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1269 4th Ave SE - 1269 4th Ave Duplex 2 Unit Apartment Building Offered at $153,050 at a 13.77% 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
- Shared Laundry Room
- Currently Vacant
- Newer Water Heaters
- Large Fenced Yard
- Basement Storage Rooms
- Newer Flooring Upstairs
- 3 Bedrooms 2 Bathrooms Downstairs
- 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 | $153,050 | Building Size | 100 SF |
| Price Per Unit | $76,525 | Average Occupancy | 0% |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 13.77% | Year Built | 1990 |
| No. Units | 2 | Opportunity Zone |
Yes
|
| Property Type |
| Price | $153,050 |
| Price Per Unit | $76,525 |
| Sale Type | Investment |
| Cap Rate | 13.77% |
| No. Units | 2 |
| 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)
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Heartland Investment Partners
1269 4th Ave SE - 1269 4th Ave Duplex
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