Unique 7 unit apartment building within walking distance of downtown & campus. Each Apt features 1 bedroom, 1 full bath & kitchen. Not a boarding house! Apt D vacated & available, Apt A lease expires 12/31 & rest leased through 7/31/27. Leases range from $400 to $775/Apt currently. Coin laundry washer & dryer in LL. Lower level units feature front and back entry doors. Two separate HVAC units: one for lower level (3 apts) & one for upper two floors (4 apts). Tenants pay gas & electric, Owner covers water, sewer, trash & heat. Detached single car garage currently rented for $50/mo. Buyers to provide Pre-Approval Letter or Proof of Funds with showing requests. Tenants Rights: 48 hour notice for showings: Buyer(s) to agree to 1031 tax-free exchange. Can 1031 bundle with 323 N Lucas St.
For sale
$675,000
20 S Lucas St, Iowa City, IA 52240
--beds
1baths
3,302sqft
Multi Family, Residential
Built in 1900
-- sqft lot
$638,600 Zestimate®
$204/sqft
$-- HOA
What's special
Detached single car garageTwo separate hvac units
- 18 days
- 207
- 4
Zillow last checked:
Listing updated:
Listed by:
CLAY CLAUSSEN 319-331-9911,
RE/MAX Concepts
Source: Iowa City Area AOR,MLS#: 202605179
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Natural Gas, Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Range Or Oven, Refrigerator
- Laundry: In Basement, Laundry Room
Features
- Flooring: Carpet, Wood, Vinyl
- Basement: Block,Full,Walk-Out Access
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,302
- Total interior livable area: 3,302 sqft
- Finished area above ground: 2,302
- Finished area below ground: 1,000
Property
Parking
- Total spaces: 4
- Parking features: Off Street, On Street
- Has garage: Yes
Features
- Levels: Multi/Split
- Patio & porch: Front Porch
Lot
- Size: 5,985 Square Feet
- Dimensions: 63 x 95
Details
- Parcel number: 1010415008
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Vinyl, Frame
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Sidewalks, Street Lights, Close To School, Near Shopping, Near Public Transport
- Security: Smoke Detector(s)
- Subdivision: Iowa City (Original Town)
HOA
- Has HOA: Yes
- Services included: Heating And Cooling, None
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $204/sqft
- Annual tax amount: $10,570
- Date on market: 8/24/2026
- Listing terms: 1031 Exchange,Cash,Conventional
Estimated market value
$638,600
$607,000 - $671,000
$1,062/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Listed for sale | $675,000$204/sqft |
Source:  Iowa City Area AOR #202605179 Report a problem | ||
| 5/20/2026 | Listing removed | $690 |
Source: Zillow Rentals Report a problem | ||
| 5/17/2026 | Listed for rent | $690 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: College Green
Nearby schools
Schools provided by the listing agent
- Elementary: Longfellow
- Middle: Southeast
- High: City
Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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