1416 3rd Avenue SE Cedar Rapids, IA 52403

Fully rented 4-pex with solid cash flow! This Four-plex has two 1 -bedroom units and 2 two-bedroom units. This is an ideal investment opportunity for first time investor - great cash flow. Located on the SE side of Cedar Rapids, near the med quarter and adjacent to St Paul’s church. New roof and oth...er updates since owner purchased in 2023. Spacious backyard with detailed garage that is rented out to tenants. On site laundry. Perfect for a new owner to take over and begin generating income from day one. One unit and basement will be shown with 48 hours notice. Remaining units will be shown with accepted offer. Property is being sold AS IS. Continue reading