120 17th St NE Cedar Rapids, IA 52402
Mound View NeighborhoodEstimated payment $1,159/month
Highlights
- Popular Property
- Cooling System Mounted To A Wall/Window
- 5-minute walk to Central Park
- No HOA
- Heating System Uses Gas
About This Home
Investment opportunity in the heart of Cedar Rapids! This income-producing fourplex offers a great addition to your portfolio with strong rental potential and recent updates throughout. The property features three 1-bedroom units and one 2-bedroom unit, providing a desirable mix for tenants. Many improvements have already been completed, including updated flooring, fresh paint, and renovated kitchens that give the units a clean, modern feel. Convenient in-town location close to shopping, restaurants, parks, and major roadways. Whether you are looking to expand your investment portfolio or start investing in multifamily properties, this fourplex offers excellent potential and opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,385
Year Built
- Built in 1900
Lot Details
- 5,009 Sq Ft Lot
- Lot Dimensions are 50x100
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2,164 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Trailside Elementary School
- Franklin Middle School
- Washington High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Gas
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 14222-01013-00000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,170 | $137,800 | $28,600 | $109,200 |
| 2024 | $2,132 | $127,000 | $26,400 | $100,600 |
| 2023 | $2,132 | $122,600 | $22,000 | $100,600 |
| 2022 | $2,466 | $101,100 | $22,000 | $79,100 |
| 2021 | $2,400 | $101,100 | $22,000 | $79,100 |
| 2020 | $2,400 | $90,900 | $17,600 | $73,300 |
| 2019 | $2,245 | $69,300 | $17,600 | $51,700 |
| 2018 | $2,056 | $69,300 | $17,600 | $51,700 |
| 2017 | $1,840 | $55,800 | $17,600 | $38,200 |
| 2016 | $1,840 | $55,800 | $17,600 | $38,200 |
| 2015 | $2,390 | $69,538 | $17,600 | $51,938 |
| 2014 | $2,390 | $63,542 | $8,100 | $55,442 |
| 2013 | $2,310 | $63,542 | $8,100 | $55,442 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $180,000 | +71.4% | $83 / Sq Ft | |
| 01/11/2021 01/11/21 | Sold | $105,000 | -7.9% | $49 / Sq Ft | View Prior Sale |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- | |
| 11/29/2020 11/29/20 | Price Changed | $114,000 | -5.0% | $53 / Sq Ft | |
| 10/16/2020 10/16/20 | Price Changed | $120,000 | -4.0% | $55 / Sq Ft | |
| 08/24/2020 08/24/20 | For Sale | $125,000 | -- | $58 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $112,500 | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $45,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $78,750 | New Conventional | |
| Previous Owner | $65,600 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $36,720 | Unknown |
About the Listing Agent
Laura's Other Listings
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2603424
APN: 14222-01013-00000
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Ask me questions while you tour the home.