$339,900

Estimated payment $2,297/month

Total Views 37,355
4 Beds
2 Baths
988 Sq Ft
$344 Price per Sq Ft

Highlights

  • 2 Fireplaces
  • Living Room
  • Central Air
  • West High School Rated A
  • Property is near schools
  • Dining Room

About This Home

Opportunity knocks with this duplex rental property fully leased through May 2026, rental permit and ready for new landlord. This property is apart of a 1031 exchange and has great rental history. The discerning investor will love the location and how close it is to the university of Iowa hospitals and clinics. Close to bus stop, shopping and parks. Great schools and yes close to I-80. seller has never lived in property and welcomes inspections but is selling as is. **All financial information will be provided to qualified buyers. Subject to tenants rights.** **Schedule showings via showing time during weekdays from 9-3 are the only times that the management company receives calls for showing. **Pro performa information is available on Paragon**

Listing Agent

Gwen Johnson

Skogman Realty Co. Listed on: 01/10/2025

Skogman Realty Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,034

Year Built

  • Built in 1978

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 988 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Internet Available

Additional Features

  • Lot Dimensions are 80x131
  • Property is near schools

Community Details

  • 2 Units
  • Ty'n Cae Addition Part 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1017379012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,034

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Opportunity knocks with this duplex rental property fully leased through May 2026, rental permit and ready for new landlord. This property is apart of a 1031 exchange and has great rental history. The discerning investor will love the location and how close it is to the university of Iowa hospitals and clinics. Close to bus stop, shopping and parks. Great schools and yes close to I-80. seller has never lived in property and welcomes inspections but is selling as is. **All financial information will be provided to qualified buyers. Subject to tenants rights.** **Schedule showings via showing time during weekdays from 9-3 are the only times that the management company receives calls for showing. **Pro performa information is available on Paragon**
  • Year Built: 1978
  • Tax Year Report: 2023
  • Subdivision: TY'N CAE ADDITION PART 2
  • Rental Permit: Yes
  • Directions: Turn E off Mormon Trek onto Abbey Ln. Turn N onto Dolen Pl. House will be on the left.
  • L O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School
  • Basement Remarks: Finished, Full, Walkout
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Microwave, Washer
  • Sq Ft Above: 988
  • Number of Fireplaces: 2
  • Lower Level Sq Ft: 988

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central

Schools

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

Lot Info

  • Lot Dimensions: 80x131
  • Zoning: res

Tax Info

  • Gross Tax County City: 5034
  • Assessor Parcel Number: 1017379012

Multi Family

  • Units Total: 2

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,034 $267,630 $65,280 $202,350
2023 $4,884 $267,630 $65,280 $202,350
2022 $4,666 $225,340 $61,440 $163,900
2021 $4,690 $225,340 $61,440 $163,900
2020 $4,690 $216,910 $53,760 $163,150
2019 $4,356 $216,910 $53,760 $163,150
2018 $4,356 $198,270 $46,080 $152,190
2017 $4,310 $198,270 $46,080 $152,190
2016 $3,824 $177,420 $38,400 $139,020
2015 $3,824 $177,420 $38,400 $139,020
2014 $3,708 $171,380 $38,400 $132,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 For Sale $339,900 -- $344 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $215,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Iowa City Area Association of REALTORS®

MLS Number: 202500305

Iowa City Area Association of REALTORS®

APN: 1017379012