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    116 17Th St NE Cedar Rapids, IA 52402

    For Sale
    $210,000

    1-4 Units - Cedar Rapids, IA

    Property size:
    2,438 SF
    Days on Market:
    53
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 116 17Th St NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    142220101400000
    Parking
    2
    Size
    2,438 SF

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1900
    Building materials
    Frame
    Architectural style
    Other

    Coldwell Banker Hedges (319) 367-8760 [email protected]

    Listing agent Chris Puckett (319) 378-8760

    Listing date Oct 14, 2025

    MLS# 2508114 Listing URL

    Copyright © 2025 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained 5-Plex in Cedar Rapids

    This well-maintained 5-plex is located on the northeast side of Cedar Rapids. Two of the units include private decks. The property features a two-stall garage and ample off-street parking. The building offers a potential investment opportunity in a market with limited multi-family properties. The property size is 2438 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6488436
    Latitude
    41.9909483

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    FAQs

    What type of property is this?
    Apartment building - Turnkey 5-unit building on the northeast side of Cedar Rapids.
    Where is this apartment building located?
    The property is located at 116 17Th St NE Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - Turnkey 5-plex: Ready to rent with no work needed.; - Strong rent rolls: Provides immediate investment income.; - Desirable northeast location: Appeals to tenants and maintains property value.
    (319) 378-8760
    Request Owner's contact information
    116 17Th St NE Cedar Rapids, IA 52402
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    Cedar Rapids, IA 52402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 17Th St NE Cedar Rapids, IA 52402
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