$145,000

728 4th Ave SE, Cedar Rapids, IA 52401

1,960 sqft

Multi-Family Home
Built in 1900
3,964sqft lot
—— car garage
$74/sqft
Listed 19 days ago

Property Description

Fully leased 5 Unit Property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must bed purchased with adjacent property 317 8th St SE, Cedar Rapids, MLS 2406835 parcel 14214-80002-00000. 24 Hour notice required.

Listing Status:: Active
Date Added:: October 17, 2025 at 05:00AM
Listing Office:: Affinity Real Estate Services : 319-393-0814
Listing Agent:: Bryant Nicholson : 319-393-0814
MLS ID:: 2508721

Basement: See Remarks
A/C: Wall/Window Unit(s)
Heating: Gas

Parking: Parking Space(s)Parking spaces: 3

General: Aluminum SidingFrame

Originating MLS: CDR_CDR
County: Linn

Zoning: O T NE 53' SE 75' STR/LB 6 60142148000100000

Water: Public
Sewer: Public Sewer

Source: CDR_CDR

This listing courtesy of Bryant Nicholson, Affinity Real Estate Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Grant Wood Elementary

645 26th St SE, Cedar Rapids, IA, 52403

Grades PK-5

1.46 miles away

McKinley Middle School

620 10th St SE, Cedar Rapids, IA, 52403

Grades 6-8

0.31 miles away

Washington High School

2205 Forest Dr SE, Cedar Rapids, IA, 52403

Grades 9-12

1.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.