1 Bath
2,474 sqft
$260,000
1550 Dows St., Ely IA, 52227-9808
Price per sqft$105.09
Built in1904
Property size2,474 sqft
Property typeMulti-family
Overview
Active
Listed Sep 5, 2026
Updated 32h ago
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!
$1,730/mo
Est. mortgage payment based on a $260,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 202605378
Interior Features
- Bathrooms
- 1
- Heating
- Yes
- Basement
- Yes
Other Property Details
- Taxes
- $2,898
- Tax Frequency
- Annually
- Association Fee Frequency
- Yearly
- Maintenance Expense
- $600
- Garage
- Yes
Courtesy of Lepic-Kroeger, REALTORS, ,
Listing Contact: 319-333-9424
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Blank & McCune Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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