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Description

Great investment opportunity at 931 Dewey Street in Iowa City! This fully occupied duplex offers immediate rental income with tenants responsible for all utilities, helping keep operating expenses lower for the owner. The upper unit features 1 bedroom and 1 bathroom and rents for $850/month. The spacious lower unit offers 3 bedrooms and 2 bathrooms, spanning the main level and finished basement, and rents for $1,600/month. Combined gross rental income is $2,450 per month, or $29,400 annually. Additional features include a large backyard and detached garage, a combination that’s hard to find in this area. Located in a quiet, established neighborhood with convenient access to downtown Iowa City and shopping, this property offers a strong opportunity for an investor looking for an income-producing duplex with two established rental streams.Buyer to verify square footage and schools. Advance notice required for tenants.

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Listing ID #202605473

Residential Sale

931 Dewey St
Iowa City, Iowa 52240

$300,000

Beds0

Total Baths0

Construction Year1900

Country : US

State : IA

County : Johnson

City : Iowa City

Zipcode : 52240

StatusActive

Listing Agent

Name: Bryant Nicholson

Office: Affinity Real Estate Services

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Features

Property ID: 202605473

Property Type: Multi Family

Year Built: 1900

Parking: Off Street, Detached Garage

Basement: Full, See Remarks

Exterior: Front Porch

Construction: Frame, Vinyl

Directions: Dewey St

Additional Details

Heating Fuel: Natural Gas, Forced Air

Interior: Other

Listing Date: 09-10-2026

Lot Dimensions: 66x166

Subdivision: Unknown

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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