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1516 C Avenue NE , A & B

Cedar Rapids, IA 52402
  • $225,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 2501128
UPDATED: 24 min ago
$225,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,295
    SQFT
  • $98
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to show. Unit A (Main Level)- 2 bedrooms, living room, separate dining room, full kitchen, full bath, and access to the back yard and parking spaces. Leased for $1125/mt. Unit B (Upper Level)- 3 bedroom, living room/dining room combo with open floor plan, full bath and extra storage. Leased for $1425/mt. Current Lease agreement 10/1/2024- 7/26/2025. ***Tenants may be home when showing the property.

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© 2025 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: 2025-03-16T14:42:54.1.
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1516 C Avenue NE , A & B Cedar Rapids, IA 52402

  • Price: $225,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 24 min ago
  • MLS #: 2501128
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,295
SQFT
$98
$/SQFT
1935
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Elementary School:
Trailside
Middle School:
Franklin
High School:
Washington
Property Description
2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to show. Unit A (Main Level)- 2 bedrooms, living room, separate dining room, full kitchen, full bath, and access to the back yard and parking spaces. Leased for $1125/mt. Unit B (Upper Level)- 3 bedroom, living room/dining room combo with open floor plan, full bath and extra storage. Leased for $1425/mt. Current Lease agreement 10/1/2024- 7/26/2025. ***Tenants may be home when showing the property.
Exterior Features

Construction Materials Composite Siding Frame Parking Features Parking Space(s) Parking Total 4

Interior Features

Basement Full Basement YN Yes Cooling Central Air Cooling YN Yes Heating Gas Heating YN Yes Laundry Features Common Area

Property Features

Association YN No Listing Terms Cash Conventional Pets Allowed See Remarks Yes Possession Negotiable Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 1611 Tenant Pays Electricity Gas Water Utilities Separate Meters Water Source Public Zoning Resident Zoning Description Resident

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Rob Mccain of Urban Acres Real Estate Corridor: 800-746-9464.
© 2025 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: 2025-03-16T14:42:54.1.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411