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720 E Avenue Nw, Cedar Rapids, IA 52405

Cedar Rapids
Local realty services provided by:CENTURY 21 Signature Real Estate
720 E Avenue Nw,Cedar Rapids, IA 52405
$305,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: chris puckett
Office: realty87
MLS#:2507835
Source:IA_CRAAR

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Price summary

  • Price:$305,000

About this home

Investment Opportunity – Triplex + Single Family Package Located on the NW side near the new casino, this fully rented triplex is an excellent addition to your portfolio. The property offers three unique units: a spacious 2-bedroom with a private back deck, a cozy studio apartment, and a 1-bedroom unit. One unit is currently furnished, adding flexibility for short- or long-term rental strategies. Additional features include off-street parking with 3 spaces in the rear. This property is being sold together with a single-family home just two doors down, creating a rare opportunity for investors to expand holdings in a strong rental market. Whether you’re looking to grow your portfolio or step into real estate investing with cash flow from day one, this package is worth a closer look! Seller is licensed in the state of Iowa.

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Home facts

  • Year built:1900
  • Listing ID #:2507835
  • Added:197 day(s) ago
  • Updated:February 11, 2026 at 07:21 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Year built:1900
  • Construction Materials:Frame
  • Exterior Features:Deck, Patio

Schools

  • High school:Jefferson
  • Middle school:Roosevelt
  • Elementary school:Harrison

Utilities

  • Water:Public

Finances and disclosures

  • Price:$305,000
  • Tax amount:$2,410

Parking

  • Total parking spaces:3

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