Property Description

Investment Opportunity – Triplex + Single Family Package

Located on the NW side near the new casino, this fully rented triplex is an excellent addition to your portfolio. The property offers three unique units: a spacious 2-bedroom with a private back deck, a cozy studio apartment, and a 1-bedroom unit. One unit is currently furnished, adding flexibility for short- or long-term rental strategies.

Additional features include off-street parking with 3 spaces in the rear. This property is being sold together with a single-family home just two doors down, creating a rare opportunity for investors to expand holdings in a strong rental market.

Whether you’re looking to grow your portfolio or step into real estate investing with cash flow from day one, this package is worth a closer look! Seller is licensed in the state of Iowa.

Features
: Hot Water, Gas
: Public Sewer
Address Map
IA
Linn
Cedar Rapids
52405
E
720
Avenue
Take 1st Ave west, turn right onto Ellis BLVD, turn left onto E Ave, property is on the right.
NW Quadrant
NW
Neighborhood
Harrison
Jefferson
Roosevelt
MLS Addon
Realty87
Chris Puckett
Sqft0
Sqft0
Sqft0
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Additional Information
: Frame, Vinyl Siding
40 X 140
3
2025-09-15
: Public
Financial
2410.0
Listing Information
puckettchris121
CHED01
Cash, Conventional
Active
2025-09-15T14:16:33Z
CDR
2025-09-15T08:27:02Z

720 E Avenue Nw, Cedar Rapids, Iowa 52405 - Residential For Sale

720 E Avenue Nw, Cedar Rapids, Iowa 52405

1,848 Sqft
$330,000
Listing ID #2507835
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2507835
Price : $330,000
Square Footage : 1,848 Sqft
Year Built : 1900
Status : Active
F 137 : Full
F 146 : Patio, Deck
F 150 : Parking Space(s)
Property Sub Type : Multi Family
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent