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1517 2nd Avenue Se, Cedar Rapids, IA 52403

Local realty services provided by:CENTURY 21 Signature Real Estate
1517 2nd Avenue Se,Cedar Rapids, IA 52403
$175,000
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  • - Beds
  • - Baths
  • 1,934 sq. ft.
  • Multi-family
  • Active
Listed by: courtney blair
Office: skogman realty corridor
MLS#:2508686
Source:IA_CRAAR

Price summary

  • Price:$175,000
  • Price per sq. ft.:$90.49

About this home

Historic charm meets modern investment opportunity in this well-maintained three-unit multifamily property located in the heart of Cedar Rapids. Listed on the Historical Registry, this beautifully preserved home features one efficiency apartment, one two-bedroom unit, and one spacious three-bedroom unit with one and a half baths—offering flexibility for a variety of tenant needs. Recent updates include new exterior paint in 2024, modernized electrical and plumbing systems, and thoughtful renovations throughout. Each unit has a strong rental history and long-term tenant stability. The property also offers a two-car detached garage with one heated bay, a fenced yard, and a convenient central location near downtown amenities, shopping, and public transit. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the others, this turn-key triplex combines historic character with reliable performance and modern updates.

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Home facts

  • Year built:1910
  • Listing ID #:2508686
  • Added:87 day(s) ago
  • Updated:December 19, 2025 at 04:30 PM

Rooms and interior

  • Living area:1,934 sq. ft.

Structure and exterior

  • Year built:1910
  • Building area:1,934 sq. ft.
  • Lot area:0.1 Acres

Schools

  • High school:Washington
  • Middle school:McKinley
  • Elementary school:Johnson

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$90.49
  • Tax amount:$2,012

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