240 34th St SE

For Sale

240 34th St SE, Cedar Rapids, IA 52403

This Cedar Rapids property for sale is located at 240 34th St SE. The current listed sale price for 240 34th St SE is $347,500. 240 34th St SE is situated on a lot that is 0.32 acre in size.

Contacts

broker
Addie Eichhorn

GLD Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 2,076 SF
  • Units 1
  • Lot Size 0.32 Acre
  • Year Built 1974
  • Date Updated Apr 23, 2025
Residential investment property in a vibrant, family-focused neighborhood offering convenient access to major business districts, downtown, and abundant greenspaces. The area features diverse amenities and attractions, which provides rich cultural experiences for residents and visitors alike. This strategic location is ideal for long-term tenants seeking a community-oriented environment, making it an excellent opportunity for investors interested in stable rental income and strong tenant demand.RARE RESIDENTIAL INVESTMENT OPPORTUNITY! Seller to stay on as tenant signing a 2-year lease. Proposed rental rate of $2500/month. Home features recent updates: new windows, hardwood floors, kitchen countertops, and upgraded appliances. Seller willing to provide full year rent upfront. This exceptional property presents a compelling opportunity for Single Family Rental Portfolio investors. This well-maintained asset built in 1974 offers a strong foundation for a lucrative rental portfolio. Strategically located in the sought-after Cedar Rapids area, this property is primed for long-term success. With its spacious layout and excellent zoning, this investment property is perfectly positioned to deliver consistent rental income and significant ROI. Don't miss out on the chance to add this standout asset to your rental portfolio in the thriving Cedar Rapids market.
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Getting around

  • 11/100

    Walk Score ®

  • 14/100

    Transit Score ®

  • 15/100

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Location

  • City Cedar Rapids, IA
  • Zip Code 52403

Points of Interest

  • Casey's General Store

    0.99 miles

  • Shell

    1.37 miles

  • Conoco

    1.54 miles

  • Kum & Go

    1.58 miles

  • Sinclair - Hawkeye

    1.61 miles

  • Fas Fuel

    1.80 miles

  • ChargePoint

    1.85 miles

  • BP

    2.28 miles

  • Casey's

    2.35 miles

  • Tesla Destination Charger

    2.63 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.

Contact Listing Broker
broker
Addie Eichhorn

GLD Commercial

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