Charming up/down duplex investment opportunity just blocks from the University of Iowa and downtown Iowa City. Built in 1900, this classic 2-unit property (2,557 SF) sits on a 0.165-acre lot in one of Iowa's most established rental markets. Proforma NOI of $37,567 on a 6.01% cap rate. Walkable to campus, UI Health Care, City Park, and the Pedestrian Mall district. Strong, consistent rental demand from students, faculty, and healthcare professionals.
Cooling
Central Air
Heating
Electric, Gas
Taxes
$9,552 Taxes
Water
Public
Year Built
Built in 1900
Property Type
Multi Unit - Multiple
Basement
Yes
Basement
Full
Cooling
Central Air
Days on Site
44
Exterior
Aluminum Siding, Frame
Heating
Electric, Gas
Lot Dimensions
7200
Lot Size
0.16 Acres
Parcel#
1010483006
Parking
Parking Space(s)
Parking Notes
Parking Space(s)
Sewer
Public Sewer
Taxes
$9,552
Units
1
Water
Public
Year Built
1900