$249,900
121 S Governor Street, Iowa City, IA 52240
- 2 beds |
- 1 bath |
- 864 sqft
Single-Family Home
Built in 1952
3,485sqft lot
2 car garage
$289/sqft
Listed 8 days ago
Property Description
Investor alert. Well maintained two bedroom home in the heart of downtown Iowa City with a strong rental history. Currently leased through July 2027, with the potential for owner occupancy once the lease term expires. Rent is currently $1,400 and will increase to $1,650 starting 8/1/2026. The unfinished basement offers opportunity for future finished living space.
- Listing Status:
- Active
- Date Added:
- February 5, 2026
- Data Last Updated:
- February 14, 2026 at 4:18AM
- Listing Office:
- SKOGMAN REALTY : 319-625-6427
- Listing Agent:
- Gwen Johnson : 319-248-0531
- MLS ID:
- 2600866
- Style: Ranch
- Other Structures: Deck
- Parking: GarageOff Street
- General: FrameVinyl Siding1
- Originating MLS: CDR_CDR
- County: Johnson
- Zoning: See abstract.1010479011
- Water: Public
- Sewer: Public Sewer
- Source: CDR_CDR
This listing courtesy of Gwen Johnson , SKOGMAN REALTY
Monthly Payment
$Est. Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
L
Longfellow Elementary School
1130 Seymour Ave, Iowa City, IA, 52240
Grades PK-6
0.44 miles away
S
Southeast Junior High School
2501 Bradford Dr, Iowa City, IA, 52240
Grades 7-8
1.55 miles away
C
City High School
1900 Morningside Dr, Iowa City, IA, 52245
Grades 9-12
0.88 miles away

