$287,500
$300,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/11/2025
Key Details
Sold Price $287,500
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Iowa City Original Town
MLS Listing ID 202501098
Sold Date 04/11/25
Style Two Stories
HOA Y/N No
Abv Grd Liv Area 1,920
Year Built 1900
Annual Tax Amount $5,740
Tax Year 2023
Lot Dimensions 58'x135'
Property Sub-Type Multi Family
Property Description
Up/Down Duplex in Prime Location – Great Investment Opportunity! Don't miss this versatile up/down duplex with separate meters and electric panels, offering excellent rental potential or the option to convert back to a spacious single-family home (4-6 BRs)! The main-level unit features 2 bedrooms, 1 bath, hardwood floors, laundry, kitchen, and a bright living room. The upper unit includes 2 bedrooms, a large kitchen, living room, and laundry. With at least 5 parking spots in the rear, tenants will appreciate the convenience. Located near downtown Iowa City, the University of Iowa, schools, and shopping, this property offers strong rental demand. While leases are not yet signed for 2025-2026, the current main-level tenant is willing to stay. Property is sold "as is"—schedule your showing today!
Location
State IA
County Johnson
Zoning Residential
Direction End of iowa Ave
Rooms
Basement Unfinished
Interior
Interior Features Kit Dining Rm Comb, Entrance Foyer, Other
Heating Natural Gas, Forced Air
Cooling Central Air
Flooring Carpet, Wood, Vinyl
Fireplaces Type None
Appliance Range Or Oven, Refrigerator, Dryer, Washer
Laundry Main Level, Upper Level
Exterior
Exterior Feature Front Porch
Parking Features Off Street, On Street
Community Features Sidewalks, Street Lights, Close To School, Close To Shopping
Utilities Available City Sewer, City Water
Total Parking Spaces 4
Building
Structure Type Wood,Frame
New Construction No
Schools
Elementary Schools Mann
Middle Schools Southeast
High Schools City
Others
HOA Fee Include None
Tax ID 1010408009
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with CENTURY 21 Signature Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "