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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

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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

ATTACHMENTS

1269 4th Ave SE - Flyer
1269 4th Ave Financials

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
Price Per Unit $25,700
Sale Type Investment
Cap Rate 11.71%
No. Units 7
Property Type
Multifamily
  • Multifamily Apartments
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 -
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38728137

  • Date on Market: 12/10/2025

  • Last Updated:

  • Address: 1269 4th Ave SE, Cedar Rapids, IA 52403

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