120 32nd St NE, Cedar Rapids, IA, 52402

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120 32nd St NE, Cedar Rapids$1,475,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingParking Space(s)

Year Built1970

HeatingElectric, Forced Air

CoolingCentral Air

MLS #2407195

Lot Size0.53 Acres

StatusActive

About 120 32nd St NE

**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access.

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Property Details

Property Features

Property Information:

• Year Built: 1970
• Living Area: 13,248 SqFt

Listing Office:

• Office Name: LEPIC-KROEGER, REALTORS
• Office Phone: (319) 351-8811
• Listing Agent: Matthew Lepic

Exterior Features

Parking Information:

• Parking: Parking Space(s)

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• Virtual Tour: 120 32nd St NE

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Lot Features

Lot Information:

• Lot Size: 0.53 Acres

Utilities

Utilities Information:

• Heating: Electric, Forced Air
• Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

• List Price: $1,475,000
• Price Per SqFt: $111/SqFt

Tax Information:

• Annual Amount: $12,020
• Tax Year: 2020

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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

$199.5K

Med. Price/SqFt

$128

Avg. Days On Market

32

# of Sold Homes

165

120 32nd St NE vs Cedar Rapids

81 DAYS ON ROCKET

+49 Days

$1,475,000

+$1.2M More

$111/SqFt

-$17 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $17/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: #2407195

Listing Office:

• Office Name: LEPIC-KROEGER, REALTORS
• Office Phone: (319) 351-8811
• Listing Agent: Matthew Lepic

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 2025 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: 1/7/2025, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jan 08, 2021	Jan 08, 2021Home Sold	$400,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$12,020	$455,300
2018	$12,912	$435,100

History based on county public records data.

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**Disclosures

Rocket Homes›Iowa›Linn County›Cedar Rapids›52402›120 32nd St NE

This home is located at 120 32nd St NE in Cedar Rapids, IA and zip code 52402 in the Kenwood Park neighborhood. This 13,248 square foot home, which was built in 1970, sits on a 0.53 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $1,475,000.

In December 2024, from all listings sold in Cedar Rapids, IA there were more than 32 sold above asking price, over 102 sold below and more than 31 were sold right at the asked price. The number of homes for sale in Cedar Rapids, IA decreased by 16.2% between November 2024 and December 2024. In December 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $199,571.

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