Investor Alert! Well-maintained five-unit multi-family property with several updates. Each apartment has its own bathroom, kitchen, and private entrance. Coin-operated laundry is available on the lower level. Off-street parking for five vehicles. Walking distance to the University of Iowa Campus, shopping, and restaurants. Annual expenses include garbage, water, electricity, gas, snow removal, lawn care, and maintenance. Fully leased through July 27, 2025. Showings for Pre-approved and/or letter of intent to purchase. One owner is a Licensed Realtor in the State of Iowa. Following the owner's review of the pre-approval process, the tenant notice is 48 hours. Current rental permit with the City of Iowa City. Apt. 2-B is $825.00/month. As of 8-1-2024, the annual income will be $41,340.00. Tenants pay for electricity only.
Property Details
Property Features
Property Information:
Year Built: 1890
Living Area: 2,344 SqFt
Listing Office:
Office Name: Keller Williams Legacy Group
Office Phone: (319) 423-4139
Listing Agent: Lee Huedepohl
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Parking Space(s)
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: Wall/Window Unit(s)
School Info
Assigned Schools Information:
Iowa City High School, Public District Grades 9-12
Northwest Junior High School, Public District Grades 7-8
Horace Mann Elementary School, Public District Grades PK-6
Price Information
Listing Price Info
Price Summary:
List Price: $425,000
Price Per SqFt: $181/SqFt
Tax Information:
Annual Amount: $7,534
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Iowa City, IA.
This property is $122.5K more than the Median Sold Price and $14/SqFt more than other homes in Iowa City, IA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CDR
MLS Number: #2402632
Listing Office:
Office Name: Keller Williams Legacy Group
Office Phone: (319) 423-4139
Listing Agent: Lee Huedepohl
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed. Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 3:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,534
$347,830
2020
$7,396
$348,430
2018
$7,070
$321,800
2017
$6,996
$321,800
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Horace Mann Elementary School
521 N Dodge St
Distance between this listing and this school0.34 miles
Public District Grades PK-6
Middle School
5
/10
Northwest Junior High School
1507 8th St
Distance between this listing and this school2.85 miles
Public District Grades 7-8
High School
7
/10
Iowa City High School
1900 Morningside Dr
Distance between this listing and this school1.54 miles
Public District Grades 9-12
Assigned Schools
6
/10
Horace Mann Elementary School
521 N Dodge St
Distance between this listing and this school0.34 miles
Public District Grades PK-6
Nearby Schools
7
/10
Bohumil Shimek Elementary School
1400 Grissell Pl
Distance between this listing and this school0.93 miles
Public District Grades PK-6
7
/10
Lincoln Elementary School
300 Teeters Ct
Distance between this listing and this school1.01 miles
Public District Grades PK-6
Assigned Schools
5
/10
Northwest Junior High School
1507 8th St
Distance between this listing and this school2.85 miles
Public District Grades 7-8
Nearby Schools
3
/10
Southeast Junior High School
2501 Bradford Dr
Distance between this listing and this school2.27 miles
Public District Grades 7-8
8
/10
North Central Junior High School
180 Forevergreen Rd E
Distance between this listing and this school5.20 miles
Public District Grades 7-8
Assigned Schools
7
/10
Iowa City High School
1900 Morningside Dr
Distance between this listing and this school1.54 miles
Public District Grades 9-12
Nearby Schools
2
/10
Elizabeth Tate Alternative High School
1528 Mall Dr
Distance between this listing and this school2.18 miles
Public District Grades 9-12
7
/10
West Senior High School
2901 Melrose Ave
Distance between this listing and this school2.66 miles
The neighbors living near this home have an average income of $29,886. Most Iowa City, IA residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 514 N Dubuque St in Iowa City, IA and zip code 52245 in the Northside neighborhood. This 2,344 square foot home, which was built in 1890, sits on a 0.08 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $425,000.
Over 6 listings were sold over their listed price in April 2024 in Iowa City, IA. In the same period over 6 listings were sold below the listed price and 6 listings were sold for the listed price. Between March 2024 and April 2024, Iowa City, IA real estate market has seen decrease in the number of listings by 3.2%. The median list price of listings available in April 2024 was $302,500, while the average time on the real estate market was 29 days.
From Rocket Homes Real Estate and based on county public records data.