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1541 5th Ave SE Cedar Rapids IA 52403

Cedar Rapids, IA For sale MULTI-FAMILY Sold 4 or More Cars Poured Concrete
For saleMULTI-FAMILYIACedar Rapids524031541 5th Ave SE, Cedar Rapids, IA, 52403
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  • MULTI-FAMILY
  • For sale

1541 5th Ave SE Cedar Rapids IA 52403

1541 5th Ave SE, Cedar Rapids, IA, 52403
$225,000
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Basics

  • Date added: Added 4 months ago
  • Type: MULTI-FAMILY
  • Status: Sold
  • DOM: 33
  • Subdivision: Wellington Heights
  • Year built: 1961
  • Water/Sewer: City Sewer,City Water
  • Heating/Cooling: Baseboard,Steam/Hotwater
  • Unit #: 1-4
  • Units Total: 4
  • Address: 1541 5th Ave SE, Cedar Rapids, IA, 52403
  • MLS ID: 202500448

Description

  • Description:

    Investment Opportunity! This well-maintained 4-plex offers a fantastic opportunity for investors seeking steady rental income. Conveniently located in Southeast Cedar Rapids, this property is fully occupied with long-term tenants. The property features three 2 bed/1bath units, and one 1bed/1bath unit. Landlord pays water and gas, tenants pay electricity. New roof installed in 2023 and a new concrete walkway was completed in 2022. Don't mis this opportunity to own a sold multi-family investment!

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Location

  • Directions: From First Ave SE, turn south onto 15th St SE, turn east onto 5th Ave SE, building will be on your right.
  • County: Linn

Building Details

  • Basement: Poured Concrete
  • Parking: 4 or More Cars

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https://www.apartmentbrokersofiowa.com/wp-content/uploads/2025/09/202500448-f45e4b64-67cf-4f66-89d8-606668906bc2.jpg 719 1280 https://www.apartmentbrokersofiowa.com/wp-content/uploads/2024/05/ABILogo.png 2025-09-29 22:19:552026-01-08 21:54:201541 5th Ave SE Cedar Rapids IA 52403

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Joanne M. Stevens

1005 Blairs Ferry RD, Ste 210
Cedar Rapids, IA 52402
Phone: (319) 378-6786
Fax: (515) 453-4484
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