Residential For Sale
36,000 Sqft - Miller, Cedar Rapids, Iowa 52404
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Description

The KataLYST Team as part of KW Commercial is pleased to present this multifamily property located at 60 & 64 Miller Avenue Southwest, Cedar Rapids, IA. This property was renovated in 2022 and almost every unit has been re-done. The current owners have spent several hundred thousand in updates and renovations since 2021. Rents still have more room for growth as the current owners were offering reduced rents during renovations to fill a large number of units at once. The 4 bedroom, 2 bath layout offers a unique opportunity both for college housing for Kirkwood Community College, and for families looking to get into the desirable College Community School District. This property was built in 2000 and updated since then. Each unit has it’s own furnace/AC and all utilities are separately metered. You will save a ton in long term maintenance and capital expenses with this property over some of the other options on the market.

Property Description

The KataLYST Team as part of KW Commercial is pleased to present this multifamily property located at 60 & 64 Miller Avenue Southwest, Cedar Rapids, IA. This property was renovated in 2022 and almost every unit has been re-done. The current owners have spent several hundred thousand in updates and renovations since 2021. Rents still have more room for growth as the current owners were offering reduced rents during renovations to fill a large number of units at once. The 4 bedroom, 2 bath layout offers a unique opportunity both for college housing for Kirkwood Community College, and for families looking to get into the desirable College Community School District. This property was built in 2000 and updated since then. Each unit has it’s own furnace/AC and all utilities are separately metered. You will save a ton in long term maintenance and capital expenses with this property over some of the other options on the market.

Basic Details
Property Type:
Residential
Listing Type:
For Sale
Listing ID:
2407332
Price:
$2,790,000
Beds:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
36,000 Sqft
Construction Year:
2000
Lot Size:
1.44 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52404
Status Category:
Active
Features
Heating:
Gas
Cooling System:
Central Air
Parking:
Parking Space(s)
Construction:
Frame, Brick, Vinyl Siding
Address Map
Street:
Miller
Street Number:
60
Floor Number:
0
Longitude:
W92° 20' 23.4''
Latitude:
N41° 55' 28.7''
More Information
Office Name:
Keller Williams 1 Advantage
Agent Name:
Nick Wallraff
Elementary School:
Adams
Jr./Middle School:
Adams
High School:
AGWSR
Directions:
Take the Kirkwood Blvd exit from highway 30 and head south on Kirkwood Blvd. Turn right onto Miller ave and the property will be on your right.
Lot Dimensions:
62726.4
LA1Agent Logon Name:
WALLRAFFNICK121
LO1Main Office ID:
CKW1A
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Keller Williams 1 Advantage
Additional Details
Central Air
Frame, Brick, Vinyl Siding
10/21/2024
Take the Kirkwood Blvd exit from highway 30 and head south on Kirkwood Blvd. Turn right onto Miller ave and the property will be on your right.
62726.4
Urban Acres Real Estate