Home For Sale In Cedar Rapids, Iowa

house for sale

Listed: 04/15/24

1516 C Ave Ne Unit A, Cedar Rapids, Iowa, 52402

Studio Bed:

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Price

$ 235,000

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About This House

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 $950/mt. Unit B (Upper Level)- 3 bedroom, living room/dining room combo with open floor plan, full bath and extra storage. Leased for $1250/mt. Current Lease agreement10/1/2023- 10/24/2024.Tenants maybe home when showing the property.

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Houses for sale in Cedar Rapids

Original listing

Cedar Rapids Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
Jun 2024	$145,674 (-0.4%)
May 2024	$146,317 (+4.3%)
Apr 2024	$140,276 (0%)
Mar 2024	$140,276 (0%)
Feb 2024	$140,276 (0%)
Jan 2024	$140,276 (-6%)

In June 2024, the asking price for 2 bed houses for sale in/near Cedar Rapids, United States averaged $145,674, a decrease of 0.4% from the previous month.

Median price trends for properties for sale in Cedar Rapids, United States as of June 2024.

Household Income

Median household income: $56,828

Number of households: 54,433

The average household income in Cedar Rapids, IA grew from $55,359 to $56,828 in the past year. This data is an estimate based upon 54,433 households in Cedar Rapids, IA.
The chart below presents how household income is distributed in Cedar Rapids, IA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cedar Rapids, IA compared to median property taxes around the country. The prevalent amount of property taxes in Cedar Rapids, IA equals $3k+ , which is less than the national average.

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