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1419 & 1427 2nd Avenue SE, Cedar Rapids, IA 52403

MLS Number: 2205626   |   Subtype: Multi-Family   |   Area: SE Quadrant
$ 210,000

CASH FLOW! Both parcels being sold as a package deal. 9 units all together. Each unit has been rented for $500/mo for $4,500 gross monthly. Easy to show. 1419 is 4- 1 bedroom units and efficiency in LL. 1427 is 4- 1 bedroom units. Brand new (5) electrical breaker panels in 1419. Some new windows.


  • County: Linn
  • Lot Size: 100x140
  • Acres: 0.3220
  • Year Built: 1900
  • Gross tax: $4,228.00


Total Building SF: 4,280


Heating/Cooling: Gas Heat, Window/Wall Air

Lease Terms

Tenet Pays: Electricity, Gas

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