Investor Alert!!! Opportunity presents itself on this upstairs/downstairs duplex. Good rental or owner occupied rental. Have the renters pay your mortgage. Upstairs unit has been updated and is ready to go, Downstairs will need some repairs and updating. Parking pad in alley large enough for 2 cars and plenty of room for a garage.
Multi-familyProperty Type
1915Year Built
5,607 sq ftLot Size
$85Est. Price/Sq.Ft.
Listed by Jeff Wenthe• SKOGMAN REALTY
Bought with David Pitts• PRK Williams Realty
Source:CRAAR, CDRMLS #1612492
Redfin Estimate
$134,549
$26K since sold in January 2022$2,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 30.1% lower than the average sale price ($192K) of 6 comparable homes.
Investor Alert!!! Opportunity presents itself on this upstairs/downstairs duplex. Good rental or owner occupied rental. Have the renters pay your mortgage. Upstairs unit has been updated and is ready to go, Downstairs will need some repairs and updating. Parking pad in alley large enough for 2 cars and plenty of room for a garage.
CRAAR, CDRMLS #1612493
Nov 11, 2016
Listed
$43,000
$27/sq ft
Public Records
May 17, 2006
Sold
$62,500
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,242 (+2.4%)
$20,000 + $105,200
$125,200
2024
$2,190 (+1,017.3%)
$18,000 + $105,800
$123,800
2023
$196 (−87.3%)
$18,000 + $105,800
$123,800
2022
$1,548 (−6.4%)
$17,000 + $73,300
$90,300
2021
$1,654 (+4.4%)
$14,000 + $60,700
$74,700
2020
$1,584 (+4.8%)
$14,000 + $61,000
$75,000
2019
$1,512 (+7.5%)
$14,000 + $61,000
$75,000
2018
$1,406 (+30.9%)
$14,000 + $56,100
$70,100
2017
$1,074 (−8.4%)
$14,000 + $53,100
$67,100
2016
$1,172 (−19.3%)
$14,000 + $35,300
$49,300
2014
$1,452
$14,000 + $52,140
$66,140
Tax history for 1037 Center Point Rd NE
Year
Property tax
Land + Additions
Assessment*
2025
$2,242 (+2.4%)
$20,000 + $105,200
$125,200
2024
$2,190 (+1,017.3%)
$18,000 + $105,800
$123,800
2023
$196 (−87.3%)
$18,000 + $105,800
$123,800
2022
$1,548 (−6.4%)
$17,000 + $73,300
$90,300
2021
$1,654 (+4.4%)
$14,000 + $60,700
$74,700
2020
$1,584 (+4.8%)
$14,000 + $61,000
$75,000
2019
$1,512 (+7.5%)
$14,000 + $61,000
$75,000
2018
$1,406 (+30.9%)
$14,000 + $56,100
$70,100
2017
$1,074 (−8.4%)
$14,000 + $53,100
$67,100
2016
$1,172 (−19.3%)
$14,000 + $35,300
$49,300
2014
$1,452
$14,000 + $52,140
$66,140
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
T-R1
Traditional Residential Single Unit District
The Traditional Residential Single Unit T-R1 district is intended to provide for single-unit neighborhood development at an urban density of four to 12 units per acre, depending on location. T-R1 is appropriate within areas developed at this density and characterized by a predominance of older residential homes and traditional neighborhood development, which typically will include smaller single unit residential lots, a grid street pattern, and alleys. T-R1 is also intended to be applied to new and infill areas of the community which are intended to be developed in a similar pattern. T-R1 is also an appropriate transition between lower density residential development and mixed-use or non-residential development.
Permitted uses
Include but are not limited to:
Agriculture
Assembly/ meeting place
Religious facility
Housing-Group
Housing-Single unit
Fire house
Police station
Communications tower
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 884
Basement Type: Full
Bathroom Information
# of Full Baths: 3
# of Bathroom Fixtures: 10
Heating & Cooling
Heating Type: Forced Air Gas
Room Information
# of Rooms: 9
Exterior
Exterior Information
Physical Condition: Fair
Foundation Type: Concrete Block
Construction Type: Frame
Exterior Wall: Vinyl
Roof Covering Type: Asphalt
Roof Shape Type: Gable
Building Type: Two Family
Property Information
Subdivision Name: COLLEGE PARK ADD CEDAR RAPIDS
Living Sq. Ft: 1,587
Building Sq. Ft: 2,471
# of Stories: 1.5
Stories Type: 1 1/2
Legal Description: COLLEGE PARK STR/LB 27 25
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,607
Legal Lot Number: 27
Legal Block Number: 25
Municipality Name: CR-CR
Acres: 0.1287
County Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2025
Tax District County: CR-CR
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 1,587
Stories: 1.5
Lot Size: 5,607 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1915
Year Renovated: 1915
County: Linn County
APN: 14164-26029-00000
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Trailside Elementary School
Public K-5 • Assigned • 1.3mi
4/10
Franklin Middle School
Public 6-8 • Assigned • 1.1mi
4/10
George Washington High School
Public 9-12 • Assigned • 1.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Cedar Rapids, IA • 52402
Average low and high temperatures (°F)
28
12
36
19
56
34
62
44
73
52
82
64
85
69
81
64
79
58
69
48
49
34
34
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 4 hours in December, which is comparable to the
U.S. average for solar exposure.
10 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$128,000 – $155,000
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