Incredible investment/development opportunity in East Iowa City! Ready to finish 10-plex in Community View Part One. 6099 Sq ft. 4(1) bedroom, 2(2) bedroom & 4(3) bedroom apartments. This building is at the sheetrock stage of construction. There is a completed 8-plex 4785 sq ft. 2(1) bedroom, 2(2) bedroom, & 4(3) bedroom apartments. There is 1 more 8 plex pad & 3 more 10-plex building pads also for sale in Lot 2 Community View Part One ready to build on. There is a low income component to this development.
Sold for $2,400,000
$2,400,000
LOT 2 Community Vw, Iowa City, IA 52245
--beds
2baths
6,099sqft
Multi Family, Residential
Built in 2021
-- sqft lot
$1,614,500 Zestimate®
$394/sqft
$1,887 Estimated rent
Home value
$1,614,500
$1.31M - $1.95M
$1,887/mo
Zestimate® history
Owner options
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$1,887/mo
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$1,887/mo
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$13,146/mo
Est. payment
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$13,146/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Thomas Kaut 319-631-5288,
Urban Acres Real Estate
Bought with:
Thomas Kaut
Urban Acres Real Estate
Source: Iowa City Area AOR,MLS#: 202402432
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Natural Gas, Forced Air
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator, Dryer, Microwave, Washer
- Laundry: Main Level
Features
- Other
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,099
- Total interior livable area: 6,099 sqft
- Finished area above ground: 6,099
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Details
- Parcel number: 0918257002
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Vinyl, Frame
- Foundation: Slab
Condition
- New Construction
- New construction: Yes
- Year built: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Security, Sidewalks, Street Lights, Close To School, Near Shopping
Location
- Region: Iowa City
- Subdivision: Community View Part One
HOA & financial
HOA
- Has HOA: Yes
- Services included: None
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2024 | Sold | $2,400,000-46.7%$394/sqft |
Source:  Iowa City Area AOR #202402432 Report a problem | ||
| 4/30/2024 | Listed for sale | $4,500,000$738/sqft |
Source: Iowa City Area AOR #202402432 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 52245
Nearby schools
GreatSchools rating
- 5/10Herbert Hoover Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Southeast Junior High SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Iowa City High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Hoover
- 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.
Sell for more on Zillow
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$1,614,500
2% more
+$32,290
With Zillow Showcase(estimated)
$1,646,790
- Iowa
- Johnson County
- Iowa City
- 52245
- LOT 2 Community Vw
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