Contact us: 563.441.1776
Description
Freshly remodeled income/investment property in desirable area. Just minutes from I-80 & downtown Iowa City. This property has a strong rental history and many recent updates, including kitchen appliances, paint and flooring. Worry free investment with $185/mo. HOA fee covering lawncare, snow removal, exterior maintenance, grounds maintenance, Bldg/Liability Insurance and street maintenance, reserve fund. Leased through July of 2027 at $1985/mo. A great opportunity for new investors or experienced investors. 24hour notice to show. Showings allowed from 10am-7pm. Closing negotiable. Exterior photos of similar unit. 24 hour notice to show. Showings allowed from 10am-7pm. closing negotiable. Exterior photos are of similar unit.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,641
Built in 2018
Elementary School: Hoover
High School: City
Middle School: Southeast
One Fireplace
General Information
Bedrooms: 3
Bathrooms: 3
Sqft: 1,641
County: Johnson
High School: City
Listed By:
Edge Realty Group
Chris Lehman
319-351-3355
ICAAR MLS
MLS ID: 202604649
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4705 Herbert Hoover Hwy, Iowa City, IA 52240.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $275,000 | $275,000 | $275,000 |
| Down Payment | $55,000 | $9,625 | $68,750 |
| Monthly Mortgage Amount | $1,373 | $1,663 | $1,713 |
| Taxes | $383 | $383 | $383 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $121 | $0 |
| Monthly Estimated Total | $1,856 | $2,267 | $2,196 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/24/2026. The listing information on this page last changed on 07/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/24/2026 1:00:48 AM EST) or MRED MLS (last updated Fri 07/24/2026 12:54:03 AM EST) or SCWMLS (last updated Thu 07/23/2026 11:54:48 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 07/23/2026 10:15:33 PM EST) or Cedar Rapids MLS (last updated Thu 07/23/2026 10:44:21 PM EST) or NEIRBR MLS (last updated Fri 07/24/2026 12:58:46 AM EST) or ICAAR MLS (last updated Thu 07/23/2026 11:37:33 PM EST) or ECIMLS (last updated Thu 07/23/2026 11:44:37 PM EST) or RMLSA (last updated Fri 07/24/2026 12:51:01 AM EST) or Muscatine MLS (last updated Fri 07/24/2026 12:45:16 AM EST) or No Coast MLS (last updated Fri 07/24/2026 12:44:27 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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