116 15th St NE

For Sale

116 15th St NE, Cedar Rapids, IA 52402

This Cedar Rapids property for sale is located at 116 15th St NE. The current listed sale price for 116 15th St NE is $249,900.

Property Details

  • Property Type Multi-Family
  • Year Built 1913
  • Date Updated May 2, 2025
Loads of potential in this Cedar Rapids multiplex. The main floor offers 2 commercial spaces with an office, store front, storage and a single bathroom each. These units could be converted into residential rental units if needed. 2 main floor commercial units are currently vacant. Upstairs offers 2 separate 3-bedroom, 1-bathroom units. Each unit is fully furnished and furnishings are included. The upstairs units are currently rented by the single room and the units share the kitchen, living space. Current tenants are short-term contracts that can be extended if a new buyer chooses or the units could be rented as 2 separate 3-bedroom units. There are 4 updated HVAC units for each of the 2 commercial spaces and the 2 rental units upstairs. Updates include newer vinyl siding, windows and roof.
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Getting around

  • 79/100

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  • 29/100

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  • 62/100

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Location

  • City Cedar Rapids, IA
  • Zip Code 52402

Points of Interest

  • Fas Fuel

    0.04 miles

  • ChargePoint

    0.10 miles

  • Sinclair - Hawkeye

    0.16 miles

  • Kum & Go

    0.74 miles

  • Conoco

    0.94 miles

  • Casey's General Store

    1.20 miles

  • Kwik Shop

    1.37 miles

  • Shell

    1.48 miles

  • Hy-Vee Gas

    1.55 miles

  • Tesla Supercharger

    2.27 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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