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About This Home

This 20-bedroom, 0-bathroom residential multi family at 3403 1st Avenue in Cedar Rapids, IA is listed for $750,000 ($82 per sqft). Built in 1930, the home offers 9,154 sqft of living space on a 0.73 acres lot.

Agent Description

House Legal Description: EAST KENWOOD PARK W 40' STR/LB 16 1 Parcel Number for all 3 properties: 14113-26007-00000, 14113-26006-00000, 14113-26008-00000. Zoning for 3403, 3409 is traditional mixed-use center. Zoning for 114th 34th St Dr. SE is Suburban Residential Flex.

All 3 Parcels are included in this listing. Redevelopment opportunity or investment income opportunity with great traffic counts just off a lighted intersection. Off street parking, rental income, and high visibility. 34th Street Drive SE is currently vacant. 10 of 12 units are currently rented between the red and white buildings. Square footage is of all 3 buildings. All information was provided by assessor's site and will need verified by buyer's agent.

Key Features

  • Built in 1930
  • 0.73 acre lot

Property Details

1930

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

3403 1st Avenue

Cedar Rapids, IA 52403

Property Details

Construction

Frame

Questions & Answers

This 20-bedroom, 0-bathroom residential multi family at 3403 1st Avenue is listed at $750,000 ($82/sqft). The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.73 acre lot.

This property is listed by Travis Burke and can be reached at (319) 423-4139 or Travisburke@kw.com.

TB

Travis Burke

Agent at Keller Williams Legacy Group

(319) 423-4139

Listed by Keller Williams Legacy Group

MLS# 2502261· Source: listhub· Updated 395 days ago

Copyright © 2026 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.

3403 1st Avenue, Cedar Rapids, IA 52403

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