SoldJun 25, 2025

Listed by ANDY PETZOLD from EPIC PROPERTY MANAGEMENT

Source: Cedar Rapids Area Association of REALTORS #2503630

222 5th Ave SW, Cedar Rapids, IA, 52404

$100,000

2274 sq. ft.
0.19 ac.

MultiFam

2 days on the market

Sold: Jun 25, 2025

What's around 222 5th Ave SW

About this property

Unlock the potential of this converted 4-unit building, perfect for first-time investors or owner-occupant landlords looking for a hassle-free rental opportunity. With a layout that maximizes functionality, these charming units create an inviting atmosphere ideal for those seeking affordability and simplicity. The common-area coin laundry adds convenience, ensuring a seamless experience for renters. For those looking to live and invest in one property, this building presents an excellent opportunity to occupy one unit while generating rental income from the others—a smart way to offset expenses while building equity. Tenants pay own electricity, Owner pays for water (sewer & trash), and common electricity. No gas at property. Seller will be completing a 1031 exchange as part of the sale. Please allow 72hr for showing requests.

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