516 Church St, Iowacity, IA 52240
- Sqft
- 4,000
View property features, location on map, relevant school information and overview from seller's agent.
- 0
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Overview
Currently partially vacant but supported by an excellent rental history, this close-in property offers strong income potential and flexible use. Originally a single-family home, it has been converted into three 1-bedroom apartments along with six efficiency units off the alley, creating a total of nine rentable units. The location is highly desirable, providing convenient access to nearby amenities, transit, and the university. The property also features ample on-site parking, a valuable asset for tenants and a competitive advantage in the rental market. Great for an investor seeking a value-add opportunity or looking to expand their portfolio with a well-located multi-unit building. This property delivers both long-term potential and value.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 4,000
- Year built
- 1970
Utilities
- Heating
- Ductless, Electric, Natural gas
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Electricity
- $4,200
- Insurance
- $2,750
Taxes
- Tax Annual Amount (2025)
- $11,474
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Iowa City Area Association of Realtors MLS®#: 202602686 Last checked: …
