NOT LISTED FOR SALE
4 Beds
4 Baths
1,984 Sq Ft
6,098 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $230,000 $116 Per Sq Ft

72 Days on Market

Highlights

  • Living Room
  • Park
  • 5-minute walk to Benton Hill Park
  • West High School Rated A
  • Property is near a bus stop

About This Home

As of April 2022

If you've been looking for an opportunity to get into the real estate business. This is an affordable entry into multi-family rental units. There are four fully-leased units located near a bus route and close to the University of Iowa campus and UIHC. The property includes a fenced-in backyard and front yard with one paved parking space. Please direct questions to Ben Nicholson.

Last Agent to Sell the Property

Ryan O'Leary

Lepic-Kroeger, REALTORS Listed on: 01/19/2022

Lepic-Kroeger, REALTORS

Co-Listed By

Ben Nicholson

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Josie Ashmore

Pinnacle Realty

Pinnacle Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,098

Parking

  • 1 Parking Space

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,984 Sq Ft Home
  • Living Room
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Horn Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Internet Available

Additional Features

  • Lot Dimensions are 50x125
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 1016427016

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • Electric Expense $1,400
  • Fuel Expense $1,920
  • Insurance Expense $1,700
  • Maintenance Expense $2,300
  • Water Sewer Expense $1,800
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: If you've been looking for an opportunity to get into the real estate business. This is an affordable entry into multi-family rental units. There are four fully-leased units located near a bus route and close to the University of Iowa campus and UIHC. The property includes a fenced-in backyard and front yard with one paved parking space. Please direct questions to Ben Nicholson.
  • Year Built: 1920
  • Tax Year Report: 2020
  • Rental Permit: Yes
  • Water Annually: 1800
  • Directions: Near Harbor Freight, take Hwy 1 west to Hudson Avenue, turn right (north) and proceed to 1011 Hudson which is on the left (west) side of the street.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Park, Sidewalks, Street Lights, On Bus Line
  • Basement Remarks: Block, Poured Concrete, Full
  • Possession R: Negotiable
  • Possible Finance R: Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 1984

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 1 Car, 2 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 1400
  • Gas Annually: 1920
  • Heating Cooling: Gas, None

Schools

  • Elementary School: Horn
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Horn

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 50x125
  • Zoning: RS8

Tax Info

  • Gross Tax County City: 5518
  • Assessor Parcel Number: 1016427016

Multi Family

  • Units Total: 4

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $230,000 -4.2% $116 / Sq Ft
01/19/2022 01/19/22 For Sale $240,000 -- $121 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202200355

Iowa City Area Association of REALTORS®

APN: 1016427016