230 S Dodge ST, Iowa City, IA 52240
230 S Dodge ST, Iowa City, IA 52240
230 S Dodge ST, Iowa City, IA 52240
5
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$625,000
Est. payment /mo
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2,557 SqFt
Active

230 S Dodge ST Iowa City, IA 52240

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Tim Scherbring

Tim Scherbring

+1(319) 361-5111

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,557 sqft

Price per Sqft $244

MLS Listing ID 2604993

HOA Y/N No

Total Fin. Sqft 2557

Year Built 1900

Annual Tax Amount $9,552

Lot Size 7,187 Sqft

Acres 0.165

Property Sub-Type Multi Family

Property Description

Charming up/down duplex investment opportunity just blocks from the University of Iowa and downtown Iowa City. Built in 1900, this classic 2-unit property (2,557 SF) sits on a 0.165-acre lot in one of Iowa's most established rental markets. Proforma NOI of $37,567 on a 6.01% cap rate. Walkable to campus, UI Health Care, City Park, and the Pedestrian Mall district. Strong, consistent rental demand from students, faculty, and healthcare professionals.

Location

State IA

County Johnson

Area Iowa City/Coralville

Zoning Res

Rooms

Basement Full

Interior

Interior Features InteriorFeatures

Heating Electric, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Space(s)

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding,Frame

Schools

Elementary Schools Longfellow

Middle Schools Southeast

High Schools City

Others

Tax ID 1010483006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2604993

Listed by SKOGMAN REALTY COMMERCIAL

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Tim Scherbring

Tim Scherbring

Broker Associate | License ID: 61218000

+1(319) 361-5111

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230 S Dodge ST