366 7th Avenue Sw, Cedar Rapids, IA 52404
Local realty services provided by:CENTURY 21 Signature Real Estate
Listed by: kristie freese
Office: keller williams legacy group
MLS#:2602134
Source:IA_CRAAR
Price summary
- Price:$175,000
- Price per sq. ft.:$129.44
About this home
Discover a compelling investment opportunity with this well-maintained 2-unit multifamily property—ideal for both seasoned investors and those looking to enter the real estate market. This asset offers a strong combination of immediate cash flow potential and long-term appreciation.
Each unit features a functional layout with 2 beds and 1 bath, with updates along the way. The property has been consistently occupied with long term tenants, offering reliable rental income with upside potential through rent optimization.
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Home facts
- Year built:1900
- Listing ID #:2602134
- Added:5 day(s) ago
- Updated:April 04, 2026 at 03:12 PM
Rooms and interior
- Basement:Yes
- Basement Description:Concrete, Full
- Living area:1,352 sq. ft.
Heating and cooling
- Heating:Gas
- Central air:Yes
Structure and exterior
- Year built:1900
- Building area:1,352 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Frame, Stone
Schools
- High school:Jefferson
- Middle school:Wilson
- Elementary school:Taylor
Utilities
- Water:Public
Finances and disclosures
- Price:$175,000
- Price per sq. ft.:$129.44
- Tax amount:$1,910
Parking
- Total parking spaces:3
- Garage:Yes
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