116 15th St NE Cedar Rapids, IA 52402
Listing Courtesy of: CEDAR RAPIDS / Coldwell Banker Hedges Realty / Jeremy Trenkamp

  116 15th St NE Cedar Rapids, IA 52402

Active (30 Days)
$249,900

Description

Loads of potential in this Cedar Rapids multiplex. The main floor offers 2 commercial spaces with an office, store front, storage and a single bathroom each. These units could be converted into residential rental units if needed. 2 main floor commercial units are currently vacant. Upstairs offers 2 separate 3-bedroom, 1-bathroom units. Each unit is fully furnished and furnishings are included. The upstairs units are currently rented by the single room and the units share the kitchen, living space. Current tenants are short-term contracts that can be extended if a new buyer chooses or the units could be rented as 2 separate 3-bedroom units. There are 4 updated HVAC units for each of the 2 commercial spaces and the 2 rental units upstairs. Updates include newer vinyl siding, windows and roof.

MLS #:
2501372
Taxes
$1,927
Lot Size
2,483 SQFT
Type
Multifamily
Year Built
1913
County
Linn County

Listed By

Jeremy Trenkamp, Coldwell Banker Hedges Realty
Source
CEDAR RAPIDS
Last checked Apr 4 2025 at 12:44 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Gas
  • Forced Air
  • Central Air
Basement Information
  • Full
Utility Information
  • Utilities: Water Source: Public, Separate Meters
  • Sewer: Public Sewer
School Information
  • Elementary School: Trailside
  • Middle School: Franklin
  • High School: Washington
Living Area
  • 3,565 sqft
Location
   
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Disclaimer: Copyright 2025 Cedar Rapids Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 4/3/25 17:44