1545 Washington Avenue SE Cedar Rapids, IA - Image 11545 Washington Avenue SE Cedar Rapids, IA - Image 21545 Washington Avenue SE Cedar Rapids, IA - Image 31545 Washington Avenue SE Cedar Rapids, IA - Image 41545 Washington Avenue SE Cedar Rapids, IA - Image 51545 Washington Avenue SE Cedar Rapids, IA - Image 61545 Washington Avenue SE Cedar Rapids, IA - Image 71545 Washington Avenue SE Cedar Rapids, IA - Image 81545 Washington Avenue SE Cedar Rapids, IA - Image 91545 Washington Avenue SE Cedar Rapids, IA - Image 101545 Washington Avenue SE Cedar Rapids, IA - Image 111545 Washington Avenue SE Cedar Rapids, IA - Image 121545 Washington Avenue SE Cedar Rapids, IA - Image 131545 Washington Avenue SE Cedar Rapids, IA - Image 141545 Washington Avenue SE Cedar Rapids, IA - Image 151545 Washington Avenue SE Cedar Rapids, IA - Image 161545 Washington Avenue SE Cedar Rapids, IA - Image 171545 Washington Avenue SE Cedar Rapids, IA - Image 181545 Washington Avenue SE Cedar Rapids, IA - Image 191545 Washington Avenue SE Cedar Rapids, IA - Image 20

$135,000

0 Beds 0 Baths 1,584 SQFT 14.00 Acres
Type: Multi-Family

1545 Washington Avenue SE
Cedar Rapids, IA 52403

MLS#: 2602359
Angie Buck
Angie Buck
Pinnacle Realty
Realtor
Phone: 319.361.9457
Office: 319.393.0900
Presented by: SKOGMAN REALTY

Property 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*


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Heating Y/NYes

General

CityCedar Rapids
Construction MaterialsFrame, Vinyl Siding
CountyLinn
Directions1st Ave to 15th St SE, Left on Washington Ave
Elementary SchoolJohnson
Gross Income1850
HeatingForced Air, Gas
High SchoolWashington
Legal DescriptionBEVER PARK 1ST W 42' STR/LB 3 13
Lot Size UnitsAcres
MLS AreaSE Quadrant
Middle/Junior High SchoolMcKinley
ModificationTimestamp2026-04-07T14:00:36.370-00:00
Net Operating Income823
Number Of Units Total2
Operating Expense1026
OwnerPaysElectricity, Gas, Water
Patio/Porch FeaturesDeck, Patio
PossessionClose Of Escrow
PostalCityCedar Rapids
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeResidential
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount$1,452
Virtual TourClick here
Year Built1895

Exterior

Exterior AmenitiesFence
Foundation DetailsBlock
Lot Dimensions42x140
Lot Size Acres14
Lot Size Area14 sqft
Water SourcePublic

Additional Details

Price History

Schools 

Middle School McKinley Middle School

  

Similar Properties

$135,000

0 Beds 0 Baths 1,584 SQFT 14.00 Acres
Type: Multi-Family

1545 Washington Avenue SE
Cedar Rapids, IA 52403

MLS#: 2602359
Angie Buck
Angie Buck
Pinnacle Realty
Realtor
Phone: 319.361.9457
Office: 319.393.0900