
732,736,740 Michael St Iowa City, IA 52246
Miller Orchard NeighborhoodEstimated payment $23,652/month
Highlights
- Very Popular Property
- Living Room
- Baseboard Heating
- West High School Rated A
- Dining Room
- 5-minute walk to Benton Hill Park
About This Home
42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Parking
- 4 Parking Spaces
Home Design
- Slab Foundation
- Frame Construction
Interior Spaces
- 8,064 Sq Ft Home
- Living Room
- Dining Room
- Oven or Range
Schools
- Horn Elementary School
- Northwest Middle School
- West High School
Utilities
- Baseboard Heating
- Heating System Uses Steam
- Heating System Mounted To A Wall or Window
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 1016184003
Community Details
Overview
- 42 Units
- School Commissioners Sub Subdivision
Building Details
- Gross Income $396,601
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
10/01/2025 10/01/25 | Price Changed | $3,750,000 | 0.0% | $233 / Sq Ft |
10/01/2025 10/01/25 | For Sale | $3,750,000 | -2.6% | $465 / Sq Ft |
04/08/2025 04/08/25 | Price Changed | $3,850,000 | -3.8% | $239 / Sq Ft |
10/15/2024 10/15/24 | For Sale | $4,000,000 | -- | $248 / Sq Ft |
About the Listing Agent

Together Matthew and Nicole formed the Lepic Elite Home Team in 2008. They knew that their expansive background in Real Estate would be a huge asset for their clients. Matthew and Nicole’s joint wisdom can guide you to making the best decision so you can feel comfortable in your outcome. They have knowledge, experience and education with new construction, remodeling, investments, development, and also listing your current property or purchasing an existing home. Since Nicole is from Linn County
Matthew's Other Listings
Source: Iowa City Area Association of REALTORS®
MLS Number: 202506132

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