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728 4th Ave SE

Cedar Rapids, IA 52401
  • $145,000
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: 2508721
UPDATED: 51 min ago
$145,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,960
    SQFT
  • $74
    $/SQFT
Neighborhood:
SE Quadrant
Type:
Multi-Family
Built:
1900
County:
Linn
Area:
SE Quadrant

School Information

Elementary School:
Grant Wood
Middle School:
Mckinley
High School:
Washington
School Ratings & Info

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.

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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: 2026-01-16T09:42:38.953.
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728 4th Ave SE Cedar Rapids, IA 52401

  • Price: $145,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 51 min ago
  • MLS #: 2508721
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1,960
SQFT
$74
$/SQFT
1900
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Elementary School:
Grant Wood
Middle School:
Mckinley
High School:
Washington
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.
Exterior Features

Construction Materials Aluminum Siding Frame Parking Features Parking Space(s) Parking Total 3

Interior Features

Basement See Remarks Cooling Wall / Window Unit(s) Cooling YN Yes Heating Gas Heating YN Yes

Property Features

Gross Income 24624 Net Operating Income 13382 Operating Expense 11242 Owner Pays Electricity Gas Water Pets Allowed Yes Possession Negotiable Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 1760 Water Source Public

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Bryant Nicholson of Affinity Real Estate Services: 319-393-0814.
© 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: 2026-01-16T09:42:38.953.
 
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5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411