1516 C Ave NE Unit A & B, Cedar Rapids, IA, 52402

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1516 C Ave NE Unit A & B, Cedar Rapids$235,000

Buyer Closing Credits

$2,791^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingParking Space(s)

Year Built1935

HeatingNatural Gas

CoolingCentral Air

BasementYes

MLS #2402501

StatusActive

About 1516 C Ave NE Unit A & B

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.

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Property Details

Property Features

Property Information:

• Year Built: 1935
• Living Area: 2,295 SqFt

Listing Office:

• Office Name: Urban Acres Real Estate Corridor
• Office Phone: (800) 746-9464
• Listing Agent: Rob Mccain

Interior Features

Interior Information:

• Basement: Yes

Exterior Features

Parking Information:

• Parking: Parking Space(s)

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Utilities

Utilities Information:

• Heating: Natural Gas
• Cooling: Central Air

School Info

Assigned Schools Information:

• George Washington High School, Public District Grades 9-12
• Franklin Middle School, Public District Grades 6-8
• Garfield Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

• List Price: $235,000
• Price Per SqFt: $102/SqFt

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Housing Market Comparison

See how this home compares to others in Cedar Rapids, IA.

Cedar Rapids, IA

City

Med. Sold Price

$189.2K

Med. Price/SqFt

$124

Avg. Days On Market

25

# of Sold Homes

141

1516 C Ave NE Unit A & B vs Cedar Rapids

19 DAYS ON ROCKET

-6 Days

$235,000

+$45.7K More

$102/SqFt

-$23 Less

KEY TAKEAWAY

This property is $45.7K more than the Median Sold Price and $23/SqFt less than other homes in Cedar Rapids, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: CDR
• MLS Number: #2402501

Listing Office:

• Office Name: Urban Acres Real Estate Corridor
• Office Phone: (800) 746-9464
• Listing Agent: Rob Mccain

Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 10:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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**Disclosures

Rocket Homes›Iowa›Linn County›Cedar Rapids›52402›1516 C Ave NE Unit A & B

This home is located at 1516 C Ave NE Unit A & B in Cedar Rapids, IA and zip code 52402 in the Mound View neighborhood. This 2,295 square foot home was built in 1935. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $235,000.

In April 2024 more than 42 listings in Cedar Rapids, IA were sold above the asking price. During the same period more than 44 listings were sold at asking price, while more than 55 were sold below. In April 2024 in Cedar Rapids, IA there were 1.5% more homes for sale than in March 2024. While the average time on the market in April 2024 was 25 days, the median list price was $189,228.

From Rocket Homes Real Estate and based on county public records data.