NOT LISTED FOR SALE

304 S Summit St Iowa City, IA 52240

Longfellow Neighborhood
4 Beds
4 Baths
4,119 Sq Ft
1870 Built

Last Sold February 28, 2025

Last sale price $732,500 $178 Per Sq Ft

126 Days on Market

Highlights

  • Brick or Stone Mason
  • Living Room
  • Forced Air Heating and Cooling System
  • City High School Rated A-
  • Property is near schools

About This Home

As of February 2025

Historical Preservation Award Winner! This property features an elegant 2 story entry with 6 one bedroom, one bath units. Each unit comes equipped with white kitchen cabinetry, granite countertops, hardwood floors, & updated baths. This property provides plenty of natural light, some units also feature walk-in closets. Shared laundry is located in the basement. Ample off street parking. $170K, 2023 building improvements were completed by Stumpf Construction, Yoder Electrical, and Yoder Masonry. Fully rented thru July 2025. 3 Units are renewed for 2025/2026 at $1250 per month. Rental permit renewed Jan 2024. New Roof 2021 & HVAC in 2016. Unit 202 & 203 each currently rent for $1200 per month.

Last Agent to Sell the Property

Carrie Floss

Urban Acres Real Estate Listed on: 10/10/2024

Urban Acres Real Estate

Last Buyer's Agent

Jeff Edberg

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • Lot Dimensions are 105 x 154

Parking

  • 4 Parking Spaces

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 4,119 Sq Ft Home
  • Living Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Location

  • Property is near schools
  • Property is near shops

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1011389007

Community Details

Overview

  • 6 Units
  • Kauffmans Addition Subdivision

Building Details

  • Electric Expense $7,231
  • Insurance Expense $3,102
  • Maintenance Expense $5,158
  • Gross Income $82,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Historical Preservation Award Winner! This property features an elegant 2 story entry with 6 one bedroom, one bath units. Each unit comes equipped with white kitchen cabinetry, granite countertops, hardwood floors, & updated baths. This property provides plenty of natural light, some units also feature walk-in closets. Shared laundry is located in the basement. Ample off street parking. $170K, 2023 building improvements were completed by Stumpf Construction, Yoder Electrical, and Yoder Masonry. Fully rented thru July 2025. 3 Units are renewed for 2025/2026 at $1250 per month. Rental permit renewed Jan 2024. New Roof 2021 & HVAC in 2016. Unit 202 & 203 each currently rent for $1200 per month.
  • Year Built: 1870
  • Tax Year Report: 2023
  • Subdivision: Kauffmans Addition
  • Rental Permit: Yes
  • Directions: Located on the SE Corner of Burlington St and Summit St.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School, Close to Shopping
  • Basement Remarks: Full
  • Possession R: Immediate, Negotiable, At Closing
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 4119

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 7231.16
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 105 x 154
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 10024.98
  • Assessor Parcel Number: 1011389007

Multi Family

  • Units Total: 6

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
02/28/2025 02/28/25 Sold $732,500 +0.4% $178 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
10/10/2024 10/10/24 For Sale $729,900 +25.4% $177 / Sq Ft
01/29/2021 01/29/21 Sold $582,000 0.0% $141 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $582,000 -- $141 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carrie Floss

    Seller's Agent in 2025

    Carrie Floss

    Urban Acres Real Estate

    (319) 631-4081

    2 in this area

    73 Total Sales

    Carrie Floss
    Section Image
  • Jeff Edberg

    Buyer's Agent in 2025

    Jeff Edberg

    Lepic-Kroeger, REALTORS

    (319) 331-6187

    4 in this area

    166 Total Sales

    Jeff Edberg
    Section Image

  • K

    Seller's Agent in 2021

    Kevin Hanick

    Urban Acres Real Estate

    Section Image
  • Sean McIntyre

    Seller Co-Listing Agent in 2021

    Sean McIntyre

    Urban Acres Real Estate

    (319) 430-8260

    8 in this area

    174 Total Sales

    Sean McIntyre
    Section Image

  • N

    Buyer's Agent in 2021

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202405776

Iowa City Area Association of REALTORS®
Iowa Johnson County Iowa City 52240 Longfellow

304 S Summit St, Iowa City, IA

This home is located at 304 S Summit St, Iowa City, IA 52240 since 10 October 2024. This property was built in 1870. 304 S Summit St is a home located in Johnson County with nearby schools including Longfellow 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.

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