1211 5th Ave SE, Cedar Rapids, IA 52403
FOR SALE

1211 5th Ave SE
Cedar Rapids, IA 52403

Wellington Heights
  • Studio
  • 1,856 sqft
  • Studio
  • 1,856 sqft

$162,500

Original price: $169,999
Est. Mortgage $1,162/mo*

Local Information

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Commute Destination

Description

This well-maintained Four-plex with 2 studio units and 2 one-bedroom units is an ideal investment opportunity for those looking to enter the market. Located on the SE side of Cedar Rapids, the property offers low maintenance with a newer roof and siding, plus a spacious open backyard. Perfect for a new owner to take over and begin generating income from day one.

Seller Financing and Lease Option available for a qualified buyer with minimum of $27,000 down payment reach out for further information on terms. Package deal available for 1207 5th Ave Se and 1211 5th Ave SE. Tenant occupied, 48 hours minimum notice for showings, pre approval required for showings on occupied units.

Home Highlights

Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$88
Listed
71 days ago

Home Details for 1211 5th Ave SE

Interior Features

Dimensions and Layout
Living Area: 1856 Square Feet
Appliances & Utilities
Utilities: Separate Meters
Heating & Cooling
Heating: Forced Air,GasHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Forced Air

Exterior Features

Parking & Garage
Parking Spaces: 2
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 71

Property Information

Year Built
Year Built: 1914
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi Family
Building
Construction Materials: Frame, Stone
Property Information
Parcel Number: 142233400700000

Price & Status

Price
List Price: $162,500Price Per Sqft: $88
Status Change & Dates
Possession Timing: Closing

Active Status

MLS Status: Active

Location

Direction & Address
City: Cedar Rapids
School Information
Elementary School: JohnsonJr High / Middle School: McKinleyHigh School: Washington

Agent Information

Listing Agent
Listing ID: 2401091

HOA

Association for this Listing: Cedar Rapids Area Association Of Realtors

Lot Information

Lot Area: 4200 sqft

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 2401091Living Area Range Units: Square Feet
Last check for updates: about 7 hours ago
Listing courtesy of Connor Harris, (319) 855-2212
Burrington Real Estate
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2401091

Price History for 1211 5th Ave SE

DatePriceEventSource
03/23/2024$162,500PriceChange
CRAAR, CDRMLS #2401091
03/11/2024$169,999PendingToActiveCRAAR, CDRMLS #2401091
02/26/2024$169,999PendingCRAAR, CDRMLS #2401091
02/17/2024$169,999Listed For SaleCRAAR, CDRMLS #2401091
11/15/2021$108,000Sold
CRAAR, CDRMLS #2104840
09/22/2021$117,900PendingCRAAR, CDRMLS #2104840
09/14/2021$117,900PriceChange
CRAAR, CDRMLS #2104840
09/07/2021$126,500PendingToActiveCRAAR, CDRMLS #2104840
08/10/2021$126,500PendingCRAAR, CDRMLS #2104840
08/03/2021$126,500PriceChange
CRAAR, CDRMLS #2104840
07/16/2021$129,900Listed For SaleCRAAR, CDRMLS #2104840
05/25/2021ListingRemovedCRAAR, CDRMLS #2009179
03/09/2021$120,000PriceChange
CRAAR, CDRMLS #2009179
02/26/2021$129,900PriceChange
CRAAR, CDRMLS #2009179
01/19/2021$134,000PendingToActiveCRAAR, CDRMLS #2009179
12/09/2020$134,000PendingCRAAR, CDRMLS #2009179
06/23/2020$110,000Sold
N/A
05/31/2018$82,000Sold
CRAAR, CDRMLS #1800064
05/04/2018$87,900Listed For SaleAgent Provided
09/17/2012$52,000Sold
CRAAR, CDRMLS #1205329
08/15/2005$24,500Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$1,850
Assessment$75,800
Home facts updated by county records

