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3403 1st Avenue

Cedar Rapids, IA 52403
  • $750,000
  • STATUS: Active
  • ON SITE: 381 Days
  • MLS #: 2502261
UPDATED: 39 min ago
$750,000
  • 0
    BEDS
  • 0.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,154
    SQFT
  • $82
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

House Legal Description: EAST KENWOOD PARK W 40' STR/LB 16 1 Parcel Number for all 3 properties: 14113-26007-00000, 14113-26006-00000, 14113-26008-00000. Zoning for 3403, 3409 is traditional mixed-use center. Zoning for 114th 34th St Dr. SE is Suburban Residential Flex. All 3 Parcels are included in this listing. Redevelopment opportunity or investment income opportunity with great traffic counts just off a lighted intersection. Off street parking, rental income, and high visibility. 34th Street Drive SE is currently vacant. 10 of 12 units are currently rented between the red and white buildings. Square footage is of all 3 buildings. All information was provided by assessor's site and will need verified by buyer's agent.

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© 2026 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: 2026-04-19T13:42:35.433.
www.cedarrapidsareahomes.com/homes/162166288
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3403 1st Avenue Cedar Rapids, IA 52403

  • Price: $750,000
  • Status: Active
  • On Site: 381 Days
  • Updated: 39 min ago
  • MLS #: 2502261
0
Beds
0
Baths
0
½ Baths
0.73
Acres
9,154
SQFT
$82
$/SQFT
1930
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Elementary School:
Kenwood
Middle School:
Franklin
High School:
Washington
Property Description
House Legal Description: EAST KENWOOD PARK W 40' STR/LB 16 1 Parcel Number for all 3 properties: 14113-26007-00000, 14113-26006-00000, 14113-26008-00000. Zoning for 3403, 3409 is traditional mixed-use center. Zoning for 114th 34th St Dr. SE is Suburban Residential Flex. All 3 Parcels are included in this listing. Redevelopment opportunity or investment income opportunity with great traffic counts just off a lighted intersection. Off street parking, rental income, and high visibility. 34th Street Drive SE is currently vacant. 10 of 12 units are currently rented between the red and white buildings. Square footage is of all 3 buildings. All information was provided by assessor's site and will need verified by buyer's agent.
Exterior Features

Construction Materials Frame

Property Features

Gross Income 114000 Listing Terms Cash Conventional Net Operating Income 90603 Operating Expense 23397 Possession Immediately Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 9382 Water Source Public Zoning See Rema Zoning Description See Rema

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Travis Burke of Keller Williams Legacy Group: 319-423-4139.
© 2026 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: 2026-04-19T13:42:35.433.
 
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