#2408114, Jason Naaktgeboren, Listing Office: Pinnacle Realty LLC
938 18th Ave SW Cedar Rapids, IA 52404
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
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
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: 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.
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$90,000
938 18th Ave SW
$1,069
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 02, 2014 | Home Sold | $28,000 |
Tax history
Year | Assessment | Property 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.
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.
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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.