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Back 720 E Avenue Northwest
Off Market

720 E Avenue Northwest

Cedar Rapids IA 52405

3
1848 sq. ft.
Multi-Family
Last sold for $305,000
Chris PuckettChris Puckett, last sold this property on 21 November 2025 after -30 days on market.

Overview

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.

Features

3 carspaces
1848 sq. ft. floor area
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Cedar Rapids over the last 12 months, the estimated median property value of 720 E Avenue Northwest is $175k.

Median value
$175k
Estimated value range
$103k - $305k
Median days on market
48
Estimated value trend
-27%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cedar Rapids. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 720 E Avenue Northwest

2025
Sold
$305,000
21 Nov 2025 by Chris Puckett, of COLDWELL BANKER HEDGES
2022
Sold
$135,000
04 Mar 2022 by Jessica Tiernan, of Iowa Realty

Happy sellers in Cedar Rapids

~%

We have insufficient information to provide an overview of customer satisfaction for Cedar Rapids. Viewing the agent profiles, reviews and sales for Cedar Rapids can provide insights for this location.

Local market activity for multi families in Cedar Rapids

In the last 12 months, 3 multi families similar to 720 E Avenue Northwest, have been sold.

This represents a 72% increase in multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cedar Rapids

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Chassy Pollard

Sellers who recommend Chassy Pollard have praised them for being local expert, clear communication, responsive, reliable, well-prepared, supportive, and friendly

  •   5   (111 reviews)
  •  3 Reviews in Cedar Rapids
  •  3 Sales in Cedar Rapids
View profile
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Ronald Pollard

Sellers who recommend Ronald Pollard have praised them for being clear communication, responsive, local expert, patient, well-prepared, friendly, and supportive

  •   5   (50 reviews)
  •  2 Reviews in Cedar Rapids
View profile
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Marian Flink

Marian Flink is a recommended agent for Cedar Rapids.  They have 4 local sales and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Cedar Rapids
  •  4 Sales in Cedar Rapids
View profile
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Brent Votroubek

Sellers who recommend Brent Votroubek have praised them for being responsive, local expert, clear communication, patient, trustworthy, and well-prepared

  •   5   (64 reviews)
  •  1 Review in Cedar Rapids
  •  1 Sale in Cedar Rapids
View profile
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