717/719 E Jefferson Street Iowa City IA 52246
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717/719 E Jefferson Street Iowa City IA 52246
Front/back duplex investment opportunity just east of downtown Iowa City, within walking distance of the University of Iowa campus. Built in 1915, the property (2,975 SF) includes one 5BR/2BA unit and one 5BR/3BA unit on a 0.138-acre lot. Proforma NOI of $58,623 on a 6.90% cap rate. Strong, consistent rental demand in one of Iowa's strongest markets. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.
MLS#
2604992
Price
$850,000
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Property Features
Lot Size:
0.138 Acres
Taxes
$9,881
Property Descriptions
Parcel#
1010411005
Lot Dimensions:
0.138 Acres
Total Building Square Footage:
2,975 /SF
Sewer
Public Sewer
Water
Public
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