Description

Front/back duplex investment opportunity just east of downtown Iowa City, within walking distance of the University of Iowa campus. Built in 1915, the property (2,975 SF) includes one 5BR/2BA unit and one 5BR/3BA unit on a 0.138-acre lot. Proforma NOI of $58,623 on a 6.90% cap rate. Strong, consistent rental demand in one of Iowa’s strongest markets. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.

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Listing ID #2604992

Residential Sale

717/719 E Jefferson Street
Iowa City, Iowa 52246

$850,000

Beds0

Total Baths0

Square Feet2,975

Construction Year1915

Lot Size0.14 Acre

Country : US

State : IA

County : Johnson

City : Iowa City

Zipcode : 52246

StatusActive

Virtual Tour: View Tour

Listing Agent

Name: Tiffany Earl Williams-WSG CRE

Office: SKOGMAN REALTY COMMERCIAL

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Features

Property ID: 2604992

Property Type: Multi Family

SqFt: 2,975 Sqft

Year Built: 1915

Parking: Parking Space(s)

Basement: Partial

Construction: Frame, Brick, Aluminum Siding

Directions: From I-80: Take Exit 244 (Dubuque St) south into Iowa City, continue on Dubuque St through downtown, left on Market St, right on N Lucas St. Property is on the [left/right] near the Market/Bloomington St block.

Additional Details

Acre Lot Size: 0.14 Acre

Cooling System: Central Air

Heating Fuel: Electric, Gas

Listing Date: 07-13-2026

Lot Dimensions: 6000

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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