Residential Sale
2,557 Sqft - Dodge, Iowa City, Iowa 52240
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Description

Charming up/down duplex investment opportunity just blocks from the University of Iowa and downtown Iowa City. Built in 1900, this classic 2-unit property (2,557 SF) sits on a 0.165-acre lot in one of Iowa’s most established rental markets. Proforma NOI of $37,567 on a 6.01% cap rate. Walkable to campus, UI Health Care, City Park, and the Pedestrian Mall district. Strong, consistent rental demand from students, faculty, and healthcare professionals.

Property Description

Charming up/down duplex investment opportunity just blocks from the University of Iowa and downtown Iowa City. Built in 1900, this classic 2-unit property (2,557 SF) sits on a 0.165-acre lot in one of Iowa’s most established rental markets. Proforma NOI of $37,567 on a 6.01% cap rate. Walkable to campus, UI Health Care, City Park, and the Pedestrian Mall district. Strong, consistent rental demand from students, faculty, and healthcare professionals.

Basic Details
Property Type:
Residential
Listing Type:
Sale
Listing ID:
2604993
Price:
$625,000
Beds:
0
Total Baths:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
2,557 Sqft
Construction Year:
1900
Lot Size:
0.17 Acre
Country:
US
State:
IA
County:
Johnson
City:
Iowa City
Zipcode:
52240
Property Sub Type:
Multi Family
Features
Heating:
Electric, Gas
Cooling System:
Central Air
Parking:
Parking Space(s)
Basement:
Full
Construction:
Frame, Aluminum Siding
Address Map
Street Number:
230
Street Dir Prefix:
S
Street:
Dodge
Street Suffix:
Street
Floor Number:
0
Longitude:
W92° 28' 27.5''
Latitude:
N41° 39' 30.7''
More Information
Office Name:
SKOGMAN REALTY COMMERCIAL
Agent Name:
Tiffany Earl Williams-WSG CRE
Elementary School:
Longfellow
Jr./Middle School:
Southeast
High School:
City
Directions:
From I-80: Exit 244 (Dubuque St) south into Iowa City, continue to Burlington St, left (east) on Burlington, right on S Dodge St. Property is on the [left/right] near the Court St intersection.
Zoning:
Res
Lot Dimensions:
7200
LA1Agent Logon Name:
earltiffany121
LA1Agent First Name:
Tiffany
LA1Agent Last Name:
Earl Williams-WSG CRE
LO1Main Office ID:
CSKN05
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Tiffany Earl Williams-WSG CRE
SKOGMAN REALTY COMMERCIAL
Additional Details
Central Air
Full
Frame, Aluminum Siding
07/13/2026
From I-80: Exit 244 (Dubuque St) south into Iowa City, continue to Burlington St, left (east) on Burlington, right on S Dodge St. Property is on the [left/right] near the Court St intersection.
7200
Urban Acres Real Estate