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1550 Dows St., Ely, IA 52227

Ely
Local realty services provided by:CENTURY 21 Signature Real Estate
1550 Dows St.,Ely, IA 52227
$260,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: paul park
Office: lepic-kroeger, realtors
MLS#:202605378
Source:IA_ICAAR

Price summary

  • Price:$260,000

About this home

This Fantastic 4-plex is located in the heart of Ely's Old Town District! Spacious 1 bed 1 bath units and 4 long term tenants with leases in place until April of 2027. New stairs and balcony! The charming and growing community of Ely is situated between two strong employment centers in Cedar Rapids and Iowa City resulting in a ton of future potential. Detached 3 car garage stalls are rented on an individual basis and property includes an extra yard space, or potential for expansion. A short drive to Cedar Rapids Airport & Airport National Golf Course, and a short walk to bars and restaurants. This well maintained investment property won't last long. Call for a showing today!

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Home facts

  • Year built:1904
  • Subdivision & Development:Not Applicable
  • Listing ID #:202605378
  • Added:40 day(s) ago
  • Updated:October 16, 2026 at 03:47 AM

Structure and exterior

  • Year built:1904
  • Construction Materials:Frame

Schools

  • High school:Prairie
  • Middle school:College Comm
  • Elementary school:College Comm

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$260,000
  • Tax amount:$2,898

Parking

  • Total parking spaces:3

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