Description
A well-maintained and recently updated up/down duplex offering a strong investment opportunity with room to grow. This property features two functional units with desirable layouts. The upper unit includes one bedroom, a living room, dining area, and kitchen, while the lower unit offers one bedroom plus a non-conforming bedroom (no closet), along with a living room, kitchen, and one bathroom. Recent updates include fresh paint, new flooring, bathroom improvements with a tiled shower in the lower unit, and updated appliances, making the property clean, comfortable, and move-in ready. These updates help minimize immediate maintenance needs while still leaving opportunity for a new owner to further enhance the property over time. Whether you're looking to expand your portfolio or get started with a multi-family investment, this is a solid option with both immediate usability and future upside. *photos of upper unit*
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 1,584
County: Linn
High School: Washington
Listed By:
SKOGMAN REALTY
319-625-6427
Travis Gaule
Cedar Rapids MLS
MLS ID: 2602359
Shown By
Agent Name: Jamie Wiley
Agent Phone: (224) 383-8365
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Get in Touch
Shown By
Agent Name: Jamie Wiley
Agent Phone: (224) 383-8365
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
1545 Washington Avenue Se, Cedar Rapids, IA 52403.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $135,000 | $135,000 | $135,000 |
| Down Payment | $27,000 | $4,725 | $33,750 |
| Monthly Mortgage Amount | $648 | $795 | $827 |
| Taxes | $188 | $188 | $188 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $59 | $0 |
| Monthly Estimated Total | $936 | $1,142 | $1,115 |