Close to campus & downtown two story up/down duplex with separate entrances. One bedroom, full bath and laundry in both units. Central gas furnace & A/C units w/gas & electric costs and City trash/water/sewer utility costs shared by tenants. Could easily be restored to a single family home. Upper unit lease expires 10/31/26, Lower unit, 7/31/27. Current rent $600/mo each. Large off-street concrete parking in back of property. 12x18 detached garage. Radon mitigation system. New furnace ~2012. Buyers to agree to 1031 tax-exempt sale terms & can bundle with 20 S Lucas St. Tenants' Rights: minimum of 48 hours notice to show. Possession negotiable. Great opportunity!
For sale
$240,000
323 N Lucas St, Iowa City, IA 52245
--beds
--baths
1,768sqft
Multi Family, Residential
Built in 1900
-- sqft lot
$232,400 Zestimate®
$136/sqft
$-- HOA
What's special
Radon mitigation system
- 18 days
- 633
- 20
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
CLAY CLAUSSEN 319-331-9911,
RE/MAX Concepts
Source: Iowa City Area AOR,MLS#: 202605182
Facts & features
Interior
Heating
- Forced Air
Features
- Flooring: Carpet, Vinyl
- Basement: Block,See Remarks
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,768
- Total interior livable area: 1,768 sqft
- Finished area above ground: 1,528
- Finished area below ground: 240
Property
Parking
- Total spaces: 4
- Parking features: Off Street, On Street
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 6,920 Square Feet
- Dimensions: 6920SF
- Features: Level
Details
- Parcel number: 1010186005
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Composit, Frame
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Sidewalks, Street Lights, Near Shopping, Near Public Transport
- Subdivision: Iowa City (Original Town)
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $136/sqft
- Tax assessed value: $231,280
- Annual tax amount: $4,154
- Date on market: 8/24/2026
- Listing terms: 1031 Exchange,Cash,Conventional
Estimated market value
$232,400
$221,000 - $244,000
$1,287/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Listed for sale | $240,000+61.1%$136/sqft |
Source:  Iowa City Area AOR #202605182 Report a problem | ||
| 3/17/2020 | Listing removed | $600 |
Source: Zillow Rental Manager Report a problem | ||
| 3/14/2020 | Listed for rent | $600 |
Source: Zillow Rental Manager Report a problem | ||
| 8/22/2018 | Listing removed | $600 |
Source: Owner Report a problem | ||
| 8/17/2018 | Listed for rent | $600-7.7% |
Source: Owner Report a problem | ||
| 1/9/2018 | Listing removed | $650 |
Source: Owner Report a problem | ||
| 12/15/2017 | Price change | $650-5.8% |
Source: Owner Report a problem | ||
| 12/6/2017 | Price change | $690-4.8% |
Source: Owner Report a problem | ||
| 11/27/2017 | Listed for rent | $725 |
Source: Owner Report a problem | ||
| 1/13/2012 | Sold | $149,000$84/sqft |
Source: Iowa City Area AOR #20116155 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,154 +1.2% | $231,280 +6% |
| 2024 | $4,103 +6.2% | $218,100 |
| 2023 | $3,865 +4.7% | $218,100 +22.3% |
| 2022 | $3,693 -2.1% | $178,310 |
| 2021 | $3,772 +1.8% | $178,310 +2.2% |
| 2020 | $3,704 +4.9% | $174,490 |
| 2019 | $3,532 | $174,490 +8.5% |
| 2018 | $3,532 +1.1% | $160,760 |
| 2017 | $3,494 -0.3% | $160,760 +0.9% |
| 2016 | $3,504 +2% | $159,380 |
| 2015 | $3,436 +3.7% | $159,380 +4% |
| 2014 | $3,314 | $153,210 |
| 2012 | -- | $153,210 -4.5% |
| 2011 | -- | $160,410 +2.4% |
| 2009 | -- | $156,710 |
| 2008 | -- | $156,710 +32.8% |
| 2005 | $2,172 +2.5% | $118,030 |
| 2004 | $2,118 +2.7% | $118,030 +9.6% |
| 2003 | $2,062 +3.6% | $107,700 |
| 2002 | $1,990 +16.4% | $107,700 +16.3% |
| 2001 | $1,710 | $92,620 |
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.Climate risks
Neighborhood: Northside
Nearby schools
Schools provided by the listing agent
- Elementary: Mann
- 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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