SoldNov 21, 2025

Listed by Chris Puckett from COLDWELL BANKER HEDGES

Bought with Rick Povey from COLDWELL BANKER HEDGES

Source: Cedar Rapids Area Association of REALTORS #2507835

720 E Avenue Northwest, Cedar Rapids, IA, 52405

$305,000

3
1848 sq. ft.

MultiFam

29 days on the market

Sold: Nov 21, 2025

What's around 720 E Avenue Northwest

About this property

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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