# 150 Thompson Drive SE, Cedar Rapids, IA 52403

> **TL;DR:** 2bd/2ba condo, $95,000 ($70/sqft), built 1971, 1,360 sqft. Est. $741/mo. Listed 12 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $95,000 |
| Price/sqft | $70 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,360 |
| Year Built | 1971 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 12 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $412 |
| HOA | $329 |
| **Total** | **$741** |

## Nearby Schools

- **Elementary:** Trailside
- **Middle:** Franklin
- **High:** Washington

## Property Highlights

- Built in 1971

## Description

### Agent Description
Spacious 2-bedroom, 2-bathroom condo featuring a heated 1-car garage (stall #29). This well-priced property offers an excellent opportunity to add your personal style and updates to make it truly your own. Being sold in "as-is" condition, this condo presents great value and strong potential for the next owner. The HOA fees cover water, garbage, basic cable, common area maintenance, snow removal and lawn mowing. The building has a secure front entrance with intercom, an elevator, and a secure storage unit. Conveniently located off First Avenue with easy access to shopping, medical centers, restaurants, recreation spots, historical sites, and more.

## Location

- **Address:** 150 Thompson Drive SE, Cedar Rapids, IA 52403
- **County:** Linn
- **Coordinates:** 41.998084, -91.634895
- **Google Maps:** https://www.google.com/maps?q=41.998084,-91.634895

## Listing Agent

- **Name:** Nicki Borchert
- **Brokerage:** IOWA REALTY
- **Phone:** (319) 393-4900
- **Email:** NBorchert@iowarealty.com

## Primary Photo

![150 Thompson Drive SE - Primary Photo](http://lh.rdcpix.com/7739a705e2f52800de8d867207aa68b8l-f2847481436r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/150-thompson-drive-se-cedar-rapids-ia-52403-2603580)*

---

**MLS#:** 2603580 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/150-thompson-drive-se-cedar-rapids-ia-52403-2603580)

---

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