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    Property profile & analytics

    2420 11Th Ave SE Cedar Rapids, IA 52403

    • Residential income homes
    • 2,080 SF
    • 0.22 lot acres
    For Sale
    View listing
    $275,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-0274299
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 2420 11Th Ave SE

    Year built
    1952
    Lot size
    0.22 lot acres
    Property size
    2,080 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    14-26-2-04-003-0-0000
    APU
    142620400300000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $215,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $230,000
      Mixed-Use
      $215,000
      Hospitality
      $200,000
      Educational
      $220,000
      Residential Income
      $225,000
      Energy
      $210,000
      Income-Based Land
      $190,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.633
    Latitude
    41.9762
    CBSA code
    16300
    CBSA name
    CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,928
    $23,800
    $119,000
    $142,800
    -
    $23,800
    $119,000
    $142,800

    Comparable in this City

    • Value Estimation by Request
      15,766 SF

      1247 4th SE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 15,766 SF
      1247 4th SE Ave, Cedar Rapids, IA 52403-4020
      View Details
    • Value Estimation
      $230,000
      4,144 SF

      1020 Bridgit SE Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,144 SF
      1020 Bridgit SE Ct, Cedar Rapids, IA 52403-4619
      View Details
    • Value Estimation
      $230,000
      4,136 SF

      1015 Bridgit SE Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,136 SF
      1015 Bridgit SE Ct, Cedar Rapids, IA 52403-4616
      View Details
    • Value Estimation
      $160,000
      3,360 SF

      1541 5th SE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,360 SF
      1541 5th SE Ave, Cedar Rapids, IA 52403-1258
      View Details
    • Value Estimation
      $250,000
      3,428 SF

      4018 Westover SE Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,428 SF
      4018 Westover SE Rd, Cedar Rapids, IA 52403-1056
      View Details
    • Value Estimation
      $225,000
      3,428 SF

      4004 Westover SE Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,428 SF
      4004 Westover SE Rd, Cedar Rapids, IA 52403-1080
      View Details

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    Similar Nearby for Lease

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      205,425 SF

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    2420 11Th Ave SE
    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
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