Contact us: 563.441.1776
Description
Investor opportunity! This 2-bedroom, 1-bath home offers strong potential in a convenient located near I-380 on the NE side of Cedar Rapids. Current owner has had this as a rental property for the past 26 years; this home is priced $9,800 below assessed value and is ready for its next owner. The property needs a little love but offers newer carpet, low-maintenance vinyl siding, a roof that is only 4 years old, 9 newer windows, and a detached 1-stall garage. Whether you're looking to add to your rental portfolio, renovate and resell, or build equity through improvements, this home is a great value. The home is being sold strictly as-is, and the seller will make no repairs. All appliances and items in the basement will stay with the home. The property does not have air conditioning. Buyer to verify school district information.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 640
Garage Size: 1
Built in 1920
Elementary School: Pierce
High School: Kennedy
Middle School: Franklin
General Information
Bedrooms: 2
Bathrooms: 1
Sqft: 640
County: Linn
High School: Kennedy
Listed By:
Realty87
Karen Mathison
319-378-8760
Cedar Rapids MLS
MLS ID: 2604227
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905 12th St Ne, Cedar Rapids, IA 52402.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $79,500 | $79,500 | $79,500 |
| Down Payment | $15,900 | $2,783 | $19,875 |
| Monthly Mortgage Amount | $386 | $481 | $491 |
| Taxes | $111 | $111 | $111 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $35 | $0 |
| Monthly Estimated Total | $597 | $727 | $702 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/15/2026. The listing information on this page last changed on 06/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/15/2026 12:00:41 AM EST) or MRED MLS (last updated Sun 06/14/2026 11:57:56 PM EST) or SCWMLS (last updated Sun 06/14/2026 11:54:32 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 06/14/2026 10:15:17 PM EST) or Cedar Rapids MLS (last updated Sun 06/14/2026 10:44:27 PM EST) or NEIRBR MLS (last updated Sun 06/14/2026 11:58:41 PM EST) or ICAAR MLS (last updated Sun 06/14/2026 11:37:28 PM EST) or ECIMLS (last updated Sun 06/14/2026 11:44:13 PM EST) or RMLSA (last updated Sun 06/14/2026 11:50:57 PM EST) or Muscatine MLS (last updated Sun 06/14/2026 11:45:10 PM EST) or No Coast MLS (last updated Sun 06/14/2026 11:54:18 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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