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  • 623 days on site
  • 8 views

42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.

Source: Cedar Rapids Area MLS, MLS#: 2407186

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  • Property Type
    Residential
  • Lot
    1.05 acres

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Karen Kayser

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 732,736,740 Michael Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/13/2026Source: Cedar Rapids Area MLS Price Reduction
$3,650,000 -2.7%
10/1/2025Source: Cedar Rapids Area MLS Price Reduction
$3,750,000 -2.6%
4/8/2025Source: Cedar Rapids Area MLS Price Reduction
$3,850,000 -3.8%
10/15/2024Source: Cedar Rapids Area MLS Added to Database
October 15, 2024
Listing provided courtesy of LEPIC-KROEGER, REALTORS- MLS# 2407186MLS Provider