Urban Acres Logo Home Link
Menu
Menu

Description

Investor alert. Well maintained two bedroom home in the heart of downtown Iowa City with a strong rental history. Currently leased through July 2027, with the potential for owner occupancy once the lease term expires. Rent is currently $1,400 and will increase to $1,650 starting 8/1/2026. The unfinished basement offers opportunity for future finished living space.

Listing ID #202601004

Residential Sale

121 S Governor St
Iowa City, Iowa 52240

$249,900
Beds2
Total Baths1
Square Feet864
Construction Year1952
Lot Size0.08 Acre
Country : US
State : IA
County : Johnson
City : Iowa City
Zipcode : 52240
StatusActive
Listing Agent
Gwen Johnson
Skogman Realty Co.
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year
$
Features
202601004
Income Investment
2
1
864 Sqft
1952
Off Street
Full, Unfinished
Deck, Front Porch
Frame, Vinyl
North on Governor St. House is on the left between Washington St and College St.
Additional Details
0.08 Acre
Wall Window Units
Natural Gas, Forced Air
Kit Dining Rm Comb, Cable Available, Primary On Main Level
02-05-2026
50x72
Iowa City Original Town

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

Request a Showing

Have a question we can answer this property? Interesting in scheduling a showing? Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property.

This field is for validation purposes and should be left unchanged.
Your Name(Required)
How would you prefer to be reached?

Please provide a preferred and an alternate date and time for viewing this property. Please note: some owners require at least 24-hours notice (minimum) before scheduling a showing.
Newsletter Signup

I agree to be contacted by Urban Acres Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary.

View Similar Listings

View More Listings

250 Holiday Rd
Coralville, IA 52241

Facebook-f Instagram X-twitter Linkedin