$325,000
SOLD JUN 30, 2025
4 Beds
2 Baths
2,400 Sq Ft
7,971 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

3% Below List Price

62 Days on Market

Highlights

  • Living Room
  • Property is near schools
  • Dining Room
  • City High School Rated A-
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of June 2025

Here's your opportunity to own a great investment property in the heart of Iowa City! Two 2 bed/1 bath units with a detached garage and an alley parking pad offering convenient living for tenants. Covered porches welcome you! Both units boast beautiful hardwood floors, living rooms, dining rooms, bonus rooms that could be great for a home office, kitchens, gas range in 520. Upstairs features a full bath w/ tub shower (520) or 3/4 bath (522), and two nice size bedrooms. Each unit has a washer and dryer in the lower level. All this within walking distance of downtown Iowa City, University of Iowa, and the bus line!

Last Agent to Sell the Property

Mike Jensen

Lepic-Kroeger, REALTORS Listed on: 04/08/2025

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Alexis Kemp

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 159

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Oven or Range
  • Unfinished Basement

Laundry

  • Dryer
  • Washer

Location

  • Property is near schools
  • Property is near shops

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1015104015

Community Details

Overview

  • 2 Units
  • Oak Hill Addition Subdivision

Building Details

  • Insurance Expense $1,600
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Here's your opportunity to own a great investment property in the heart of Iowa City! Two 2 bed/1 bath units with a detached garage and an alley parking pad offering convenient living for tenants. Covered porches welcome you! Both units boast beautiful hardwood floors, living rooms, dining rooms, bonus rooms that could be great for a home office, kitchens, gas range in 520. Upstairs features a full bath w/ tub shower (520) or 3/4 bath (522), and two nice size bedrooms. Each unit has a washer and dryer in the lower level. All this within walking distance of downtown Iowa City, University of Iowa, and the bus line!
  • Year Built: 1900
  • Tax Year Report: 2023
  • Subdivision: Oak Hill Addition
  • Rental Permit: Yes
  • Directions: Burlington St to S. Dodge St or Bowery St to S Dodge St. Duplex is on the east side of street.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School, Close to Shopping
  • Basement Remarks: Unfinished
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Sq Ft Above: 2400

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 3 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, 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: 50 x 159
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 5235.62
  • Assessor Parcel Number: 1015104015

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Jun 29, 2025
Sold by
Brookhart Daniel P
Bought by
Rogers Brian
Seller's Agent
Mike Jensen
Lepic-Kroeger, REALTORS
Buyer's Agent
Alexis Kemp
RE/MAX Concepts
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.93%

Purchase Details

Closed on
Aug 29, 2007
Sold by
Brookhart Daniel P and Hart Mary J
Bought by
Brookhart Daniel P
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Fiduciary Deed $325,000 None Listed On Document
Fiduciary Deed $325,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $325,000 -3.0% $135 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $335,000 -- $140 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

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 $5,236 $278,320 $67,190 $211,130
2023 $5,056 $278,320 $67,190 $211,130
2022 $4,830 $233,240 $62,860 $170,380
2021 $4,862 $233,240 $62,860 $170,380
2020 $4,862 $224,900 $60,690 $164,210
2019 $4,626 $224,900 $60,690 $164,210
2018 $4,626 $210,510 $56,360 $154,150
2017 $4,536 $210,510 $56,360 $154,150
2016 $4,448 $206,340 $56,360 $149,980
2015 $4,448 $206,340 $56,360 $149,980
2014 $4,336 $200,490 $52,020 $148,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202502373

Iowa City Area Association of REALTORS®

APN: 1015104015