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1545 Washington Avenue SE

Cedar Rapids, IA 52403
  • $135,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 2602359
UPDATED: 85 min ago
$135,000
  • 0
    BEDS
  • 14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,584
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1895
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

A well-maintained and recently updated up/down duplex offering a strong investment opportunity with room to grow. This property features two functional units with desirable layouts. The upper unit includes one bedroom, a living room, dining area, and kitchen, while the lower unit offers one bedroom plus a non-conforming bedroom (no closet), along with a living room, kitchen, and one bathroom. Recent updates include fresh paint, new flooring, bathroom improvements with a tiled shower in the lower unit, and updated appliances, making the property clean, comfortable, and move-in ready. These updates help minimize immediate maintenance needs while still leaving opportunity for a new owner to further enhance the property over time. Whether you’re looking to expand your portfolio or get started with a multi-family investment, this is a solid option with both immediate usability and future upside. *photos of upper unit*

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© 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: 2026-06-10T13:42:39.763.
www.realtybrotherscr.com/homes/174898455
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1545 Washington Avenue SE Cedar Rapids, IA 52403

  • Price: $135,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 85 min ago
  • MLS #: 2602359
0
Beds
0
Baths
0
½ Baths
14
Acres
1,584
SQFT
$85
$/SQFT
1895
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Elementary School:
Johnson
Middle School:
Mckinley
High School:
Washington
Property Description
A well-maintained and recently updated up/down duplex offering a strong investment opportunity with room to grow. This property features two functional units with desirable layouts. The upper unit includes one bedroom, a living room, dining area, and kitchen, while the lower unit offers one bedroom plus a non-conforming bedroom (no closet), along with a living room, kitchen, and one bathroom. Recent updates include fresh paint, new flooring, bathroom improvements with a tiled shower in the lower unit, and updated appliances, making the property clean, comfortable, and move-in ready. These updates help minimize immediate maintenance needs while still leaving opportunity for a new owner to further enhance the property over time. Whether you’re looking to expand your portfolio or get started with a multi-family investment, this is a solid option with both immediate usability and future upside. *photos of upper unit*
Exterior Features

Construction Materials Frame Vinyl Siding Exterior Features Fence Foundation Details Block Patio And Porch Features Deck Patio

Interior Features

Heating Forced Air Gas Heating YN Yes

Property Features

Gross Income 1850 Listing Terms Cash Conventional Net Operating Income 823 Operating Expense 1026 Owner Pays Electricity Gas Water Possession Close Of Escrow Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 1452 Water Source Public

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Travis Gaule of SKOGMAN REALTY: 319-625-6427.
© 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: 2026-06-10T13:42:39.763.
 
https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_1_2602359-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_1_2602359-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_1_2602359-2.jpg
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411