Skip To Content

1912 A Avenue Ne

Cedar Rapids, IA 52402
  • $240,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 2502230
UPDATED: 62 min ago
$240,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,240
    SQFT
  • $74
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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. Not selling the properties separately***

Monthly Payment Calculator

© 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: 2025-04-20T10:42:35.54.
www.cedarrapidsareahomes.com/homes/162114129
Print Image

1912 A Avenue Ne Cedar Rapids, IA 52402

  • Price: $240,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 62 min ago
  • MLS #: 2502230
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,240
SQFT
$74
$/SQFT
1967
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Elementary School:
Johnson
Middle School:
Franklin
High School:
Washington
Property Description
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. Not selling the properties separately***
Exterior Features

Construction Materials Frame Vinyl Siding Parking Features Parking Space(s) Parking Total 6

Interior Features

Cooling Central Air Wall / Window Unit(s) Cooling YN Yes Heating Forced Air Heating YN Yes Laundry Features Common Area

Property Features

Association YN No Gross Income 36000 Listing Terms Cash Conventional See Remarks Net Operating Income 18693.12 Operating Expense 17307 Owner Pays Water Pets Allowed No Possession Close Of Escrow Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 3448 Tenant Pays Electricity Gas Water Source Public

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Marie Hancock of Fathom Realty: 319-693-2287.
© 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: 2025-04-20T10:42:35.54.
 
https://bt-photos.global.ssl.fastly.net/cedarrapids/orig_boomver_1_2502230-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/orig_boomver_1_2502230-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/orig_boomver_1_2502230-2.jpg
Logo
Graf Real Estate ERA Powered
2252 Blairs Ferry Road
Hiawatha IA, 52233