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Up-and-Down Duplex with Alley Access
For Sale
$135,000
Pending

1521 Washington, Cedar Rapids, IA 52403

Up-and-down duplex with two 2-bedroom units and an oversized, alley-accessible backyard for expanded parking options.

Property Size2,130 SF
Days on Market20

Property Features for 1521 Washington

General Information

Standard status Pending
Size 2,130 SF
Property subtype Multi-Family

Amenities

Full
Yes
Public
0.129
40x140

Building Details

Year Built 1920
Listing Agency: Cushman & Wakefield Iowa Commercial Advisors
Listed By: Hope Hall
Source: Pinnaclerealtyia
Added: Jul 24 Changed: Aug 12 Last Checked: Aug 12 at 3:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield Iowa Commercial Advisors

Investment Insights

Based on property information with market context.

This up-and-down duplex includes two spacious 2-bedroom units designed to provide generous living space. The property could use a little TLC, but the core layout is in place and ready for a new owner’s finishing touches.

An oversized backyard with convenient alley access creates practical flexibility for future improvements, including room to add a multi-stall garage or create additional off-street parking. The property is offered for sale at 1521 Washington in Cedar Rapids, Iowa.

Key Highlights

  • Up‑and‑down duplex with two 2‑bedroom units
  • Heating and air conditioning available
  • Full basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Barber Shop Catering Service Acupuncture Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,453
Businesses Nearby

Demographics for 52403, IA

23,012
Population
10,759
Households
2.1
Avg Household Size
41
Median Age
40%
College-Educated
95%
High-School Grad
26.3 sq mi
ZIP Area
875
Density / Sq Mi
$73,848
Median Household Income
$46,148
Median Earnings
$857
Median Rent
$190,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Up-and-down duplex with two 2-bedroom units and an oversized, alley-accessible backyard for expanded parking options.
Where is this duplex located?
The property is located at 1521 Washington Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Up‑and‑down duplex with two 2‑bedroom units; Heating and air conditioning available; Full basement
More about this property
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