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
Property Features
Property Information:
Year Built: 1971
Living Area: 16,128 SqFt
Listing Office:
Office Name: LEPIC-KROEGER, REALTORS
Office Phone: (319) 351-8811
Listing Agent: Matthew Lepic
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Lot Features
Lot Information:
Lot Size: 1.05 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $4,000,000
Price Per SqFt: $248/SqFt
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Housing Market Comparison
See how this home compares to others in Iowa City, IA.
This property is $3.6M more than the Median Sold Price and $79/SqFt more than other homes in Iowa City, IA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CDR
MLS Number: #2407186
Listing Office:
Office Name: LEPIC-KROEGER, REALTORS
Office Phone: (319) 351-8811
Listing Agent: Matthew Lepic
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed. Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Ernest Horn Elementary School
600 Koser Ave
Distance between this listing and this school0.94 miles
Public District Grades PK-6
7
/10
Lincoln Elementary School
300 Teeters Ct
Distance between this listing and this school1.19 miles
Public District Grades KG-6
5
/10
Longfellow Elementary School
1130 Seymour Ave
Distance between this listing and this school1.38 miles
Public District Grades KG-6
Nearby Schools
3
/10
South East Junior High School
2501 Bradford Dr
Distance between this listing and this school2.37 miles
Public District Grades 7-8
5
/10
Northwest Junior High School
1507 8th St
Distance between this listing and this school2.98 miles
Public District Grades 7-8
8
/10
North Central Junior High School
180 Forevergreen Rd E
Distance between this listing and this school5.69 miles
Public District Grades 7-8
Nearby Schools
7
/10
West High School
2901 Melrose Ave
Distance between this listing and this school1.89 miles
Public District Grades 9-12
7
/10
City High School
1900 Morningside Dr
Distance between this listing and this school2.09 miles
Public District Grades 9-12
2
/10
Elizabeth Tate Alternative High School
1528 Mall Dr
Distance between this listing and this school2.16 miles
The neighbors living near this home have an average income of $29,063. The majority of Iowa City, IA residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
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This home is located at 732,736,740 Michael Street in Iowa City, IA and zip code 52246 in the MIller Orchard neighborhood. This 16,128 square foot home, which was built in 1971, sits on a 1.05 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $4,000,000.
Over 0 listings were sold over their listed price in November 2024 in Iowa City, IA. In the same period over 12 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Iowa City, IA decreased by 2.4% between October 2024 and November 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $302,500.
From Rocket Homes Real Estate and based on county public records data.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed. 
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