USAIACedar Rapids1119 3Rd St Sw
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1119 3rd St Sw, Cedar Rapids, IA

Real Estate

For Sale

Listed price in listed location currency (USD).
$475,000

000

MLS® 2509850

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 5400 sqft
Garage No
Taxes $6,574
Days Active 0
Lot Size 0.22 acres
Approx. Age 1975
Avg. Price Per Sqft $87
MLS® Number 2509850

Property Address: 1119 3rd St Sw, Cedar Rapids, IA, 52404-2165

Average square foot calculated using Size range provided by listing agent.

Description

Excellent income-producing true multifamily property with a desirable low unit count. All units are spacious 2-bedroom, 1-bath layouts featuring open-concept designs and oversized kitchens. Each unit includes a dishwasher, full appliance package, central air, and central heat, with many units recently updated. Proximity to downtown, NewBo, Kirkwood, and highway access drives strong rental demand. Each unit includes a dedicated parking space near the owner-provided dumpster. Electric and gas are separately metered, with the owner responsible only for common-area lighting and gas for the common-area water heater. The building features a metal roof, vinyl windows, security cameras, and on- and off-street parking. Units are also ideal for furnished rentals for traveling nurses or data-center professionals—one unit is already furnished and rented at $1, 400 per month.
MLS® Number2509850
Laundry Level
Central VacNo
FireplaceNo
Acreage0.22
Exterior
GarageNo
Approx. Age1975
Basement
DrivewayParking Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 15, 2025List Date
$475,000List Price
  • Commute

Commute

Starting Address
Destination Address
1119 3 Rd St Sw, Cedar Rapids, IA

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