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116 17th Street NE

Cedar Rapids, IA 52402
  • $210,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 2508114
UPDATED: 39 min ago
$210,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,438
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This very nice 5-plex on the desirable northeast side of town has been exceptionally well cared forno work needed, just move in and start collecting rent! Two of the units feature private decks off the back, offering added appeal to tenants. The property also includes a two-stall garage and ample off-street parking. Rent rolls are strong, making this a great investment opportunity in a market where multi-family properties like this are hard to find. Don't miss your chance to own a turnkey building in a great location! Seller is licensed in Iowa

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© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. 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 deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2025-11-13T09:42:37.567.
www.cedarrapidsareahomes.com/homes/168213814
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116 17th Street NE Cedar Rapids, IA 52402

  • Price: $210,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 39 min ago
  • MLS #: 2508114
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,438
SQFT
$86
$/SQFT
1900
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Elementary School:
Trailside
Middle School:
Franklin
High School:
Washington
Property Description
This very nice 5-plex on the desirable northeast side of town has been exceptionally well cared forno work needed, just move in and start collecting rent! Two of the units feature private decks off the back, offering added appeal to tenants. The property also includes a two-stall garage and ample off-street parking. Rent rolls are strong, making this a great investment opportunity in a market where multi-family properties like this are hard to find. Don't miss your chance to own a turnkey building in a great location! Seller is licensed in Iowa
Exterior Features

Construction Materials Frame Vinyl Siding Garage YN Yes Parking Features Parking Space(s) Parking Total 2

Interior Features

Basement Full Basement YN Yes Heating Gas Hot Water Heating YN Yes Laundry Features Common Area

Property Features

Gross Income 36000 Net Operating Income 23948 Operating Expense 12052 Owner Pays Electricity Gas Water Possession Negotiable Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 2692 Water Source Public

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Chris Puckett of Realty87: 319-378-8760.
© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. 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 deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2025-11-13T09:42:37.567.
 
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