NOT LISTED FOR SALE

918 23rd Ave Unit 1-12 Coralville, IA 52241

7 Beds
4 Baths
9,216 Sq Ft
1983 Built

Last Sold April 05, 2024

Last sale price $745,000 $81 Per Sq Ft

6 Days on Market

Highlights

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

About This Home

As of April 2024

Building has new roof, siding and windows in 2023. Several units have been updated with newer kitchen cabinets and vinyl planking. 8 units leased for 2024-2025 lease term, 2 bedroom rents range from $715.00 - $750.00 depending on updates. Must give at least 24 hour notice for showings.

Last Agent to Sell the Property

Dave Fomon

Keystone Property Management Co. Listed on: 03/06/2024

Co-Listed By

Teresa Crosser

Keystone Property Management Co.

Last Buyer's Agent

Jill Armstrong

Skogman Realty Co.

Skogman Realty Co.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 200x200

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 9,216 Sq Ft Home
  • Living Room
  • Dining Room
  • Oven or Range

Location

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

Schools

  • Kirkwood 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 1006246001

Community Details

Overview

  • 12 Units
  • Coral Mall Business Park Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Electric Expense $500
  • Fuel Expense $3,000
  • Insurance Expense $8,500
  • Maintenance Expense $4,400
  • Water Sewer Expense $3,400
  • Gross Income $97,000

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
  • Remarks: Building has new roof, siding and windows in 2023. Several units have been updated with newer kitchen cabinets and vinyl planking. 8 units leased for 2024-2025 lease term, 2 bedroom rents range from $715.00 - $750.00 depending on updates. Must give at least 24 hour notice for showings.
  • Year Built: 1983
  • Tax Year Report: 2022
  • Subdivision: Coral Mall Business Park
  • Rental Permit: Yes
  • Water Annually: 3400
  • Directions: Coralville Strip to 23rd Avenue.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Pet Policy, Close to Shopping, On Bus Line
  • Basement Remarks: See Renmarks
  • Possession R: Immediate
  • Possible Finance R: Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 9216

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Sewer Connected
  • Electric Annually: 500
  • Gas Annually: 3000
  • Heating Cooling: Window/Wall Units, Baseboard, Steam/Hotwater

Schools

  • Elementary School: Kirkwood
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Kirkwood

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 200x200
  • Zoning: residential multi-family

Tax Info

  • Gross Tax County City: 14482
  • Assessor Parcel Number: 1006246001

Multi Family

  • Units Total: 12

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
04/05/2024 04/05/24 Sold $745,000 +2.8% $81 / Sq Ft
03/21/2024 03/21/24 Off Market $725,000 -- --
03/14/2024 03/14/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $725,000 -- $79 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202401294

Iowa City Area Association of REALTORS®

APN: 1006246001