720 E Ave NW, Cedar Rapids, IA 52405
SOLD
NOV 21, 2025

720 E Ave NW
Cedar Rapids, IA 52405

  • Studio
  • 1,848 sqft

$305,000

Last Sold: Nov 21, 2025
8% below list $330K
$165/sqft

$305,000

Last Sold: Nov 21, 2025
8% below list $330K
$165/sqft
Studio
1,848 sqft

Homes for sale near 720 E Ave NW

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Investment Opportunity – Triplex + Single Family Package

Located on the NW side near the new casino, this fully rented triplex is an excellent addition to your portfolio. The property offers three unique units: a spacious 2-bedroom with a private back deck, a cozy studio apartment, and a 1-bedroom unit. One unit is currently furnished, adding flexibility for short- or long-term rental strategies.

Additional features include off-street parking with 3 spaces in the rear. This property is being sold together with a single-family home just two doors down, creating a rare opportunity for investors to expand holdings in a strong rental market.

Whether you’re looking to grow your portfolio or step into real estate investing with cash flow from day one, this package is worth a closer look! Seller is licensed in the state of Iowa.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 13, 2025

Home Highlights

Parking
3 Parking Spaces
Outdoor
Patio, Deck
A/C
Heating only
HOA
None
Price/Sqft
$165/sqft
Listed
180+ days ago

Home Details for 720 E Ave NW

Interior Features

Interior Details
Basement: Full
Dimensions and Layout
Living Area: 1848 Square Feet
Heating & Cooling
Heating: Gas,Hot WaterHas HeatingHeating Fuel: Gas

Exterior Features

Exterior Home Features
Patio / Porch: Deck, Patio
Parking & Garage
No Attached GarageParking Spaces: 3Parking: Parking Space(s)
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi Family
Building
Construction Materials: Frame, Vinyl Siding
Property Information
Parcel Number: 142046301100000

Price & Status

Price
List Price: $330,000Price Per Sqft: $165/sqft
Status Change & Dates
Off Market Date: Tue Oct 14 2025Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: Cedar Rapids
School Information
Elementary School: HarrisonJr High / Middle School: RooseveltHigh School: Jefferson

HOA

Association for this Listing: Cedar Rapids Area Association Of Realtors

Lot Information

Lot Area: 5600 sqft

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

Owner Pays: Water

Miscellaneous

BasementMls Number: 2507835Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19113-N-142046301100000-R-N
Last check for updates: about 10 hours ago
Listed by Chris Puckett, (319) 899-4705
Realty87
Bought with: Rick Povey, (319) 389-5803, Realty87
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2507835

Price History for 720 E Ave NW

DatePriceEventSource
11/21/2025$305,000Sold
CRAAR, CDRMLS #2507835
10/14/2025$330,000PendingCRAAR, CDRMLS #2507835
09/15/2025$330,000Listed For SaleCRAAR, CDRMLS #2507835
02/26/2024ListingRemovedIowa City Area AOR #202105113
03/04/2022$135,000Sold
CRAAR, CDRMLS #2106263
02/08/2022$135,000ContingentIowa City Area AOR #202105113
01/22/2022$135,000PendingCRAAR, CDRMLS #2106263
10/02/2021$135,000PriceChange
CRAAR, CDRMLS #2106263
09/09/2021$145,000Listed For SaleCRAAR, CDRMLS #2106263
01/23/2004$59,500Sold
N/A
01/07/1998$61,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$2,410
Assessment$142,700
Home facts updated by county records

Comparable Sales for 720 E Ave NW

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
716 E Ave NW, Cedar Rapids, IA
0.00
Multi-Family Home
$152,000
11/10/25
-
1,616
418 A Ave NW, Cedar Rapids, IA
0.23
Multi-Family Home
$103,000
09/03/25
-
1,384
702 9th St SW, Cedar Rapids, IA
0.62
Multi-Family Home
$186,000
08/27/25
-
2,303
1400 7th Ave SW, Cedar Rapids, IA
0.70
Multi-Family Home
$335,000
12/15/25
-
3,360
222 5th Ave SW, Cedar Rapids, IA
0.62
Multi-Family Home
$100,000
06/25/25
-
2,274
605 4th St SW, Cedar Rapids, IA
0.69
Multi-Family Home
$129,000
09/22/25
-
1,720
2916/2918 Johnson Ave NW, Cedar Rapids, IA
1.21
Multi-Family Home
$247,500
06/13/25
-
2,350
1616/1618 18th St NW, Cedar Rapids, IA
1.15
Multi-Family Home
$175,000
10/03/25
-
1,884

