$6,750,000

1100 Arthur St Iowa City, IA 52240

Eastside Neighborhood

Estimated payment $44,030/month

Total Views 9,758
6 Beds
4 Baths
2,484 Sq Ft
$2,717 Price per Sq Ft

Highlights

  • Brick or Stone Mason
  • Living Room
  • 5-minute walk to Mercer Park
  • City High School Rated A-
  • Forced Air Heating System

About This Home

NEW PRICE! This is a 100-unit cooperative project with all units leased out. 66 are one bedroom with 575 SF & 34 are two bedroom with 800 SF. The building is a quadrangle style with grassy area in the middle. There are separate laundry rooms for extra income & two basement areas with storage units for the tenants. The parcel is 3.765 acres & has approximately 100 parking spaces & bus service nearby. Close to banking, shopping, schools & parks. It is also directly across Arthur St from the new Johnson County Neighborhood Center, a daycare & community center that will offer classrooms, computer lab, bikes for loan, playground & a center for community activities. Also, as a cooperative property, each unit could be sold individually.

Listing Agent

Jeff Edberg

Lepic-Kroeger, REALTORS Listed on: 03/04/2025

Lepic-Kroeger, REALTORS

Co-Listing Agent

Carmen Krueger

Lepic-Kroeger, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Parking

  • 4 Parking Spaces

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 2,484 Sq Ft Home
  • Living Room
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Lucas Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1013326002

Community Details

Overview

  • 100 Units

Building Details

  • Electric Expense $9,662
  • Insurance Expense $144,000
  • Maintenance Expense $34,880
  • Water Sewer Expense $2,400
  • Gross Income $966,180

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: NEW PRICE! This is a 100-unit cooperative project with all units leased out. 66 are one bedroom with 575 SF & 34 are two bedroom with 800 SF. The building is a quadrangle style with grassy area in the middle. There are separate laundry rooms for extra income & two basement areas with storage units for the tenants. The parcel is 3.765 acres & has approximately 100 parking spaces & bus service nearby. Close to banking, shopping, schools & parks. It is also directly across Arthur St from the new Johnson County Neighborhood Center, a daycare & community center that will offer classrooms, computer lab, bikes for loan, playground & a center for community activities. Also, as a cooperative property, each unit could be sold individually.
  • Year Built: 1962
  • Tax Year Report: 2022
  • Rental Permit: Yes
  • Water Annually: 2400
  • Directions: From Hwy 6 go N onto S 1st Ave then a right going E onto Muscatine Ave. Take a right and go S onto Arthur St and it will be on the left hand side.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Partial
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Sq Ft Above: 2484
  • Lower Level Sq Ft: 2484

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Water
  • Electric Annually: 9662
  • Heating Cooling: Window/Wall Units, Gas, Forced Air

Condo/Co-op/Association

  • Fees Include: Other

Schools

  • Elementary School: Lucas
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Lucas

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: RM20

Tax Info

  • Gross Tax County City: 104447.21
  • Assessor Parcel Number: 1013326002

Multi Family

  • Units Total: 100

Map

Range of Values:

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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
03/04/2025 03/04/25 For Sale $6,750,000 -- $2,717 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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Source: Iowa City Area Association of REALTORS®

MLS Number: 202501451

Iowa City Area Association of REALTORS®

Iowa Johnson County Iowa City 52240 Eastside

1100 Arthur St, Iowa City, IA

This home is located at 1100 Arthur St, Iowa City, IA 52240 and is currently priced at $6,750,000, approximately $2,717 per square foot. This property was built in 1962. 1100 Arthur St is a home located in Johnson County with nearby schools including Robert Lucas Elementary School, Southeast Junior High School, and City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

Nearby Homes
Jeff Edberg
Listing Agent
Jeff Edberg
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Lepic-Kroeger, REALTORS
(319) 725-2049