Property profile

2420 11th SE Ave Cedar Rapids, IA 52403

OFF-MARKET
Residential income homes
Property ID
US25-0274299
2,080 SF 0.22 ac lot Built 1952
Entity Owned 8-yr Hold
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Property summary

AI-generated overview

This multifamily property is located in Cedar Rapids, Iowa, and is zoned Res 3+. The building is designed for configurations that allow 1 to 4 units. It has an approximate total building area of 2,080 square feet and sits on a lot of approximately 0.218 acres.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1952
Total area 2,080 SF
Lot 0.22 ac (9,583 SF)
APN 14-26-2-04-003-0-0000
UPID US25-0274299

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2420 11th SE Ave Cedar Rapids, IA 52403-3454
Cedar Rapids metro Census 2800 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2018
7 recorded transactions
2018
$132,500
2015
Price N/A
2013
Price N/A
2005
$95,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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