The KataLYST Team as part of KW Commercial is pleased to present this multifamily property located at 60 & 64 Miller Avenue Southwest, Cedar Rapids, IA. This property was renovated in 2022 and almost every unit has been re-done. The current owners have spent several hundred thousand in updates and renovations since 2021. Rents still have more room for growth as the current owners were offering reduced rents during renovations to fill a large number of units at once. The 4 bedroom, 2 bath layout offers a unique opportunity both for college housing for Kirkwood Community College, and for families looking to get into the desirable College Community School District. This property was built in 2000 and updated since then. Each unit has it’s own furnace/AC and all utilities are separately metered. You will save a ton in long term maintenance and capital expenses with this property over some of the other options on the market.
This property is $2.5M more than the Median Sold Price and $50/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: #2407332
Listing Office:
Office Name: Keller Williams 1 Advantage
Office Phone: (515) 334-4900
Listing Agent: Nick Wallraff
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: 11/17/2024, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Prairie Heights Elementary
190 76th Ave SW
Distance between this listing and this school1.31 miles
Public District Grades PK-4
2
/10
Prairie Crest Elementary
301 76th Ave SW
Distance between this listing and this school1.47 miles
Public District Grades PK-4
3
/10
Prairie Hill Elementary
151 Prairie Hill Ct SW
Distance between this listing and this school1.55 miles
Public District Grades PK-4
Nearby Schools
5
/10
Wilson Middle School
2301 J St SW
Distance between this listing and this school2.15 miles
Public District Grades 6-8
2
/10
McKinley Middle School
620 10th St SE
Distance between this listing and this school3.77 miles
Public District Grades 6-8
2
/10
Roosevelt Middle School
300 13th St NW
Distance between this listing and this school3.89 miles
Public District Grades 6-8
Nearby Schools
4
/10
Prairie Point High School
401 76th Ave SW
Distance between this listing and this school1.58 miles
Public District Grades 10-12
6
/10
Prairie Point Middle School / 9th Grade Academy
8015 Kirkwood Blvd
Distance between this listing and this school1.66 miles
Public District Grades 7-9
1
/10
Metro High School
1212 7th St SE
Distance between this listing and this school3.32 miles
The neighbors living near this home have an average income of $31,789. Residents of Cedar Rapids, IA typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 60 Miller Ave SW in Cedar Rapids, IA and zip code 52404 in the Lincolnway Village neighborhood. This 36,000 square foot home, which was built in 2000, sits on a 1.44 acre lot. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $2,790,000.
Cedar Rapids, IA housing market in October 2024 saw over 37 listings sold above listed price, more than 34 sold at listed price and over 79 sold below. The inventory of homes for sale in Cedar Rapids, IA between September 2024 and October 2024 increased by 0.6%. Listings spent 24 days on the market in October 2024, and had a median list price of $197,732 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
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