Map location of 514 16th St Ne, Cedar Rapids, IA 52402
$140,000
Unlock Price Rating!

514 16Th St Ne, Cedar Rapids, IA 52402

Listing By: Jack Brundell - INTREPID REAL ESTATE iacraor Realty.com
 Contact
- Beds
0 Baths
2,116 Sq Ft

This duplex offers excellent flexibility for a new owner with existing leases in place. One unit features a newly signed one-year lease at $1,575 per month, while the second unitoccupied by a long-term tenant of over 10 yearscurrently rents for $525 per month. The lower-rent unit presents a strong value-add opportunity and could be converted into a furnished rental for traveling nurses or data-center professionals to significantly increase cash flow. The property sits high on the lot, providing excellent water drainage away from the foundation. The owner currently covers utilities; however, an additional value-add opportunity exists by separating the electric meters, finishing the attic, or making the efficiency unit a 1 or 2 bed unit down the road.

  • MLS# 2509848
  • Date Listed12/15/2025
  • Days on Realty 1 Day
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.06 acres (2,657 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Linn
  • Year Built 1910
  • Water Public
  • Square Feet 2,116 sq. ft
  • Price Per Sq. Ft $66.16

Interior Features

  • Cooling Central Air
  • Heating Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.06
  • Lot Size SQFT 2,657.16
  • Lot Features -

Directions

Right off 16Th St NE

Financial Considerations

  • Tax Amount $1,957
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IA / 52402

Source: Walkscore

83/100

Very Walkable

Walk Score ®

29/100

Some Transit

Transit Score ®

61/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 15/100, Bike Score: 36/100.

Points of Interest near 514 16th St Ne, Cedar Rapids, IA 52402

Frequently Asked Questions for 514 16th St Ne

Source: Realty.com

514 16th St Ne, Cedar Rapids, IA 52402 is a Multi Family, Residential Income property listed for $140,000 The property is 2116 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 4 photos of 514 16th St Ne.

Our records indicate that 514 16th St Ne was built in 1910.

The full address for this home is 514 16th St Ne, Cedar Rapids, IA 52402.

514 16th St Ne has been listed on Realty.com since Mon December 15, 2025

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 15/100, Bike Score: 36/100.

Listing provided courtesy of: INTREPID REAL ESTATE (tel: 3198997890)
Listing agent: Jack Brundell (#BRUNDELLJACK121)

This content last refreshed on 2025-12-16 06:49:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 514 16th St Ne, Cedar Rapids, IA 52402 : MLS# 2509848

Message
Tour
Chat