809 17th Street SE, Cedar Rapids, IA 52403

• 2,299 sqft

Property Description

Great Investment Opportunity on the SE side of Cedar Rapids! This well-maintained multifamily property features four fully leased units-three-1 bedroom units, and 1-3 bedroom unit. Each unit is individually metered for gas and electricity. Owner pays water/garbage/recycling, and common area heat and electric. A shared, coin-operated laundry is available in the basement for added tenant convenience. Recent improvements included a full renovation of unit 4, featuring all new windows, doors, and refrigerator, Two other units have received minor updates including three new windows, and the wooden entry steps to the building have been rebuilt. Located near schools, parks, and public transit, this property offers reliable rental income, and long-term investment potential.

Listing Status:

Active

Date Added:

May 9, 2025 at 05:00AM

Listing Office:

Urban Acres Real Estate Corridor : 800-746-9464

Listing Agent:

Ross Nusser : 800-746-9464

MLS ID:

2503359

Interior

• Laundry: Common Area
• Basement: Full
• A/C: Wall/Window Unit(s)
• Heating: Forced Air

Exterior

• Parking: Parking spaces: 0

Construction

• General: BrickFrameStoneVinyl Siding

Location

• Originating MLS: CDR_CDR
• County: Linn

Lot

• Zoning: ResidentEPP'S FIRST STR/LB 214224-59017-00000

Utilities

• Utilities: Separate Meters
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CDR_CDR

This listing courtesy of Ross Nusser, Urban Acres Real Estate Corridor