$3,750,000

732,736,740 Michael Street, Iowa City, IA 52246

  • 16,128 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon1.05acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $233/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.

Listing Status:
Active
Date Added:
October 15, 2024 at 05:00AM
Listing Office:
LEPIC-KROEGER, REALTORS : 319-351-8811
Listing Agent:
Matthew Lepic : 319-351-8811
MLS ID:
2407186
  • Laundry: Common Area
  • General: Frame
  • Originating MLS: CDR_CDR
  • County: Johnson
  • Zoning: RESPer Abstract1016184003
  • Source: CDR_CDR

This listing courtesy of Matthew Lepic, LEPIC-KROEGER, REALTORS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Ernest Horn Elementary School

600 Koser Ave, Iowa City, IA, 52246

Grades PK-6

0.12 miles away

N

Northwest Junior High School

1507 8th St, Coralville, IA, 52241

Grades 7-8

2.38 miles away

W

West High School

2901 Melrose Ave, Iowa City, IA, 52246

Grades 9-12

0.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.