1249 3rd Avenue Se
$290,000
1249 3rd Avenue Se, Cedar Rapids, IA 52403
For Sale
Multifamily
Active
Last Updated: 04/12/2025
2,776 sqft
Building Size
0.13 acres
Lot Area
Details:
Building Size: 2,776 sqft
Lot Area: 0.13 acres
Year Built: 1900
MlsNumber: 2500210
Highlights:
- Annual Tax: $ 1820.0
Description:
This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.
Location
Gallery
