Description

Close to campus & downtown two story up/down duplex with separate entrances. One bedroom, full bath and laundry in both units. Central gas furnace & A/C units w/gas & electric costs and City trash/water/sewer utility costs shared by tenants. Could easily be restored to a single family home. Upper unit lease expires 10/31/26, Lower unit, 7/31/27. Current rent $600/mo each. Large off-street concrete parking in back of property. 12×18 detached garage. Radon mitigation system. New furnace ~2012. Buyers to agree to 1031 tax-exempt sale terms & can bundle with 20 S Lucas St. Tenants’ Rights: minimum of 24 hours notice to show. Possession negotiable. Great opportunity!

Listing ID #202605182

Residential Sale

323 N Lucas St
Iowa City, Iowa 52245

$240,000
Beds0
Total Baths0
Construction Year1900
Country : US
State : IA
County : Johnson
City : Iowa City
Zipcode : 52245
StatusActive
Listing Agent
CLAY CLAUSSEN
RE/MAX Concepts
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$

Features

202605182
Multi Family
1900
On Street, Off Street, Detached Garage
Block, See Remarks
Front Porch
Frame, Composit
Close to campus & downtown between Dodge & Governor streets
Additional Details
Forced Air
08-24-2026
6920SF
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