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508 3rd Avenue SW

Cedar Rapids, IA 52407
  • $121,000
  • STATUS: Closed
  • ON SITE: 425 Days
  • MLS #: 2408288
Sold - 02/24/2025
$121,000
SOLD - 02/24/2025
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,591
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Very well priced Fully rented Mixed Use multifamily and commercial space building for sale. Right down the road from Kingston Yard Development, 508 3rd contains 5 1Bed multifamily units with a commercial space facing 3rd Ave. Although this property will have some maintenance/rehab as any... It has both long term and short term investment benefits many will notice.

Monthly Payment Calculator

© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-02-08T15:42:36.593.
www.buyandselliowa.com/homes/158604705
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508 3rd Avenue SW Cedar Rapids, IA 52407

  • Price: $140,000
  • Status: Closed
  • On Site: 425 Days
  • Updated: 44 min ago
  • MLS #: 2408288
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1,591
SQFT
$0
$/SQFT
1900
Built
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Property Description
Very well priced Fully rented Mixed Use multifamily and commercial space building for sale. Right down the road from Kingston Yard Development, 508 3rd contains 5 1Bed multifamily units with a commercial space facing 3rd Ave. Although this property will have some maintenance/rehab as any... It has both long term and short term investment benefits many will notice.
Exterior Features

Construction Materials Frame

Interior Features

Basement YN Yes Heating Central Heating YN Yes Levels Two

Property Features

Building Features Multi- Tenant Inclusions Building Land Lease Considered YN No Listing Terms Cash Other Possession Closing Property Sub Type Retail Property Sub Type Additional Retail Sewer Public Sewer Tax Annual Amount 2358 Utilities Electricity Available Natural Gas Available Water Source Public Zoning UNG Zoning Description UNG

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Jack Brundell of GLD COMMERCIAL: 319-731-3400.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-02-08T15:42:36.593.
 
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Key Realty
4403 1st Av SE, #300
Cedar Rapids IA, 52402