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For sale
    • $504,000

    2407 Petsel Pl, Iowa City, IA 52246

    4beds
    2,190sqft
    : 
    $3,597/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $230/sqft
    $-- HOA

    What's special

    Fully remodeled two-story duplex
    Whether you're an investor chasing yield or an owner looking to house hack your way into real estate, 2407 Petsel Place checks every box. This fully remodeled two-story duplex delivers a great cap rate with two income streams built in — a short-term rental upstairs and a long-term tenant downstairs — both units freshly updated in 2025 and ready to cash flow from day one. Location does the heavy lifting here. Situated less than 2 miles from the University of Iowa, UI Hospitals & Clinics, and Kinnick Stadium, this property sits in one of Iowa's most consistent rental corridors — low vacancy, steady demand, and a tenant pool that never dries up. Add a grocery store nearby and direct access to the Iowa City bus line, and you have a property that practically rents itself. Live downstairs, collect rent upstairs — or add it to your portfolio as a standalone acquisition or part of a larger Iowa City package that is currently available.
    32 days
    |
    364
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brenda Phongsavanh 515-446-7524,

    Realty ONE Group Impact

    Source: DMMLS,MLS#: 743899MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Heating
      • Forced Air, Gas, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Stove
      • Laundry: Main Level, Upper Level
      Features
      • Eat-in Kitchen
      • Flooring: Hardwood, Laminate, Tile, Vinyl
      • Basement: Partially Finished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,190
      • Total interior livable area: 2,190 sqft
      • Finished area below ground: 800

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Two Car Garage
      • Attached garage spaces: 2
      Features
      • Patio & porch: Deck, Open, Patio
      • Exterior features: Deck, Patio
      • Fencing: Chain Link,Wood
      Lot
      • Size: 8,842 Square Feet
      Details
      • Parcel number: 1017233007
      • Zoning: R

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Roof: Asphalt,Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Sidewalks
      • Security: Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Iowa City

      Financial & listing details

      • Price per square foot: $230/sqft
      • Tax assessed value: $318,760
      • Annual tax amount: $5,530
      • Date on market: 6/24/2026
      • Cumulative days on market: 33 days
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/25/2026Listed for sale$504,000$230/sqft
        Source: DMMLS #743899 Report a problem
        3/2/2025Listing removed$1,350$1/sqft
        Source: Zillow Rentals Report a problem
        1/14/2025Listed for rent$1,350$1/sqft
        Source: Zillow Rentals Report a problem
        12/18/2024Listing removed$1,350$1/sqft
        Source: Zillow Rentals Report a problem
        12/14/2024Listed for rent$1,350$1/sqft
        Source: Zillow Rentals Report a problem
        11/23/2024Listing removed$1,350$1/sqft
        Source: Zillow Rentals Report a problem
        10/21/2024Listed for rent$1,350-10%$1/sqft
        Source: Zillow Rentals Report a problem
        10/7/2024Listing removed$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        9/25/2024Price change$1,500-9.1%$1/sqft
        Source: Zillow Rentals Report a problem
        9/23/2024Price change$1,650-10.8%$1/sqft
        Source: Zillow Rentals Report a problem
        9/22/2024Price change$1,850-5.1%$1/sqft
        Source: Zillow Rentals Report a problem
        9/19/2024Listed for rent$1,950+56%$1/sqft
        Source: Zillow Rentals Report a problem
        8/28/2024Listing removed$1,250$1/sqft
        Source: Zillow Rentals Report a problem
        8/8/2024Listed for rent$1,250-45.7%$1/sqft
        Source: Zillow Rentals Report a problem
        7/6/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/6/2023Listed for rent$2,300$1/sqft
        Source: Zillow Rentals Report a problem
        4/29/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/9/2022Listed for rent$2,300+12.2%$1/sqft
        Source: Zillow Rental Manager Report a problem
        6/25/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/10/2021Price change$2,050-4.7%$1/sqft
        Source: Zillow Rental Manager Report a problem
        10/26/2020Price change$2,150+11.4%$1/sqft
        Source: Owner Report a problem
        7/6/2020Price change$1,930-2.3%$1/sqft
        Source: Owner Report a problem
        6/1/2020Listed for rent$1,975+1.3%$1/sqft
        Source: Owner Report a problem
        3/1/2020Listing removed$1,950$1/sqft
        Source: Owner Report a problem
        2/6/2020Listed for rent$1,950$1/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,530 +1.3%$318,760 +9.8%
        2024$5,462 +12.1%$290,330
        2023$4,872 +4.7%$290,330 +29.2%
        2022$4,655 -3.6%$224,770
        2021$4,828 +1.9%$224,770 +0.7%
        2020$4,740 +9.1%$223,280
        2019$4,346 $223,280 +12.9%
        2018$4,346 +1.1%$197,820
        2017$4,300 -2.2%$197,820 -1.1%
        2016$4,398 +1.9%$200,100
        2015$4,314 +5.5%$200,100 +5.9%
        2014$4,088 $188,990
        2012-- $188,990
        2011-- $188,990 +3.9%
        2009-- $181,960
        2008-- $181,960 +28.7%
        2005$2,600 +2.5%$141,360
        2004$2,536 -2.7%$141,360 +3.8%
        2003$2,606 +3.6%$136,170
        2002$2,516 +7.3%$136,170 +7.2%
        2001$2,344 $126,980
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 52246

        Getting around

        52 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Iowa City

        Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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