$90,000

938 18th Ave SW Cedar Rapids, IA 52404

$1,069
Closing credit¹
2 beds
1 full
760 sqft
0.1 acres
$118 / sqft
House

Property details

About 938 18th Ave SW

Looking for stable cash flow and long-term appreciation in one of the Midwest’s most investor-friendly markets? This turnkey portfolio in Cedar Rapids, IA is the perfect addition to your rental holdings. Whether you're a local investor or an out-of-state buyer looking to expand in the Midwest, this package offers immediate rental income, strong tenant demand, and a market with steady growth. Serious investors, let’s connect! Contact me today for financials, rental breakdowns, and to discuss how these properties can fit into your investment strategy. Sold with MLS 2502222,2502224,2502230,2502217,2501425 are listed as a portfolio for $745K. Subject to 1031 Exchange. Listing agent is related to one of the owners.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size760 sqft
BasementYes
Lot size0.13 Acres
Year built1930
ParkingGarage
MLS #2502217
Garage2 spaces

Virtual tour

Summary

  • MLS Number: 2502217
  • MLS Name: CDR
  • Office Name: Fathom Realty
  • Office Phone: (319) 693-2287
  • Office Email: sellnwa@gmail.com
  • Listing Agent: Marie Hancock

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: 4/18/2025, 12:55:48 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

bungalow-style house with a front lawn and fence

$90,000

938 18th Ave SW

$1,069

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 02, 2014
Home Sold
$28,000

Tax history

YearAssessmentProperty Tax
2023$79,400$1,536
2021$65,200$1,350
2020$63,300$1,360
2018$59,700$1,252

History based on county public records data.

Nearby schools

1

Taylor Elementary

Public District PK-5

0.6 mi

720 7th Ave SW

3

Grant Elementary

Public District KG-5

1.1 mi

254 Outlook Dr SW

1

Cleveland Elementary

Public District PK-5

1.3 mi

2200 1st Ave NW

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 $46,719. Typical income of Cedar Rapids, IA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

36%
<35k
54%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

50%
Single, No Kids
12%
Single, with Kids
21%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Books-a-MillionBooks-a-Million
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • ToyotaToyota
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult HitsAdult Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Cedar Rapids, IA

About 938 18th Ave SW

This home is located at 938 18th Ave SW in Cedar Rapids, IA and zip code 52404. This 760 square foot home, which was built in 1930, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $90,000.

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 inventory of homes for sale in Cedar Rapids, IA between February and March 2025 increased by 11.4%. 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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