1550 Dows St., Ely, IA 52227-9808
1550 Dows St., Ely, IA 52227-9808
1550 Dows St., Ely, IA 52227-9808
1550 Dows St., Ely, IA 52227-9808
1550 Dows St., Ely, IA 52227-9808
1550 Dows St., Ely, IA 52227-9808
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$ 265,000
Est. payment | /mo

1 Bath


Save
$ 265,000
Est. payment | /mo
Save

1 Bath

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Unk

MLS Listing ID 202605378

Style Two Stories

HOA Y/N No

Abv Grd Liv Area 2,474

Year Built 1904

Annual Tax Amount $2,898

Tax Year 2025

Lot Dimensions 40 x150

Property Sub-Type Multi Family

Property Description

This Fantastic 4-plex is located in the heart of Ely's Old Town District! Spacious 1 bed 1 bath units and 4 long term tenants with leases in place until April of 2027. New stairs and balcony! The charming and growing community of Ely is situated between two strong employment centers in Cedar Rapids and Iowa City resulting in a ton of future potential. Detached 3 car garage stalls are rented on an individual basis and property includes an extra yard space, or potential for expansion. A short drive to Cedar Rapids Airport & Airport National Golf Course, and a short walk to bars and restaurants. This well maintained investment property won't last long. Call for a showing today!

Location

State IA

County Linn

Zoning MR R3+

Direction Ely Rd. (State St.) to North on Dows St. property on the right

Rooms

Basement Unfinished

Interior

Interior Features None, Other, Living Room Dining Room Combo

Heating Electric

Flooring Carpet, Laminate

Fireplaces Type None

Appliance Dishwasher, Range Or Oven, Refrigerator

Laundry None

Exterior

Exterior Feature Other

Parking Features Detached Garage

Community Features Sidewalks, Street Lights, Close To Shopping

Utilities Available City Sewer, City Water

Total Parking Spaces 3

Building

Structure Type Vinyl,Frame

New Construction No

Schools

Elementary Schools College Comm

Middle Schools College Comm

High Schools Prairie

Others

HOA Fee Include Other

Tax ID 183113500300000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Lepic-Kroeger, REALTORS
Dona Camp

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1550 Dows St.