605 4th Street SW, Cedar Rapids, IA 52404
- Sqft
- 1,720
View property features, location on map, relevant school information and overview from seller's agent.
- 1
- 0
Overview
Fantastic Investment Opportunity! Fully Occupied 4-Unit Building
This well-maintained four-plex is fully rented and generating income from day one! Current rents are $500, $435, $440, and $440 per month, with tenants responsible for all utilities—keeping your overhead low.
Why You’ll Love It:
Affordable entry into multi-family investing
Solid rental history with consistent occupancy
Tenants pay all utilities
Value-Add Potential:
Take this property to the next level by adding features like dishwashers, mini-split systems, or in-unit laundry to increase value and maximize rental income.
You won’t find another 4-plex at this price point and condition—don’t miss your chance to own a cash-flowing asset!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 1,720
- Lot size (acres)
- 0.07
- Year built
- 1900
Interior features
- Basement
- Yes
Utilities
- Heating
- Natural gas, Forced air
- Cooling
- Window unit(s), Wall/window unit(s)
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount
- $1,910
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Cedar Rapids Area Association of REALTORS MLS®#: 2506245 Last checked: …
