730 Michael St Iowa City, IA 52246
Miller Orchard NeighborhoodEstimated payment $10,599/month
Highlights
- The community has rules related to allowing live work
- Living Room
- Forced Air Heating and Cooling System
- West High School Rated A
- Property is near schools
- 4-minute walk to Benton Hill Park
About This Home
Nestled conveniently near Kinnick & UIHC. Built in 1983 by the current owner. 11 units- one is 3 BR/2BA. All units fully remodeled w/wood type floor, tile bathrooms, carpet in bedrooms, cabinets, countertops, plumbing fixtures, doors & millwork, electrical, stainless steel appliances & newer windows. New LED lights-units & common hallways. Newer coin ops laundry. Remodeled common hallways, doors, millwork & carpet. Re-insulated attic-2023. Parking lot painted-2024. In-unit laundry in three BR apartment. Water heat boiler & domestic hot water recently serviced. Fall 2024 updates: 12 wall unit AC. Gyp-Crete between floors for sound. Mostly brick building & newer vinyl siding. ALL NEW 3/4” roof sheeting, ice & damn entire roof, STANDING SEAM STEEL ROOF w/no penetration fasteners showing, snow/ice guard rail around entire roof, new vent pipes/ boots, new oversized 6” gutters & oversized 4”x 5” downspouts, new larger overhang over north exterior w/Malarkey class 4 impact resistant shingles, etc. VERY well-maintained property managed by owner. Laundry income: $350/mo. Potential add'l income sources: Game day parking, renting parking to tenants & travel nurse. Walking trail from complex to law college.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1983
Lot Details
- Lot Dimensions are 180x40
Parking
- 4 Parking Spaces
Home Design
- Slab Foundation
- Frame Construction
Interior Spaces
- 3,200 Sq Ft Home
- Ceiling Fan
- Living Room
- Dining Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Location
- Property is near schools
- Property is near shops
- Property is near a bus stop
Schools
- Lincoln 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 1016184004
Community Details
Overview
- 11 Units
- School Commisssions Subdi Subdivision
- The community has rules related to allowing live work
Building Details
- Electric Expense $7,188
- Insurance Expense $7,700
- Gross Income $159,900
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Pending | -- | -- | -- |
| 04/01/2025 04/01/25 | For Sale | $1,675,000 | -- | $523 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
MLS Number: 202502206
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Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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