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1545 Washington Avenue SE Cedar Rapids, IA 52403 • Multi Unit - Multiple • Active

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New - 2 Hours Ago
  • 1545 Washington Avenue Se, Cedar Rapids, IA 52403 Main Photo

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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
$135,000
Est. $936/mo
1,584sqft
New to the Market Active
BEDS0 BATHS SQUARE FEET1,584 MLS#2602359
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCedar Rapids
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Agent Name: Sky Huston
 Agent Phone: (309) 221-2535
 Agency Title: Ruhl&Ruhl Realtors
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1545 Washington Avenue Se, Cedar Rapids, IA 52403.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 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

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/07/2026. The listing information on this page last changed on 04/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/07/2026 4:21:56 AM EST) or MRED MLS (last updated Tue 04/07/2026 2:04:12 AM EST) or SCWMLS (last updated Mon 04/06/2026 11:54:42 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/06/2026 10:16:16 PM EST) or Cedar Rapids MLS (last updated Mon 04/06/2026 10:46:09 PM EST) or NEIRBR MLS (last updated Tue 04/07/2026 1:18:41 AM EST) or ICAAR MLS (last updated Mon 04/06/2026 11:37:29 PM EST) or ECIMLS (last updated Mon 04/06/2026 11:44:13 PM EST) or RMLSA (last updated Tue 04/07/2026 1:10:55 AM EST) or Muscatine MLS (last updated Tue 04/07/2026 2:00:22 AM EST) or No Coast MLS (last updated Tue 04/07/2026 12:44:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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