1249 3rd Avenue SE, Cedar Rapids, IA 52403

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$270,000

bedrooms

bathrooms

square feet

2,776

Acreage

0.129

Open Houses

year built

1900

Full Baths

Half Baths

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This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.

Location
Subdivision	-
County	Linn
Elementary School	Johnson
Middle School	McKinley
High School	Washington

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 2500210

Listing agent: Beth Mackey

Listing broker: Coldwell Banker Hedges (319) 367-8760

Copyright © 2025 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, April 30 2025 at 8:06 a.m. EDT

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