Rare opportunity to own a FULLY RENTED 4-Plex in a great location off Scott Blvd / Washington St. Each unit has its own parcel#, so you could sell units off if you want to. Coin operated laundry provides additional income. Association is self managed with owner of the other two buildings. Consistently rented. Owner has updated flooring and cabinetry in 3 of the 4 units and updated the front landscaping wall. Rents / Units are likely currently under rented / too low. Units show well. Rear exit / stairs in the back of each unit. Some newer appliances. Property (properties) being sold as is. #9 & #11 currently rented for $775 / month. #10 & #12 rented thru July 2025 for $850. Potential rent for around $900+/- per month. Coin operated laundry brings in around $1000 / year. 48 HOUR NOTICE FOR SHOWINGS. 10AM-6PM ONLY.
Sold for $395,000
$395,000
68 Oberlin St #9-12, Iowa City, IA 52245
--beds
1baths
3,624sqft
Multi Family, Residential
Built in 1983
-- sqft lot
$499,200 Zestimate®
$109/sqft
$1,445 Estimated rent
Home value
$499,200
$464,000 - $549,000
$1,445/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Mark Paterno 319-936-7447,
Urban Acres Real Estate,
Lauren Grell 319-383-8084,
Urban Acres Real Estate
Bought with:
Teague Case
Westwinds Real Estate Services, Inc.
Source: Iowa City Area AOR,MLS#: 202404135
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Rooms
- Room types: Family Room
Heating
- Electric, Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator, Dryer, Microwave, Washer
- Laundry: In Hall, Other
Features
- Breakfast Area, Pantry, Other
- Flooring: Carpet, Vinyl
- Basement: Concrete
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,624
- Total interior livable area: 3,624 sqft
- Finished area above ground: 1,812
- Finished area below ground: 1,812
Property
Parking
- Total spaces: 4
- Parking features: Guest, Off Street
Features
- Levels: One
- Exterior features: Other
Lot
- Features: Other
Details
- Parcel number: 10124140011012414004
- Zoning: OPD8
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Condo Single Level,Split Level
- Property subtype: Multi Family, Residential
Materials
- Wood, Brick, Frame
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Sidewalks, Street Lights, Close To School, Near Shopping, Near Public Transport
- Security: Smoke Detector(s)
- Subdivision: Oberlin Condominiums
HOA
- Has HOA: Yes
- Services included: Insurance, Street Maintenance, Other
- HOA fee: $5,000 annually
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $109/sqft
- Annual tax amount: $6,536
- Date on market: 7/15/2024
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2024 | Sold | $395,000$109/sqft |
Source:  Iowa City Area AOR #202404135 Report a problem | ||
| 7/15/2024 | Listed for sale | $395,000+21.5%$109/sqft |
Source: Iowa City Area AOR #202404135 Report a problem | ||
| 3/15/2021 | Sold | $325,000$90/sqft |
Source: Iowa City Area AOR #202101590 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Washington Hills
Nearby homes
- $123,2002 bd1 ba906 sqft62 Oberlin St APT 3, Iowa City, IA 52245Off Market
- $92,4002 bd1 ba906 sqft62 Oberlin St APT 4, Iowa City, IA 52245Off Market
- $92,4002 bd1 ba906 sqft62 Oberlin St APT 2, Iowa City, IA 52245Off Market
- $101,8002 bd1 ba906 sqft68 Oberlin St APT 9, Iowa City, IA 52245Off Market
- $98,7002 bd1 ba906 sqft68 Oberlin St APT 10, Iowa City, IA 52245Off Market
- $98,7002 bd1 ba906 sqft68 Oberlin St APT 11, Iowa City, IA 52245Off Market
- $98,7002 bd1 ba906 sqft68 Oberlin St APT 12, Iowa City, IA 52245Off Market
- $112,1002 bd1 ba906 sqft64 Oberlin St APT 5, Iowa City, IA 52245Off Market
Nearby schools
GreatSchools rating
- 3/10Helen Lemme Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Southeast Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Iowa City High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Lemme
- 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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- Iowa
- Johnson County
- Iowa City
- 52245
- Washington Hills
- 68 Oberlin St Unit 9-12
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