4627 1st Ave SW APT 1, Cedar Rapids, IA, 52405
About This Home
Calling all investors to check out this tenant occupied property. This main level apartment features a spacious living area, in unit laundry and a detached garage. The HOA handles exterior maintenance; lawn care, and snow removal, allowing for low-maintenance ownership. And it is conveniently located near restaurants, schools, and major roadways.Whether you're expanding your investment portfolio or purchasing your first rental property, this is an opportunity to own a tenant-occupied property.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1997
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Vinyl
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Refrigerator,Range,Dishwasher,Microwave,Disposal,Washer,Dryer
- Laundry features: Main Level
Basement
- Basement: None
Bedroom1
- Level: First
- Area: 133.83
- Dimensions: 12.2x11
Bedroom2
- Level: First
- Area: 113.82
- Dimensions: 12.5x9.2
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Window features: Window Treatments
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area above ground: 900
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 900 sqft
Kitchen
- Level: First
- Area: 78.47
- Dimensions: 9.5x8.4
Living Room
- Level: First
- Area: 296.08
- Dimensions: 17x17.5
Property
Details
- Parcel number: 132537700401024
- Zoning: Residential
Features
- Fencing: Fenced
Lot
- Lot size dimensions: 0
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
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
- Hail
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $758 | $9,096 |
| Home Insurance * | $100 | $1,200 |
| Property Taxes | $183 | $2,196 |
| Electricity | $121 | $1,452 |
| Total | $1,162 | $13,944 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-01 | Listed for sale | $150,000 |
| 2026-02-27 | Listing removed | $1,200 |
| 2026-02-13 | Listed for rent | $1,200 |
| 2026-02-03 | Listing removed | $1,200 |
| 2026-01-27 | Listed for rent | $1,200 |
| 2025-05-26 | Listing removed | $1,200 |
| 2025-04-08 | Listed for rent | $1,200 |
| 2025-03-07 | Listing removed | $1,200 |
| 2025-01-13 | Listed for rent | $1,200 |
| 2024-09-14 | Listing removed | $1,200 |
| 2024-07-31 | Listed for rent | $1,200 |
| 2024-07-21 | Listing removed | -- |
| 2024-07-08 | Price change | $1,200 |
| 2024-06-23 | Price change | $1,150 |
| 2024-06-19 | Price change | $1,100 |
| 2024-06-05 | Listed for rent | $1,300 |
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