Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1890, this spacious 7-bedroom, 5-bath residence spans 2,474 SF on a 0.118-acre lot. Proforma NOI of $39,609 on a 6.34% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.
Cooling
Central Air
Heating
Electric, Gas
Taxes
$7,880 Taxes
Water
Public
Year Built
Built in 1890
Property Type
Multi Unit - Multiple
Basement
Yes
Basement
Full
Cooling
Central Air
Days on Site
45
Exterior
Composite Siding, Frame
Heating
Electric, Gas
Lot Dimensions
5120
Lot Size
0.12 Acres
Parcel#
1010482014
Parking
Parking Space(s)
Parking Notes
Parking Space(s)
Sewer
Public Sewer
Taxes
$7,880
Units
1
Water
Public
Year Built
1890