2 months on rocket

728 4th Ave SE, Cedar Rapids, IA, 52401

$160,000

Home List Price

$1,900*

Closing Credit

0 Baths
1,960 SqFt
$82/SqFt
Multi

Location

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728 4th Ave SE, Cedar Rapids$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Space(s)
Year Built1900
HeatingForced Air
CoolingCentral Air
MLS #2406902
Lot Size0.09 Acres
StatusActive

About 728 4th Ave SE

FULLY LEASED 5 Unit property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472.00. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must be purchased with adjacent property 317 8th St SE, Cedar Rapids MLS #2406835 parcel 14214-80002-00000. 24 hour notice for the occupied unit.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,960 SqFt

Listing Office:

  • Office Name: Pinnacle Realty LLC
  • Office Phone: (319) 393-0900
  • Listing Agent: Bryant Nicholson

Exterior Features

Parking Information:

  • Parking: Parking Space(s)

Virtual/3D Tour

  • Virtual Tour: 728 4th Ave SE
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Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
  • Price Per SqFt: $82/SqFt

Tax Information:

  • Annual Amount: $1,608
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$198.4K

Med. Price/SqFt

$128

Avg. Days On Market

37

# of Sold Homes

151

728 4th Ave SE vs Cedar Rapids

79 DAYS ON ROCKET

+42 Days

$160,000

-$38.4K Less

$82/SqFt

-$46 Less

KEY TAKEAWAY

This property is $38.4K less than the Median Sold Price and $46/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: #2406902

Listing Office:

  • Office Name: Pinnacle Realty LLC
  • Office Phone: (319) 393-0900
  • Listing Agent: Bryant Nicholson

IDXProvided 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: 12/21/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,608$56,900
2018$1,498$46,500

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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.

Nearby Schools

school-card-donut-706107
1
/10
  • Johnson STEAM Academy

  • 355 18th St SE

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-706108
1
/10
  • Taylor Elementary

  • 720 7th Ave SW

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-706109
3
/10
  • Garfield Elementary

  • 1201 Maplewood Dr NE

  • 1.45 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,750. Residents of Cedar Rapids, IA typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesIowaLinn CountyCedar Rapids52401728 4th Ave SE

This home is located at 728 4th Ave SE in Cedar Rapids, IA and zip code 52401 in the Oakhill Jackson neighborhood. This 1,960 square foot home, which was built in 1900, sits on a 0.09 acre lot. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $160,000.

While more than 32 listings in Cedar Rapids, IA in November 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 84 were sold below. The number of listings in Cedar Rapids, IA decreased by 7.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $198,485, while the average time on the real estate market was 37 days.

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

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