About This Home

This 4-bedroom, 3-bathroom single family at 2815 Glen Elm NE in Cedar Rapids, IA is listed for $150,000 ($76 per sqft). Built in 1976, the home offers 1,962 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1976
  • 0.27 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full, 1 half
2-car garage
1976

Amenities

FireplaceA/C
Listing Description

Bring Your Vision to Life Near Kennedy High School! Located within walking distance of Kennedy High School, this 4-bedroom, 2.5-bath home presents an opportunity for investors or buyers ready to take on a complete renovation. Priced below assessed value, this property offers the chance to reimagine the space and create something special.

The home requires extensive updating and replacement of existing finishes and components, making it an ideal opportunity for those ready to transform a property from the ground up. The family-friendly floor plan features a formal living room, formal dining room, eat-in kitchen, convenient half bath, and spacious great room on the main level.

Upstairs, you'll find four bedrooms, including a primary suite with a private bath, plus a second full bathroom. The clean, dry lower level offers additional potential for future finished living space. Outside, the level, nicely sized yard provides room for outdoor activities, gardening, or entertaining.

With its convenient location, functional layout, and renovation potential, this property offers an opportunity to create value in an established neighborhood. Property is being sold AS IS. Buyers may conduct inspections for informational purposes only. Seller will make no repairs. Bring your ideas and explore the possibilities this property has to offer! There will be a bidding period on this propety all offer to be submitted by Monday 12 noon Oct 19th with a response time of Tuesday Oct 20th at noon.

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

2815 Glen Elm NE

Cedar Rapids, IA 52402

Property Details

Construction

Frame

Appliances

Water Heater - Gas

Questions & Answers

This 4-bedroom, 3-bathroom single family at 2815 Glen Elm NE is listed at $150,000 ($76/sqft). The estimated monthly payment is $802 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 0.27 acre lot, 2 stories, Fireplace.

This property is listed by Karen Mathison and can be reached at (319) 367-8760.

KM

Karen Mathison

Agent at Coldwell Banker Hedges

(319) 367-8760
Agent website

Listed by Coldwell Banker Hedges · Broker phone: (319) 367-8760 · View on Broker Site · Broker website

MLS# 2607158· Source: Cedar Rapids Area Association of REALTORS®· 5 days on PropertySimple

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.

2815 Glen Elm NE, Cedar Rapids, IA 52402

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