For sale

$250,000

718 7th Ave, Coralville, IA 52241

4beds

1,280sqft

$1,784/mo

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Income Investment, Residential

Built in 1961

7,405 Square Feet Lot

$250,300 Zestimate^®

$195/sqft

$-- HOA

What's special

Additional on-street parkingUpdated floor coveringsRecently paintedPlenty of off-street parkingNew electrical panel

Welcome to 718 7th Ave, a well-maintained up/down duplex in the heart of Coralville offering a great investment opportunity. Each unit is a 2-bedroom and 1 bathroom, with 640 square feet of living space, and washer/dryer in both units. Both units have been recently painted, and the lower level has updated floor coverings, new electrical panel, and new wall A/C. Tenants pay for all utilities except lawn care. The property includes plenty of off-street parking plus additional on-street parking. Both units are currently leased, with the lower unit rented for $1,200/month + $50 pet rent through April 26, 2027, and the upper unit renting for $900/month through July 26, 2027, providing immediate, reliable rental income.

8 days

346

15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Forced Air

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Appliances

Included: Range Or Oven, Refrigerator, Dryer, Washer
Laundry: In Kitchen

Features

Flooring: Carpet, LVP, Tile, Laminate
Basement: Block
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,280
Total interior livable area: 1,280 sqft
Finished area above ground: 640
Finished area below ground: 640

Property

Parking

Total spaces: 4
Parking features: Off Street, On Street

Features

Levels: One
Stories: 1
Patio & porch: Front Porch

Lot

Size: 7,405 Square Feet
Dimensions: 60 x 125
Features: Less Than Half Acre

Details

Additional structures: Shed(s)
Parcel number: 1005261004
Zoning: Residential
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Income Investment, Residential

Materials

Frame

Condition

Year built: 1961

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Sidewalks, Street Lights, Near Shopping, Close To School
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Coralville Heights

Location

Region: Coralville

Financial & listing details

Price per square foot: $195/sqft
Tax assessed value: $190,300
Annual tax amount: $3,006
Date on market: 7/22/2026
Listing terms: 1031 Exchange,Cash,Conventional

Estimated market value

$250,300

$238,000 - $263,000

$1,778/mo

Price history

Date	Event	Price
7/22/2026	Listed for sale	$250,000+16.3%$195/sqft
Source: Iowa City Area AOR #202604586 Report a problem
3/2/2026	Listing removed	$900$1/sqft
Source: Zillow Rentals Report a problem
2/5/2026	Listed for rent	$900+40.6%$1/sqft
Source: Zillow Rentals Report a problem
6/12/2025	Sold	$215,000-2.3%$168/sqft
Source: Iowa City Area AOR #202501298 Report a problem
4/19/2025	Pending sale	$220,000$172/sqft
Source: CRAAR, CDRMLS #2501239 Report a problem
3/7/2025	Price change	$220,000-2.2%$172/sqft
Source: CRAAR, CDRMLS #2501239 Report a problem
2/25/2025	Listed for sale	$225,000+80%$176/sqft
Source: Iowa City Area AOR #202501298 Report a problem
1/27/2022	Sold	$125,000$98/sqft
Source: Iowa City Area AOR #202200500 Report a problem
9/17/2020	Listing removed	$640$1/sqft
Source: Zillow Rental Manager Report a problem
8/25/2020	Listed for rent	$640$1/sqft
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,006 +4.8%	$190,300 +17.4%
2024	$2,869 +1.3%	$162,100 +3.4%
2023	$2,833 +4.8%	$156,800 +16.1%
2022	$2,704 +2.6%	$135,100
2021	$2,636 +2%	$135,100
2020	$2,584 +6%	--
2019	$2,438	--
2018	$2,438 +2%	$117,700
2017	$2,390 -4.4%	$117,700 -3.8%
2016	$2,500 +2.7%	$122,400
2015	$2,434 +6.4%	$122,400 +6.7%
2014	$2,288	$114,700 +9.4%
2012	--	$104,820
2011	--	$104,820 +3.6%
2009	--	$101,220
2008	--	$101,220 +14.1%
2005	$1,288 +1.9%	$88,720
2004	$1,264 +3.9%	$88,720 +8.1%
2003	$1,216 +3.1%	$82,060
2002	$1,180 -9.5%	$82,060 +6.4%
2001	$1,304	$77,160

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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: 52241

Getting around

61 / 100

Somewhat Walkable

31 / 100

Some Transit

57 / 100

Bikeable

Nearby schools

GreatSchools rating

4/10
Central Elementary School
Grades: PK-5Distance: 0.3 mi
5/10
Northwest Junior High School
Grades: 6-8Distance: 0.5 mi
8/10
West Senior High School
Grades: 9-12Distance: 1.8 mi

Schools provided by the listing agent

Elementary: Central
Middle: Northwest
High: West

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.