Residential Sale
2,489 Sqft - Gilbert St, Iowa City, Iowa 52240
Description
Two story rental house containing four dwelling units. Basement, first floor, and second floor are all two- bedroom units. Attic is an efficiency unit. All units are rented through the 25-26 school year. Current rents total $3825 but will increase to $4000 starting Aug 1, 2026. Leased until August 2027. Tenant rights apply.
Property Description
Two story rental house containing four dwelling units. Basement, first floor, and second floor are all two- bedroom units. Attic is an efficiency unit. All units are rented through the 25-26 school year. Current rents total $3825 but will increase to $4000 starting Aug 1, 2026. Leased until August 2027. Tenant rights apply.
Basic Details
Property Type:
Residential
Listing Type:
Sale
Listing ID:
202506829
Price:
$425,000
Beds:
7
Total Baths:
4
Baths:
4
Half Bathrooms:
0
Square Feet:
2,489 Sqft
Construction Year:
1900
Lot Size:
0.12 Acre
Country:
US
State:
IA
County:
Johnson
City:
Iowa City
Zipcode:
52240
Subdivision:
IC Original Town
Property Sub Type:
IncomeInvestment
Features
Heating:
Natural Gas, Forced Air
Cooling System:
Wall Window Units
Parking:
Parking Pad
Basement:
Full, Finished
Exterior:
Front Porch
Construction:
Frame, Composit, Wood
Interior:
Other, Breakfast Area
Address Map
Street Number:
420
Street Dir Prefix:
N
Street:
Gilbert St
Floor Number:
0
Longitude:
W92° 28' 12.7''
Latitude:
N41° 39' 59.1''
More Information
Office Name:
Lepic-Kroeger, REALTORS
Elementary School:
Mann
Jr./Middle School:
Southeast
High School:
City
Directions:
Located on the 400 block of N Gilbert between Davenport and Fairchild.
Zoning:
RNS12 OHD
Lot Dimensions:
80 x 55
LA1Agent Logon Name:
I038
LA1Agent First Name:
Jeff
LA1Agent Last Name:
Edberg
LO1Main Office ID:
ILKR
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Jeff Edberg
Lepic-Kroeger, REALTORS
Additional Details
Wall Window Units
Full, Finished
Front Porch
Frame, Composit, Wood
Other, Breakfast Area
11/05/2025
Located on the 400 block of N Gilbert between Davenport and Fairchild.
80 x 55
Urban Acres Real Estate