Investor Alert! Well-maintained five-unit multi-family property with several updates. Each apartment has its own bathroom, kitchen, and private entrance. Coin-operated laundry is available on the lower level. Off-street parking for five vehicles. Walking distance to the University of Iowa Campus, shopping, and restaurants. Annual expenses include garbage, water, electricity, gas, snow removal, lawn care, and maintenance. Fully leased through July 27, 2025. Showings for Pre-approved and/or letter of intent to purchase. One owner is a Licensed Realtor in the State of Iowa. Following the owner's review of the pre-approval process, the tenant notice is 48 hours. Current rental permit with the City of Iowa City. Apt. 2-B is $825.00/month. As of 8-1-2024, the annual income will be $41,340.00. Tenants pay for electricity only.
Open House:
Sunday, 4/28 1:00-3:00PM
Like new and barely lived in, making it ready for immediate possession. Built by Gary Frakes Construction, this two-story home offers a comfortable and spacious living experience in a sought-after neighborhood. Boasting a modern and open floor plan, the house was designed to welcome natural light into its living spaces. With 7 bedrooms in total, four on the second floor, the main floor bedroom can serve as a versatile space, either as a bedroom or a den/study. Two additional bedrooms on the lower level bring the total to seven. The great room features built-in shelving around a gas fireplace, creating a cozy and functional focal point. The kitchen is a highlight, equipped with top-of-the-line Fisher & Paykel appliances, a wine/coffee bar, a breakfast bar, and a dining area. A walk-in pantry and well-appointed details add practicality and style. The laundry room and drop zone are conveniently located off the kitchen. The primary bedroom is a retreat with custom-built shelving in all closets. The primary bathroom boasts a soaking tub, tiled shower, and dual vanities. Moving to the lower level, a wet bar and a second gas fireplace in the rec room make it an excellent space for entertainment. Two large bedrooms, one currently serving as a workout room, complete the lower level. A covered deck overlooks the private backyard, offering a peaceful outdoor space.
A charming single-level living condo featuring 3 bedrooms/2 baths. Located only a few minutes from the University of Iowa campus & UIHC, as well as downtown Iowa City & the Iowa River Landing. The kitchen features a French door refrigerator, gas range, granite countertops, & ample cabinet space. The large primary bedroom boasts a beautiful primary bathroom with a comfort height dual vanity, offering both convenience and style. Enjoy the flexibility of the 3rd bedroom/den, complete with double pocket doors, ideal for a home office or additional living space. Step outside to the screened porch, perfect for relaxing or entertaining guests. This home comes with blinds, shades, & window curtains. This property has privacy, while also designed for entertaining, or sneaking away from it all. Enjoy the walking trails nearby & easy access for public transportation. Please note these units may not be rented & must be owner occupied.
Indulge in luxurious city living within this sophisticated 2 bedroom, 2 bathroom downtown condo. Boasting chic tiled and new LVP flooring, a stylish kitchen with exquisite cabinets and granite countertops, two spacious bathrooms, including a grand master bath, convenient stackable washer and dryer, and a charming patio. Both the master and second bedroom feature ample closet space with built-in shelving and practical sliding doors for effortless accessibility.
The median home value in Iowa City, IA is $299,777. This is higher than the county median home value of $224,000. The national median home value is $219,700. The average price of homes sold in Iowa City, IA is $299,777. Approximately 44.77% of Iowa City homes are owned, compared to 49.01% rented, while 6.23% are vacant. Iowa City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Iowa City real estate agent to arrange a tour today!
Iowa City, Iowa has a population of 73,415. Iowa City is less family-centric than the surrounding county with 33.15% of the households containing married families with children. The county average for households married with children is 36.54%.
The median household income in Iowa City, Iowa is $45,991. The median household income for the surrounding county is $59,965 compared to the national median of $57,652. The median age of people living in Iowa City is 25.8 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 36.6 inches per year, with 27.2 inches of snow per year.