Assigned Schools

These are the assigned schools for 720 E Ave NW.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Cedar Rapids

At least 698 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 88 % Say it's dog friendly

  • 85 % Say parking is easy

  • 82 % Say yards are well-kept

  • 74 % Say there are sidewalks

  • 73 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 56 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 53 % Say there's wildlife

  • 53 % Say streets are well-lit

  • 49 % Say they plan to stay for at least 5 years

  • 46 % Say it's walkable to grocery stores

  • 42 % Say it's walkable to restaurants

  • 24 % Say there are community events

Learn more about our methodology.
  • Marcy Boyd
    "I do not have any personnel knowledge of public transportation as I don’t utilize it but I do know there is a bus stop about a block from our residence. With the change in seasons and time change this weekend, people will be coming out as weather permits. There will a reunion of sorts since we’ve finally ventured out. In the Spring there will be garage sales, summer will have festivities all over the neighborhood & surrounding towns. Fall will welcome kids back to school & winter will have Christmas decorations & lights in the neighborhood "
    0
    Flag
  • Marcy Boyd
    "Neighbors are all friendly. Summertime there are planned get together and spontaneous gatherings. Kids ride their bikes and the little ones ride trikes or big wheels. There is a mix or generations with young families up to retired people. "
    0
    Flag
  • Marcy Boyd
    "Nice people, dog friendly and a bit older so kids not around much. Yards are kept up, snow removal becomes a commmunity affair unless snow large amount at one time. Then the paid snow removers are brought in. "
    0
    Flag
  • Tara Wilford
    "Friendly, safe and easily accessible. It’s a bigger city with a small town feel in Iowa. Lots of great restaurants!"
    0
    Flag
  • JoAnna S Branquinho
    "I’ve lived here 6 years and love it. The community involvement and report is literally everything we could want and more."
    0
    Flag
  • Treeamina Keyes
    "I’ve been living here for a couple of months and it’s very quiet. The neighbors are very nice. They speak to you. I like it here. The kids are always outside playing which is nice the neighbors barbecue all the time."
    0
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  • Cynthia Van Den Baard
    "This neighborhood, in some areas are great for kids and other areas, not so and in my neighborhood no parks or things to do for kids. "
    0
    Flag
  • Cynthia Van Den Baard
    "Dogs not allowed in our HOA. I do see people walking their dogs in our neighborhood and they clean up after them. "
    1
    Flag
  • Aboum B
    "I live there for 1 year and most of neighbors are friendly, the area is so quiet . I believe to be the same in the future. My friends also are planing to move in this area , they love it. "
    0
    Flag
  • Debra Rosemary Gagnon
    "I love the old, beautiful homes... There's plenty of awesome people living in them, too. My kind of people. ❤️"
    5
    Flag
  • Trulia User
    "Even though it's a family oriented neighborhood, ALWAYS KNOW WHERE YOUR CHILDREN ARE, WHO THEY'RE WITH, THE ROUTE THEY ARE TO TAKE TO GET BACK HOME, AND DO SURPRISE CHECKS ONCE IN AWHILE! That's what kept me on my toes!!!! "
    2
    Flag
  • Trulia User
    "I've grew up in the country I also have lived in town I lo I live downtown I get along with everyone"
    1
    Flag
  • Trulia User
    "Neighborhood block parties are fun. It's a chance to meet new people and their families. The kids can maybe find new playmates."
    0
    Flag
  • Trulia User
    "its a wonderful place to live its all around the perfect place to raise a family. its easy to get downtown and just any where you want to go. Check it out for your self you won't be sorry"
    2
    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. "
    4
    Flag
  • Trulia User
    "it's not a safe neighborhood. there are gunshots on a weekly basis. I do not recommend anyone move to this area, especially if they have children. we have seen police presence, high speed chases, drug deals in the street, people walking their dogs off leash. it's not safe."
    9
    Flag
  • Julikrathje
    "People's yards are large and well maintained as well as pride of ownership shows! Close to shops and restaurants but this neighborhood is quiet and the neighbors couldn't be friendlier."
    8
    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
  • Trulia User
    "Very quiet and well maintained. Mostly older couples. Not a ton of younger kids but very kid friendly."
    0
    Flag
  • Trulia User
    "Neighbors are friendly and kind. Neighborhood is great for taking walks and bike rides, and only a short 10 minute walk to Newbo. Pleasant neighborhood that I’ve enjoyed living in, however street lights are not always plentiful or working, so walks may be better taken during daylight. Really feel like this area is quaint and quiet, but just needs a little love from the city to give it a facelift. "
    1
    Flag
  • Trulia User
    "I drive my own personal vehicle. It's not convenient or conducive to major travel in the town. During mid-day, the bus runs every hour. Also it's designed too serve certain neighborhoods"
    0
    Flag
  • Trulia User
    "Mt mercy university has alot of events and shopping is close, hyvee, fairway, and lots of places to eat."
    0
    Flag
  • Trulia User
    "lived her for 32 years and not many ever move...its whats called a pocket neighborhood which I guess is a good thing. our neighbors look out for each other. it's nice."
    4
    Flag
  • Trulia User
    "always lots of people walking dog's, decent neighborhood.. there is not a ton of traffic, most people seem friendly "
    0
    Flag
  • Jenniferaguayo47
    "Amazing, neighborhood feels right at home. Most neighbors are very friendly! great people lots of resources. "
    2
    Flag
  • Nicole K.
    "Family friendly neighborhood but we need work on sidewalks. Convenient to the interstate 380 is very nice!"
    0
    Flag
  • Amrosenberg1113
    "It’s a great area, super close to anything you need on a regular basis. Most People are great with a few people who choose to not take care of their properties, but most are good. Been here for 11 years and crime is low. Definitely a great spot for young bachelors or couples. "
    0
    Flag
  • Erin N.
    "Our neighborhood is very close to I-380, and there are many stores within a five to ten minute drive. Close to park, pools, fishing. There are even trails to walk along the Cedar River."
    0
    Flag
  • Lakin G.
    "Easy access to 1st ave and the interstate. Getting anywhere in Cedar Rapids is gonna take 15 minutes or less"
    1
    Flag
  • David S.
    "Lived here my whole life and it’s great, very friendly and safe neighborhood. Great place to raise kids. "
    0
    Flag
  • Kenzie98701
    "I see dogs being walked off leash, there’s cats, there’s heavy traffic, parks are a drive to be able to run with dogs "
    0
    Flag
  • Kaela B.
    "Always something going on. Downtown is fun on weekend nights. Always stores open. Many good restaurants in all areas"
    0
    Flag
  • Drakken625
    "it really easy specially if your from a big city. So enjoy the easy drive times to almost any where in the city!!!"
    1
    Flag
  • Jlsander
    "Many people are out walking their dogs in this neighborhood. It would be nice to be closer to a dog park."
    1
    Flag
  • O. S-G.
    "They would be able to walk their dog all the time. Make sure that their dogs are used to fireworks when the parks set them off on July 4th each year."
    0
    Flag
  • Amy M.
    "It’s literally perfect for everywhere! I’m almost spot on living in the middle of everywhere I would need/like to go!"
    0
    Flag
  • Adaml
    "Everyone has a dog. Nothing to not like. Big yards and super nice people everywhere. Also close enough to town but doesn’t feel that way. "
    1
    Flag
  • Pavan C.
    "We have apartment potluck from time to time. There is also lot of events in the newbo and downtown areas. "
    0
    Flag
  • Grdnsal
    "Normal community, lots of activities for all ages. Very family oriented. A great community to raise a family. "
    0
    Flag
  • Kjmazzocco
    "We have holiday parties for the kids. There are senior breakfasts every third Weds of the month, card gatherings twice a week, and an annual garage sale!"
    0
    Flag

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Homes for rent near 720 E Ave NW

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Off Market Homes Near 720 E Ave NW

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720 E Ave NW, Cedar Rapids, IA 52405 is a studio, 1,848 sqft multi-family built in 1900. This property is not currently available for sale. 720 E Ave NW was last sold on Nov 21, 2025 for $305,000 (8% lower than the asking price of $330,000). The current Trulia Estimate for 720 E Ave NW is $309,100.