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About This Home
This 4-bedroom, 0-bathroom residential multi family at 366 7TH Avenue SW in Cedar Rapids, IA is listed for $175,000 ($129 per sqft). Built in 1900, the home offers 1,352 sqft of living space on a 0.18 acres lot.
Discover a compelling investment opportunity with this well-maintained 2-unit multifamily property-ideal for both seasoned investors and those looking to enter the real estate market. This asset offers a strong combination of immediate cash flow potential and long-term appreciation. Each unit features a functional layout with 2 beds and 1 bath, with updates along the way. The property has been consistently occupied with long term tenants, offering reliable rental income with upside potential through rent optimization.
Key Features
- Built in 1900
- 0.18 acre lot
- 3 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
366 7TH Avenue SW
Cedar Rapids, IA 52404
Property Details
Construction
Questions & Answers
This 4-bedroom, 0-bathroom residential multi family at 366 7TH Avenue SW is listed at $175,000 ($129/sqft). The estimated monthly payment is $758 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.18 acre lot, 3 parking spaces.
This property is listed by Kristie Freese and can be reached at (319) 423-4139 or kristiefreesehomes@gmail.com.