525 Iowa Avenue Iowa City IA 52240
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525 Iowa Avenue Iowa City IA 52240
Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1900, this residence offers 7 bedrooms and 3 baths across 2,149 SF on a 0.102-acre lot. Proforma NOI of $37,844 on a 6.36% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.
MLS#
2604995
Price
$595,000
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Property Features
Lot Size:
0.102 Acres
Taxes
$6,814
Property Descriptions
Parcel#
1010438004
Lot Dimensions:
0.102 Acres
Total Building Square Footage:
2,149 /SF
Sewer
Public Sewer
Water
Public
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