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140 35th Street Dr SE APT 3, Cedar Rapids, IA, 52403

2beds
2baths
1,177sqft
$209,950
$178price/sqft
$1,688/moest. monthly cost
$67,520/yrincome needed

About This Home

Welcome to Unit 3 at 140 35th St Dr SE in Cedar Rapids! This inviting condo offers comfortable, low-maintenance living in a convenient SE side location. Inside, you’ll find a bright and open living space that flows effortlessly into the dining area and kitchen, creating a functional layout ideal for both relaxing and entertaining. Large windows, and vaulted skylights provide great natural light, giving the home a warm and welcoming feel. The kitchen offers ample cabinetry and counter space, making every day cooking easy and efficient. This unit differs from the others because it adds extensive square footage with a full-sized basement. With a little carpet and drywall, the opportunities are endless with this massive extra space. The spacious bedrooms offer generous closet space, while the master has its own in-suite for personal use, as well as a massive second bathroom that is well-appointed in the hall, and easily accessible for guests. In-unit conveniences and practical storage add to the overall functionality of the home, including a one stall attached garage. Enjoy easy access and the simplicity of condo living, located close to shopping, dining, parks, and major roadways. This property combines convenience and affordability. Whether you’re looking to owner-occupy or add to your investment portfolio, Unit 3 is a fantastic opportunity. New exterior paint to be completed in May.

Getting Around

76
WalkingVery Walkable
24
TransitMinimal Transit
42
BikeSomewhat Bikeable

Schools

2/10
Franklin Middle SchoolGrades 6-81.2 mi
3/10

Construction

Condition

  • Year built: 1993

Materials

  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Ranch
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Microwave,Range,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Kitchen/Dining Combo,Bath in Primary Bedroom,Main Level Primary,Vaulted Ceiling(s)
  • Finished area below ground: 0
  • Finished area above ground: 1,177

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,177 sqft

Other

  • Level: First

Property

Details

  • Parcel number: 141127601501002

Features

  • Stories: 1

Lot

  • Lot size dimensions: Common

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage,Off Street,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Hail
Ice Storm
Lightning
Tornado

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,061$12,732
Home Insurance *$196$2,352
Property Taxes $310$3,720
Electricity $121$1,452
Total$1,688$20,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,874/yr
40% on housing$50,640/yr
45% on housing$45,013/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.0%
13.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 52403$146
Linn County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 52403$125
Linn County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-06Listed for sale$219,950

For Sale by Agent

AgentMike Graf-Graf Home Selling Team
BrokerageGRAF REAL ESTATE, ERA POWERED

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