $12,024 |
| 2020 | $361,300 | $5,686 |
| 2018 | $225,100 | $5,922 |
History based on county public records data.
Nearby schools
1
Johnson STEAM Academy
Public District KG-5
0.8 mi
•355 18th St SE
1
Taylor Elementary
Public District PK-5
1.3 mi
•720 7th Ave SW
3
Garfield Elementary
Public District KG-5
1.4 mi
•1201 Maplewood Dr NE
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 $28,750. Residents of Cedar Rapids, IA typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
59%
<35k
38%
35k-100k
2%
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?
91%
Single, No Kids
3%
Single, with Kids
4%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
1%
12-17 yrs old
34%
18-34 yrs old
41%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
UFC
Soccer
NBA/WNBA
Where do the neighbors shop?
Family Dollar
Forever 21
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Dominos Pizza
Starbucks
What do the neighbors drive?
Buick
Mazda
Pontiac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 821 3rd Ave SE
The listing price of 821 3rd Ave SE property is $350,000.
The property 821 3rd Ave SE is a house located in Cedar Rapids, Iowa, 52403.
Active Listing: 821 3rd Ave SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 821 3rd Ave SE are: Johnson STEAM Academy (GreatSchools Rating 1/10), Taylor Elementary (GreatSchools Rating 1/10), Garfield Elementary (GreatSchools Rating 3/10), McKinley Middle School (GreatSchools Rating 2/10), Benjamin Franklin Middle School (GreatSchools Rating 4/10), Roosevelt Middle School (GreatSchools Rating 2/10), Metro High School (GreatSchools Rating 1/10), Washington High School (GreatSchools Rating 3/10), Jefferson High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $9,286 (source: MLS/based on county public records data).
The last sale was on August 5, 2021 for $54,000 (source: MLS/tax record).
The property at 821 3rd Ave SE has 3 bedrooms and 2 full and 4 half bathrooms.
The property 821 3rd Ave SE is 5,891 SqFt (source: MLS/tax record).
The year of construction for 821 3rd Ave SE is 1870.
This home is located at 821 3rd Ave SE in Cedar Rapids, IA and zip code 52403 in the Oakhill Jackson neighborhood. This 5,891 square foot home, which was built in 1870, sits on a 0.19 acre lot. Features: 3 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $350,000.
While more than 70 listings in Cedar Rapids, IA in May 2025 were sold above asking price, there were more than 57 listings sold at asking price, and more than 67 were sold below. Between April and May 2025, Cedar Rapids, IA real estate market has seen decrease in the number of listings by 0.3%. In May 2025, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $199,973.
From Rocket Homes Real Estate and based on county public records data.