Residential Sale
- Lucas St, Iowa City, Iowa 52245
QR Code
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!

Property 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!

Basic Details
Property Type:
Residential
Listing Type:
Sale
Listing ID:
202605182
Price:
$240,000
Beds:
0
Total Baths:
0
Baths:
0
Half Bathrooms:
0
Construction Year:
1900
Country:
US
State:
IA
County:
Johnson
City:
Iowa City
Zipcode:
52245
Subdivision:
Iowa City (Original Town)
Property Sub Type:
MultiFamily
Features
Heating:
Forced Air
Parking:
On Street, Off Street, Detached Garage
Basement:
Block, See Remarks
Exterior:
Front Porch
Construction:
Frame, Composit
Address Map
Street Number:
323
Street Dir Prefix:
N
Street:
Lucas St
Floor Number:
0
Longitude:
W92° 28' 31.9''
Latitude:
N41° 39' 55.3''
More Information
Office Name:
RE/MAX Concepts
Elementary School:
Mann
Jr./Middle School:
Southeast
High School:
City
Directions:
Close to campus & downtown between Dodge & Governor streets
Zoning:
Residential
Lot Dimensions:
6920SF
LA1Agent Logon Name:
I1012
LA1Agent First Name:
CLAY
LA1Agent Last Name:
CLAUSSEN
LO1Main Office ID:
IRMXCI
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
CLAY CLAUSSEN
RE/MAX Concepts
Additional Details
Block, See Remarks
Front Porch
Frame, Composit
08/24/2026
Close to campus & downtown between Dodge & Governor streets
6920SF