NOT LISTED FOR SALE

504 2nd Ave Unit 1,2,3,4,5,6 Coralville, IA 52241

7 Beds
4 Baths
2,244 Sq Ft
1983 Built

Last Sold September 01, 2021

Last sale price $419,000 $187 Per Sq Ft

42 Days on Market

Highlights

  • Living Room
  • Property is near shops
  • Heating System Uses Steam
  • West High School Rated A

About This Home

As of September 2021

6-plex Multi-family building with excellent rental history with some longer-term tenants. 5 units are 748sf with 2 bdrm/1 bath and one off-street parking space. 1 Unit is 1 Bdrm/1 bath with several large closets. Close to IRL, U of I Hospitals and Kinnick as well as many restaurants, coffee shops and just a hop away from two major interstates. Very close to bus lines. Coin operated laundry is currently managed and owned by Herkey Laundry, but could transfer to new owners. Call the agent or set up showings online through Showingtime. Please allow 24 hours to notify tenants. Property is being sold "as is". However, carpet and painting will be done in Unit #6 when tenant is out/b4 closing or credited per current quotes to buyer at closing.

Last Agent to Sell the Property

Sandy Kacena

SB Kacena Real Estate LLC Listed on: 07/13/2021

Last Buyer's Agent

Rita Arora

Ambrose & Associates, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Parking

  • Off-Street Parking

Interior Spaces

  • 2,244 Sq Ft Home
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Location

  • Property is near shops
  • Property is near a bus stop

Schools

  • Central Elementary School
  • Northwest Middle School
  • Western Dubuque High School

Utilities

  • Heating System Uses Steam
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1005453003

Community Details

Overview

  • 6 Units
  • Coralville Commercial Subdivision

Building Details

  • Electric Expense $1,374
  • Fuel Expense $264
  • Insurance Expense $2,840
  • Maintenance Expense $4,013
  • Water Sewer Expense $1,594
  • Gross Income $48,292

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Photo Code1: Broker Loaded
  • Possible Finance: Cash, Conventional
  • T Val: 419000
  • Year Built: 1983
  • Tax Year Report: 2020
  • Subdivision: Coralville Commercial
  • Rental Permit: Yes
  • Type Multi Family: Apartments (5+ Units)
  • Water Annually: 1594
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Above: 2244
  • Lower Level Sq Ft: 2244

Garage/Parking

  • Parking: Off Street

Utilities

  • Heating: Steam/Hotwater
  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Utilities Available: Water in Rent
  • Electric Annually: 1374
  • Gas Annually: 264

Condo/Co-op/Association

  • Amenities: Close to Shopping, On Bus Line

Schools

  • Elementary School: Central
  • Middle School: Northwest
  • High School: Western Dubuque
  • High School: Western Dubuque
  • Jr Middle School: Northwest
  • Elementary School: Central

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: .21
  • Zoning: Mixed Use

Tax Info

  • Gross Tax County City: 7672
  • Assessor Parcel Number: 1005453003

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 List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $419,000 0.0% $187 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $419,000 -- $187 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sandy Kacena

    SB Kacena Real Estate LLC

    Section Image

  • R

    Buyer's Agent in 2021

    Rita Arora

    Ambrose & Associates, REALTORS

    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202104104

Iowa City Area Association of REALTORS®

APN: 1005453003

Iowa Johnson County Coralville 52241

504 2nd Ave Unit 1,2,3,4,5,6, Coralville, IA

This home is located at 504 2nd Ave Unit 1,2,3,4,5,6, Coralville, IA 52241 since 13 July 2021. This property was built in 1983. 504 2nd Ave Unit 1,2,3,4,5,6 is a home located in Johnson County with nearby schools including Central Elementary School, Northwest Junior High School, and West 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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