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2045 High Drive SE Cedar Rapids, IA 52403 • Residential - Single Family • Active

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Description

Small footprint. Real upside. This 516 square foot 1 bedroom, 1 bath home in southeast Cedar Rapids sits on a quarter acre, and the lot is the story. Apartment-sized living with open ground around it, which means room to grow into rather than a ceiling on your investment. The home needs updating throughout and is offered as-is, and that is exactly why the price works. Whether you are looking for a low basis rental, a project with a defined budget, or a way to stop writing rent checks, this one gives you a foothold at a number that is hard to find in the corridor. The parcel is currently being replatted from .75 acres to .25 acres; contact agent for current status and legal description. Any future addition is subject to City of Cedar Rapids zoning and setback approval, and buyer is encouraged to verify. Cash or commercial financing. Priced at $75,000.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 576
Garage Size: 2
Built in 1963
Elementary School: Erskine
High School: Washington
Middle School: McKinley

General Information

Bedrooms: 1
Bathrooms: 1
Sqft: 576
County: Linn
High School: Washington
Listed By:
Pinnacle Realty LLC Jerome Edwards 319-393-0900
Cedar Rapids MLS
$75,000
Est. $578/mo
1beds
1baths
576sqft
2cars
New to the Market Active
BEDS1 BATHS1 full SQUARE FEET576 MLS#2605689
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLCedar Rapids
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Agent Name: Amanda Bowman
 Agent Phone: (563) 940-1760
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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2045 High Drive Se, Cedar Rapids, IA 52403.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $75,000$75,000$75,000
Down Payment $15,000$2,625$18,750
Monthly Mortgage Amount $374$459$467
Taxes $104$104$104
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$33$0
Monthly Estimated Total $578$696$671

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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 08/16/2026. The listing information on this page last changed on 08/16/2026. 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 Sun 08/16/2026 2:19:29 AM EST) or MRED MLS (last updated Sun 08/16/2026 2:04:07 AM EST) or SCWMLS (last updated Sat 08/15/2026 11:54:58 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 08/15/2026 10:15:25 PM EST) or Cedar Rapids MLS (last updated Sat 08/15/2026 10:44:54 PM EST) or NEIRBR MLS (last updated Sun 08/16/2026 1:18:41 AM EST) or ICAAR MLS (last updated Sat 08/15/2026 11:37:30 PM EST) or ECIMLS (last updated Sat 08/15/2026 11:44:33 PM EST) or RMLSA (last updated Sun 08/16/2026 1:10:55 AM EST) or Muscatine MLS (last updated Sun 08/16/2026 2:00:09 AM EST) or No Coast MLS (last updated Sun 08/16/2026 12:44:20 AM 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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