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    2420 11Th Ave SE Cedar Rapids, IA 52403

    Under Contract
    For Sale
    $275,000

    1-4 Units - Cedar Rapids, IA

    Property size:
    2,080 SF
    Lot size:
    0.22 Acres
    Days on Market:
    220
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 2420 11Th Ave SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Res 3+
    APN
    142620400300000
    Parking
    4
    Size
    2,080 SF
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Building materials
    Frame, Stone
    Architectural style
    Other

    Pinnacle Realty LLC (319) 350-9476 [email protected]

    Listing agent Katelyn Nikolaev (319) 393-0900

    Listing date Apr 30, 2025

    MLS# 2501847 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

    Cedar Rapids Multifamily Opportunity

    This multifamily property is located in Cedar Rapids, Iowa. The property is zoned Res 3+ and includes 1-4 units. The building has a size of 2080 square feet and is situated on a lot of approximately 0.218 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -91.6330315
    Latitude
    41.9761542

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    FAQs

    What type of property is this?
    Quadplex - Multifamily property in Cedar Rapids, Iowa, for sale.
    Where is this quadplex located?
    The property is located at 2420 11Th Ave SE Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Stone and Frame Construction; - Central Air Conditioning; - Natural Gas Heating
    (319) 393-0900
    Request Owner's contact information
    2420 11Th Ave SE Cedar Rapids, IA 52403
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    Cedar Rapids, IA 52403
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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
    2420 11Th Ave SE Cedar Rapids, IA 52403
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