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1269 4th Ave SE - 1269 4th Ave Duplex 7 Unit Apartment Building Offered at $179,900 at a 11.71% Cap Rate Cedar Rapids, IA 52403



INVESTMENT HIGHLIGHTS
- Large Units Right Next to Downtown Cedar Rapids
EXECUTIVE SUMMARY
- 4 Bedrooms & 2 Bathrooms upstairs
- 3 Bedrooms 2 Bathrooms Downstairs
- F
- Shared Laundry Room
- Currently Vacant
- Newer Water Heaters
- Large Fenced Yard
- Basement Storage Rooms
- Newer Flooring Upstairs
- 3 Bedrooms 2 Bathrooms Downstairs
- F
- Shared Laundry Room
- Currently Vacant
- Newer Water Heaters
- Large Fenced Yard
- Basement Storage Rooms
- Newer Flooring Upstairs
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $179,900 | Building Size | 100 SF |
| Price Per Unit | $25,700 | Average Occupancy | 0% |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 11.71% | Year Built | 1990 |
| No. Units | 7 | Opportunity Zone |
Yes
|
| Property Type |
| Price | $179,900 |
| Price Per Unit | $25,700 |
| Sale Type | Investment |
| Cap Rate | 11.71% |
| No. Units | 7 |
| Property Type | |
| Building Size | 100 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1990 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Kitchen
- Range
- Tub/Shower
- Carpet
- Yard
- Basement
- Dining Room
- Family Room
- Lawn
- Pantry
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 2 | $1,200 | - |
1 1
Walk Score®
Very Walkable (78)
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Presented by
Heartland Investment Partners
1269 4th Ave SE - 1269 4th Ave Duplex
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