Comparable Sales for 1211 5th Ave SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Multi-Family Home
$77,000
07/03/23
-
1,933
0.08
Multi-Family Home
$55,000
07/03/23
-
1,968
0.24
Multi-Family Home
$149,900
08/10/23
-
2,018
0.13
Multi-Family Home
$122,000
01/26/24
-
5,133
0.29
Multi-Family Home
$110,000
12/28/23
-
2,430
0.32
Multi-Family Home
$160,000
07/07/23
6
4
2,748
0.39
Multi-Family Home
$189,900
03/20/24
-
2,299
0.44
Multi-Family Home
$137,000
04/11/24
-
2,214
0.61
Multi-Family Home
$98,000
05/05/23
-
1,510
0.39
Multi-Family Home
$80,000
08/25/23
-
2,986

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wellington Heights

  • Debra Rosemary Gagnon
    "I love the old, beautiful homes... There's plenty of awesome people living in them, too. My kind of people. ❤️"
    4
    Flag
  • Trulia User
    "Not a good family environment. Great sense of community spirit. The most beautiful houses and beautiful people in the city live here. "
    2
    Flag
  • Trulia User
    "A dog park would be nice and trash cans and bags available through out the area so that dog owners can clean up "
    1
    Flag
  • Jenniferaguayo47
    "Amazing, neighborhood feels right at home. Most neighbors are very friendly! great people lots of resources. "
    2
    Flag
  • Serenity
    "Do not move into this area! It is deadly. Not a safe place to live. Lot's of gang activity and gun shootings. "
    33
    Flag
  • Val M.
    "I lived on Park for two years and it was the worst 2 years potentially of my life. My car got broken into 7 times because I didn't have a garage to lock it in. I had children fighting in front of my house at all hours of the day adults screaming threats at each other and brandishing weapons... None of these people lived in any of the houses around mine either. there was a day my roommate and I are sitting on the porch and some kids started screaming racial slurs at us telling us to get out of his neighborhood. if one of us came home late, after midnight, there was a concern of a group of men who wanted the neighbourhood harassing women and some have said they assaulted a few as well, although my only experience was the harassment. I won't even drive through this neighborhood now if I don't have to."
    0
    Flag
  • Hollywho1313
    "Don't move here. Too much to deal with, the people do NOT care. Had to buy a lock for my water spickett because people were stealing my water. "
    23
    Flag
  • E
    "There is easy access to Mount Vernon Road or 1st Ave for car, bike, or bus. It’s also close to gas station and grocery stores. "
    1
    Flag
  • Terri W. h.
    "we walk our dogs every day, sometimes twice a day! this neighborhood is very walkable and the tree lined streets with the beautiful old houses make every walk a treat. "
    0
    Flag
  • Terri W. h.
    "The most beautiful old homes in town. well kept and the area is very walkable. close enough to the downtown area and yet close to parks and wooded areas to have some wildlife around."
    5
    Flag
  • Kattatude
    "The houses and buildings are for the most part very old so the houses are all different shapes and colors, it’s interesting"
    4
    Flag
  • Marie
    "i've lived in this neighboorhood off and on for 40 yrs. there are good, hardworking people here, but the gangs have taken over whole blocks. many of the children and teens have little respect for people or property. it is highly patrolled by crpd and yet drug dealers thumb their noses at them. you can't go thru one day without some type of disturbance needing police intervention. shootings have increased as have assaults and robberies. its an old neighborhood with lovely homes but it's not worth the aggravation, frustration and anxiety. "
    18
    Flag
  • Tsem1992
    "I have lived in the neighborhood for almost 18 years and if you keep to yourself you will be fine. Most people in this area are looking to take advantage of you, it’s sad and I wish it wasn’t this way but it has been every since I moved here. And maybe it’s the whole city, I’m not sure always lived on the SE side."
    9
    Flag
  • Gregory C.
    "Live and work in this area for 21 years. Most bad ratings are given by those that do not even live here."
    11
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LGBTQ Local Legal Protections

Connor Harris, Burrington Real Estate
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1211 5th Ave SE, Cedar Rapids, IA 52403 is a studio, 1,856 sqft multi-family built in 1914. 1211 5th Ave SE is located in Wellington Heights, Cedar Rapids. This property is currently available for sale and was listed by CRAAR, CDRMLS on Feb 17, 2024. The MLS # for this home is MLS# 2401091.