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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

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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
- Shared Laundry Room
- Currently Vacant
- Newer Water Heaters
- Large Fenced Yard
- Basement Storage Rooms
- Newer Flooring Upstairs

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 Under Contract

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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Multifamily Multifamily Apartments

Price	$153,050
Price Per Unit	$76,525
Sale Type	Investment
Cap Rate	13.77%
No. Units	2
Property Type	Multifamily Multifamily Apartments
Building Size	100 SF
Average Occupancy	0%
No. Stories	3
Year Built	1990
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.