Skip To Content

1216 5th Street NW

Cedar Rapids, IA 52405
  • $179,450
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 2602938
UPDATED: 39 min ago
$179,450
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,694
    SQFT
  • $106
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Remarks This is a multi/family property with an upper and a lower unit, the current lower units lease is until 12-31-26 and rent is $875 a month, the upper units lease is until 10-31-26 and rent is $850 a month. Neither unit has access to 3 stall garage the current owner used it for his personal use. Each tenant has a one stall garage under the units for their use. Tenants need 24 hr notice for all showings. There is a separate laundry room that is coin operated for tenants to use. Mowing is taken care of by owner not tenants, the tenants also pay for utilities.

Monthly Payment Calculator

© 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 Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-05-10T09:42:33.02.
www.realtybrotherscr.com/homes/175841697
Print Image

1216 5th Street NW Cedar Rapids, IA 52405

  • Price: $179,450
  • Status: Active
  • On Site: 12 Days
  • Updated: 39 min ago
  • MLS #: 2602938
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1,694
SQFT
$106
$/SQFT
1890
Built
Neighborhood:
NW Quadrant
County:
Linn
Area:
NW Quadrant
Elementary School:
Harrison
Middle School:
Roosevelt
High School:
Kennedy
Property Description
Remarks This is a multi/family property with an upper and a lower unit, the current lower units lease is until 12-31-26 and rent is $875 a month, the upper units lease is until 10-31-26 and rent is $850 a month. Neither unit has access to 3 stall garage the current owner used it for his personal use. Each tenant has a one stall garage under the units for their use. Tenants need 24 hr notice for all showings. There is a separate laundry room that is coin operated for tenants to use. Mowing is taken care of by owner not tenants, the tenants also pay for utilities.
Exterior Features

Construction Materials Frame Vinyl Siding Foundation Details Poured Garage YN Yes Parking Features Parking Space(s) Parking Total 6 Patio And Porch Features Deck Patio

Interior Features

Basement Concrete Cooling Central Air Cooling YN Yes Heating Gas Heating YN Yes Interior Features Storage Laundry Features Common Area

Property Features

Gross Income 21540 Listing Terms Cash Conventional Net Operating Income 15078 Operating Expense 6462 Pets Allowed See Remarks Possession Close Of Escrow Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 2069 Tenant Pays Electricity Gas Water Utilities Separate Meters Water Source Public Zoning Res Zoning Description Res

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Trev Adair of Pinnacle Realty LLC: 319-393-0900.
© 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 Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-05-10T09:42:33.02.
 
https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_1_2602938-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_1_2602938-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_1_2602938-2.jpg
Logo
Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411