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900 2nd St SE APT 607, Cedar Rapids, IA, 52401

2beds
2baths
1,546sqft
$434,000
$281price/sqft
$3,419/moest. monthly cost
$136,760/yrincome needed

About This Home

This exceptional sixth-floor condo boasts some of the building's best unobstructed views of the Cedar River, downtown skyline, and the vibrant NewBo District. Offering 1,546 sq. ft., this light-filled home features 2 bedrooms, 2 baths, and an open-concept design perfect for both everyday living and entertaining. Enjoy breathtaking sunsets from your private balcony, then step outside to experience NewBo's restaurants, boutiques, trails, and year-round events—all just moments away. The secure building includes elevator access, one heated underground parking stall, and an environmentally conscious Green Roof that is the perfect place to gather. Water Tower is professionally managed and pet friendly. All owners share a fully furnished guest condo, too. Experience low-maintenance luxury and one of the best views in downtown Cedar Rapids. Call today for a private showing!

Getting Around

74
WalkingVery Walkable
38
TransitSome Transit
70
BikeVery Bikeable

Schools

3/10
3/10
McKinley STEAM AcademyGrades 6-80.6 mi
4/10

Construction

Condition

  • Year built: 1925

Materials

  • Construction materials: Block,Partial Brick,Masonry,Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Intercom Or Radio,Microwave,Refrigerator,Oven,Washer

Basement

  • Basement: See Remarks

Bedrooms & Bathrooms

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

Features

  • High Ceilings,Breakfast Bar
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,546

Heating & Cooling

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

Interior Area

  • Total structure area: 1,546
  • Total interior livable area: 1,546 sqft

Property

Details

  • Parcel number: 142818600201048
  • Attached to another structure: Yes
  • Zoning: Residential
  • Special condition: Standard

Features

  • Exterior features: Balcony

Lot

  • Lot size dimensions: Common

Parking

  • Total spaces: 1
  • Parking features: Heated 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
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Winter Weather
Cold Wave
Ice Storm
Lightning

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 $2,194$26,328
Home Insurance *$397$4,764
Property Taxes $707$8,484
Electricity $121$1,452
Total$3,419$41,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,222/yr
40% on housing$102,570/yr
45% on housing$91,173/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

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 52401$187
Linn County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 52401$79
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
2026-07-28Pending sale$434,000
2026-07-15Listed for sale$434,000
2026-06-30Pending sale$434,000
2026-06-27Listed for sale$434,000
2016-05-19Sold$317,000
2016-02-24Price change$340,000
2015-10-21Listed for sale$360,000
2012-02-28Sold$224,900
2007-03-01Sold$443,500

For Sale by Agent

AgentLori Frett
BrokerageSkogman Realty Co.

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