Skip main navigation
Sold for $1,225,000
  • $1,225,000

    402-424 Peterson St #402-424, Iowa City, IA 52245

    --beds
    1baths
    9,756sqft
    Multi Family, Residential
    Built in 1993
    -- sqft lot
    $1,243,900 Zestimate®
    $126/sqft
    $1,247 Estimated rent

    Home value

    $1,243,900

    $1.17M - $1.32M

    $1,247/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,247/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,247/mo

    Rent Zestimate®

    Refinance and save

    $21,110/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $21,110/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Practical layouts
    Here's an excellent investment opportunity in this well-maintained 12-unit multi-family property located on the east side of Iowa City. 2bed, 1 bath condos with a history of reliable tenancy, this property is perfect for investors looking to expand their portfolio. The units offer practical layouts, making them suitable for a variety of renters. Situated in a convenient location off of Court Street, it's close to schools, public transportation, and local amenities, this property is poised for consistent demand. This is a fantastic chance to own a multi-family property in a strong rental market. Don’t miss out on this great opportunity to grow your investment portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    Teague Case 319-321-6824,

    Westwinds Real Estate Services, Inc.

    Bought with:

    Edge Realty Group

    Source: Iowa City Area AOR,MLS#: 202406668MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Range Or Oven, Refrigerator, Dryer, Microwave, Washer
    Features
    • Zero Step Entry
    • Flooring: Carpet, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 9,756
    • Total interior livable area: 9,756 sqft
    • Finished area above ground: 9,756
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached Carport, Off Street
    • Has carport: Yes
    Details
    • Parcel number: 0918229001 0918229012
    • Zoning: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Residential
    Materials
    • Frame, Partial Brick, Vinyl
    • Foundation: Slab
    Condition
    • Year built: 1993

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Sidewalks, Street Lights, Close To School, Near Shopping, Near Public Transport
    • Subdivision: Court Hill Condominiums
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Exterior Maintenance, Trash, Maintenance Grounds, Pest Control
    • HOA fee: $14,400 annually
    Location
    • Region: Iowa City

    Financial & listing details

    • Price per square foot: $126/sqft
    • Annual tax amount: $22,968
    • Date on market: 12/9/2024
    • Listing terms: Conventional,1031 Exchange,Cash

    Price history

    DateEventPrice
    4/18/2025Pending sale$1,300,000+6.1%$133/sqft
    Source: Iowa City Area AOR #202406668 Report a problem
    4/9/2025Sold$1,225,000-5.8%$126/sqft
    Source: Iowa City Area AOR #202406668 Report a problem
    3/5/2025Pending sale$1,300,000$133/sqft
    Source: Iowa City Area AOR #202406668 Report a problem
    12/9/2024Listed for sale$1,300,000$133/sqft
    Source: Iowa City Area AOR #202406668 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Eastside

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,243,900
    2% more
    +$24,878
    With Zillow Showcase(estimated)
    $1,268,778
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,243,900
    2% more
    +$24,878
    With Zillow Showcase(estimated)
    $1,268,778