1545 Washington Ave SE Overview
- Time on Site:
- 84 days
- Visits:
- 2
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*
1545 Washington Ave SE Facts & Features
- Type Multi-Family
Details
General
Association/HOA
- Association Fee: N/A
School Information
- Elementary School: Johnson
- Middle Or Junior School: Mckinley
- High School: Washington
Income/Expenses
- Gross Income: 22200
Building Information
- New Construction: No
- Year Built: 1895
Location/Region
- County Or Parish: Linn
- MLS Area Major: Out Of Area
- Subdivision Name: N/A
Community/Development
- Community Features: Sidewalks,Close to School
Tax Information
- Tax Year: 2024
General Information
- Property Sub Type: Multi-Family
- Property Type: MULTI-FAMILY
- Zoning: residential
Interior
Building Interior
- Above Grade Finished Area: 1584
General Information
- Appliances: Range/Oven,Refrigerator
- Basement: Block
- Fireplaces Total: 0
Exterior
Parking Information
- Parking Total: None
Lot Information
- Lot Size Dimensions: 42x140
General Information
- Number Of Units Total: 2
1545 Washington Ave SE Neighborhood
Community
52403 (CEDAR RAPIDS) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1545 Washington Ave SE Monthly Cost
1545 Washington Ave SE Market Data
Based on the last 30 days in this zip code
1545 Washington Ave SE History
| Date | Value | Agent |
|---|---|---|
| 4/13/2026Source: Iowa City MLS | Active |
|
| 4/7/2026Source: Iowa City MLS | April 07, 2026 |
