1545 Washington Ave SE Cedar Rapids, IA 52403 • Multi Unit - Multiple • Active $135,000

Description

A well-maintained and recently updated up/down duplex offering a strong investment opportunity with room to grow. This property features two functional units with desirable layouts. The upper unit includes one bedroom, a living room, dining area, and kitchen, while the lower unit offers one bedroom plus a non-conforming bedroom (no closet), along with a living room, kitchen, and one bathroom, providing added flexibility and appeal for tenants. Recent updates include fresh paint, new flooring, bathroom improvements with a tiled shower in the lower unit, and updated appliances, making the property clean, comfortable, and move-in ready. These updates help minimize immediate maintenance needs while still leaving opportunity for a new owner to further enhance the property over time. Situated on a spacious lot with mature trees and located in SE Cedar Rapids with convenient access to downtown, schools, and surrounding amenities, this property offers a great combination of stability and potential. Whether you're looking to expand your portfolio or get started with a multi-family investment, this is a solid option with both immediate usability and future upside. *photos of upper unit*

Property Highlights

Units