Arvin Van Waardhuizen

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329 SE 12th AveCedar Rapids, IA 52401

Multi-Family
$5,800,000 Active

329 SE 12th Ave Overview

Time on Site:
572 days
Visits:
25

329 on 12th is a Mixed-Use Investment opportunity located in the heart of the NewBo District in Cedar Rapids, Iowa. Built in 2017, this Class A Investment property consists of 20 market-rate residential apartment units and 9,398 SF of fully leased Commercial Office space. For more information about 329 on 12th or to schedule a showing, contact listing broker only. Confidentiality Agreement required to view the Offering Memorandum, contact listing broker.

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329 SE 12th Ave Facts & Features

  • Type Multi-Family

Details

General

Association/HOA

  • Association Fee: YES
  • Association Fee Includes: Bldg&Liability Insurance,Exterior Maintenance,Garbage Pickup,Grounds Maintenance,Heating/Cooling,Pest Control/Termite,Security,Sewer,Water,Other

School Information

  • Elementary School: Grant Wood
  • Middle Or Junior School: Mckinley
  • High School: Washington

Income/Expenses

  • Gross Income: 238813

Building Information

  • New Construction: No
  • Year Built: 2017

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: Out Of Area
  • Subdivision Name: SE Quadrant

Community/Development

  • Community Features: Pet Policy,Security,Sidewalks,Street Lights,Close to Shopping,On Bus Line,Live/Work

Tax Information

  • Tax Year: 2023

General Information

  • Property Sub Type: Multi-Family
  • Property Type: MULTI-FAMILY
  • Zoning: Residential and Commercial

Interior

Building Interior

  • Above Grade Finished Area: 22860

General Information

  • Appliances: Dishwasher,Range/Oven,Refrigerator,Dryer,Microwave,Washer
  • Basement: See Remarks
  • Fireplaces Total: 0

Exterior

Parking Information

  • Parking Total: 1 Car

Lot Information

  • Lot Size Dimensions: 1.16

General Information

  • Number Of Units Total: 23

329 SE 12th Ave Neighborhood

Community

52401 (Cedar Rapids) Demographics

34
Median Age
1,624
Population Density (per sq. mile)
46%
College Educated
$39,361
Estimated Median Income
242
Estimated Total Home Owners
901
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

329 SE 12th Ave Monthly Cost

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$ %
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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

329 SE 12th Ave Market Data

Based on the last 30 days in this zip code

$350,204
Average List Price
$244
Average Price per Square Foot
2
Properties Sold
75
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

329 SE 12th Ave History

Date Event Value Agent
3/31/2025Source: Iowa City MLS Price Reduction
$5,800,000 -4.9%
12/10/2024Source: Iowa City MLS Status Change
Active
12/4/2024Source: Iowa City MLS Added to Database
December 04, 2024
Listing provided courtesy of Q4 Real Estate- MLS# 202406586MLS Provider