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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 #202604060

Residential Sale

121 S Governor St
Iowa City, Iowa 52240

$244,900
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.
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Features

202604060
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
06-26-2026
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.

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