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CondominiumResidential

2135 1st Ave

CEDAR RAPIDS, IA 52402
1979
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 19793 floors24 units1,248–2,088 ft²
$3.5M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$142K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$97
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-25.7%vs the Cedar Rapids ZIP median sale $/ft² ($131)

Sales Performance

$153K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
2
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
8.3%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+4.8%per yeartypical hold 2.9 yrsfrom 17 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20052010201320152018202020232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20052010201320152018202020232026

39 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$83K$125K$168K$210K1,248 ft²1,416 ft²1,584 ft²1,752 ft²1,920 ft²2,088 ft²
2 bd3 bd
2 bed
21 units
3 bed
3 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,248 ft²
12 units
2 bd · 2 ba · 1,652 ft²
9 units
3 bd · 2 ba · 2,088 ft²
2 units
One-off layouts
1 unit

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$83K–$83K
1 unit
$106K–$114K
4 units
$116K–$126K
5 units
$134K–$136K
2 units
$148K–$162K
5 units
$164K–$170K
2 units
$181K–$193K
4 units
$210K–$210K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$105/ft²
Floor 2
$92/ft²
Floor 3
$93/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·15
$108/ft²
Line ·25
$103/ft²
Line ·27
$100/ft²
Line ·29
$96/ft²
Line ·17
$96/ft²
Line ·21
$93/ft²
Line ·23
$93/ft²
Line ·19
$85/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.88%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.21%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.7.9 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.60%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.66%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$135,530
Median tax billThe middle annual property tax bill among the building's units.$2,367
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 121Apr 21, 2026$138,000Unit 217Mar 10, 2026$168,000Unit 125May 29, 2024$188,000Unit 315Oct 26, 2023$200,000Unit 119Aug 15, 2022$128,000Unit 119Jul 21, 2021$118,000Unit 217May 4, 2020$163,000Unit 229Nov 25, 2019$93,000Unit 321Jul 29, 2019$88,000Unit 223Jul 17, 2019$205,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyLinn
ConstructionThe main material the home's frame and walls are built from.Brick
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 160 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Washington High SchoolD+
High · Grades 9–12 · 0.2 mi
M
Benjamin Franklin Middle SchoolC-
Middle · Grades 6–8 · 0.3 mi
E
Trailside Elementary School
Elementary · Grades KG–5 · 0.6 mi

District: Cedar Rapids Community School District

Neighborhood · ZIP 52402These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.40,864
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,020 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$73,958
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$89,674
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

2135 1st Ave Se Apt 115
2 bd · 2 ba · 1,652 ft²
$210K
2135 1st Ave Se Apt 117
2 bd · 2 ba · 1,652 ft²
$148K
2135 1st Ave Se Apt 119
2 bd · 2 ba · 1,248 ft²
$126K
2135 1st Ave Se # 121
2 bd · 2 ba · 1,248 ft²
$134K
2135 1st Ave Se Apt 123
2 bd · 2 ba · 1,652 ft²
$160K
2135 1st Ave Se Apt 125
3 bd · 2 ba · 1,652 ft²
$181K
2135 1st Ave Se Apt 127
2 bd · 2 ba · 1,248 ft²
$136K
2135 1st Ave Se Apt 129
2 bd · 2 ba · 1,248 ft²
$123K
2135 1st Ave Se # 215
2 bd · 2 ba · 1,652 ft²
$154K
2135 1st Ave Se # 217
2 bd · 2 ba · 1,652 ft²
$162K
2135 1st Ave Se Apt 219
2 bd · 2 ba · 1,248 ft²
$109K
2135 1st Ave Se Apt 221
2 bd · 2 ba · 1,248 ft²
$106K
2135 1st Ave Se Apt 223
3 bd · 2 ba · 2,088 ft²
$193K
2135 1st Ave Se Apt 225
2 bd · 2 ba · 1,652 ft²
$148K
2135 1st Ave Se Apt 227
2 bd · 2 ba · 1,248 ft²
$126K
2135 1st Ave Se # 229
2 bd · 2 ba · 1,248 ft²
$116K
2135 1st Ave Se # 315
2 bd · 2 ba · 1,652 ft²
$170K
2135 1st Ave Se Apt 317
2 bd · 2 ba · 1,652 ft²
$164K
2135 1st Ave Se Apt 319
2 bd · 2 ba · 1,248 ft²
$83K
2135 1st Ave Se # 321
2 bd · 2 ba · 1,248 ft²
$109K
2135 1st Ave Se # 323
3 bd · 2 ba · 2,088 ft²
$186K
2135 1st Ave Se # 325
2 bd · 2 ba · 1,652 ft²
$181K
2135 1st Ave Se Apt 327
2 bd · 2 ba · 1,248 ft²
$114K
2135 1st Ave Se Apt 329
2 bd · 2 ba · 1,248 ft²
$122K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 2135 1st Ave

How many units are in 2135 1st Ave, Cedar Rapids, IA?

2135 1st Ave, Cedar Rapids, IA has 24 residential units across 3 floors, built in 1979, according to county assessor records.

What is a unit at 2135 1st Ave, Cedar Rapids, IA worth?

The median TopHap Estimate across the 24 units at 2135 1st Ave, Cedar Rapids, IA is $141,821. That works out to $97 per square foot. Units run from 1,248 to 2,088 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 2135 1st Ave, Cedar Rapids, IA expensive for Cedar Rapids?

Units at 2135 1st Ave, Cedar Rapids, IA carry a median of $97 per square foot, 26% below the Cedar Rapids median of $131 per square foot.

How often do units sell at 2135 1st Ave, Cedar Rapids, IA?

2 units at 2135 1st Ave, Cedar Rapids, IA sold in the last 12 months, out of 39 recorded arms-length sales all time. That is a turnover rate of 8.3% of the building per year. The median sale over that period was $153K.

Have units at 2135 1st Ave, Cedar Rapids, IA appreciated?

Across 17 repeat sales of the same unit, 2135 1st Ave, Cedar Rapids, IA returned a median 4.8% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 2.9 years.

What floor plans does 2135 1st Ave, Cedar Rapids, IA have?

The most common plan at 2135 1st Ave, Cedar Rapids, IA is a 2-bedroom of 1,248 square feet, repeated 12 times, with a median estimate of $119,043. TopHap identifies 3 recurring plans in the building.

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